Equity Release Hampshire

If you’re looking for whole market equity release, our equity release specialist in Hampshire, Andy O’Connor, is happy to help. Bower Home Finance is here for you across the UK, with over 18 years’ experience in helping our customers get the most out of their equity release. 

Understanding equity release in Hampshire 

Whether you’re looking to release extra funds for home improvements, paying off existing mortgages, or gifting money to friends and family, our expert equity release advisers in Hampshire can help you unlock the equity stored in your property.  

When you release the equity in your home, the lump sum you receive is tax free and is equal to the value of your home minus any outstanding mortgage and loans secured against it. With a range of options for you to release your equity, our equity release adviser in Hampshire can explain your options.  

If you’re aged 55 and over, and own your own home, you could be eligible to release equity on your home. Check out our free equity release calculator to check your eligibility.  

Ways you can release equity from your home in Hampshire: 

Lifetime mortgages 

If you’re looking to raise some extra funds, whether it be for home improvements, a gift to friends or family, or for a holiday you’ve always dreamed of, a lifetime mortgage can allow you to secure a loan against your home whilst maintaining ownership. This means the loan will allow you to access some of the equity stored in your home and will only need to be repaid when you die or go into long term care.

Home Reversion Plan  

Home reversion plans allow you to sell part or all your home in return for cash whilst remaining in your home until you die or go into long term care without paying rent for the portion you sell. The home reversion plan offers options in how you wish to receive your money, this can be as one large lump sum or as a regular income, or both.  

Re-mortgaging your home 

If your home’s value has increased, re-mortgaging your home might be the option for you. Your house price increase could mean you have a lower loan to value than when you first bought it, meaning you could increase your mortgage to raise a cash lump sum, rather than borrowing separately (and in some cases more expensively) from other sources. 

Speak to a local equity release adviser in Hampshire 

Request a callback to have a chat with Andy O’Connor, your local Hampshire equity release adviser.

The property market in Hampshire  

Featuring a range of properties from across the eras, Hampshire homes offer character and location with attractions to be found around every corner and the beautiful coast just a short journey away. Offering a beautiful mix of modern connectivity with historical buildings and heritage, Hampshire hosts a range of historical market towns, National Parks including the ever-popular New Forest, and museums paying homage to its military history. Hampshire reported an overall average price of £410,314 over the last year which is significantly higher than the UK average of £282,000 in January 2024. Understanding what’s right for you and how to move forward can be a daunting process, which is why our specialist advisers will work closely with you and your family to help you understand the options available to you and get the bet whole of market advice. Get in touch today to find out if equity release is right for you. 

Learn more about Andy O’Connor, your local Hampshire Equity Release Advisor 

Andy is a fully qualified CII Equity Release Adviser. He is based on the Hampshire and Dorset border and is happy to offer face-to-face, phone, or online advice to homeowners anywhere in the UK.  

Andy has been assisting financial services clients to achieve their goals for over twenty years in various regulated advisory roles including Financial Planning, Mortgage Broking and now Equity Release. Working for financial providers including Citi Group, Lloyds TSB, Scottish Widows and AWD Chase De Vere. Having worked both in the UK and Australia there aren’t many client circumstances he hasn’t worked with to achieve their desired outcome. 

Equity Release advice became a passion for Andy after seeing first-hand with a member of his own family how it can improve someone’s quality of life and financial options in retirement. If you are a homeowner over 55, an Equity Release plan could be life-changing for you too. Equity Release plans have become increasingly flexible over the years and Andy’s role uses his experience and support to help design and find the best plan for you from the whole of the later life lending market. 

Taking that first step can seem daunting, which is why Andy only offers client-first advice. Equity Release may not be suitable for you, which is why he feels it is essential to get specialist advice from an adviser who has access to every lender. This is exactly what Andy offers here at Bower Home Finance. For the homeowners who will benefit from Equity Release, Andy will advise, guide, and support you through the whole process. It is also important that we include your family in our discussions if you want.  

Andy lives on the edge of the beautiful New Forest in Hampshire with his wife and two daughters. Outside of work and family life, he has spent a lifetime involved in football and has spent many years playing guitar in various local Blues bands. 

If you would like an informal, no-obligation chat with Andy about how Equity Release could benefit you then please contact us.