More and more young people in the UK are choosing to spend time traveling or working overseas, perhaps before or after a university course. However, independent travel is also becoming increasingly popular with people from older age groups. And taking a career break later in life for a round-the-world trip or holiday of a lifetime, perhaps before starting a family or once the children have left home, could be a life-changing experience.
Have you always wanted to walk the Inca Trail to Machu Pichu or climb Mount Kilamanjaro or see the sun rise at the Taj Mahal, or all these and more? Many people plan these adventures and for some, the plans become reality however, many more are put off by the thought of commitments such as jobs, mortgage payments and children.
However, if you are a homeowner and have built up some equity in your property, there could be a way to unlock some of this resource to fund your travels. Re-mortgaging is very straightforward and you may well find that you could be paying a far better rate on your borrowing than you currently are. And so why not release some extra cash at the same time? You could take a luxury cruise or holiday to celebrate a special wedding anniversary or take some time out to travel the world. You could also cover some costs while you are away by letting your property to tenants.
If you would like to know more about releasing the equity in your home for a special holiday or trip, or for any reason, please complete an Equity Release Mortgage Enquiry Form and we will arrange for one of our advisers to contact you. Or you could call us on 0808 156 2670.
Browse our equity release guides, enquire online or call us on 0808 156 2670.
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