If you'd like to release the equity you've built up, to fund your retirement, we can help you understand your options.
Equity release for our seniors when they need funds for :
Shared sale agreements
Equity release is any product that converts savings locked up in the family home into cash that can be used for any purpose.
SEQUAL members offer two kinds of equity release product — the reverse mortgage and the shared sale agreement.
A reverse mortgage is a loan against the family home with no repayments. Interest costs are added to the loan, increasing the balance over time. The loan is typically repaid from your estate.
Under Federal law introduced in 2012, known as a ‘no negative equity guarantee’, the proceeds from the sale of the home will always be enough to repay the reverse mortgage in full, regardless of how long you remain living in the home.
A shared sale agreement is a different form of equity release and is not a loan. The home owner receives a cash lump sum today in return for an agreed share of the proceeds of the sale of the home. Shared sale agreements are also designed to be repaid from the homeowner’s estate.
Reverse mortgages and shared sale agreements are endorsed by SEQUAL because they respect the right of senior homeowners to remain in their home for life. The senior homeowner cannot be forced to sell in any circumstances.
I have worked with the team for a few months now.Absolutely great team to work with! Guided me with the best available options in the market.
Many thanks to the Team at Finance and Mortgage Solutions which helped me to secure my bank loan without any fuss. Their fully secured digital technology made every part of the loan process very easy and hassle free.
Madhu, Arnab and team have helped us with refinancing our mortgage with so much ease. They understood our concerns and were able to tailor a solution that was ideal for our situation. They kept us upto date at all times and were able to quickly resolve any problems that arose. Their wealth of knowledge across mortgages as well as finance overall has been immensely valuable. Anyone looking for advise and tailored solutions especially families, new migrants or someone who’s just confused with the options available should give this team a call.
I joined as a mentee under Madhu Chaudhuri from Finance and Mortgage Solutions in 2017, and worked under her supervision till March 2021. I have learnt Residential and Commercial lending while being mentored by her.
Now I am running my own Mortgage broking business successfully since I April 2021.
The weekly classes and networking sessions run by Finance and Mortgage solutions were quite helpful to keep me updated with latest policies of the Finance Industry.
I want to express my gratefulness that I had an opportunity to work and learn working with Madhu Chaudhari. She is an amazing mentor who has made a substantial change in my career over the past few years. She fully understands the needs and inspires new brokers to bring out best in them.
She has tons of experience & immense knowledge in the finance & mortgage industry.
It’s been a pleasure working with Madhu. She carefully analysed our situation and looked into all areas of our outgoings and ensured we maximised our savings to be able to save for our future.
She is really patient and her advice on various fronts of our finance structure helped us immensely. She is a walking encyclopaedia of all things finance.
Definitely will recommend her to everyone who needs a great adviser... She has certainly made a friend for a lifetime...
As a first home buyer, I was really facing so much issues. The advice, support and service Finance and Mortgage Solution that are giving me are simply amazing. I highly recommend FMS for mortgage related consultancy.
Madhu was my mentor for 2 years from November 2016 to June 2018. She was available during working hours for any questions and she believes in helping her mentees to learn by working through scenarios and arriving at the approriate solutions. My skills in developing appropriate scenarios to the unique financial situation of a customer were enhanced during the mentorship. How to talk to the assessors and how to approach a BDM for a solution were skills that were honed during this period.Finally pitching the loan to the customer and compliance training were addressed in great detail. Madhu is very helpful and extremely knowledgeable. I would recommend her anytime as a mentor for any person wishing to become a Broker.
Madhu and team are thorough professionals and am really happy with the advise they provided to make informed decisions.
I have gone again with Madhu for the construction loan. She was able to secure us an excellent deal after going through with several lenders. Appreciate thier customers first approach and commitment. Thanks a lot again.
I cant recommend much more than this. Well organised, good follow up, great mentorship and guidance throughout. Recommends based on our specific needs and answers to all our questions patiently and responsibly!
I recently got a home loan approved from Finance & Mortgage Solutions. I cannot thank them enough for their help excellent service and highly recommend especially Madhu and Arnab without them it wouldn't have been possible . Thanks 👍.