Hodge Equity Release has launched the first web-based equity release calculator on the market. Th...
Hodge Equity Release has launched the first web-based equity release calculator on the market.
The free service is available to financial intermediaries and members of the public on its new website.
As the UK's only equity release firm dealing exclusively with financial advisers, Hodge is attempting to de-mystify the equity release market.
Site visitors enter their age, gender, type and value of their property and its leasehold or freehold value and a ruling on their eligibility for an equity release product is provided instantly. The site also provides information on the range of products available.
Commenting on the website, Jon King, head of Hodge Equity Release, said: 'Our aim is to introduce people to equity release market in the most accessible and jargon-free way possible. The product eligibility calculator epitomises our approach in helping the public and financial advisers alike to gain an instant indication of their eligibility. People can conduct this simple enquiry before consulting an IFA about the products available to them.'
In addition to the calculator, the website provides financial advisers with information on all aspects of equity release and home income plans, including full product details with key features documents and scheme parameters.
Visit: www.hodgeequityrelease.com
