Using Equity Release to Buy A Holiday Home Abroad

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Many of us have dreams of moving abroad. Owning a property in a different location, whether it is to have a holiday home in sunny Spain, to retire to the south of France, or move slightly earlier in life and have a completely different experience and lifestyle, is only a pipe dream for many. If you are over the age of 55 and own your own property, it might just be possible to buy that property abroad that you’ve always dreamed of, with an equity release package.

There are different reasons why someone might wish to release equity from the property that they own, but one of the most popular, exciting, and exotic, is to fulfil a dream of living abroad. For many Brits over 55, the chance to have a holiday or retirement property in the sun somewhere is really enticing. We’ve all seen the TV shows selling us the dream, but it could be a reality, relatively easily. Living abroad brings a better quality of life to many people, with a holiday home the perfect place to relax, unwind, recharge your batteries, and have a refreshing break from everyday life back home.

How Does Equity Release to Buy A Holiday Home Abroad Work?

You could release enough cash to buy a holiday home, to put down a pretty big deposit, or to make regular payments on a holiday home. It really depends on your personal situation, your property, and the amount that you would require for your holiday home deposit. Every case is different, and our team will talk through your options and deliver the best equity release plan for your needs.

At Equity Release Brokers we have access to a wide range of providers, ensuring that our customers can gain equity release that suits them down to the ground. Moving abroad, or buying a property as a holiday home in a different country is one of the most popular reasons that people come to us looking for help in releasing equity from their properties.

Find Out More About Equity Release to Buy a Holiday Home

If you would like some assistance and wish to talk to our experts about how we can help you find the equity release package that suits your circumstances, please feel free to speak with us today. There are a few different ways to go about it, releasing funds that will help you buy that second property abroad, or have the means to actually move abroad.

For some people a lump sum equity release plan allows for access to a huge amount of cash right away that can be put down on a holiday home, whilst there are also packages that allow for a drawdown service of smaller amounts over a longer period of time. To find out more contact the team at Equity Release Brokers today on 01277 620083 or email info@equityreleasebrokers.com.