Avalon, The Clear Choice Lincoln
Equity Release
Lincoln & Lincolnshire

Equity release advice in Lincoln and Lincolnshire

Own your home anywhere in Lincolnshire and you're 55 or over? A lifetime mortgage may let you release some of the value tied up in your property and stay where you are. Here's how I can help you weigh it up.

Proud to be a member of the Equity Release Council The London Institute of Banking and Finance: Accredited Later Life Lending Professional

Advice provided through Avalon FS Ltd, authorised and regulated by the Financial Conduct Authority.

Your adviser

A straight conversation, at your pace

I'm Neil Spruce, an adviser working for Avalon FS Ltd. I'm based near Lincoln and I help homeowners across the county work out whether equity release suits their circumstances.

I work with clients remotely, by phone and online, so you don't need to travel to see me, whether you live in the city, a market town, a village or on the coast.

I advise on lifetime mortgages and retirement interest-only (RIO) mortgages only. I'll explain how each one works, what it costs and what the alternatives are. If equity release isn't the right answer for you, I'll say so.

Avalon FS is a member of the Equity Release Council, and its standards are there to protect you.

I can help you to

  • Understand lifetime and retirement (RIO) mortgages in plain English
  • Get a rough idea of how much you might be able to release
  • Look at the alternatives, such as downsizing or other borrowing
  • Include your family in the conversation, if you'd like to
  • Move through each stage with you if you decide to go ahead
Try the calculator
Areas covered

Homeowners across Lincolnshire

I regularly speak with homeowners in and around:

  • Lincoln
  • Scunthorpe
  • Grimsby
  • Louth
  • Skegness
  • Sleaford
  • Boston
  • Grantham
  • Spalding
  • Gainsborough

Live somewhere not listed? Get in touch and we'll talk it through.

Worth knowing

What lenders look at when they consider your home

Lincolnshire has a wide mix of homes, from city terraces and town bungalows to village cottages and country properties. Whatever yours is, it helps to know early what a lender will want to understand:

  • A valuation. The lender arranges one, and it plays a big part in how much may be offered.
  • Leasehold properties. Lenders have rules about the length of lease remaining, so it's worth checking yours at the outset.
  • Non-standard or older homes. Some lenders restrict certain types of construction, for example a thatched roof, so tell me if your home is unusual.
  • Larger plots and rural properties. Land, outbuildings or a property used partly for business can affect what a lender will accept, so mention it early.
  • An existing mortgage. This is normally paid off from the money released, and the calculator can take it into account.
  • Independent legal advice. You'll see a solicitor before you go ahead, and I'll explain how that works.

What does it cost to get advice?

The first conversation is free and there's no obligation. If you decide to go ahead, my fee is £895, and I'll confirm it in writing before you commit to anything.

Any lifetime mortgage has other costs too, such as interest and lender and legal fees. I'll go through every one of them with you, and you can read more in the frequently asked questions.

Let's have a friendly chat

Tell me a little about your situation and I'll explain what your options might look like. There's no obligation.

Call 07734 114206 Send an enquiry