So, you’ve heard about equity release, and are wondering what it entails. Great, let’s discuss it in a bit more detail. What exactly is equity release? Simply put: Equity release
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Papilio Equity Release Review
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Who Are Papilio?
Papilio UK Equity Release Mortgages Ltd are a lifetime mortgage1 servicing company and specialist purpose vehicle who work on behalf of JP Morgan looking after equity release customers, making sure that statements are sent on time and that work is completed correctly when a lifetime mortgage finishes.
Papilio UK Equity Release Mortgages Ltd is a lifetime mortgage servicing firm and specialised purpose entity that looks after equity release customers on behalf of JP Morgan, ensuring that statements are received on time. Work is performed appropriately after a lifetime mortgage finishes.
The following are the complete corporate details: The firm is called Papilio UK Equity Release Mortgages Limited, and it is registered in England and Wales under the number 07687338. 35 Great St Helen’s, London, EC3A 6AP is Papilio’s registered office. That is also the location of Papilio’s trade office.
Papilio has minimal contact with equity release brokers so that they can provide you with the finest equity release and other mortgage products.
Papilio UK Equity Release FAQs
These are the most common questions we've got asked about Papilio equity release.
How does Papilio equity release work?
Homeowners over the age of 55 can take advantage of Papilio equity release. It entails releasing any funds that may be locked up in your property, less any outstanding mortgage.
Is Papilio a member of the Equity Release Council?
Papilio is not a member of the Equity Release Council.
What's the catch with Papilio equity release?
Papilio equity release is a method of keeping a house or other capital-valued asset while also receiving a lump sum or a regular stream of income from the house’s value.
The ‘catch’ is that the equity source must be paid back at some point in the future, generally when the homeowner passes away.
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Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.
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