About me and what I do.

My name’s Alan Rait, and I am an Equity Release and Later Life Lending Specialist working with Yorkshire Equity Release. I arrange Lifetime Mortgages for the over 50s, if the circumstances are right,  in Greater Manchester,  the North West, West Yorkshire, and further afield as necessary.

I qualified to advise on Lifetime Mortgages in 2007 and since 2014 I’ve been working exclusively in this specialised and highly regulated marketplace. Being a few years over state retirement age I readily identify with customers looking to release equity from their homes and am familiar with their probable needs.

A typical client profile would look like this:

The younger applicant, if a couple, will be over the age of 55. They are likely to be asset rich and cash or income poor. They may be looking to downsize but don’t have enough equity to buy the house they really want. They will probably not qualify for a mortgage on their income and age as they would be unlikely to pass affordability, stress testing and income verification. There might also be a background of adverse credit. Alternatively, they might be wanting to use their property wealth to improve their circumstances in retirement. Gifting to help out family is increasingly popular and likely to see growth in demand due to our economic circumstances.

If this sounds familiar I can probably help!

Equity release is not for everyone and if it’s not the right solution for you, we don’t proceed. If you have reservations, take a look at my sister site that hopefully will put your mind at rest.

I look forward to hearing from you.

Alan Rait Cert CII (MP)

Equity Release Specialist

Accredited Later Life Lending Professional – The London Institute of Banking & Finance

M: 07747 056 788

T:  0800 112 35 35
E: alan@yorkshireequityrelease.co.uk
W: www.yorkshireequityrelease.co.uk