Harberton Financial Ltd.

Equity Release Northern Ireland

As a locally-based Key Group subsidiary with over 30 years of experience and thousands of successful transactions, Harberton Financial is one of Northern Ireland's most trusted Equity Release companies.

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Northern Ireland Equity Release

Equity release in Northern Ireland is a financial product that allows NI homeowners, typically those over 55, to unlock equity built up in their homes without having to sell or move out. This is done through a variety of schemes such as lifetime mortgages, home reversion plans or interest-only mortgages. The amount released is repaid from the sale of the property when the homeowner dies or moves into long-term care.

Equity release can be an important tool for retirees who are asset-rich but cash-poor, as it can provide them with a lump sum or regular income to supplement their retirement income. It can also help fund home renovations, pay off debt or provide financial support for loved ones.
However, equity release should be considered carefully as it can impact inheritance, limit future borrowing options and may incur high fees and interest rates. It's important to seek professional financial advice before deciding if equity release is right for you.

Contact Harberton Financial for a free NI Equity Release consultation and to discuss your options today!

Locally Based with Bespoke Services

Harberton Financial is locally based in Northern Ireland. Everything takes place where you live and is done by a NI-based advisor. Your home is our home.At Harberton Financial, we make sure to understand what is most important to our Northern Ireland clients and their families, allowing us to curate equity release advice that is the ideal fit for their circumstances. We also offer the option of telephone, virtual, or in-person consultations from the comfort of your own home. Your comfort is our priority.Harberton Financial is also proudly partnered with The Equity Release Experts of Key Group, one of the UK’s largest provider of equity release services. Unlike other boutique companies, our partnership includes access to robust tools and extensive resources to better serve our Northern Ireland clients. You get the best of both worlds.

Straightforward Advice

We guarantee straightforward equity release advice and full transparency. We are also here to make sure all of your questions are answered.

Market-Wide Comparisons

We compare plans from across the entire equity release market and ensure that our Northern Ireland clients are paired with the plan that is most suitable for their needs.

Assured Confidentiality

The equity release services at Harberton Financial are independent and 100% confidential between you and your advisor.

Trusted Experience

Our in-depth knowledge of products and features from across the equity release market ensures that you receive the best service available in Northern Ireland.

Important Equity Release Considerations

An experienced local Harberton Financial adviser can discuss your options with you in the comfort of your own home, via phone or through a video call to provide more information. They will always inform you if equity release is not suitable for you and you are under no obligation to proceed.

We acknowledge that equity release may not be suitable for everyone and we will not suggest it as the appropriate choice unless we are certain.
A lifetime mortgage involves borrowing money that is secured against your property. With a lifetime mortgage, you have the option to keep your outstanding balance down by making monthly payments, ad-hoc payments or not make payments and the accumulated balance is paid back after the loan comes to an end.
Equity release may decrease the value of your estate and could impact your eligibility for benefits that are means-tested.
Our service is completely free of charge unless you complete your plan. Our fixed advice fee of £1,799 is only payable upon completion of a plan.

Frequently Asked Questions
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© Harberton Financial Ltd. | Michael McGee, Independent Northern Ireland Equity Release Adviser, CeRER. All rights reserved. Calls may be recorded or monitored. Companies House Registration Number NI665106. Financial Services Register number 916047. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. We're members of the Equity Release Council. Open 9:00 to 19:00 Monday to Friday.

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Frequently Asked Questions

Learn More About Unlocking Cash From Your Northern Ireland Home
Answers to Common Equity Release Questions

What is Equity Release?

Homeowners aged 55 and over can use equity release plans to unlock some of the cash that’s tied up in their homes. They can generate a tax-free cash lump sum, which can be used in a variety of ways including; home improvements, holidays, help with daily living costs or gifts to family members to see them enjoy their inheritance now. The most popular type of equity release plan is a lifetime mortgage. A lifetime mortgage is a loan secured against your home and is also available as a drawdown option allowing cash to be drawn as and when it’s needed. Each type of plan has its own advantages and disadvantages, which is why it’s so important to seek specialist advice on the best type of plan before making any decision. Equity Release is regulated by the Financial Conduct Authority (FCA) and can only be sold following qualified advice.

What is Harberton Financial?

Harberton Financial is an independent equity release subsidiary of The Equity Release Experts in Northern Ireland. Our adviser provide all the facts and figures to help our customers come to a decision about equity release in their own time, with no pressure.

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A Detailed Glance at NI Equity Release

Is equity release regulated? - Yes, equity release is regulated by the Financial Conduct Authority. And as an additional safeguard, all the plans we recommend meet Equity Release Council standards.Do you still own your home? - Yes. With a lifetime mortgage, customers will always own their home and can stay in it for as long as they like.Can you move house? - Yes. All of our plans meet Equity Release Council standards and can be transferred to a new home (subject to the lender’s criteria).Will a plan leave debts for the family? - All plans that meet Equity Release Council standards come with a ‘no negative equity guarantee, meaning that no matter what happens to house prices, the amount owed on the plan will never exceed the value of the property.What happens to any inheritance? - The value of an equity release customer’s estate will be reduced by taking a plan. However, some plans allow for an inheritance to be guaranteed should this be important.Will means-tested benefits be affected? - An equity release plan may affect a customer’s entitlement to means-tested benefits. The good news is that all of our advisers have access to software that calculates current benefit entitlement and any effect that equity release may have. They will then look for ways to reduce or remove that effect in order to retain benefits.How is the home’s value assessed? - An independent surveyor will be instructed to ascertain the value of the property before the equity release offer is confirmed.How flexible are the plans? - Being independent we compare all the options available in the Northern Ireland equity release market, so whether it’s low rates, high loan amounts or flexible features, we have it covered.Can equity release be paid back early? - Equity release is usually a lifetime commitment, so the plans aren’t typically designed to be repaid early. The majority of plans have fixed early repayment charges and the charge will always be made very clear should there be a wish to repay the loan early.Are there monthly payments to make? - It is possible for customers to make partial capital or interest repayments on the loan which allows you to keep your outstanding balance down. With a lifetime mortgage there is also the option not to make repayments which means the roll-up of interest, this is repaid when the plan comes to an end, when the surviving partner dies or moves into long-term care.How much does equity release cost? - There are associated costs with equity release in the same way there may be with a regular mortgage, these can include fees such as surveyor’s valuation and solicitors fees. Unless you decide to go ahead, our service is completely free of charge, as our fixed advice fee of £1,799 is only payable on completion of a plan. An adviser will always talk through any costs involved initially, as each plan is different.