Unlock the value of your home in later life with an equity release mortgage. At Orchard Mortgage Solutions, we understand that your home is more than just a place to live. It’s also a valuable asset. If you’re over 55 and looking for a way to access some of the money tied up in your property without having to move, an equity release mortgage could be the right solution.

Meet Rakesh Chandarana – Your Equity Release Specialist

When it comes to making important financial decisions later in life, you need someone you can trust. That’s where Rakesh Chandarana comes in.

Rakesh is a fully qualified mortgage and equity release adviser at Orchard Mortgage Solutions. With years of experience in helping clients unlock the value of their homes, Rakesh specialises in guiding individuals and couples through the equity release process with clarity and compassion.

He takes pride in providing honest, tailored advice, ensuring that clients fully understand all the options available to them. Whether you’re just beginning to explore equity release or you’re ready to move forward, Rakesh will support you every step of the way — no pressure, no jargon.

🔹 Friendly, professional, and FCA regulated
🔹 Member of the Equity Release Council
🔹 Whole-of-market access to leading lenders
🔹 Dedicated to helping clients achieve financial freedom in retirement

Want to speak to Rakesh directly?

📞 Call us today 01257 543013 to speak with Rakesh
📧 Or use our contact form to arrange a no-obligation consultation

What Is an Equity Release Mortgage?

An equity release mortgage allows homeowners aged 55 and over to release tax-free cash from the value of their home. You can take the money as a lump sum, in smaller amounts, or a combination of both. The most popular type is a lifetime mortgage, where you retain full ownership of your property.

Unlike a standard mortgage, there’s usually no need to make monthly repayments unless you choose to. Instead, the loan, plus any interest, is repaid when you pass away or move into long-term care.

Why Consider Equity Release?

There are many reasons why people choose equity release, including:

• Supplementing retirement income
• Helping children or grandchildren financially
• Paying off existing debts or mortgages
• Funding home improvements
• Enjoying later life with more financial freedom

It’s your money, in your home — equity release simply gives you a way to use it while you’re still living there.

Types of Equity Release Mortgages

There are two main types of equity release:

1. Lifetime Mortgage

The most common form of equity release. You borrow a portion of your home’s value, with interest rolling up over time. You still own your home.

2. Home Reversion Plan

You sell all or part of your home to a provider for less than its market value, in exchange for a lump sum or regular payments. You retain the right to live in the property rent-free for life.

At Orchard Mortgage Solutions, we specialise in lifetime mortgages, which offer more flexibility and allow you to retain ownership of your home.

Is Equity Release Right for You?

Equity release isn’t suitable for everyone. That’s why we take the time to understand your personal and financial situation. We’ll explain the pros and cons clearly, including:

Advantages:

• Access to tax-free cash
• Stay in your home for life
• Flexible options for receiving funds
• No monthly repayments (unless you choose to)

Considerations:

• Interest can compound quickly over time
• It may reduce the value of your estate
• It can affect means-tested benefits
• There may be early repayment charges

Our expert advisers — including Rakesh Chandarana — offer tailored equity release advice, helping you decide whether it’s the right path for your future.

How Much Could You Release?

The amount you can release depends on several factors:

• Your age (and your partner’s, if applying jointly)
• The value of your home
• Your health and lifestyle
• Whether you choose a lump sum or drawdown

Use our free equity release calculator to get an instant estimate — or speak with one of our advisers for a personalised illustration.

Safe, Regulated Advice You Can Trust

At Orchard Mortgage Solutions, your peace of mind is our top priority. We only recommend equity release plans approved by the Equity Release Council. This means:

• You have the right to stay in your home for life
• You’ll never owe more than your home is worth (no negative equity guarantee)
• You can move to another property, subject to criteria

We’re fully regulated by the Financial Conduct Authority (FCA), so you can be confident you’re receiving expert, impartial advice.

Why Choose Orchard Mortgage Solutions?

✔ Independent equity release advisers

✔ Whole-of-market access to leading providers

✔ Clear, jargon-free advice

✔ Personalised recommendations

✔ No pressure, just support

✔ Trusted experts like Rakesh Chandarana on your side

We’re here to guide you every step of the way — from initial consultation through to completion.

Frequently Asked Questions

Is equity release safe?
Yes. When arranged through a regulated adviser like Orchard, equity release is a safe, legal financial product, backed by strict industry standards.

Will I still own my home?
With a lifetime mortgage, yes — you remain the legal owner of your home.

Can I pay off an equity release mortgage early?
You can, but early repayment charges may apply depending on the terms of your plan.

Will it affect inheritance?
It may reduce the value of your estate, but some plans allow you to protect a percentage for your beneficiaries.

Take the Next Step

Equity release could offer the financial freedom you deserve in later life. But it’s important to make an informed decision. That’s where we come in.

📞 Call us today 01257 543013 to speak with Rakesh
📧 Or use our contact form to arrange a no-obligation consultation