Are You sitting on an asset?

Click below for an interactive audio explanation [click twice]

Equity in Your property or home?

So many people who have invested with us have accessed their money through re-mortgage of their existing home.

Many people did not even realise they could do this and the extent of the asset they were literally sitting on!

The major benefit of this strategy is that your income and savings are not impacted in any way. If you have a property with sufficient equity in it You could use the following strategy to invest without increasing your outgoings:

A Typical example:

Your Existing Property [home]:

* Property Worth £250,000
* Repayment mortgage of £100,000 at £700pcm approx
* £150,000 equity

Your Re-mortgage:

* New mortgage of £212,500 (85% of £250,000)
* New Interest only repayments of £1.100pcm approx
* Old mortgage paid off leaving £112,500 (less fees)

Investment Strategy:

* Bank Contingency of £22,500
* PAP fee £32,500
* Deposits £30,000
* Bank increase in mortgage payments for 6 years: £27,500

With no change to your current circumstances You can set up your long term future for life!

If you would like to speak to an independent broker to find out if you can access cash fast to build your wealth or someone at Progressive click Contact Us Now