Equity Release
Equity Release
Unlock the value in your home without having to move. Equity release lets you access tax-free cash from your property while you continue living there, giving you financial freedom in retirement. We connect you with independent advisors who'll help you understand your options and find the right solution for your circumstances.
What is Equity Release?
Equity release is a way to access the wealth tied up in your home if you're aged 55 or over. It allows you to release a tax-free lump sum or regular income from your property without having to sell it or move out. You retain ownership of your home and can continue living there for the rest of your life.
There are two main types of equity release: lifetime mortgages and home reversion plans. Our advisors will explain both options and help you decide which is right for your retirement plans.
Types of Equity Release
Lifetime Mortgage
A lifetime mortgage is the most popular form of equity release. You borrow a percentage of your home's value while retaining full ownership. The loan, plus rolled-up interest, is repaid when you pass away or move into long-term care, typically from the sale of your home.
Key features:
- You remain the homeowner
- No monthly repayments required (though you can make voluntary payments with some plans)
- Interest rolls up over time
- Guaranteed to stay in your home for life or until you move into care
- Negative equity guarantee protects you—you'll never owe more than your home is worth
Home Reversion Plan
With a home reversion plan, you sell all or part of your home to a reversion company in exchange for a tax-free lump sum or regular income. You continue living in your home rent-free for life, but when the property is sold, the reversion company receives their share of the proceeds.
Key features:
- You sell a percentage of your home (typically at below market value)
- No interest or repayments
- Guaranteed lifetime occupancy
- The reversion company receives their share when the property is sold
Why Consider Equity Release?
Boost Your Retirement Income
Use the money to supplement your pension, cover living expenses, or enjoy your retirement without financial stress.
Home Improvements
Make your home more comfortable, accessible, or energy-efficient with renovations, extensions, or adaptations.
Help Family Members
Give your children or grandchildren a financial boost—whether it's helping with a house deposit, paying for education, or supporting them through difficult times.
Pay Off Debts
Clear outstanding debts, credit cards, or your existing mortgage to reduce financial pressure and simplify your finances.
Enjoy Life
Fund holidays, hobbies, or experiences you've always dreamed of. It's your money—use it to enjoy your retirement.
Long-Term Care Planning
Plan ahead for potential care costs or adapt your home so you can stay independent for longer.
How Much Can I Release?
The amount you can release depends on:
- Your age – The older you are, the more you can typically release
- Your property value – Higher-value properties allow for larger releases
- Your health – Some plans offer enhanced rates if you have certain health conditions
- The type of plan – Lifetime mortgages and home reversion plans have different criteria
Our advisors will calculate how much you could release and explain the long-term impact on your estate and inheritance.
Is Equity Release Right for You?
Equity release can be a great solution, but it's not right for everyone. It's important to consider:
- Impact on inheritance – Releasing equity reduces the value of your estate, meaning less for your beneficiaries
- Interest roll-up – With lifetime mortgages, interest compounds over time, increasing the amount owed
- Means-tested benefits – Releasing equity could affect your entitlement to certain benefits
- Alternative options – Downsizing, retirement interest-only mortgages, or other solutions might be more suitable
Our advisors will discuss all your options honestly and help you make an informed decision that's right for your circumstances.
Why Choose Us for Equity Release?
- Independent, Whole-of-Market Advice – Our advisors search the entire market to find the best equity release plan for you.
- Qualified Specialists – We only work with advisors who are qualified in equity release and understand the complexities of later-life lending.
- Clear, Honest Guidance – Equity release is a big decision. Our advisors explain everything in plain English, including the risks and alternatives.
- Regulated and Protected – All equity release plans we recommend are regulated by the Financial Conduct Authority and come with consumer protections.
- No Obligation – Get expert advice with no pressure to proceed. You're in control every step of the way.
- No Spam, No Selling Your Details – We only pass your information to the advisor best suited to help with your equity release needs.
Frequently Asked Questions
Do you provide equity release advice?
No, we're an introducer service. We connect you with independent, qualified equity release advisors who provide expert advice tailored to your circumstances.
What happens to my details?
We only share your information with the advisor who's the best fit for your needs. We don't sell your data or pass it to multiple companies. No spam, just the right solution.
How old do I need to be?
You typically need to be at least 55 years old for a lifetime mortgage or 65 for a home reversion plan, though this varies by provider.
Can I still move house?
Yes. Most modern equity release plans are portable, meaning you can transfer the plan to a new property if you move, subject to the lender's approval.
Will I lose my home?
No. With a lifetime mortgage, you retain full ownership. With a home reversion plan, you sell a share but have a guaranteed right to live there for life.
What if I owe more than my home is worth?
All Equity Release Council-approved plans include a no-negative-equity guarantee. This means you'll never owe more than your home is worth, even if property prices fall.
Can I pay back the loan early?
Some lifetime mortgages allow early repayment, though there may be charges. Your advisor will explain the terms and any penalties before you proceed.
Will equity release affect my benefits?
It could. Releasing a lump sum may affect means-tested benefits like Pension Credit or Council Tax Support. Your advisor will help you understand the impact.
What are the alternatives to equity release?
Alternatives include downsizing to a smaller property, retirement interest-only mortgages, or borrowing from family. Your advisor will discuss all options to help you make the right choice.
How do I get started?
Just get in touch. Tell us about your situation, and we'll connect you with a qualified equity release advisor who can help. It's that simple.
Important Information: We are an introducer company and do not provide financial advice. Our role is to understand your needs and refer you to the appropriate financial services provider who is best suited to help with your specific enquiry. By submitting your details, you agree that we may pass your information to the relevant partner company who can assist you. We will only share your details with providers who are the right fit for your requirements. Your information will not be sold or used for spam—we are committed to finding you the correct solution for your needs.