Unlocking the equity in your home Tax-free
You’ve worked hard your whole life. Now it’s time to enjoy the retirement you deserve, on your terms.
- Release tax-free cash
- Stay in your own home
- No monthly repayments
- The best rates from Leading providers
Compare The Best Rates From Leading Equity Release Providers
Simply fill in the two-minute form below, and one of our advisers will get back to you, we promise no hard sell, just straightforward advice specifically for you.
We will carefully go through the pros and cons of Equity Release with you and ensure we explore all alternatives to allow you to make an informed decision. With a combined 60 years of financial experience between us, expect to receive a friendly, courteous and professional service.
What is Equity Release?
Equity release allows homeowners aged 55 and over to convert the value of their property into a cash lump sum or a series of payments. This can be done through various policies that enable you to access the equity tied up in your home. You have the flexibility to take the money as a lump sum, in several smaller amounts, or a combination of both.
Is Equity Release Right For You?
To ensure equity release is the best option for your needs, it’s essential to speak with a qualified adviser. This is not just a recommendation but a regulatory requirement set by the Financial Conduct Authority (FCA). Fully-qualified advisers provide expert advice tailored to your situation and will honestly inform you if equity release isn’t suitable for you.
Frequently Asked Questions
Yes! With an Equity Release plan, all the cash you receive is completely tax-free. Compare the best Equity Release deals and see how much cash you could unlock.
While providers may vary, the minimum age to be eligible for a Lifetime Mortgage is typically 55 years old. If you have an existing mortgage or other debt secured against your property, this must be paid off either with the Equity Release funds or beforehand.
Yes, Equity Release can be used to purchase a new home, a holiday home, a buy-to-let property, or even a home with a B&B or Airbnb element.
The process usually takes about eight weeks to complete, with some applications finishing in as little as three weeks, assuming everything goes smoothly and there are no complications.
Long term financial product: These are long-term financial products and are not designed to be repaid early. If you do, early repayment charges may apply.
You can’t leave your home as an inheritance With most plans, when you die or move out permanently, your property may need to be sold to repay the scheme provider first. Only any extra money left over afterwards will go to your estate to leave as an inheritance.
Expert advice and guidance
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We understand that choosing the right equity release plan is a significant decision. Our experienced advisors are here to help you explore your options and make an informed choice that aligns with your financial goals and circumstances.
Lifetime Mortgages
A lifetime mortgage is a popular type of equity release product that allows homeowners aged 55 and over to release tax-free cash from the value of their property while retaining full ownership.
Unlike traditional mortgages, you don’t have to make monthly repayments. Instead, the loan and any accrued interest are repaid when you pass away or move into long-term care, usually from the sale of your home.
HOME REVERSION
A home reversion plan is a type of equity release that allows homeowners aged 55 and over to access the value tied up in their property.
Unlike a lifetime mortgage, a home reversion plan involves selling a portion or all of your home to a reversion provider in exchange for a tax-free lump sum or regular payments. You retain the right to live in the property rent-free for the rest of your life.