What is Equity Release?

If you’re a homeowner over the age of 55 (both partners if a couple), you could unlock tax-free cash from your property and use it how you wish in order to enjoy your retirement. It’s tax-free, the money’s yours to use however you wish.

Box Icon Add Value to Your Home

Add Value to Your Home

Undertake home improvements or repairs which will add value to your property

Box Icon Early Repayment

Early Repayment

Repay your mortgage early to free up some retirement income

Box Icon Pay Off Debts

Pay Off Debts

Pay off your debts to reduce your monthly outgoings

Box Icon Splash Out

Splash Out

Take that holiday of a lifetime or replace the car so it lasts through your retirement

Box Icon Support Your Children

Support Your Children

Help your children by gifting them some money

Benefits of Equity Release

Box Icon Payout Options

Payout Options

Depending on the plan, you can choose to receive a lump sum or a series of payments

Box Icon No Commitments

No Commitments

There are no monthly repayments to worry about

Box Icon Stay In Your Home

Stay In Your Home

You can stay in your home for life, or for as long as you choose to

Box Icon Spending Freedom

Spending Freedom

You can spend the money however you wish on whatever you want

Box Icon Tax-Free

Tax-Free

The money is tax-free as it is yours in the first place

Box Icon Plans To Suit You

Plans To Suit You

There are a wide range of equity release plans available, which can be personalised to your individual needs

Start your Equity Release enquiry

Speak to an adviser on which equity release plan is right for you.
Request a callback to get started on your enquiry.

Request a callback

Types of Equity Release Plans

Box Icon Lifetime Mortgage <br />Plans

Lifetime Mortgage
Plans

A lifetime mortgage provides a tax-free lump sum which allows you to retain 100% ownership of your property. Repayments, including accrued interest, are made when you die and your property is sold.

Box Icon Drawdown Lifetime <br />Plans

Drawdown Lifetime
Plans

A drawdown lifetime mortgage is similar except that it offers more flexibility. Rather than having to take all of your cash in one lump sum you can access the money as and when needed. This can mean that you accrue less interest.

Box Icon Home Reversion <br />Plans

Home Reversion
Plans

A home reversion plan means that you sell some or all of the property. You still remain in the property, but the property will typically pass over to the lifetime mortgage company on your death.

Box Icon Interest Only <br />Mortgage Plans

Interest Only
Mortgage Plans

An interest only lifetime mortgage provides you with a lump sum of cash, however instead of accruing interest you make regular repayments to cover the cost of interest. When you die, only the capital that you have borrowed will be taken from the sale of your property.

Choosing the Right Equity Release

There will be NO pressure and NO obligation to proceed. The decision to take up our recommendation is entirely yours and after your initial consultation with our advisers, you will be given plenty of time to decide.

Box Icon 1. Get Expert Advice

1. Get Expert Advice

We can put you in touch with an equity release adviser who’ll review your needs and future plans. Your equity release adviser can arrange a convenient time to visit you in the comfort of your own home.

Box Icon 2. Think It Over

2. Think It Over

Discuss your options and the plans available with your family and decide if equity release is right for you.

Box Icon 3. Apply

3. Apply

If you decide to go ahead, your equity release adviser will manage your application for you.

Frequently asked questions