There are two main types of equity release plans – lifetime mortgages and home reversion plans.
Both types of plan allow you to remain in your home and release tax free cash to be used for whatever purpose you require.
The equity release company will value your home and calculate the amount you can release based on factors such as your age and life expectancy, and the value and type of property you own. Any mortgage or other debt, which is held against the property, will be taken into consideration. Read about the alternatives to equity release.
Any mortgage or other debt which is held against the property will be taken into consideration.
Think carefully before securing other debts against your home.
Just Retirement Limited offers a lifetime mortgage but not a home reversion plan. Find out about our two types of lifetime mortgage.
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Case studies and comments from our customers