To qualify for equity release products you need to:-
- be 60 or over
- have a house worth £70,000 or more
- own your home
If you can answer 'yes' to these questions and want to improve your financial position in retirement then we can provide the financial advice that will help you determine if equity release is right for you and, if it is, find the right product.
If you have an outstanding mortgage secured against the property then this must be re-paid in full using the amount released (if available), by other means or by a combination of the two.
Try using our equity release calculator to get an idea of how much you could release and then speak to one of our team on 0800 015 0993 (Monday to Friday, 9am to 6pm). Advice is free, you will only be charged an admin fee of £749 if you take out an equity release plan we recommend.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration.
Useful links Common uses of equity release
Types of equity release plan