Free up some of your money ...


Contact us

Got a question? We’re to help. Call us on:


More and more people are now choosing to release some of the equity tied up in their property in order to provide a lump sum or a regular income.  An equity release mortgage is a popular way of doing just that and means that the property need not be sold.

Equity release mortgages are primarily designed for retirees with many plans only available to those aged over 55.

Understanding equity release

Equity release is available for homeowners aged between 55 and 95, with a property, typically worth at least £70,000. It enables you to release some of the equity tied up in your house as cash that you can spend however you wish.

  • There are many different features designed to protect you and help you make the most of your equity release. This includes inheritance protection to help you guarantee an inheritance for your family, and a no negative equity guarantee so that you never owe more than the value of your home
  • The most popular type of equity release plan is a lifetime mortgage, which allows you to remain the owner of your home. A lifetime mortgage is a loan secured against your home
  • The money released using a lifetime mortgage can be taken as a one-off lump sum, or as part of a drawdown plan. With a drawdown plan you can release additional money in stages, and only pay interest on the amount that you actually release
  • Our advisers will help to find the right plan for you
  • Equity release will reduce the value of your estate, and may also affect your entitlement to means-tested benefits