Life Choice
Last updated 27th April 2018

4 Facts You Need To Know About Equity Release

Last updated 25th December 2018

How Homeowners over 55 Can Get Free Expert Advice To Release Cash Tied Up In Their Property

Life Choice

Are you a homeowner over 55?

You could do with some extra cash for home improvements, family expenses or simply enjoying your retirement?

If your answer is yes, Equity Release might be the right option for you. Equity Release in an increasingly popular solution for Brits over 55 to access money tied up in their homes.1

What is Equity Release?

Equity Release is a financial agreement that allows homeowners over 55 to unlock cash that is tied up in their property while staying the owner of their home.

This means that British homeowners are able to release large sums of cash that was previously locked up in their property.

Given that there are many different Equity Release schemes, we recommend talking to one of our experts to find out the best solution for you.

Important:

Equity is a highly attractive option for many, however, not everyone is eligible (and for some it may not even be an advisable choice).

You must be:

  • Over 55
  • A homeowner
  • A UK resident

Please click your age below to see how much cash you could release from your home.

How much Equity could you release?
Click your icon below to find out more!

Unfortunately, you are not eligible if you are under 55.


Experts in Money Logo
How much Equity could you release?
Tap your icon below to find out!

Unfortunately, you are not eligible if you are under 55.

Experts in Money Logo

4 Important Facts About Equity Release

  1. Tax-free cash2:
    The money you release from your property is tax-free. You can decide if you want to get a lump sum or smaller regular payments.
  2. Maintain 100% homeownership:
    With a lifetime mortgage, currently the most popular Equity Release product*, you continue to own and live in your home, like with any other mortgage.1
  3. Never owe more than the value of your property:
    The standard ‘No Negative Equity Guarantee’ makes sure that you will never owe more than the value of your home. This means you can never pass on any debt to your children.
  4. You can decide not to pay back:
    If you decide to get a lifetime mortgage, you can decide to pay the money back that you have released. For example in case you want to pass the property on to your children. But you also have the choice not to pay it back.

How Much Money Can I Release?

Most people release around £70,000-£90,0001.

You can find out how much money you could release with your property and use our FREE equity release calculator.

As with any important decision, the key is to speak to an independent expert for advice on your best option and whether equity release is suitable.

How much Equity could you release?
Click your icon below to find out more!

Unfortunately, you are not eligible if you are under 55.


Experts in Money Logo
How much Equity could you release?
Tap your icon below to find out!

Unfortunately, you are not eligible if you are under 55.

Experts in Money Logo

How Do I Find Out If I’m Eligible?

It is important to be informed about your options when getting Equity Release.

Experts in Money is an online tool that can help you to find free expert advice to find out how much money you can release and which scheme is the best for your needs.

Am I Eligible?

  • Step 1 - Click your location on the map below to go to our FREE calculator.
  • Step 2 - Answer a few simple questions to see how much cash you could get from Equity Release.
  • Step 3 - Book in a home visit with an expert to assess if Equity Release is the right move for you.
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