The money is secured against your home and can be used for any purpose you like. Some reasons people may consider equity release are:
To top up your savings
To supplement pension income
To cover living expenses or pay for home improvements
To take a holiday
To help children out with, for example, a property purchase
To settle a repayment mortgage or pay off an interest only mortgage
To see family enjoy some of their inheritance
To pay off other debts to reduce monthly outgoings
Our site provides information about Equity Release - both Lifetime Mortgages and Home Reversion Plans. If you would like to know more, or would like a free no-obligation assessment tailored to your personal circumstances, please complete the form at the top of the page.
The Equity Release Comparison Service - Free, no-obligation comparison of all UK Equity Release providers, including Aviva, Bridgewater, Hodge Lifetime, Just Retirement, LV, more2life, New Life, Partnership, Stonehaven and more.
People are living longer thanks to advances in medical technology and healthier lifestyles.
This is great news but means that retirement income needs to cover a longer period of time.
Equity release is a way of obtaining some of the value in your home without having to move.
The money is secured against your home and can be used for any purpose you like.
Considering equity release is a big step and a decision should not be made without understanding all the advantages and disadvantages. We can help so whatever you do, you should seek expert help.