People arrive at equity release from a situation rather than from an interest in financial products. Everything gathered here is written for somebody who has not decided anything, including whether to decide.
Staying put or moving, paying for care, helping family, and what any of it does to a benefit or to an estate. Equity release is one answer among several and not usually the first to consider.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
People arrive at equity release from a situation, not from an interest in financial products. A mortgage term ending, a house that has become hard to manage, a child who needs a deposit, care that needs paying for.
The product is one possible answer to some of those, and for a lot of people it is the wrong one. Everything gathered here is written to be read by somebody who has not decided anything, including whether to decide.
Sets out every route, including the ones that involve no product at all.
Never ranks the options, because ranking them would be advice.
Shows what each one costs, with the arithmetic and the source.
Says plainly where a free, independent check would be better than anything we can offer.
If you are claiming anything means tested, start there: it is free to check and for some people it settles the question entirely. If a mortgage term is ending, start there instead.
Doing nothing for another year is a real option and it is rarely presented as one. Waiting also means being a year older, which raises the maximum you could release, so the pressure that people feel about this is largely imaginary.
If anybody involved in this is behaving as though there is a deadline, that is worth noticing. We publish no countdowns, no limited offers and no reasons to act today, because there are not any.
Advice is required to proceed with equity release and there may be other options which better suit your circumstances. Only if your case completes would an advice fee be payable, and the adviser will tell you what theirs is before you commit to anything. Other lender and solicitor fees may apply.
Short answers to the things that come up most. None of it is advice, and every figure on this page carries its source.
It gathers the pages that are about a decision rather than a product, so the question can be read in context instead of as a choice between things to buy.
No. Every page here sets out what something costs, what it changes and what the alternatives are. Deciding is yours, and where the honest answer depends on circumstances this site cannot see, the pages say so.
The risks page, if you are weighing equity release at all. It gathers the whole downside with the arithmetic attached, and it is written so that somebody can read it and decide against the product.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
One qualified equity release adviser. They will go through your figures and tell you if there is a better answer. It costs nothing and commits you to nothing.
Google Analytics, Microsoft Clarity and Vimeo. Say no and none of them loads. What each one stores, and what Microsoft use theirs for.