Move the age to the younger of you and put in what the house is worth. The percentages come from the July 2026 lender schedule, and the whole table is further down the page.
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.
There is only one sum in it. The lender takes what your home is worth and multiplies it by the maximum loan to value for your age. Nothing else moves the headline figure: not your income, not your credit record, not how long you have owned the house. A lender does run a credit search when an application is made, but it does not change this sum.
Where a couple own the house together, the younger age sets the maximum. Waiting a year raises it, in most years by about one percentage point.
A home worth £250,000 at age 70 gives 43.5%, which is £108,750. A valuer confirms the value before anything completes.
Equity release requires repaying any existing mortgage, so what reaches you is the balance after that is cleared.
Every single year of age, with what it comes to on a home worth £250,000. New plans and existing plans run on slightly different scales from 65 onwards.
| Age | New plans | Existing plans | On £250,000 |
|---|---|---|---|
| 55 | 25% | 25% | £62,500 |
| 56 | 26% | 26% | £65,000 |
| 57 | 27% | 27% | £67,500 |
| 58 | 28% | 28% | £70,000 |
| 59 | 29% | 29% | £72,500 |
| 60 | 32% | 32% | £80,000 |
| 61 | 34% | 34% | £85,000 |
| 62 | 35% | 35% | £87,500 |
| 63 | 36% | 36% | £90,000 |
| 64 | 37% | 37% | £92,500 |
| 65 | 38.5% | 38% | £96,250 |
| 66 | 39.5% | 38.75% | £98,750 |
| 67 | 40% | 39.5% | £100,000 |
| 68 | 41% | 40.5% | £102,500 |
| 69 | 42% | 41.5% | £105,000 |
| 70 | 43.5% | 42.75% | £108,750 |
| 71 | 44.5% | 44% | £111,250 |
| 72 | 45.5% | 45% | £113,750 |
| 73 | 47% | 46% | £117,500 |
| 74 | 48% | 47% | £120,000 |
| 75 | 49% | 48.5% | £122,500 |
| 76 | 50% | 49.5% | £125,000 |
| 77 | 51% | 50.1% | £127,500 |
| 78 | 52% | 51.4% | £130,000 |
| 79 | 53% | 53% | £132,500 |
| 80 or over | 54% | 54% | £135,000 |
The table on this page is the LTV by age schedule, July 2026, supplied to us by the adviser on 4 September 2026. We last checked it on 5 September 2026.
No lender publishes a maximum loan to value by age on its public site. We checked Legal & General's and Pure Retirement's published criteria on 6 September 2026: neither carries one, and both point advisers at their own systems instead. So this figure is not one you can go and verify, and we would rather tell you that than cite something that looks official and leads nowhere.
The amount available will depend on your age, property value and individual needs.
Legal & General publishes its lending criteria in full and they contain no loan to value table. Pure Retirement’s published criteria give minimum property values by product and no figure by age. Both send advisers to their own systems instead.
Your health and your lifestyle, which can raise the maximum rather than lower it. The type of property. Whether you want the money in one go or in stages. Any mortgage still outstanding, which is repaid first out of what is released. And the lender, because they do not agree with each other.
It is not a recommendation. Taking the most a lender will lend is rarely the right answer, because the interest rolls up on all of it for as long as the plan runs. The schedule we were given says the same thing about itself.
An enhanced plan can offer more than the standard maximum if you have certain medical conditions or lifestyle factors. An adviser has to assess it.
Flats, ex-council houses, short leases and anything of non-standard construction are often capped below the figures above, or declined.
The maximum is worked out on the whole value, then your mortgage is repaid from it. The balance is what you actually receive.
The maximum is not a target. A drawdown plan lets you take part now and the rest later, and you pay interest only on what you have taken.
What people ask after they have seen their figure. None of this is advice.
Between 25% and 54% of what your home is worth, depending almost entirely on your age. At 55 the maximum is 25%. It rises with every year: 32% at 60, 38.5% at 65, 43.5% at 70, 49% at 75, and 54% at 80 or over. On a home worth £250,000 that is £62,500 at 55 and £135,000 at 80.
The lender multiplies what your home is worth by the maximum loan to value for the age of the younger applicant. Any mortgage still outstanding is then repaid out of that amount, so what reaches you is the balance. A valuer confirms the property value before anything completes.
No. The figure comes from the age of the younger of you and what the property is worth, and nothing else goes into it. Your income and employment do not affect a lifetime mortgage at all, because there is no affordability test. Your credit record is not part of this calculation either, though a lender does run a credit search when an application is actually made.
Sometimes. An enhanced or ill-health plan can offer a higher amount if you have certain medical conditions or lifestyle factors, because the plan is expected to run for less time. An adviser has to assess this; it is not something you can apply for directly.
No. It is the maximum a lender would consider against your age and property value, before their criteria are applied. The amount available will depend on your age, property value and individual needs, and advice is required before anyone can proceed.
At least 55 for a lifetime mortgage. Where two of you own the property together it is the age of the younger of you that sets the maximum, and the figure rises with every year you wait.
The figure above is a maximum, not an offer. One qualified equity release adviser will check it against the lender’s criteria, go through what the interest would cost you, and tell you if there is a better answer.
Talk it through with an adviserOne 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.
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