The formal request for a provider to consider a plan. It can involve advice, identity and property checks, valuation, legal work and underwriting. Starting an application does not mean an offer will follow.
The formal request for a provider to consider a plan. It can involve advice, identity and property checks, valuation, legal work and underwriting. Starting an application does not mean an offer will follow.
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.
This is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that needs one. It does not override a provider’s offer, your mortgage conditions, a solicitor’s advice or a regulator’s rules.
Checked 7 September 2026. The whole vocabulary sits on one page, so you can look up two words in the same sentence without going anywhere: see this entry in the full glossary.
This page explains a word. It does not tell you what to do about it, and nothing here is advice about your circumstances. The guides work through the decisions themselves, and an adviser is the person who can answer a question about you.
Every guide on the site →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.
These guides use the term. Each line is quoted from the page it links to.
“A lender does run a credit search when an application is made, but it does not change this sum.”
Equity release calculator: how much could you release? →““Up to four CCJ's per application will be accepted.”
Equity release eligibility: age, property and criteria →“Legal & General publish, under a heading called Credit check, that credit and voters roll searches will be carried out on all applicants for both of their lifetime mortgage products, and that up to four CCJs per application will be accepted.”
How we check our figures, and what we got wrong →“One lender publishes that credit and voters roll searches will be carried out on all applicants, and that up to four CCJs per application will be accepted.”
What equity release is, in plain English →“A birthday between enquiry and application changes the number.”
Why a calculator figure can change →“It is a JavaScript application and does not return a readable page to an automated check, so we have described how to use it rather than quoting from it.”
How to check the person you are talking to →Each of these either appears in the definition above, or names this term in its own.
Short answers to the things that come up most. None of it is advice, and every figure on this page carries its source.
The formal request for a provider to consider a plan. It can involve advice, identity and property checks, valuation, legal work and underwriting. Starting an application does not mean an offer will follow.
It is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that would need one, and it does not override a provider's offer, the conditions of a plan you hold, or advice from your solicitor.
No. There is nothing on this page to fill in and nothing is collected by reading it. Looking up what a word means is not a decision, and we are not able to advise you about your own circumstances in any case.
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.