A means-tested benefit for some people over State Pension age. A change in savings or capital can affect entitlement, so obtain a current benefits check for the individual situation.
A means-tested benefit for some people over State Pension age. A change in savings or capital can affect entitlement, so obtain a current benefits check for the individual situation.
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 entry follows MoneyHelper. It is a plain-English explanation of how the term is used in the UK, not a quotation, and it does not override a provider’s own wording.
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.
Equity release and means-tested benefits
Find out whether releasing money could cost you more than it gains.
Read the guide called Equity release and means-tested benefits →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.
“Pension Credit, Council Tax Support and Universal Credit are means tested, and money sitting in your bank account counts towards that.”
Equity release, with every figure sourced and dated →““If you have £10,000 or less in savings and investments this will not affect your Pension Credit.”
Equity release and means-tested benefits →“Pension Credit, Attendance Allowance, Council Tax reductions and help with care costs go unclaimed in very large numbers.”
Six things that are not equity release →“Your State Pension is not affected, but Pension Credit and Council Tax Support can be.”
The risks of equity release, with the numbers →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.
A means-tested benefit for some people over State Pension age. A change in savings or capital can affect entitlement, so obtain a current benefits check for the individual situation.
It follows MoneyHelper. It is a plain-English explanation of how the term is used in the UK rather than a quotation, and it does not override a provider's own wording, the conditions of a plan you hold, or advice from your solicitor.
On the guide "Equity release and means-tested benefits", which helps you find out whether releasing money could cost you more than it gains. A glossary entry explains a word. The guide works through what it actually means for a decision, with its sources and the date each was checked.
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.