Equity Release in Focus

Equity release lets homeowners aged 55 and over access the value tied up in their property without having to sell it. Whether you’re looking to boost your retirement income or support family members, our free one-page guide explains how it works, the types of plans available, and key things to consider.

Download the Free Guide (PDF)

Executive Summary

This guide provides a concise overview of Equity Release, including the types of plans available, who it’s suitable for, and the risks to be aware of.

What is equity release?

• A way to unlock some of the money tied up in your home

• Available to UK homeowners aged 55 and over

• Commonly used to top up retirement income, help children, or clear debts

• The loan and interest are typically repaid when you die or move into long-term care

Types of equity release:

• Lifetime mortgage: You retain ownership and repay the loan from your estate

• Home reversion: You sell part or all of your home in exchange for a lump sum

Things to consider:

• It reduces the value of your estate

• It may affect your entitlement to means-tested benefits

• Early repayment charges may apply

• Independent financial advice is essential

This guide is perfect for homeowners considering equity release as part of their later-life financial planning.