Equity Release

Lifetime mortgages carry risks, and are not right for everyone as they may affect entitlement to state benefits. It’s important to obtain equity release advice in this complex area of financial planning. Where we can, we involve other family members to ensure that there are no other suitable solutions as this type of facility is often a last resort.

A Lifetime Mortgage is a mortgage which allows you to borrow money secured against your home, or sell part or all of your home, to release the equity (cash) tied up in it – without having to move and without having to pay a monthly payment to the lender. The interest charged is added to your initial mortgage account and you are free to use the money as you choose. Often, customers seeking our help from equity release advisers want to choose this route as they don’t want to move out of their home, and use the cash released for many reasons such as home improvements, subsidising pension income and paying off debts.

There are generally three types of lifetime mortgage available:

Interest only lifetime mortgages

Let you borrow against the value of your home whilst retaining ownership. Interest can be paid monthly and the original borrowing is repaid when your home is sold.

Roll-up lifetime mortgages

Let you borrow against the value of your home whilst retaining ownership. Interest is added to the mortgage and repaid when your home is sold.

Flexible lifetime mortgages

Let you borrow against the value of your home whilst retaining ownership. Flexible lifetime mortgages will allow you to release some of the full loan amount now and then come back later to apply to borrow more, up to the full loan amount. You only pay interest on what you actually borrow.

Equity release is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration from our equity release advisers.


If you would like further equity release advice or information about equity release, please call us to speak to one of our equity release advisers in Reading, Berkshire on 0118 916 5480 or complete an enquiry form.

“Macbeth has helped us through the complexities of the mortgage market over the years culminating in guiding us to the best overall Equity Release scheme. We can now enjoy our lovely home for the rest of our lives and can relax in the knowledge that we have the best arrangement in place from the extensive research they carried out.””

Mark Alexander, Surrey






Macbeth Financial Services Ltd is an Appointed Representative of 2plan wealth management Ltd. 2plan wealth management Ltd is authorised and regulated by the Financial Conduct Authority. It is entered on the Financial Services Register (www.fca.org.uk) under reference 461598  |  Registered in England & Wales No. 8542176  |  Registered Office: 4 Commerce Park, Brunel Road, Theale, Reading, Berkshire, RG7 4AB

Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk