Opening Hours

Open at 9:00am today

Opening Hours

  • Monday - Thursday

    9:00am - 8:00pm

  • Friday

    9:00am - 5:30pm

  • Saturday

    9:00am - 5:00pm

  • Sunday

    Closed All Day

Our Address

Key, Baines House,

4 Midgery Court, Fulwood,

Preston, PR2 9ZH


0808 252 9170

How equity release works

Good advice is Key

How does equity release work? Is it complicated? How much does it cost? Is it safe? Our advisers will help you explore your options with no pressure or obligation - just good, honest, whole of market advice.


Types of plan

There are several different types of equity release available – an adviser can help you discover which would be most suitable for your circumstances.

Lump sum lifetime mortgage

A loan secured against your home, giving you access to a one-off pot of cash and you’ll still own your own home.

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Drawdown lifetime mortgage

After taking an initial lump sum, you’ll also have the option of drawing down additional cash in stages, if required. You’ll only pay interest on the money you release.

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Home reversion plan

Unlike a lifetime mortgage, this involves selling all or part of your home to the reversion company for a tax-free cash lump sum. You will still have the right to stay in your home for life.

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Is it safe?

Yes. Equity release is protected by the industry regulators, the Financial Conduct Authority. Many modern providers are members of the Equity Release Council and abide by their Statement of principles. These offer a number of guarantees including the promise that you'll never owe more than the value of your home

Our qualified equity release advisers give you peace of mind, by finding the plan that's right for you. Some individual providers will also offer features that help tailor the plan to your needs, this can include the ability to guarantee an inheritance, and options for making voluntary partial payments.

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Features & Protection

Your adviser can help you to find a plan with features that make it right for you. This might include

  • Guaranteeing an inheritance
  • Drawing additional money in the future
  • Releasing more money with an enhanced plan
  • Protecting yourself against Early Repayment Charges in certain circumstances


Every Equity Release Council approved plan offers the following protections

  • A no negative equity guarantee
  • The right to stay in your home for life
  • The right to move home if you wish to (subject to criteria)
Arrange advice today

Arrange advice today

Speak to one of our expert advisers over the phone or face-to-face, so they can get to know your needs. As we’re independent, our focus is you, meaning you’ll receive impartial advice to help you decide in your own time.

Things to consider

Our independent, specialist advisers search the whole market to find the right equity release plan for you. They’ll explain all the options available and that taking a plan reduces the value of your estate and may affect any means-tested benefits you’re eligible for.

You have to get specialist advice before releasing equity; it’s the only way to do it. The initial consultation is free with no obligation to proceed. If you decide to go ahead with an equity release plan our advice fee, usually 1.99% of the amount released, subject to a minimum of £1,499, is payable only on completion.

With a lifetime mortgage, the most popular form of equity release, you’ll still own your home. As with any kind of mortgage, it’s a loan secured against your home. All equity release plans we recommend have a no negative equity guarantee, which means you’ll never owe more than the value of your home.

Lifetime mortgages typically have no monthly repayments, as the loan plus roll up interest, is repaid when the plan comes to an end.

If you are considering equity release we recommend that you read through is equity release right for you?

More about equity release

Why equity release?

Could a tax free cash lump sum that you can spend how you wish help you get the things you want out of life?

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Is it right for me?

Find out all of the necessary facts and information to see if it's right for you.

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Your journey

Find out how to apply for an Equity Release plan and what to expect

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Already have a plan?

Need more money or want your current plan reviewed, check out your options

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