Is it right for me?

Our fully-qualified, specialist equity release advisers take the time to understand your needs, ensuring they find and recommend the right outcome for you. They’ll talk through the options available and explain that taking a plan reduces the value of your estate and may affect any means-tested benefits you’re eligible for.

Your application won’t be considered without specialist equity release advice. We understand that when you’re considering equity release there’s a lot to think about, which is why there's no pressure to proceed and we don’t charge you for our advice.

With a lifetime mortgage, the most popular form of equity release, you’ll still own your home and there are typically no monthly repayments. That’s because it’s a loan secured against your property and repaid when your plan comes to an end. Usually, that’s when you, or the last remaining applicant, either passes away or enters long-term care. You should always think carefully before securing a loan against your home.

All of our equity release plans are approved by the Equity Release Council and come with the no negative equity guarantee. This means you’ll never owe more than the value of your home and any debt you accrue through equity release will never be passed on to your family.

Our expert equity release advisers will also help you to understand how the roll-up or compound interest on a lifetime mortgage adds up. Our products have rates starting from less than 3% MER and plans that could allow you to release up to 55% of the value of your home, depending on your circumstances.

All of the cash you unlock through equity release is tax-free and you can spend it however you wish.

Equity release may affect your tax position.
 

Other options we offer

Aside from lifetime mortgages – the most popular form of equity release – we offer other later-life financial options which may be better suited to you.
 

Standard mortgages

• Available for everyone aged 18 and over, subject to lending criteria
• Get a mortgage of up to 95% of the property’s value
• Can be capital repayment or interest-only depending on your preference and circumstances
• Tell me more about your mortgages

Retirement interest only mortgages (RIOs)

• A conventional mortgage where your monthly repayments are limited to the interest of the mortgage
• You have to be aged 55 or over to be eligible
• Plan is paid back when you, or the last remaining applicant, either passes away or enters long-term care from the sale of your home
• Find out more about RIOs

Annuities

• Guaranteed, regular income which you buy with your pension savings from an insurance company when you retire
• Income is for life, or longer, depending on your preferences
• Can buy an annuity from any provider, not just the one you saved with
• Read more about annuities