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


0800 531 6027

Can I leave an inheritance?

A common myth surrounding equity release is that you won’t be able to leave an inheritance for loved ones. The reality is that you can ring-fence a portion of your property value with a protected lifetime mortgage.

Inheritance protection

An inheritance protection guarantee allows you to protect a percentage of your home’s future value which can be given to loved ones after you pass away. The proportion that you’ve chosen to protect can then pass to your beneficiaries when the house is finally sold, regardless of how much is outstanding on the loan.
For example, a couple who have £50,000 available to release and wish to ensure that their grandchildren are left with an inheritance could choose to take £30,000 (60% of the amount available) and therefore leave 40% of the property's future value protected.
If you do decide to take out a plan that includes inheritance protection, it’s worth knowing that if you release additional equity at a later date you will reduce the amount of inheritance you can guarantee.
There are a number of lifetime mortgages that offer inheritance protection. If this is something you’d like, talk to your equity release adviser and they will search for your ideal plan.

What is a living inheritance?

If you’d like to see the smile on their faces now, you could consider taking equity release and giving a ‘living inheritance’. This allows you to give to loved ones sooner rather than later, so you can enjoy the experience with them. Many Key customers do this for gifts, to help through college, for driving lessons, or even deposits on first homes.
Get all the facts about equity release by downloading our FREE guide to read straight away. Plus, we'll post one out for you to browse at your leisure.

Equity Release Mythbusters

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Is equity release right for me?

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Want to know more?

Get all the facts about equity release by downloading our FREE guide to read straight away. Plus, we'll post one out for you to browse at your leisure. 
Request free guide
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 we give 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.   You should always listen to advice and give full consideration before securing a loan against your home.