Closed until Thursday, Schedule a callback

Free guide to equity release

  • Download your free guide
  • Learn more about how equity release works
  • We'll explain the benefits, risks and costs of equity release

What's inside?

Our equity release guide gives you everything you need to know when thinking about equity release. We’ll show how Key's award-winning service can help guide you through the equity release process so you’ll know exactly what to expect if you decide to go ahead. Most importantly, you’ll soon see if equity release is actually the right choice for you by:

  • Learning more about how equity release works 

  • Getting all the facts about unlocking tax-free cash from your home

  • Understanding the different types of equity release plan

  • Seeing how lifetime mortgages work

  • Reading how you can tailor your plan based on what's important to you

  • Finding out more about the Equity Release Council safeguards

  • Seeing how customers used their money

Additionally, you'll understand how equity release will reduce the value of your estate, and may affect any means-tested benefits you’re entitled to. Key offer lifetime mortgages only, which is a loan secured against your home.

Equity release benefits

Your specialist equity release adviser will explain:

  • You can unlock cash from your home, tax-free, to help meet your needs in later life
  • You’ll always retain full ownership of your home and can stay in it for as long as you wish with a Key lifetime mortgage
  • You can choose to make reduced or no monthly repayments to suit your circumstances
  • You’ll never owe more than your home’s worth with a Key lifetime mortgage
  • You may be able to remortgage your plan in the future to release further funds or secure a better interest rate, although this isn’t guaranteed and may be subject to early repayment charges


Your equity release adviser will also outline the following important things to think about:

  • A lifetime mortgage is a loan secured against your home and subject to compound interest, meaning the amount you owe can grow quickly
  • Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits
  • Equity release may leave you with limited or no property equity remaining
  • Equity release will reduce your financial options in the future
  • A lifetime mortgage is a long-term financial product and is not designed to be fully repaid until the death or entry into long-term care of the last remaining borrower, otherwise early repayment charges may apply

Your other options

Here are some alternatives that may be more suitable for you:

Equity release costs

Here are some guides to help you understand equity release costs:

ⓘ If another product is more suitable, we'll refer you to a different adviser within Key Group who can help. If you go ahead, you'll only be charged the same £1,299 advice fee you'd pay with us, even if their fee is usually higher.

We’re there every step of the way, when you’re ready

Whether it’s for home improvements, helping a loved one or getting on top of your existing debts, we’re here when you’re ready to get started on your journey to help finance a better retirement. You should always think carefully before securing a loan on your home.

If you are considering equity release, we recommend you read carefully through 
is it right for you

Download guide instantly

Things to consider

  • All our equity release advice relates to Key lifetime mortgages only - a loan secured against your home
  • You should always think carefully before securing a loan against your home to repay existing debt
  • The loan, plus compound interest, is typically repaid through the sale of the property when the last remaining applicant passes away or moves into long-term care
  • Our fixed advice fee of £1,299 is only payable on completion
Page last updated: Wednesday 26 June 2024