What Key Equity Release Do

Your personal equity release service

If you’re a homeowner aged 55 and over, we can help you release some of the tax-free cash tied up in your home. We take the time to understand you and your needs before finding and recommending the plan that suits your needs.
 
Before you take out equity release, you must first seek specialist advice. It’s a regulatory requirement. That’s where we come in.
 
From answering any questions you may have, to giving you tailored advice and recommending a plan, through to your money being released, we’re with you every step of the way. 

Our primary role is to make sure you're making the right decision. We’ll take the time to understand your unique situation and provide a recommendation based on what’s most suitable for you.
 
During your first, no-obligation appointment with us, one of our local expert equity release advisers will talk you through your options. They’ll explain the ins and outs of equity release and answer any questions you may have.
 
After speaking with you, if we don’t think equity release is right for you, we’ll tell you. But if both you and your adviser agree that it is, following your first appointment, we’ll search the entire product range we have created, guided by Key’s 20 years’ experience and unique insight from helping more than 1 million people decide if equity release is right for them, to find the right plan for you.
 
During your second appointment, your expert adviser will talk you through the recommended plan. It will include the amount you could release, the plan’s features and benefits, interest rates and its terms and conditions. They’ll also answer any questions you might have.

All of our plans meet the Equity Release Council standards, meaning they come with a number of assurances. One of which is the no negative equity guarantee. That means, if you take out equity release with us, you can never owe more than the value of your home, so any debt accrued through your plan can’t be passed on to your loved ones.

For added peace of mind, with some of our products, you can choose to guarantee an inheritance for your loved ones through inheritance protection. As well, you can also personalise your plan to include downsizing protection, meaning you can move home in the future if you need to and repay your loan without incurring an early repayment charge, subject to criteria.

Annual interest rates from as low as 3.76% fixed for life with us. Most Key Equity Release customers have received a fixed annual interest rate of 3.70% or lower. The overall cost for comparison is 3.89% APR.*
*Lowest available rate correct as of 4 May 2022. All other stated rates correct as of 4 May 2022. Interest rate received and plan features are subject to eligibility. Ask for a personal illustration.
 
After speaking to us, if you’re then happy to go ahead, your Key Equity Release adviser will submit the paperwork on your behalf. From that point, you’ll have a dedicated case handler to support you throughout your equity release journey. They’ll manage the paperwork, answer any questions you have and oversee your application right through to completion.

We always recommend inviting your family and friends to your appointments. It gives them the chance to understand equity release and ask any questions they may have, as well as give you the confidence you're making the right decision. Of course, if you’d rather not include anyone else, we’ll always respect your decision.

Why choose Key Equity Release?

• We provide advice and a recommendation on the plan that's right for you
• Key have helped more than 1 million people decide if equity release is right for them
• Key have won more than 60 industry awards – check out our awards
• Our customers love us – check out our five-star Trustpilot rating from more than 16,000 reviews

Things to consider

Your specialist equity release adviser will explain:

• You have to get advice before releasing tax-free cash from your home. Please read all our information and make sure it's right for you
• Key Equity Release offer lifetime mortgages only, which is a loan secured against your home. It will reduce the value of your estate and may affect your entitlement to means-tested benefits
• All of our plans meet the Equity Release Council standards and come with several protections, including the no negative equity guarantee, which means you’ll never owe more than your home’s value
• You should always think carefully before securing a loan against your home
• All our equity release advice relates to our range of Key branded products only, and our fixed advice fee of £599 is only payable on completion. So, you can find out if it's right for you without it costing you a penny.