Could equity release give you the freedom for you to do what matters most?
Here at Key
Equity Release, we're dedicated to helping you enjoy a fulfilling, worry-free retirement by finding and recommending the right plan to meet your individual needs.
After years of working hard to make monthly repayments, your home might be your biggest asset, especially with the increase in average UK house prices over the last 20 years. Downsizing is an option to free up cash; however, this could mean the emotional wrench of leaving your family home and neighbourhood.
Meanwhile, people are living longer and many are struggling to make ends meet on their retirement income, let alone having anything left over for life’s little luxuries once the bills are paid.
An equity release
plan allows homeowners aged 55 and over to access some of the tax-free cash tied up in the value of their home. Key have helped more than 1 million people decide if equity release is right for them or not, giving us a unique understanding of the questions and concerns you may have about equity release.
If you’re considering releasing money from your home, then you probably already have a good idea of how you’d like to spend it. It could be for a trip of a lifetime or home improvements, to clear debts or support loved ones - and this could influence the type of plan that suits your needs.
If you want the money all at once, then you could opt for a lump sum lifetime mortgage
. If you want to take out an initial amount then release further funds as and when you need to, you might choose a drawdown lifetime mortgage
. Whichever way you choose, with our product range, guided by Key’s 20 years’ experience, you can be confident we’ll find the plan that suits you.