• Open until 8:00pm Today
    • 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

  • UK FREEPHONE 0808 252 9170

Helping with regular bills

Retirement is a time when income traditionally decreases and regular bills can become a financial burden. If monthly payments are holding you back, there could be another option

The rising cost of living


Later life often brings with it a unique set of challenges – lower incomes, rising cost of living, and underperforming pension funds.

The average pensioner now needs nearly £230 a week to live on, almost £60 more than the state pension pays.* Keeping pace with the rising cost of living can be a struggle and lead to people wondering how they could possibly live the retirement they have always wanted while still affording their day-to-day bills.

* YourMoney.com - https://www.yourmoney.com/retirement/pensioners-need-60-a-week-more-to-live-on/

Is equity release right for you?


Equity release could be a way for homeowners aged over 55 to release some of the tax-free cash from their property to spend on a variety of uses. However, it’s not right for everyone.  

At Key Equity Release, our specialist equity release advisers will discuss your needs and ensure you consider your options, and their expert advice is available over the phone, via video appointment or face-to-face, whichever is right for you. 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. 
 
And, if equity release isn’t right for you – we’ll tell you.

Things to consider

Your specialist equity release adviser will explain:

  • It's a Financial Conduct Authority requirement you receive specialist advice from a qualified equity release expert 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
  • 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
  • You should always think carefully before securing a loan against your home
Page last updated: Thursday 11 November 2021