Opening Hours

Open until 8:00pm 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


0808 252 9170

Freedom from monthly mortgage payments

According to Key's half year 2018 Equity Release Market Monitor report, 22% of customers have used equity release to clear an outstanding mortgage.

Equity release provides homeowners with the means to unlock some of the equity tied up in their home as taxfree cash to use as they like. The cash released must be used to repay any secured debt first.

See how much cash you could release today with a free online calculation.

Arrange advice today

Speak to one of our expert advisers over the phone or face-to-face, so they can get to know your needs. As we’re independent, our focus is you, meaning you’ll receive impartial advice to help you decide in your own time.

Mrs Boughton

"I was very concerned! At my age there aren’t that many financial options out there."

Mrs Boughton, 73 from Brighton and Hove, had lived in her property for 27 years when she was informed by the bank that her interest only mortgage was due to come to the end of its term. She had a shortfall with no means to pay it off.

Downsizing to a smaller property was something Mrs Boughton wanted to avoid, she loved her house and if anything she wanted to improve it.

After her initial contact with Key, Mrs Boughton booked an appointment with her local equity release adviser.

“My adviser Steve was so helpful. He worked his visits around mine and my son’s schedules and explained everything to us in full, even the advantages and disadvantages of equity release. He found the product that met my needs and encouraged me to think about it."

Mrs Boughton went ahead with equity release and has now paid off her interest only mortgage.

“The whole process was simple. There was so much help along the way."

Things to consider

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 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.

If you are considering equity release we recommend that you read through is equity release right for you?