Helping family and friends

A living inheritance

Traditionally, we leave the nest egg we’ve carefully built up over the years to our nearest and dearest when we die. However, with more people living longer, it’s becoming increasingly common to help your loved ones sooner rather than later, providing an inheritance while you are around to see them enjoy it.
 
From helping a loved one get onto the property ladder, contributing to university fees or even getting a grandchild onto the road with their first car, we’d all like to be able to help those we care about.

Is equity release right for you?

Equity release is a way for homeowners 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