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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

What is a living inheritance?
It’s often thought that you can’t leave an inheritance before you’ve passed away. But you could. With a living inheritance, you can make a difference to those important to you now, rather than later. But why might you want to? 

For the people you love

Perhaps your beneficiaries are entering a new stage of their lives. They could be buying their first home, having children of their own or simply need a new car. They could be struggling with debt, or just need a well-deserved break. 
Instead of watching them struggle, you could make a difference now. 
With equity release, you can take some of the tax-free cash that’s currently tied up in your home. The money is then yours to spend as you wish. That includes passing it on as a living inheritance. 
But what do you get from it?

For you 

Most people leave an inheritance for one simple reason, to help those they leave behind. 
But you miss the best part of it; seeing your gift make a difference.

Making a difference

Instead of missing out on your loved ones enjoying your generosity, with a living inheritance you get to share these precious moments with them. 
It might be seeing your children thrive in their dream homes, freeing family members of financial burdens or treating loved ones to the holiday of a lifetime.

In short, you could change their lives. 
And you wouldn’t be alone either. More than a quarter of our customers choose to gift some or all of their release to family and friends1.
They’re making a difference, and it’s all through the power of the tax-free cash tied up in their homes.

Where does Key come in? 

We know that the decision to release equity is an important one. That’s why, before you go ahead, you need to take advice. It’s a regulatory requirement. 
This is where we come in. During your first, free, no-obligation appointment, your fully qualified equity release Key adviser will talk you through the process as well as look at your other options. 
During the conversation, if your adviser believes equity release isn’t right for you, they’ll tell you. We’re not tied to any lenders and are 100% independent. So we only look at what’s best for you, nothing else.
Our independence also means that, should you decide to go ahead, we will search the whole market to find the equity release plan most suitable for you. Then, if you’re happy to go ahead, you can start to change your life and the lives of those around you.

What will it mean for my estate? 

 As with any significant financial decision, it’s good to consider what it means for your estate after you’ve passed away. 
Read our article on Inheritance Tax here  

What should you think about before taking equity release?

Our independent, specialist equity release advisers compare the whole market to find the most suitable equity release plan for you. They’ll discuss all the options available and explain that taking an equity release plan reduces the value of your estate and may affect any means-tested benefits you’re eligible for.
With a lifetime mortgage, the most popular form of equity release, you’ll still own your home. It’s a loan secured against your home and is repaid when you, or the last surviving applicant, pass away or move into long-term care. 
Equity release plans we recommend have a no negative equity guarantee. That means you’ll never owe more than the value of your home.
Key’s 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 and subject to a minimum of £1,499) is payable only on completion.

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