The UK’s number one equity release comparison site

Use our calculator to discover how much tax free money you could release from your property

We compare Equity Release products from the UK’s best providers

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Equity Release Calculator

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We compare Equity Release products from the UK’s best providers

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Maintain 100% home ownership

Unlock a tax-free lump sum

Continue to live in your own home

No monthly repayments

Frequently asked questions

  • What is an Equity Release?

    Equity release is a way of releasing the wealth tied up in your property without having to sell it and move to another home. It is designed to help homeowners aged 55 years or over who either own their property outright, or have relatively small mortgages left to pay.

    Different Types of Equity Release Schemes

    Lifetime Mortgage

    A lifetime mortgage allows you to release a lump sum of cash or extra income from the value of your property. There are no regular repayments to make as the amount is repaid from the money made when the property is sold. Generally this is when you pass away, move into long-term care or permanently leave the property.

    Drawdown lifetime mortgage

    This is similar to the standard lifetime mortgage. However, with the drawdown lifetime mortgage, you can access your money with more flexibility. Rather than just receiving a one-off lump sum, you have the option to release your cash over time, as and when you need it. Because you only pay interest on the cash that you have taken, these plans can often prove to be more cost-effective and at the same time provide peace of mind that there are funds for future needs should they arise.

    Interest-only lifetime mortgage

    This is similar to a standard lifetime mortgage, however, you can choose to make repayments in full or as and when you like to reduce the overall cost and impact on the value of your estate.

    Some plans allow you to make repayments that are equal to or less than the amount of interest that is charged. The balance is paid off from the value of your estate once you have died or have moved into long-term care.

  • What Can Equity Release By Used For?

    To supplement your pension income and cover living expenses

    To maintain your standard of living

    To carry out some home improvements

    Help family members, such as children or grandchildren get on the property ladder

    To settle a repayment mortgage or clear the balance on an interest-only mortgage

    Consolidating loans and credit cards

    To take that holiday of a lifetime

  • Is Equiry Release Right For Me?

    Equity release plans are not right for everyone and it is important that you fully consider your options and receive independent financial advice before making a decision. It is also important that, if you do decide to use an equity release product, we need to be sure it’s one that meets your needs.

    Remember that taking an equity release plan is generally a long term option. However, there are flexible plans available that may fit your varying needs and some will allow you to repay in the future without any penalties. A professional adviser can help you to choose the plan that is right for you.