Use our calculator to see how much equity you could release from your home with a lifetime mortgage.
The amount shown is only an indication. We will provide you with a personalised illustration and confirm what each equity release lender will allow you to borrow.
It’s important to understand the features, costs and risks of a lifetime mortgage. It will reduce the amount of inheritance you can leave, and may affect your tax position and access to welfare benefits.
It is recommended that you arrange your equity release or later life mortgage through an Independent Equity Release Specialist. Only this type of adviser can guide you through all aspects of equity release and the available features. All equity release lenders will require you to take advice from a regulated professional to make sure you get the right plan for your circumstances.
You can use an equity release mortgage to repay a repayment or interest only mortgage.
You can pay off expensive credits and other unsecured debts on to an equity release mortgage.
An equity release or later life mortgage can form part of an effective inheritance strategy.
A car purchase in retirement can put a strain on your disposable income. Equity Release could provide the answer.
Looking to move? Equity release could fund the additional costs for a more valuable home.
You can set your equity release plan up to allow you drawn down sums as and when you need them.
If you want to make alterations to make your home work for you, equity release could provide the answer.
Releasing equity from your home could springboard your children on to the property ladder.
Equity Release can provide you with capital sums as and when you need them and a monthly income.