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Equity Release &
Later Life Mortgages
Retirement Interest
Only Mortgages
Repayment Mortgages
beyond age 65
Interest Only Mortgages
beyond age 65
Inheritance Tax

Equity Release Calculator

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.

Simple, straight-forward Equity Release advice is just a phone call away!

At Equity Release Marketplace we provide independent and personal Equity Release and later life lending advice, without the fuss. We’ll quickly explain your mortgage options and email you a personalised mortgage illustration with our recommendations.

You will have a dedicated Equity Release Specialist at your side throughout the process. No robots, no web chats, just expert people and great communication. Whatever your goals, we’ll get you there.

Want to know more about Equity Release? Check out our Advice page or Frequently Asked Questions.
When you’re ready, speak to an advisor.

Equity Release and Later Life Mortgages

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.

Repay your mortgage?

You can use an equity release mortgage to repay a repayment or interest only mortgage.

Consolidate debts?

You can pay off expensive credits and other unsecured debts on to an equity release mortgage.

Inheritance Tax Planning?

An equity release or later life mortgage can form part of an effective inheritance strategy.

Purchase a new car?

A car purchase in retirement can put a strain on your disposable income. Equity Release could provide the answer.

Buy another property?

Looking to move? Equity release could fund the additional costs for a more valuable home.

Cruise, Holidays, Travel?

You can set your equity release plan up to allow you drawn down sums as and when you need them.

Home Improvements?

If you want to make alterations to make your home work for you, equity release could provide the answer.

Help your children?

Releasing equity from your home could springboard your children on to the property ladder.

Stress Free Retirement?

Equity Release can provide you with capital sums as and when you need them and a monthly income.

Okay, let’s do the sums

Prefer we do the calculations? Just call us on 0800 170 7472

Equity Release Calculator
Equity Release Calculator

Retirement Interest Only Calculator
Stamp Duty
Stamp Duty

Why use Equity Release Marketplace?

What do our customers say?

Frequently Asked Questions

How does it work? What does an Equity Release Specialist do?
Initially, our Specialists will provide you with research based on your current requirements and situation. This is without obligation on your part – that’s just how we do it.

If you find what we have sent of interest and wish to go forward, we will make a thorough assessment of your needs and recommend an appropriate lender and mortgage product for you. We will then approach that lender on your behalf, to gain a decision in principle and an indication of their willingness to lend.

We then manage your application through to completion, keeping you in the loop throughout.
Are you whole of market? Independent? What does this mean?
We are a completely independent and whole of market Mortgage and Equity Release Brokers.

This means that we are not tied to any lender or third party, and we have access to the whole mortgage marketplace, allowing us to ensure we get you the right deal.
What are your qualifications?

All Equity Release Marketplace advisers hold a Certificate in Regulated Equity Release (CeRER) enabling them to advise on the specialist area of Equity Release. All our Mortgage Advisers also hold a Certificate in Mortgage Advice and Practice (CeMAP).

How much will it cost?
We believe in being competitive and transparent on fees.

A fee of £395 is payable on application submission to the lender and a further £995 payable on completion.

We will also be paid commission from the company that lends you money. This is how most Equity Release Specialists operate.

You will receive a key facts illustration when considering a particular Equity Release product, which will tell you about any fees relating to it.
What are the risks of Equity Release?

Our experts will advise you on the risks and benefits, but below is a summary.

  • Equity Release reduces the value of your estate and the amount that will go to the people named as beneficiaries in your will. Your estate is everything you own, including money, property, possessions and investments.
  • With a home reversion plan, the reversion company owns all or a part-share of your home.
  • Getting a lump sum or taking extra cash to supplement your income may reduce your entitlement to means-tested benefits, now or in the future.
  • If you get care at home funded fully or partially by the local council, they may start charging you or ask you to pay more.
Who can get Equity Release?

There are certain conditions you must meet before being able to take out Equity Release:

  • For a lifetime mortgage you (or both of you, if you’re borrowing jointly) need to be at least 55 years old.
  • You must own property in the UK, which must be your main residence. If you have a buy-to-let property you can release equity with a buy-to-let mortgage even if you have retired.
  • Your property must be in reasonable condition and over a certain value, and there may also be restrictions on the type of property accepted.
  • If you have a mortgage or secured loan on your property you may still qualify for Equity Release, but it will depend on the value of your home and the amount outstanding on the existing mortgage or loan. You'll have to pay off any outstanding mortgages or loans secured against your home at the same time as taking Equity Release.
  • Equity Release may not be suitable if you have dependants living with you. Any dependants should take separate legal advice. If they wish to remain living with you in the property, they may need to sign a waiver confirming that they understand they don’t have the right to reside there if you die or move into permanent residential care.

Speak to an expert

Speak to an equity release expert

Contact us on 0800 170 7472 or make an enquiry

The Equity Release Marketplace