English suburban houses in the suburbs of a city, United Kingdom.
Equity Release

We've partnered with Key, the UK's No.1 equity release experts

Book a FREE no-obligation consultation today on: 0808 208 5406

  • Equity release allows you to release tax-free cash from your property. You need to be a homeowner aged 55+
  • The most popular plan is a lifetime mortgage. Like a traditional mortgage, this is a loan secured against your home
  • You can stay in your home for life. When you and your partner pass away or move into long-term care, your home is sold and what you owe is repaid
  • You can spend the cash released as you wish: day-to-day living, home improvements, grandchildren’s education, healthcare…it’s your choice
  • Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits

Calculate how much cash you could release...

Frequently asked questions

What are the equity release options?

There are two main types of equity release plan available which allow you to access the cash tied up in your home in the manner that suits you. A lifetime mortgage and a home reversion.

Will I still own my home?

If you take out a lifetime mortgage you will remain the owner of your home. However, if you take out a home reversion plan, your property will be owned by the home reversion company who you sold your house to in order to release the cash from it. All of these plans, however, allow you to remain in your property until you and your partner pass away or move into long-term care.

Can I still leave an inheritance?

All equity release plans will reduce the amount you leave as an inheritance; however there are plans available which allow you to guarantee an inheritance to your loved ones when the plan comes to an end.

Am I able to end the plan early?

Equity release plans are designed to last for the rest of your life.

If you take out a home reversion plan, you can buy back the reversion company’s share of the property, but you will have to pay the full market value for the percentage of the property that you sold. This will be more than the amount you received when you originally sold your house to the provider

If you have taken out a lifetime mortgage and wish to repay earlier than planned, you will have to pay off the full amount, including the loan and interest accumulated. There may also be an early repayment charges. You should check this before you proceed with any type of plan.

What if I already have a mortgage?

Equity release providers allow you to release cash from your home if you have an outstanding mortgage on your property, however all providers would expect you to use the cash you release to pay off the outstanding mortgage owed first.

Is equity release right for me?

Key's specialist independent advisers are there to help you make an informed decision and will tell you straight away if equity release isn't the right option for you.

Unless you decide to go ahead, Key's service is completely free of charge as Key's usual advice fee of 1.99 per cent of the amount released would only be payable on completion of a plan, subject to a minimum advice fee of £1,499.

Why Choose Key?

Their customers rate them 9.8/10 on Trustpilot (Jan 19). They have won multiple customer service awards in equity release, and they’re the UK’s No.1 independent equity release expert.

For a FREE no-obligation consultation, please call: 0808 208 5406