You are here: Home - Equity Release
Equity Release
Introduction
If you are a cash-strapped homeowner over 55, an equity release scheme could be ideal for you.
Many older people have a lot of home equity – value tied up in their property – but would like more ready money. Using a lifetime mortgage or reversion scheme could give you a release of equity, as a lump sum or in regular payments, to supplement your income.
It is essential that you seek professional financial and legal advice before signing up for equity release, as it will impact on your estate.
How To
Top tips for downsizing
With more and more homeowners moving to smaller properties later in life, the Na...How to use a lifetime mortgage
Lifetime mortgages can provide money for your retirement without the headache of...How to use a home reversion plan
Home reversion schemes are an alternative method of releasing equity from your p...Case study – Home reversion plans
Gail Shaw, 77, had previously looked into home reversion plans but was unsure ab...Case study – Lifetime mortgages
Mary Harris, 77, and husband Thomas Harris, 84, are retired teachers.How to release equity from your home
Equity release is an important financial tool for older homeowners.Guides
2016: The tipping point for lifetime mortgages?
Andy Humphreys, marketing director at Legal & General Individual Retirement...Guide to borrowing past retirement age
As an older borrower, you may be concerned that a lender will not offer you a mo...Guide to tracker mortgages
This type of product follows the Bank of England Base Rate or the lender's Stand...Guide to equity release
More and more older people are turning to equity release mortgages to enable the...Jargon Buster
When you take out a mortgage you will probably encounter a raft of jargon, some ...Guide to home reversion schemes
Home reversion schemes are an alternative method of releasing equity from your p...News
Equity release mortgage launched for owners of high value homes
Asset-rich, cash poor borrowers can access lifetime mortgage loans from £300,00...Majority of over-55s are in their forever home
Equity release can enable homeowners to remain in their forever home and fund th...Retirement interest-only mortgage choice triples in a year
The mortgages can be used for different reasons, including as an alternative to ...Equity release activity nears pre-Covid levels with 41 per cent rise
The later life lending sector weathered the storm of lockdown and is steadily mo...The cost of adapting your property for care at home: £8K
If you want to stay in your home during your later years, ensure you future-proo...Nearly a third of older homeowners have felt vulnerable making a financial decision
How would you feel if your financial adviser suggested you may be a vulnerable c...Most Read
Sorry. No data so far.
In Depth

Jan 18, 2017
Guide to borrowing past retirement age

Dec 04, 2015
Lending to older borrowers must improve

Oct 08, 2012