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See How Much
Tax-Free Cash
You Could Release

Get a free, no-obligation consultation from independent specialists. We compare plans from the UK's leading lenders to find the most suitable option for you.

Tax-free
lump sum
100% home
ownership
Live in your
own home

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Compare Plans From Leading UK Lenders

Our lending partners: Pure Retirement, Aviva, L&G, Standard Life, more2life, Royal London, LV=, Canada Life, LiveMore, Just.

We research the entire market to match you with the most suitable plan for your needs.

How Does the Process Work?

Three simple steps to make an enquiry.

1

Share a Few Details

Complete our short form with basic information about your property and circumstances. Takes less than 2 minutes.

2

Speak With Our Team

We'll call to confirm your details and check if you qualify for equity release. If suitable, we'll arrange a free consultation.

3

Meet With an Adviser

A qualified adviser will explain your options, answer your questions, and help you decide if equity release is right for you.

Get Started

Free, no-obligation consultation. Only proceed if it's right for you.

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What Is Equity Release?

Equity release allows homeowners aged 55 and over to access some of the value tied up in their home as tax-free cash.

The most common type is a Lifetime Mortgage. This allows you to borrow money against your home while continuing to live in it. There are usually no required monthly repayments, although you can choose to make payments if the plan allows. The loan, together with any interest added, is usually repaid when the last remaining homeowner dies or moves into long-term care.

With a Lifetime Mortgage, you keep full ownership of your home. Plans approved by the Equity Release Council include a No Negative Equity Guarantee, which means your estate will never owe more than the value of your home when it is sold.

However, equity release is not suitable for everyone. It will reduce the value of your estate and the amount you can leave to your beneficiaries. It may also affect your entitlement to means-tested state benefits, and there may be early repayment charges if you choose to repay the loan early.

It is important to consider your options carefully and seek advice from a qualified adviser before proceeding.

Homeowners aged 55+
No monthly repayments
Stay in your home for life
Protected by Guarantee

Important Things to Consider

Equity release is a long-term financial commitment and may not be suitable for everyone. It is important to understand both the benefits and the risks before proceeding.

Professional Advice

You are required to take advice from a qualified equity release adviser before taking out a plan. This helps ensure the product is suitable for your circumstances and that alternative options have been considered. Your initial consultation with us is free and without obligation.

Impact on Inheritance

Releasing equity will reduce the value of your estate and the amount you can leave to beneficiaries. Some plans allow you to ring-fence a portion of your property value for inheritance, but this will reduce the amount you can borrow.

Existing Mortgage

Any existing mortgage or secured loan on your property must usually be repaid when you take out equity release. This will reduce the amount of cash you receive.

Interest and Costs

Interest is added to the loan and compounds over time, which can increase the total amount owed quickly. There may also be arrangement fees, advice fees, and early repayment charges, depending on the plan.

Effect on Benefits and Tax

Releasing equity may affect your entitlement to means-tested state benefits. While the money released is usually tax-free, any income or savings generated from it could be subject to tax.

Am I Eligible for Equity Release?

Check the basic criteria below

Age

The minimum age for equity release is 55. This applies to the youngest homeowner on the property.

Property Value

Your property must be valued at a minimum of £70,000 for standard plans.

Minimum Release

The minimum amount you can release is typically £10,000.

Check If You Qualify

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Frequently Asked Questions

How much equity could I release?

The amount you can release depends on your age, the value of your property, your health, and the lender's criteria. Generally, the older you are, the more you may be able to borrow.

It's important to remember that releasing more now will reduce the amount of equity remaining in your home later. Your adviser will help you consider how much you actually need and whether releasing a smaller amount, or using alternatives, may be more suitable.

Do I still own my home?

Yes, with a Lifetime Mortgage you retain full ownership of your home.

However, the lender will place a legal charge on your property, and you must continue to maintain it and meet the terms of the plan. Failing to meet these conditions could affect the agreement.

How is equity release repaid?

The loan, plus any interest built up, is usually repaid when the last remaining homeowner dies or moves into long-term care. The property is then sold to repay the loan.

Because interest is typically added over time, the total amount owed can grow quickly. Some plans allow voluntary repayments to help manage this, but early repayment charges may apply depending on the product.

What if equity release isn't right for me?

Equity release is not suitable for everyone. It may reduce your inheritance, affect your entitlement to means-tested benefits, and limit future financial options.

A qualified adviser will discuss your circumstances and consider alternatives, such as downsizing, using savings, or other borrowing options, before making a recommendation.

Will equity release affect my benefits or tax?

Releasing equity may affect your entitlement to means-tested state benefits, depending on how the money is used or held.

While the cash released is usually tax-free, any income or interest generated from it could be subject to tax. Your adviser can explain how this may apply to your situation.

Why Choose Retirement Solutions?

Whole-of-Market Advice

We're not tied to any single lender. Our advisers search the entire market.

ERC Council Members

We only recommend products that meet strict ERC standards.

Face-to-Face

Meet with a qualified adviser in your own home or via video call.

Transparent Fees

Free consultation until completion. Our fee of £1,899 is only payable when your case completes.

Ready to Find Out How Much You Could Release?

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