Equity Release Mortgages

Equity Release is a phrase covering several different types of mortgage that help you borrow back some of the cash value of your home, in return for a share of the proceeds when you die.

We have set up an impartial Equity Release enquiry service, using FSA-regulated advisers.  You can enquire for yourself, or on behalf of your parents, as long as:

• you (or the youngest homeowner) are over 55
• there is little or no outstanding mortgage
• the property is in reasonable condition

Use the calculator on the right to find out how much equity release could be available to you, and get a free call back with no-obligation advice.

Key points on equity release mortgages:

1. You don’t have to move house or sell your home to unlock its equity
2. They can be a way of cutting inheritance tax
3. They can be used to pay for care bills without having to sell up

Types of equity release scheme:

• Home reversion schemes
• Interest-Only Mortgages
• Home Income Plans
• Lifetime Mortgages
• Shared Appreciation Mortgages

(or you can read the full guide here.)