Are you considering Equity Release?
I’m Janice and I’m here to help you decide if equity release is the right choice for you.
Types of Equity Release
Lifetime Mortgages
A lifetime mortgage is a flexible way for homeowners 55+ to release equity from their home while continuing to live in it. Whether you need a one-off lump sum, a steady stream of income, or a way to manage interest payments, there’s a lifetime mortgage option to suit different financial needs.
Home Reversion
A home reversion plan is a type of equity release that allows homeowners aged 60+ to access the wealth tied up in their property without needing to move. You can sell part or all of your home to a home reversion provider and, in return, receive either a cash lump sum or regular payments.
Enhanced Equity Release
It’s not often that medical conditions or habits like smoking work in your favour financially—but with an enhanced lifetime mortgage, they might.
Being open about your health history could allow you to access more money from your home.
Equity Release rates
Stay informed about the latest equity release interest rates, how lenders calculate them, and how to find the best rate for your circumstances.
Is Equity Release a good idea?
Equity release can be a great financial tool, but it’s not for everyone. There are pros and cons, and whether it’s a good idea depends entirely on your personal situation.
Yes, it reduces the inheritance you’ll leave behind, but it can also wipe out debt, boost your retirement income, or help you enjoy life without money worries.
The key is knowing whether the benefits outweigh the risks for you.
Compound Interest
If you’re exploring equity release, you’ve probably heard of compound interest.
Unlike a standard residential mortgage, where interest is charged only on the original loan amount, equity release interest compounds over time—meaning you pay interest on the loan and the accumulated interest.
Popular Equity Release Guides
Where can I get Equity Release?
There are many places you can get equity release.
We would recommend Key, Standard Life and Equity Release Wise based on our personal experience and also customer reviews.
