Unlock cash tied up in your home with equity release

Find out how to access tax-free cash from your home without having to move

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Meet your financial needs through equity release

If you’re aged 55+ and your income or savings aren’t enough, you’re not alone. Thousands of people just like you need a one-off lump sum or a boost to their income, despite working hard all their life.

The good news is that equity release might be the answer. It’s a way to access some of the wealth tied up in your home, without having to sell or move.

On average, 70,000 people in the UK each year use equity release as a way to meet a wide range of financial goals. What could you do by releasing tax-free cash from your home?

Ten popular uses for tax-free cash via equity release

Get mortgage-free

Pay off loans

Clear debt

Home improvements

Second home

New car

Help loved ones

Holidays

Invest in buy-to-let

Boost monthly income

Check your eligibility

Call us on 0808 178 3055 and we’ll arrange a free, no-obligation appointment and equity release advice* from a specialist who will confirm whether you are eligible. If you’re unable to talk now, request a call back and we’ll call when it’s convenient for you.

Check my eligibility

How does it work?

Equity release is a way to access your property wealth without having to move or make monthly loan repayments.

With a lifetime mortgage – the most popular type of equity release – the loan isn’t paid back until your house is sold when you pass away or move into long-term care. Read our equity release guide for more information.

Read our guide: How does equity release work?

Am I eligible?

You could be eligible for equity release if you’re aged 55 or over, own a UK property worth £70,000 or more, and have paid off all or most of the mortgage.

These are typical criteria though, and things change for certain property types, so please see our guide to equity release eligibility for more information.

Read our guide: Am I eligible for equity release?

How much can I release?

The minimum release amount is normally £10,000.

The maximum depends on several factors, including the property’s value and your age – the older you are, the more you can release. We look at all these factors in our guide to equity release values.

Read our guide: How much equity can I release?

Would you like to talk to equity release experts?

You can get professional advice on your options through Equity Release Wise: call us on 0808 178 3055 or request a call back and we’ll arrange a no-obligation appointment with one of our selected equity release advisers.

Use our calculator Request a call back

Five-star feedback from thousands of satisfied customers

Making sure you receive a superb service and great equity release advice is a priority for us. That’s why we have carefully selected equity release specialists who consistently receive excellent customer feedback.

Mr Carter +

“Very friendly and professional.”

Excellent service. Staff very friendly and professional. Process took about 7 weeks which was very good. Any questions were answered quickly. Very happy with the service.

Joyce Pullman +

“I would recommend with no reservations.”

Everything clearly explained and all questions answered. It seemed no trouble for them at all so I would recommend them with no reservations.

Mr Gates +

“Nothing was too much trouble.”

They kept me informed every step of the way on the status of my application, were always polite, professional and very very friendly. Nothing was too much trouble and they were always more than happy to answer any questions I asked.

Helpful equity release information from our experts

Do you have questions to ask about equity release? Here at Equity Release Wise we want to do everything we can to help you understand your equity release options. We invite you to browse our equity release information and product guides so that you are better informed about whether equity release is right for you.

Understanding how equity release works

Looking for information about equity release? Our experts have put together comprehensive guides to how it all works.

What is equity release?

Lifetime mortgage options

The most popular form of equity release is a lifetime mortgage, with several types to choose from – we explain your options.

Lifetime mortgages

Looking after your interests

Our selected advisers are regulated by the Financial Conduct Authority and are also members of the Equity Release Council.

How is equity release regulated?

Important points to consider

A lifetime mortgage is typically repaid along with accrued interest through the sale of your home when you pass away or move into long-term care. Here are important points to consider:

Benefits

Unlock tax-free cash from your home without having to sell or move.

The right to move in the future (subject to terms and conditions).

No mandatory monthly loan repayments or interest payments.

Optional loan/interest payments to reduce the cost of the loan.

You or your family will never owe more than your home is worth.

Drawbacks

Reduces the value of your estate and the inheritance you leave.

Reduces the amount of property equity available to fund residential long-term care.

Can limit your options for raising money through other means in the future.

Subject to compound interest and the amount owed will grow quickly.

Can impact your eligibility for means-tested benefits.

Please also see our guide to the pros and cons of equity release or guide to home reversion (the other, less common type), and ask for a personalised illustration to fully understand features and risks.

Still have questions?

To find out more about equity release or arrange a consultation with an adviser, please call or request a call back and we’ll be happy to help further.

Let’s talk

Let us help with your questions or arrange a quote.

Call 0808 178 3055

Request a call back

Book a call at a time that suits you and we’ll call you back.

Request a call back

Are you eligible?

Find out how much tax-free cash you could release.

Check now

+ Client testimonials refer to the service provided by our selected equity release advisers. We have changed the clients’ names and certain identifying information to protect their privacy.

Please note that equity release will involve a home reversion or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care. To fully understand the features and risks, ask for a personalised illustration. Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long term care.