Best Equity Release Plans

The best equity release plans available can be found by comparing providers and looking for the most competitive deal which offers a low rate of interest. The interest rate will determine the total which has to be repaid. Equity release plans unlock value from your home which is tax-free and can be used for any purpose. Other features of equity release plans include:

Providing a boost to your retirement income
You retain ownership of your home
The remaining value can be left to heirs
Only available to those 55 years of age and older

Because lenders are not repaid until the house is sold upon death, there are no monthly repayments to be made. Learn more and find out about the best equity release plans on the market by filling in our quick form.

Lifetime mortgages as from October 2004 are regulated by the Financial Services Authority. A lifetime mortgage is a loan secured on your home. The loan and interest are normally repaid from the proceeds of the sale of your home when you die or move into long term care. With a home reversion plan you sell all or part of your home for cash. However you do not get the full market return for doing so.

The above equity release mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000. When considering any type of equity release product, it is important that you seek independent legal advice.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.