Equity release

happy lady inside house


Equity release 

Equity release refers to the various ways in which you can use your home to generate income. This means that you can release cash from your home without the hassle of having to move. There are usually certain conditions that you must meet before taking out equity release. These may include:

  • A minimum age, usually 60, but some schemes may be open to people over 55
  • You must own your own home and have no dependents living with you
  • You have little or no mortgage left 
  • Your property must be in a reasonable condition and over a certain value


Important things to consider

Raising income from your home is a big decision and might not be your best or only solution. Make sure you think about all of your options before making a decision.

For example:


Make sure you get specialist independent financial and legal advice before signing up for equity release.


Our information guide and factsheet on equity release contain further information: 

 opens link in new window  IL6: Equity Release (PDF 339KB)

 opens link in new window  FS65: Equity Release (PDF 464KB)

Advice line:
08000 223 444

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