Benefits of Equity Release
Equity release allows you to release tax-free cash tied up in your home.
TALK TO AN ADVISERModern Equity Release Plans Offer More Flexibility Than Ever Before
Today’s equity release plans—especially lifetime mortgages—are far more flexible than those of the past. They’re designed to give homeowners aged 55+ more control, more choice, and greater peace of mind.
Here’s what many modern plans can offer:
Access Tax-Free Cash
- Release a lump sum of tax-free money to use however you wish
- Add a cash reserve facility to draw from in the future, as needed
Stay in the Home You Love
- Continue living in your property for life
- Maintain 100% ownership of your home¹
- Benefit from any future increases in your property’s value
Support Loved Ones
- Protect a percentage of your home's value as a guaranteed inheritance
- Ensure no debt is passed on—thanks to the No Negative Equity Guarantee
Flexible Repayment Options
- No monthly repayments required
- Choose to make voluntary payments if you prefer to manage the interest
- Some plans even allow you to repay an existing standard mortgage
Freedom to Move Home
- Lifetime mortgages are portable—you can move to another suitable property in future
- If downsizing, some lenders may require partial repayment, but early repayment charges can often be avoided
Certainty and Peace of Mind
- Fixed interest rates for life on many plans
- High cash release options available depending on your circumstances
What Happens in the Future?
With a lifetime mortgage, there’s no obligation to make repayments during your lifetime. Interest can be "rolled up" and added to the loan. When you pass away or move into long-term care, the property is sold, the loan (plus interest) is repaid, and any remaining funds go to your estate.
¹ You will only retain full ownership of your home with a Lifetime Mortgage. Home reversion plans involve selling part or all of your property.
By submitting this form, you agree to a Compare Retirement equity release adviser contacting you to discuss how much equity you can release from your property.
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A lifetime mortgage is a loan secured against your property. Releasing equity will reduce the value of your estate over time due to compounded interest and costs, unless you make repayments. Equity release could affect your entitlement to means-tested benefits and impact funding long-term care. The money you release, plus the accrued interest is then repaid when you die or move into long-term care. To understand the features and risks, ask for your personalised illustration.
*We provide initial advice free of charge and with no obligation. Only if you choose to proceed and your case completes will Compare Retirement charge an advice fee, currently not exceeding £1,195. Other lender and solicitor fees may apply.
Call us free today on: 0800 520 0090 to find out more!
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