Unlock the value of your home with equity release.

As a homeowner, a large percentage of your wealth is the equity that has built up in your property over the years. How do you access this without having to sell your home?

Our experts can guide you through your lifetime mortgage options, to get a mortgage that is right for you.

Are you eligible?

  • Over 55 years old
  • Property value at least £70,000
  • UK Homeowner

Lifetime mortgages explained

How does it work?

As the name suggests, a lifetime mortgage will last for life, only being repaid when your house is sold, which is usually on death or upon moving into long term care.

The interest is added to the mortgage each month, so the balance of the mortgage increases over time. As no monthly payments are made, you don’t need to worry about being assessed for affordability.

Broadly speaking, the value of your home usually determines what you’ll get. Other factors, such as your age, can also influence the money you can access.

Yes, some mortgage companies will allow you to repay some or all the interest if you can afford to. This will benefit those you wish to inherit your home, as it will leave more equity for them.

Pretty much anything! Repaying debts, holidays, helping your family or topping up your income are some of the ways that you can spend the money.

A ‘drawdown’ equity release mortgage will provide a flexible cash reserve facility that offers easy access to your funds. You take what you need when you need it. This way you pay less interest, and more equity stays in your home.

No. We can find you a mortgage with a ‘no negative equity’ guarantee.

It will reduce the amount of inheritance you leave and may affect your tax position and entitlement to welfare benefits. We’ll explore these risks with you, so you are fully informed, and can decide if equity release is right for you.

Retirement interest only mortgages explained

How does it work?

A retirement interest only (RIO) mortgage works in the same way as a traditional mortgage, although there is no fixed term, so it is repaid when your house is sold, which is usually on death or upon moving into long term care.

The amount you can borrow will be based on a full affordability check; usually your pension income, and any transferable pension on death, if the mortgage is joint with your spouse. The value of your home also determines what you’ll get.

A RIO is like a traditional mortgage, so you must pay the interest each month. This is why affordability checks are done at the outset.

Pretty much anything! Repaying debts, holidays, helping your family or topping up your income are some of the ways that you can spend the money.

There are no flexible RIO mortgages at the moment, so whatever you apply for will be given to you straight away.

You’ll pay the interest each month from your income, so you’ll never owe more than you borrow.

Home Reversion Mortgage

A home reversion plan is a type of equity release scheme where part, or all your home, is sold to the plan provider in exchange for regular payments or a tax-free lump sum. A lifetime tenancy is then created, protecting your residency and freedom to live in your home, rent-free, for the rest of your life.


Due to the newer and more flexible lifetime mortgages on offer, we have chosen not to advise on home reversion plans, so we’ll refer you on to another expert, if this is what you are looking for.

Equity Release Council

As proud members of the equity release council, a voluntary trade body, you can rest assured that our experts will always act with care, transparency and integrity when arranging your equity release mortgage.

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