Why Homeowners Choose Equity Release
Releasing equity allows homeowners aged 55+ to unlock tax‑free funds from the value of their property without having to sell or move. Many people choose equity release for specific goals—whether to enhance their lifestyle, support family, or manage existing finances.
Home Improvements and Renovations
Equity release lets homeowners aged 55+ unlock cash from their property while continuing to live there.
Clearing Existing Debt or Mortgages
You generally need to be 55 or older and own your home outright or with a small mortgage balance.
Boosting Retirement Income
Equity release might impact benefits; we recommend consulting a financial adviser for personalised advice.
Helping Family or Loved Ones
Yes, our advisers comply with UK regulations to ensure your protection and transparent guidance.
How Equity Release Can Enhance Your Lifestyle
Beyond the practical uses of releasing cash, equity release can help you shape the retirement you want. Maintaining control over your home, supporting loved ones, and funding memorable experiences.
Enhancing Your Home and Comfort
Equity release is often used to finance renovations or adaptations that make a property more comfortable and accessible. This could involve modernising key rooms, improving energy efficiency or installing features that help residents remain independent as they age.
Supporting Loved Ones and Simplifying Finances
Some homeowners choose to release equity both to clear outstanding mortgage or loan balances and to provide financial assistance to children or grandchildren—for example, towards education, house deposits or other major life events.
Realising Personal Dreams and Building Flexibility
Released funds are also used to realise personal ambitions such as travel, pursuing hobbies or starting a small business, and to create a financial buffer for unexpected expenses. Flexible drawdown plans allow individuals to access their home equity gradually, controlling when and how much they withdraw.
Key Considerations Before Releasing Equity
Before proceeding with an equity‑release plan, homeowners usually weigh up how it might affect future inheritance, eligibility for means‑tested benefits and overall financial stability. It’s important to understand interest rates, fees and the implications for long‑term home ownership. Independent, FCA‑regulated advisers can provide tailored guidance based on individual circumstances.
When choosing an adviser, always make sure they meet the standards below, so that you can be confident that you’re in good hands.
FCA Authorised and Regulated
Full Qualified Advice
Independent and Impartial Advice
