Call 01752 346604 for no obligation advice

What is equity release?

Put simply, equity release allows you to unlock cash from your home in the form of a tax-free lump sum, or by drawing smaller amounts as and when you need them.

During retirement, some people may choose to downsize in order to raise funds. However, if you don’t want to move from your family home, equity release could be the ideal solution for you.

Lifetime mortgages at a glance

  • Receive a tax-free cash lump sum
  • With a lifetime mortgage there are typically no monthly repayments to make as the loan, plus roll up interest, is repaid when the plan comes to an end
  • You can spend the money however you like
  • You can stay in your home for as long as you choose with Equity Release Council approved plans
  • The value of your estate will be reduced
  • Your entitlement to means-tested benefits may be affected
  • A lifetime mortgage is secured against your home

Four good reasons to act

  1. You could end up leaving more of an inheritance than you thought – average house prices are now 45 times what they were in the 1970s*
  2. You can spend the money however you like. According to Key Retirement, the UK’s number 1 equity release specialist, over 60% of customers use equity release to make home and/or garden improvements, and 29% use it to go on holiday^
  3. Got money worries? Over 30% of Key’s customers used equity release to pay off debts such as loans or credit cards, and over one in 5 equity release customers (22%) have used it to pay off their outstanding mortgage^. If you have taken an interest-only mortgage and are now struggling to pay it off, equity release could be a solution
  4. The flexibility of plans – some equity release plans allow you to make monthly interest payments, and if leaving an inheritance is important to you, there are also plans which allow you to secure a percentage of your home’s value as an inheritance

Do you qualify?

To qualify for equity release

  • You must be aged 55 or over and own your own home
  • Your property should be valued at a minimum of £70,000
  • You must live in the UK

Ask to be referred to Key Retirement, the UK’s number one equity release specialist today to find out more about equity release.


Think carefully before securing a loan against your home.

Unless you decide to go ahead, Key’s service is completely free of charge, as their typical advice fee of 1.95% of the amount released is only payable on the completion of a plan.

*Source: L&G Last Time Buyers Report, Autumn 2016

^ Source: Key Retirement Market Monitor Full Year 2016