Pay Off Your Mortgage With Equity Release

Use a lifetime mortgage to clear what's left of your existing mortgage — with no monthly payments required afterwards. Available to homeowners aged 55 and over.

Release Equity Tax-Free

No Monthly Payments Required

FCA Authorised Providers

Compare the UK Market

Release Equity Tax-Free

No Monthly Payments Required

FCA Authorised Providers

Compare the UK Market

See If Equity Release Is Right for You

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Homeowner age*

Property value*

How It Works

Getting a plan comparison is simple. Here's how the process works.

Complete the Form

Answer a few simple questions about yourself and the level of cover you're looking for. It only takes a couple of minutes.

Receive a Callback

A specialist broker will call you back to discuss your requirements and answer any questions you may have.

Compare Your Options

The broker will present plans from leading providers so you can compare options and choose the cover that's right for your individual circumstances. There's no obligation to proceed.

55+

Homeowners

2 min

Quick Form

£0

Quote Cost

Obligation

Get a free quote and see how you could protect yours

Check Your Options

Clearing a Mortgage With Equity Release

How it works when you still owe on your home. For homeowners aged 55+.

Your Mortgage Is Repaid First

Money released first pays off your existing mortgage in full — a condition of every lifetime mortgage. Anything left over is yours to use.

No More Monthly Payments

Once your old mortgage is cleared, a lifetime mortgage requires no monthly payments. Interest rolls up and is repaid when the plan ends.

Stay in the Home You Love

You keep full ownership and the right to live in your home for life or until you move into long-term care, provided you keep to the plan's terms — a safeguard on Equity Release Council approved plans.

What is equity release?

Understanding how you can unlock your home's value

Equity release is, in a nutshell, a way to unlock the value of your property and turn it into cash which lets you access - or 'release' - the equity (cash) tied up in your home, if you're 55+.

The most popular type of equity release is a lifetime mortgage, which is a loan secured against your home.

You can receive the money you release in a lump sum or in several smaller amounts following an initial lump sum.