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How would I know if equity release is right for me?
Speak to an adviser and get a recommendation which is bespoke to your individual requirements. Advisers such as Age Partnership will provide this initial quotation for free, as it helps you to explore whether equity release is the right solution for you.
An adviser will also talk to you about alternatives to equity release, such as unsecured lending, downsizing, grants, benefits, taking in a lodger and using savings or pensions.
They will also encourage you to discuss your equity release plans with family and friends to see what they think and involve them in the process, as it’s likely to impact them later down the line.
*Based on the volume of plans from a panel of lenders, Q1 2021 – Q3 2021
Equity release may involve a home reversion or a lifetime mortgage, which is secured against your property. To understand the features and risks, ask for a personalised illustration. Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.
Correct at time of publication. The Express Equity Release service is provided by Age Partnership Limited, 2200 Century Way, Thorpe Park, Leeds LS15 8ZB. Company registered in England and Wales No. 5265969. VAT registration number 162 9355 92. Age Partnership Limited is authorised and regulated by the Financial Conduct Authority. FCA registered number 425432 and is trading as Age Partnership. We offer a comprehensive range of equity release products from across the market.