What is equity release?

Equity release, allows you to release tax free cash tied up in your property, to spend as you wish and typically with no monthly repayments to meet.

To qualify for an equity release plan you must be aged 55-95 and own a property in the UK worth at least £70,000.

The money released through an equity release plan is yours to spend as and how you choose, with popular choices including, home and garden improvements, holidays and cruises, helping family and friends or paying off any outstanding debts.

How much cash can I release?

If you are interested in equity release then why not try out our free equity release calculator today. Our calculator will give you an estimated amount of how much cash you could release through a lifetime mortgage as well as an enhanced lifetime mortgage. An equity release specialist from Key will contact you to assist you with your enquiry.

Where do I go from here?

Through our partnership with Key Retirement, the UKs’ No.1 independent equity release specialists, you can arrange a free no-obligation consultation with one of their expert equity release advisers, which will take place within the comfort of your own home.

Step 1 – Book your appointment

Call 0808 156 26 74 today to book your appointment with an expert equity release adviser. They will come to you at a time and date that suits you to discuss equity release and whether it is the right option for you. Your local adviser will explain to you how equity release works and what plans are available. They’ll also give you exclusive access to offers they have secured with some of the leading equity release providers. For additional peace of mind, Key recommend that you invite family members to this appointment as an opportunity for them to ask any questions they may have. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits.

Step 2 – Searching the whole of the market

With your permission, your adviser will go away and search the whole of the market to find you the very best plan to suit your individual circumstances. Remember, Key are completely independent and will compare all plans to find the best one for you. From here, they will provide you with a personal report explaining their recommendations and then contact you to talk you through your options.

Step 3 – Choosing the right plan for you

Your specialist adviser will re-visit you to discuss their findings and to give you a copy of your personal report. This report will outline the full details of their recommendations, why it is suitable for you, all the facts and figures and any costs or charges associated with the equity release plan. This is your opportunity to ask more questions before you make any final decision.

Step 4 – Going ahead with your plan

Should you decide to accept your advisers recommendation and apply for an equity release plan, your adviser will guide you through the complete equity release process and keep you fully informed about the progress of your application. They will speak to your solicitor and equity release plan provider on your behalf to make sure that everything is going ahead smoothly, right through to the moment you receive your money.

Don’t wait around any longer and call 0808 156 26 74 today. If you wish to receive more information request your free 32-page equity release guide today.

If you are considering equity release we recommend that you read through is it right for you? carefully.