Compare equity release loans
- Unlock tax-free cash from your home without moving
- Flexible options to suit your lifestyle and needs
- Stay in your home for life with the right plan
Compare equity release plans
- Find out how much could be available to you
- Free advice from an expert and flexible plans to suit your needs
Why compare equity release
Comparing equity release plans will help you to choose a plan that fits your lifestyle and protects your home and family.
You can compare equity release plans from the UK's biggest brands
Thinking about equity release? Let’s explore your options
We've teamed up with Fluent Money, who work with a range of lenders to offer the best solution for your needs. If you would like to discuss your options, provide us with a few details and receive free expert advice from Fluent Money.
How does equity release work?
Equity release lets homeowners access some of the value in their property while continuing to live there. You can release money as a single lump sum, smaller regular payments, or a combination of the two.
The loan is typically repaid when you pass away or move into long-term care, with the balance (plus interest) settled from the proceeds of the property sale.
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Which equity release plans are available?
There are two main types of equity release:
Lifetime mortgage – the most common option, where you borrow against your home’s value. Interest rolls up over time, and you remain the owner of the property until the loan is repaid.
Home reversion plan – where you sell part (or all) of your home to a provider in return for a lump sum or regular payments. You can stay in the property rent-free, but you no longer own the portion sold.
Who is eligible for equity release?
Equity release is generally available to homeowners in the UK who are aged 55 or over and whose property is worth at least £70,000. The amount you can release depends on your age, the value of your home, and sometimes your health.
Things to consider before equity release
Before committing, ask yourself:
Do you fully understand the costs involved, including arrangement, valuation, and legal fees?
Will the money released meet your needs without creating financial difficulties later in life?
Have you explored alternatives such as downsizing, using pensions, or other borrowing options?
Equity release can be a long-term commitment, so professional advice is essential.
The loan is typically repaid when you pass away or move into long-term care, with the balance (plus interest) settled from the proceeds of the property sale.
Advantages and disadvantages of equity release
- Advantages
Tax-free cash released from your home
Flexible payment options (lump sum, regular income, or both)
You retain the right to live in your home for life
No monthly repayments in most cases
- Disadvantages
Interest builds up quickly, reducing the value of your estate
May affect eligibility for means-tested benefits
Reduces the inheritance left to loved ones
Early repayment charges may apply
Unlock the value in your home with equity release
If you’re aged 55 or over and own your home, equity release could help you access the money tied up in your property without needing to sell or move out. The funds can be used however you choose — from boosting your retirement income, paying off debts, or helping family, to funding home improvements.
At MoneySpider, we make it easy to understand your options and compare providers, so you can decide if equity release is the right step for your financial future.
Is equity release right for you?
Equity release can be helpful if you want to access extra funds in later life while staying in your home. It can be used to:
Boost retirement income
Pay off existing debts
Help children or grandchildren financially
Fund home improvements or lifestyle choices
However, it’s not the right choice for everyone. Equity release reduces the value of your estate and may impact what you’re able to leave as inheritance. It could also affect your entitlement to means-tested benefits, and early repayment charges may apply if you decide to repay sooner than planned.
FAQ
Need more help?
How much equity can I release?
Do I still own my home?
Will I need to make monthly repayments?
Can I move house after releasing equity?
Is equity release safe?
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