Remove tax-free equity from your property with Canada Life Equity Release
No need to make monthly payments
Use the money to pay off credit cards and loans
Stay living in your own home for as long as you like

How much money can I release?

You can achieve 70% of your home’s valuation. As an example, if your home is worth £280,000 you can release £196,000.

Your Requirements
How Much Would You Like Borrow/Release?*
Please enter a number from 4000 to 200000000.
Value of your property*
Please enter a number from 50000 to 10000000.
Total amount of mortgage/loans you have on your property
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- I'm Not Sure

About You
Name*
First Last
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree

Date of Birth*
Your Email Address:*
Phone Number*

Testimonials and Example Cases

Julia A

My mother has dementia. With my solicitor and my power of attorney, I got equity release on my mother’s house to pay for specialist modifications for her comfort.

Mrs M from Birmingham

With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. The money released went to my daughter for her wedding and deposit for her next house. She wanted a family, and her flat was too small.

Mrs E from London

My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.

David P

With my power of attorney, I got equity release on my father’s house to pay for disability provisions including a lift and a new kitchen.

Mr Smith from Kendal

My financial advisor told me that I should get equity release and gift money to my 5 children now as it would save a massive amount of inheritance tax.

William from London

I was told by my lawyer my inheritance tax bill would be around £250,000. I got a lifetime mortgage to give money to my son and daughter so they could buy bigger homes and we bought a house in the south of France for us all to use as a holiday home.

Mr G from Kent

I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.

Mrs Shaw from Lancaster

I had an interest-only mortgage with Birmingham Midshires. The mortgage had come to the end of its term and they wanted the £127000 back I still owed them. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before.

Sophie G from Aberdeen

The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.

Your Requirements
My Property or Home:*
How Much Money Would You To Like Raise?*
Please enter a number from 4000 to 20000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- Not Sure
I would like to*
- Refinance my existing property and stay
- Get new finance for a new property
Estimated Value Of Your Property?*
Total amount of mortgage/loans you have on your property
About You
Please tell us about your self and what you want
Name*
First Last
Phone*
Date of Birth*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree
By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.

Small business owners detail likely with equity to release

Sound recording and music publishing activities Widnes
Wired telecommunications activities Long Sutton
Manufacture of cleaning and polishing preparations Swanscombe and Greenhithe
Manufacture of cider and other fruit wines Moretonhampstead
Manufacture of medical and dental instruments and supplies Penkridge
Manufacture of dyes and pigments Pocklington
Fire service activities Coulsdon
Extraction of salt Snaith and Cowick
Temporary employment agency activities Halewood
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles Stocksbridge
Manufacture of taps and valves Hatherleigh
Activities of trade unions Eastbourne
Post-harvest crop activities Southminster
Manufacture of loaded electronic boards West Malling
Other construction installation Oldbury
Other research and experimental development on natural sciences and engineering Grange-over-Sands
Manufacture of flat glass Redcar
Video production activities Egremont

Towns of the UK where Lifetime Mortgages are common

Penwortham
Lymington
Reading
Long Sutton
Alcester
Halifax
Southminster
Cinderford
Halstead
Guisborough
Porthleven
Totnes
Scunthorpe
Market Deeping
Bawtry
Pudsey
Winchcombe
Eccles
Harworth and Bircotes
Cleobury Mortimer

Bridgewater Equity Release
Canada Life Second Home Voluntary Select Plan
Liverpool Victoria LV Equity Release
More2Life Capital Choice Plan
Nationwide Interest Only Lifetime Mortgage
Saga home reversion plan
Aviva Equity Release
L&G Legal & General Flexible Plus Lifetime Mortgage
HSBC Equity Release Schemes
More 2 Life Flexi Choice Voluntary Payment Super Lite
More2Life Flexi Choice Voluntary Payment Super Lite
More 2 Life Capital Choice Plus Plan
Lloyds Bank Equity Release
TSB Equity Release Plans
NatWest Interest Only Lifetime Mortgage
Pure Retirement Equity Release Plans
TSB Equity Release
More 2 Life Flexi Choice Voluntary Payment Super Lite

What percentage can be released?

The more elderly you are and the unhealthier you are the more tax-free money you can release.

Hodge Lifetime Retirement Mortgages

Just

LV Retirement Mortgages

Pure Retirement Retirement Mortgages

Pitfalls of Canada Life Equity Release

Canada Life Equity Release can reduce the inheritance for your family. A monthly payment lifetime mortgage may impact the ability to claim benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

UK Providers for Equity Release similar to Canada Life Equity Release

Sunlife Plans
Prudential Lifetime
Lifetime Mortgage from L&G

It’s usual to discover people looking for monthly payment lifetime mortgage, lump sum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Key Retirement like The Exeter Equity Release are keen to see proof of your personal situation in the form of pension statements.

Canada Life Equity Release percentages of your current property value examples

55% home reversion plans Canada Life Equity Release
50% loan to value home reversion plans Just Retirement
40% loan to value lump sum lifetime mortgages Stepchange
30% loan to value home reversion plans Prestige Finance
55% loan to value monthly payment lifetime mortgage Together Money
25% loan to value (LTV) home reversion plans Central Trust