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Equity Release Over 50

A 2025 equity release over 50 is now possible with a lender not on the comparison sites.

  • Age 50 Equity Release for 2025
  • A new way to release equity
  • Free home valuation
  • No lender or broker fees
  • Optional monthly payments
  • 4.89% APR fixed
  • Loan to value up to 55%
  • It can be used to pay off an existing mortgage.
  • There is no valuation penalty for flats and other leaseholds
  • Non-standard construction properties are considered.

  • Get your 1 minute no obligation quote
  • Please enter a number from 10000 to 25000000.
    Please enter a value between £10,000 and £25,000,000
  • Please enter a number from 50000 to 25000000.
    Please enter a value between £50,000 and £25,000,000

Lifetime Mortgage Over 50

A lifetime mortgage for over 50 is a mortgage that will last the rest of your life. You can get a fixed rate of 4.89%, with an optional monthly payment and

  • Get your 1 minute no obligation quote
  • Please enter a number from 10000 to 25000000.
    Please enter a value between £10,000 and £25,000,000
  • Please enter a number from 50000 to 25000000.
    Please enter a value between £50,000 and £25,000,000

Interest Only lifetime mortgage over 50

Because of the strength of the UK economy and the property market, you can still get a free valuation with no obligation.

These products are commonly applied for by people who have an existing mortgage that needs to be paid off.

Remortgages for people over 50 years old

When remortgaging, it may be best to go to your existing lender first.

However, many lenders seek to loan money to people with a stable income. Since the mortgage market has slowed down a little bit

Age 50 Equity Release

If you can make a small monthly payment to partially cover the loan interest in 2025, an age 50 equity release is entirely possible.

More people than ever are eligible for equity release with the new equity release mortgage options for 2025.

What is a Payment Term Lifetime Mortgage?

It is a new product for 2025 in which customers are required to make contractual monthly interest payments for an agreed-upon specified term, which will end no later than their planned retirement age. This offers much higher loan-to-value than typical lifetime mortgages or Rio mortgages.

Can a 53-year-old get an equity release?

Yes, people aged 53 can release equity from their homes. Many types of equity release plans will be available in the UK in 2025.

Can I release 50 equity from my house?

Yes, you can release 50% of the equity from your home. The FCA regulates it. You have to be well qualified to give equity release advice.

How does over 55 equity release work?

It is a loan. You borrow money against the value of your home. You may or may not need to make any payments.

Harriet Matthews from Southampton on Equity Release for Over 50s

As someone who recently delved into equity release for over 50 years, I found my lender through positive reviews on Trustpilot. Their calculator was beneficial, providing clear insights into the loan to value ratio. The low interest rates and no fees policy made my decision straightforward and financially viable.

Hallie White from Hereford Discusses Mortgage for Over 50

After reading several encouraging reviews on Google Reviews, I decided on a mortgage designed for individuals over 50. The absence of monthly repayments and the provision of a free valuation service made the process transparent and stress-free, aligning perfectly with my financial planning.

Maisie Gordon from Peterborough on Mortgage Over 50

Choosing a mortgage over 50 was made easier after discovering a lender with an excellent reputation on reviews.io. The inclusive approach, demonstrated through their no credit check policy, was a game-changer for me, especially considering my bad credit history.

Maryam Lowe from Kingston-upon-Hull on Over 50 Mortgage

The detailed reviews I found on Trustpilot significantly influenced my decision to opt for an over-50 mortgage. The lender’s transparent no-fees policy and low interest rates have provided me with financial stability and peace of mind in my retirement planning.

Maria Hayward from Norwich on Mortgages Over 50

My journey into mortgages for people over 50 began after reading insightful reviews on Google Reviews. The lender’s online calculator, along with its no-fees policy and free valuation, ensured a smooth and beneficial process, making it the ideal choice for my financial needs.

Equity Release Options for the Over 50s

Equity release provides a practical solution for those over 50 looking to access the value tied up in their home without moving. Whether you’re considering equity release at age 50 or later, understanding the process can help you make an informed choice that suits your financial needs.

Why Consider Equity Release at 50?

Equity release is viral among homeowners who want to enhance their financial stability. It’s especially beneficial for those with unique or non-standard properties that might be more challenging to sell quickly. For example, if you own a BISF house and need a fast cash sale, equity release can offer an alternative, allowing you to stay in your home while accessing funds.

Equity Release for Non-Standard and Unique Properties

Many non-standard properties are less appealing to traditional buyers or can present financing challenges. If you have a non-standard construction brick skin house, or you’re looking at selling a timber frame house fast, equity release may provide the best of both worlds: financial access and continued homeownership.

Equity Release for Leasehold and Flats Above Shops

Leasehold flats, particularly those situated above commercial properties, can also benefit from equity release. For individuals who own a leasehold flat above a shop, securing financing through traditional channels can be complicated. Equity release, however, offers a way to access funds, potentially without the obstacles of selling these unique property types.

Equity Release as an Alternative to Selling

Equity release is often an ideal choice for those who do not want to face the challenges of selling unconventional properties. If your property is located in a less desirable area, such as near a national grid substation, or has a short lease, equity release could offer financial flexibility without needing to move. For instance, selling a flat with a short lease may not appeal to all buyers, but equity release enables owners to remain in place and still gain access to funds.

Additionally, properties with cladding issues, like those without the EWS1 certification, can face similar challenges in the traditional market. If you’re selling a flat with cladding concerns, equity release might provide a viable alternative, ensuring you maintain ownership while leveraging your home’s value.

Equity release for those over 50 has grown in popularity due to its flexibility for various property types, from BISF homes to timber-framed houses. By exploring equity release, homeowners can secure a source of funds tailored to their unique circumstances and plans.

Last updated: January 24, 2025 at 2:35 am

Updated: 16 day(s) ago

Today's date: February 9, 2025

Remaining days in the month: 19 day(s)

Property MetricValue
Equity Release Over 554.52%
Retirement Interest Only Mortgage (RIO) Income Required4.34%
Interest Only Lifetime Mortgages4.44%
Standard UK Residential Mortgage 2 Year Fixed4.25%
Standard UK Residential Mortgage 5 Year Fixed4.12%
Adverse Credit UK Residential Mortgage 2 Year Fixed4.97%
Adverse Credit UK Residential Mortgage 5 Year Fixed4.83%
Homeowner Loans6.47%
Bad Credit Secured Loans9.58%
Prime Car Finance4.49%
Bad Credit Car Finance7.5%
Average Number of Days for a House Sale to Complete92
Average UK House Price£292100
Average UK House Price Per Square Foot£265.55