Release money from your house- You don’t need to make regular monthly payments
- Use the money you release for anything you like
- Continue to stay in your property
Concise Finance Customer Reviews
Mrs L from Nottingham
I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years the money went to him for his share of the house. I am happy now as I am secure, and I do not need to move from my home.
Mrs G from Leeds
My daughter is a single mother, and I got a £120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.
Mrs E from London
I was advised to get equity release from my East London home to minimise inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low it was close to their mortgage rate.
Mrs Daly from Glasgow
My daughter lives in the states and does not have health insurance. My £30,000 lifetime mortgage paid the medical bills for her son to be born and a years rent in advance for a new flat for the baby.
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.
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.
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.
Equity Release UK Lenders
- Key Retirement
- Pure Retirement
- Santander
Downsides of Equity Release Plans
Home reversion plans can reduce the value of your estate. Lump-sum lifetime mortgages may impact entitlements to benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.
What percentage can be released?
The more aged you are and the more illnesses you have you are the more tax-free money you can release.
Areas where Lifetime Mortgages are common
- Sandbach
- Bebington
- Craven Arms
- Bromley
- Alston
- Bridgwater
- Midsomer Norton
- Prescot
- Ferryhill
- Holt
- Immingham
- Morecambe
- Chatham
- Needham Market
- Rugby
- Totton and Eling
- Wellingborough
- East Ham
- Dinnington St Johns
- Brading
- Hemel Hempstead
- Egremont
How much is it common to release from a home
- 60% lifetime mortgage with flexible drawdown cash release AA equity release
- 35% LTV home reversion schemes Shawbrook
- 30% loan to value interest-only lifetime mortgages Santander
Equity release is common among business owners like below
- Activities of religious organizations Ilminster
- Wholesale of waste and scrap Mildenhall
- Wholesale of tobacco products Chipping Campden
- Passenger rail transport, interurban Southend-on-Sea
- Management consultancy activities other than financial management Partington
- Wireless telecommunications activities Hertford
- Other service activities incidental to land transportation, n e c Poynton-with-Worth
- Banks Loddon
- Operation of rail passenger facilities at railway stations Whittlesey
- Mining of other non-ferrous metal ores Stevenage
- manufacture of canvas goods, sacks, etc Dover
- Manufacture of steel drums and similar containers Falmouth
- Manufacture of ceramic household and ornamental articles Burgess Hill
- Activities of agricultural holding companies Arlesey
- Undifferentiated service-producing activities of private households for own use Atherstone
- Wholesale of hardware, plumbing and heating equipment and supplies Lynton & Lynmouth
- Renting and operating of Housing Association real estate Penryn
- Manufacture of non-wovens and articles made from non-wovens, except apparel Buntingford
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- HSBC Equity Release
- TSB Equity Release Schemes
- Age Partnership Lifetime Mortgage
- Hodge Lifetime Flexible Drawdown Plan
- Just Retirement Equity Release Plans
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- More to Life Capital Choice Plus Plan
- TSB Equity Release
- NatWest Equity Release
- Saga home reversion schemes
- Age Partnership Equity Release Plans
- Canada Life Lifetime Mortgages
- Just retirement equity release lifetime mortgages
- Pure Retirement Equity Release Schemes
- More to Life Flexi Choice Drawdown Lite Plan
- NatWest Equity Release
- Age Partnership Equity Release
- L&G Legal & General Flexible Lifetime Mortgage
- Lloyds Bank Equity Release Plans
- Saga Equity Release Schemes
- Age Partnership Equity Release Plans
The lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Owner Occupier Primary Residence.
Equity Release Mortgage Under 55
- Halifax Lifetime Mortgage Broker
- Santander Retirement Mortgage Reviews
- Santander Equity Release From House
- HSBC Lifetime Mortgage Broker
- Nationwide Lifetime Mortgage Rates 2026
- Lloyds Bank Retirement Mortgages Calculator
- Lloyds Lifetime Mortgage Interest Only Rates
- Lloyds Bank Lifetime Mortgage Maximum Ltv
- Lloyds Equity Release Best Deals
- Natwest Equity Release Brokers Uk
- HSBC Retirement Mortgage Interest Rates
- Lloyds Bank Equity Release Mortgage
- Halifax Retirement Mortgage Broker
- Lloyds Retirement Mortgage Age
- Halifax Equity Release Loan
- Santander Lifetime Mortgage Buy To Let
- Nationwide Retirement Mortgage
- Natwest Lifetime Mortgage Fixed Rate
- Nationwide Equity Release On Second Homes
- HSBC Equity Release Plan
It is very regular to discover people looking for monthly payment lifetime mortgage, monthly payment lifetime mortgage or home reversion schemes, however, Legal and General like Fortify Insurance Solutions are keen to see proof of your personal situation in the form of pension statements.
Ipswich Building Society Product name: Retirement Interest-Only Mortgage. Fixed-rate and discount deals are available. Capital repayment or interest-only? Interest-only. Minimum property value: None, but you must hold at least £150,000 equity. Minimum/Maximum loan sum: £25,000/£500,000. Maximum LTV: 50%. Minimum/max-age: 55 Minimum; no max. Minimum income: £20,000, which can include 100% of your pension income and 75% of your investment income. Overpayments: with a fixed-rate deal you can overpay by up to 50% of the loan amount. After that, you’ll have to pay a 3% penalty. The discounted-rate deal allows unlimited fee-free overpayments. How can I repay the loan: when you die or move into care and the property is sold. If you’re on a discount deal, you can also pay off the entire loan early without facing ERCs.