Remove tax-free cash from your house with Equity release joint ownership
No regular monthly payments
Help your family with the cash you release
Stay living in your own house
Variable rates as low as 1.98% APR
Fixed rates of 2.12%
Rates have gone down in 2021

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*

I got equity release to give money to my daughter to buy a house. Without the money I borrowed, her buying a home would have been impossible.

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.

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.

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.

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.

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 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 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.

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 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 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.

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 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an AST Tenant.

It’s usual to encounter people looking for lumpsum lifetime mortgages, monthly payment lifetime mortgage or home reversion plans, however, Aviva like The Exeter Equity Release are keen to see paperwork to show your personal circumstances in the form of bank statements.

Lenders for UK Equity Release

Key Retirement
Liverpool Victoria
Legal and General

Downsides of Lifetime Mortgages

A monthly payment lifetime mortgage can reduce your estate value. Home reversion schemes may impact the ability to claim entitlements. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.

Aviva Equity Release Schemes
More2Life Flexi Choice Voluntary Payment Super Lite
Royal Bank of Scotland Equity Release Schemes
Aviva Lifetime Mortgages for Pensioners
Bridgewater Equity Release
L&G Legal & General Flexible Lifetime Mortgage
Liverpool Victoria LV Equity Release Schemes
Nationwide Equity Release
HSBC Equity Release Schemes
Just retirement equity release key features
L&G Legal & General Flexi Max Voluntary Repayment Plan
HSBC Equity Release Schemes
Royal Bank of Scotland Lifetime Mortgage
Bridgewater Equity Release Plans
Canada Life Landlord Voluntary Select Plan
More2Life Tailored Choice Plan
Nationwide Equity Release Schemes
HSBC Lifetime Mortgage

Business owners who could benefit from equity release estate planning

Manufacture of wine from grape Stourbridge
Service activities incidental to water transportation Warwick
Television programming and broadcasting activities Oakham
Other retail sales in non-specialised stores St Austell
Manufacture of other transport equipment n e c Neston
Other passenger land transport Madeley
Installation of industrial machinery and equipment Malton
Activities of extraterritorial organizations and bodies Bishop Auckland
Urban planning and landscape architectural activities South Woodham Ferrers
Manufacture of wiring devices Fleet
Photocopying, document preparation and other specialised office support activities Brading
Manufacture of ready-mixed concrete Willesden
Activities of households as employers of domestic personnel Chagford
Specialised cleaning services Richmond
Manufacture of non-electronic measuring, testing etc equipment, not for industrial process control Ludlow
Manufacture of corrugated paper and paperboard, sacks and bags Belper
Repair of electronic and optical equipment Stony Stratford
Other non-ferrous metal production Horwich

Towns where equity release is common

Dursley
Southall
Whaley Bridge
Looe
Sandown
Tow Law
Rochford
Hingham
Ollerton and Boughton
Bourne
West Ham
Boroughbridge
Soham
Broseley
Newhaven

Equity Release LTV Percentages Equity release joint ownership

55% lump sum lifetime mortgages Old Mutual Wealth
40% loan to value lump sum lifetime mortgages Stepchange
30% loan to value monthly payment lifetime mortgage Bank of China UK
35% loan to value home reversion plans LV equity release
60% loan to value lump sum lifetime mortgages Norton Finance
45% loan to value lumpsum Equity release joint ownership

Crown Mortgages

More2Life Retirement Mortgages

Crown Lifetime Mortgages

Equity release joint ownership percentages of your current property value

The more elderly you are and the unhealthier you are the more money you can release.
Equity Release for properties owned as tenants in common