Equity release

The benefits of releasing equity in your home

Equity release is a way of supporting yourself later in life by releasing tax-free cash from the value of your home, without having to sell.

If you’re looking for extra money whether it’s to help out your family, make some home improvements or just – make retirement a little easier, it could be a welcome boost to your savings.

The equity release is a loan on your home, but with no monthly repayments. We do this by adding interest annually onto both your loan and interest already added – then, everything’s repaid once you die or go into long-term care, usually from the sale of your home, subject to the lender’s terms and conditions.