Equity release

Receiving a lump sum or an income from your property could make you more financially secure whilst you continue to enjoy your home. Equity release allows you to enjoy your home environment whilst taking advantage of the equity built up in your property.

You must be a homeowner and 55 years or over (65 for Home reversion schemes) to take advantage of the equity release scheme.

Broadly, there are two options available to you.

Equity release will reduce the value of your estate and can affect your eligibility for means tested benefits.

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