Equity release interest rates in the UK vary depending on the product chosen and can range from as low as 3.5% to over 7%. Generally, these products come with a fixed rate for life, so customers should consider their long-term needs when selecting an equity release plan. Interest rates can be contingent on a variety of elements, such as age, wellbeing and property type. When selecting an equity release plan, it is essential to compare different providers for the best possible deal.