Equity release could be an option for anyone who owns their own home and is aged 55 or over.
You can still have a mortgage in place
Your home must be worth at least £70,000.
There can be other things that affect whether you qualify. Such as if your home is classed as non-standard construction because it’s not built from brick or stone. This doesn’t necessarily mean that you won’t qualify, but it may limit the lenders we can recommend to you.
Use our online calculator
to check whether you qualify and how much tax⁠-⁠free cash you could release.