Freephone 08080 555 222 or request an instant callback » Home Equity Release Pension Income Power of Attorney Funeral Plans Wills Home Equity release Equity release plans Lifetime mortgages Share Page: Tweet FREE Equity Release Calculator Estimated property value: £ ,000 Outstanding mortgage: £ ,000 Age of youngest homeowner: Email address: In this section Equity Release Service What is Equity Release? Equity Release Plans Lifetime mortgages » Drawdown lifetime mortgages » Interest-only lifetime mortgages » Home reversion plan » Existing Customers Our customers love us! 98% Trust Score | 2,600+ Reviews Lifetime mortgage A lifetime mortgage allows you to release a lump sum of cash or extra income from the value of your property. There are no regular repayments to make as the amount, is repaid from the money made when the property is sold. Generally this is when you die, move into long-term care or permanently leave the property. Advantages Disadvantages ✔ Plans are available from the age of 55. ✔ The cash you release is tax free and can be spent on whatever you like. ✔ You continue to own 100% of your home, thereby benefiting fully from any future increase in its value. ✔ There are no monthly repayments to make with a lifetime mortgage. ✔ The 'no-negative-equity' guarantee ensures that you can never pass on debt to your estate. ✔ Plans can allow you to protect an inheritance for your family. ✔ All plans are regulated by the Financial Conduct Authority. Other alternatives to equity release Whilst most people we speak to feel at home in their property and don’t want to move, you should be aware that moving to a cheaper property could be another solution rather than equity release. Another way of raising funds from your property could be to take in a lodger. This does not generally appeal to our clients due to the invasion of privacy that it brings. However, maybe it is something to be considered before going ahead with equity release. Your family may also be able to help you and you should consider using any other assets you may have. We will only recommend that you go ahead with an equity-release plan if we firmly believe it to be in your best interests. Please call us today for a no-obligation chat on Freephone 08080 555 222. Our friendly advisors are ready to answer any questions you may have. Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration. Popular Next Steps FREE Equity Release Calculator Request an instant call back Call us now: 08080 555 222 Things to consider As multi-award-winning equity release specialists we provide impartial advice covering your options as well as explaining what impact a plan could have on the size of your estate and if your entitlement to current and future means-tested benefits could be affected now or in the future. We provide initial advice for free and without obligation. Only if you choose to proceed and your case completes would a typical fee of 1.6% of the amount released be payable. We compare the whole of the equity release market Call us today on Freephone 08080 555 222 to find out how equity release could help you. Award-winning retirement income specialists Headquarters: 2200 Century Way Thorpe Park Leeds, LS158ZB Popular Pages Equity Release Service Pension Income Service Careers About us Contact us Business partners Popular Tools Equity Release Calculator Pension Income Calculator Pension Tax Calculator Drawdown Calculator Fixed-Term Annuity Calculator Annuity Calculator Follow Us Facebook Twitter LinkedIn Google+ Youtube © 2015 Age Partnership. Cookie Policy Privacy Policy Site Map Contact Us