LIFT-Advice LIFT-Financial LIFT-Mortgages LIFT-Insurance LIFT-Advice LIFT-Sport LIFT-WorkWise Blog Our teams Contact Equity release WHAT IS EQUITY RELEASE? Put simply it is a way for people of generally 55+ to unlock some cash from their home without having to move. In most cases this involves a long term loan called a Lifetime Mortgage. Retirement should be an enjoyable time but having enough money to finance retirement can be a worry. If you own your own home and have no mortgage or other debt on it, or the debt is lower than the value then you have equity in your home. With the rise in property prices over recent decades a significant number of those at or beyond retirement now find themselves in this position. For many it is the only substantial asset they have. Their savings or other investments may be small in comparison to the equity in their home or even non-existent. For these people, equity release can be a solution to their income needs. Funds raised from equity release are frequently used for: Paying for home improvements Holidays Giving financial help to family and friends Clearing outstanding mortgage or other debts Increasing regular income to pay bills or increase disposable income To help fund care in your own home Individual reasons are always very personal and it's wise to discuss your situation with family first. More about Lifetime Mortgages OUR ADVISERS SAY Using the equity in your home can help you can fund later life and ease financial worries LIFT-Advice OUR SERVICES Financial planning Retirement planning Care fees planning Estate & IHT planning LIFT-Academy Careers Charity Partnerships Our story Website Disclaimer & Complaints Policy Privacy Policy LIFT-Financial Group ©LIFT-Financial 2021. The information contained in this website is for general information purposes only. The information is provided by LIFT-Financial Group. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at clients in the UK. LIFT-Advice – registered in England and Wales – Company Registration Number 07536545 – Our registered Address: Century House, Regent Road, Altrincham, Cheshire, WA14 1RR. LIFT-Advice is authorised and regulated by the Financial Conduct Authority. Registration number 623947 Cookies help us provide our services. By using this website, you accept our privacy policy | Accept cookies