Boost income in retirement
Most of us dream of taking retirement and being free from the commitments of fulltime employment. Sadly, with people living longer, the cost of living rising and interest rates remaining low, many people are now finding retirement a financial struggle. If you own your own home then you may be considering making the difficult decision to sell up to help make your retirement more financially comfortable. If you want to avoid the upheaval of a move, however, and are keen to remain in your home equity release could be the right solution for you.
Equity release works by allowing you to take money that is locked up in the value of your property. The most popular type of equity release is the lifetime mortgage. This type of plan allows you to either take a large sum or smaller installments up to an agreed value. You can remain in your property for as long as you wish and no repayment is due until after the property is sold. For your security all lenders also offer a no-negative equity guarantee meaning that your estate will never be left in debt as a result of your taking equity release.
Thousands of people across the UK have already used equity release to help them fund a long, happy and financially stable retirement. There is no restriction on how you spend the capital released so you can use your money to clear debts, make home improvements or to help you cover the cost of day-to-day living.
As long as you are aged 55 or over, you own your own home (or just have a small mortgage) and your property is valued at £70,000 or above there is a very good chance you will be able to release money from your property. The amount you can release will depend on your personal circumstances but you can get a good indication of how much capital could be available to you using our free equity release calculator.
If you would like to find out more about equity release and how it could help boost your income in retirement call one of our trusted advisors on 0207 158 0881.
For your benefit and protection we are fully regulated by the Financial Conduct Authority.
Equity Release Calculator
Our equity release calculator is FREE and easy to use. Simply complete the form below.
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We compare the whole market and recommend products from the following lenders
Most plans allow you to:
- Maintain 100% home ownership
- Unlock a tax-free lump sum of money
- Continue to live in your own home
- Make no monthly repayments
Why use our calculator?
- No time wasting – what you see is what you get. Our calculator is a one step process
- Instant results – the results of your calculation will be displayed as soon as you complete our one step process. We’ll even email you a copy
- Expert assistance – our equity release advisers are ready to answer any of your queries
- No pressure – at Money Release there’s never any pressure to proceed and no-obligation to commit to anything!
Money Release Limited is registered in England No. 09332792. Registered office: Harwood House, 43 Harwood Road, London, SW6 4QP.
Money Release Limited is authorised and regulated by the Financial Conduct Authority. FCA registered number 679004.
Equity release is not right for everyone and may involve a lifetime mortgage or home reversion plan. To understand the features and risks ask for a personalised illustration.
The content of this website is provided for information purposes only. Nothing within this website should be construed as investment advice and should not be relied upon.
The information contained within this website was obtained from sources believed to be reliable but no guarantee is given to its accuracy and completeness. Money Release Limited is under no obligation to update, modify or amend the information and it does not accept any liability for any loss or damage, however caused, arising from any errors, omissions, or reliance on any information or views contained in this website.