Free tool
Equity release calculator
See an indicative amount you could release from your home with a lifetime mortgage, and how the loan could grow over time if interest rolls up.
How much can you release?
The amount depends mainly on the age of the youngest homeowner and the value of the home. Some lenders offer more if you have certain health or lifestyle conditions. Any existing mortgage must be repaid from the money released.
Important information
Equity release may involve a lifetime mortgage or a home reversion plan. It will reduce the value of your estate and may affect your entitlement to means-tested benefits. To understand the features and risks, ask for a personalised illustration.
Talk to an adviser
Book your free first meeting
No obligation. We’ll listen, explain your options and only recommend what’s right for you.
Related
You may also be interested in
Equity release
Understand whether releasing money from your home is right for you, and the alternatives.
Find out more
Care cost calculator
How long savings and your home could pay for care before council help starts.
Find out more
Remortgage calculator & reminder
See what you could save by switching before your deal ends, and set a free reminder.
Find out more
Q&A
Questions & answers
Do I still own my home with equity release?
With a lifetime mortgage, yes. You keep ownership and can live there for life, provided you keep to the terms.
Can I repay some of the interest?
Many plans allow voluntary repayments, often up to 10 percent of the amount borrowed each year, without early repayment charges.
Is equity release right for me?
It suits some people but not others. We always look at alternatives first, such as downsizing, a retirement interest-only mortgage or using other savings, and we encourage you to involve your family.
Your first meeting is free
Talk to an independent financial adviser in St Albans. Call 01727 223251 or send us a message.