Frequently asked questions

What is Equity Release?

Equity release is where you can release money from your property without having to move or sell your house. You can access the fund as a lump sum or set up an equity release drawdown facility depending on what type of plan you choose. There are no monthly repayments, the interest rolls up and is only payable when the property is sold.With all Equity Release Council approved plans there is a ‘no negative equity guarantee’ which means you and your family will never owe more than the value of your home.Home equity release can be an ideal way of supporting yourself in later life or simply used to give your bank balance an extra cash boost!