If you’re aged 55 or over and own your home, you could have thousands – even hundreds of thousands – of pounds locked away in its value. Equity release is a way to access that money without having to sell up or move out, giving you the financial freedom to enjoy retirement on your terms.
With the right advice, equity release can:
Equity release is the process of unlocking some of the value in your home while continuing to live there. You can take the money as a tax-free lump sum, a series of smaller withdrawals, or a combination of both. There are two main ways to release equity in the UK:
The most popular form of equity release, where the loan and interest are repaid when you pass away or move into long-term care.
You sell part or all of your home to a provider in return for a lump sum or regular payments, while retaining the right to live there. (We focus on Lifetime Mortgages and other later life lending options.)
We provide a full range of borrowing solutions tailored to over-55s, so you can choose the product that best fits your needs:
Equity release can be a powerful financial tool, but it’s important to understand how it could affect your inheritance, benefits, and long-term plans.
Our specialist advisers can guide you through your options, explain the pros and cons, and help you choose the most suitable solution.
Discuss your needs, plans, and any concerns with one of our qualified advisers.
We provide a tailored equity release illustration, showing how much you could release, interest rates, costs, and effects on your estate.
We explain all options, including alternatives to equity release, to ensure you make an informed choice.
We manage your application, helping gather documents and handling communication with the provider.
You must receive independent legal advice to protect your interests and ensure you fully understand your contract.
Your property is valued by the provider. If approved, you’ll receive an offer outlining all terms and conditions.
After legal checks and final sign-off, your funds are released to your bank account for you to use as you wish.
We’re here for annual reviews, future questions, and support for your family or estate if needed.
Homeowners aged 55 or over with a property worth typically £70,000 or more in the UK.
With a lifetime mortgage, yes—you remain the legal owner. With a home reversion plan, you sell a share to the provider but retain the right to live in your home for life.
Many equity release products are “portable,” meaning you can transfer the loan to a new property (subject to lender approval).
Equity release will reduce the value of your estate and the amount you can leave to your heirs. We’ll discuss ways to protect a portion of your property value if this is important to you.
Yes! We’ll discuss other options, including downsizing, retirement interest-only mortgages, or borrowing from family, to ensure equity release is right for you.
Taking cash could impact means-tested state benefits. We’ll provide full guidance based on your situation.
Absolutely. All equity release advice and products we recommend meet strict FCA regulations and Equity Release Council standards for your protection.
Before you apply for equity release, make sure you have all the essentials in place.
Confirm you are at least 55 years old and you own your home, Check your property meets lender criteria, estimate your home’s value and remaining mortgage balance (if any) and how much money you need
Gather information on your income, pensions, savings, and any debts Consider how equity release may affect your future budget Review possible impact on means-tested benefits
Discuss your plans with close family members or potential heirs Think about whether you want to protect part of your home’s value for inheritance Update your will or estate planning if necessary
Book a free equity release consultation with FPM Advice Centre, Explore all alternatives (downsizing, retirement mortgages, etc.), Compare both lifetime mortgage and home reversion plan options
Prepare identification documents , Gather your current mortgage statement and property deeds Prepare information on your home, such as age, construction, and any alterations
Appoint a solicitor experienced in equity release Arrange for an independent property valuation Review your offer letter and all key terms with your solicitor
Receive your tax-free lump sum or set up a drawdown facility, Use your funds as planned, Keep documents and annual statements safe for future reference, Arrange annual reviews with your adviser
Don’t let your home’s value go untapped – find out how equity release could work for you today.
