Can I release money from my home?
Yes – if you're aged 55 or over, and you own a home in the UK that's your main residence, it is normally possible to release cash from it without needing to move house. This is known as equity release. There are two types of equity release: lifetime mortgage and home reversions. Lifetime mortgages account for 99% of all equity release sales, and put simply, is a way of tapping into the money in your home if you don't want to sell it.
Equity release isn't for everybody, but for some people it can be a great way of providing a lump sum or some extra income in retirement without the hassle and disruption of moving. We offer a number of Lifetime Mortgage products designed with you in mind: find out more here.
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