Use our instant equity release calculator below to see how much you could release and also receive our free Reader’s Digest Guide to equity release.
Equity release comes in two main forms – Lifetime Mortgages and home reversion plans. At Reader's Digest Equity Release we only advise on Lifetime Mortgages as with a Lifetime Mortgage you retain full home ownership.
With a Lifetime Mortgage, unlike other forms of equity release, you can release tax-free cash from your home whilst retaining full ownership of your home, and without having to commit to making monthly repayments.
Interest is charged on the amount released, with interest rates typically fixed for life. If you do not choose to make repayments over the course of the loan, then the amount borrowed, plus interest is simply repaid when the survivor dies or goes into long-term care, often via the sale of the property.
Unlocking value from your home will impact the value of your estate and could affect your entitlement to means-tested benefits. Therefore, it is vital that you receive professional advice before releasing equity. Our advisers will talk you through this at your own pace and help you choose the best plan for you and your circumstances.
From our initial meeting to completion Kevin Hurlow was there for us at every stage. No pressure just excellent advice. Thanks to Kevin we were able to move into our cottage and carry out the necessary work. Aga now on order Kevin!!
Really impressed with the service from this company. I had a really excellent adviser, Neil Budd, who was so helpful & informative. I will certainly contact him again if I need help in the future.
From start to finish Andy English was a pleasure to do business with. He was clear and positive with all his information and we would not think twice to recommend him and his company to anyone else.
We have carefully selected a range of products that our advisers will compare for you. With lenders approved by the Equity Release Council and flexible features prioritised throughout, we’ve designed this selection of products to offer great value for you and your family, both now and in the future.