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What is equity release?

Equity release is, in a nutshell, a way to unlock the value of your property and turn it into cash which lets you access – or 'release' – the equity (cash) tied up in your home, if you're 55+. The most popular type of equity release is a lifetime mortgage, which is a loan secured against your home. You can release the money as a single cash lump sum or in several smaller amounts following an initial lump sum.

To compare the market, cashbacks and maximum releases available from all the UK’s leading equity release companies, complete our simple form.