How does an equity release calculator work?
An equity release calculator will work out how much cash you could potentially release based upon your property value as well as the age of you and your partner (if a couple). In theory, the older you are the more you may be able to release from your home. It is important to remember that an equity release plan works on the age of the youngest, if a couple, so when completing the form, make sure you type in the lowest age.
To be eligible for equity release you must be over 55 and own a property worth at least £70,000 in the UK. There are also plans available which take into account your health and lifestyle choices and could see you potentially release more cash. Our dedicated equity release advisers will be able to talk you through this type of plan and tell you whether you are eligible.
At Key there is never any pressure to proceed and no obligation to commit to anything. You literally have nothing to lose when using our equity release calculator! So don’t delay and use our equity release calculator today.
If you are considering equity release you should read through is it right for you? carefully.
This is an equity release plan. To understand the features and risks ask for a personalised illustration.