Equity release schemes

How do equity release schemes work?

Equity release schemes allow you to release cash from your home to spend how you choose, with typically no monthly repayments to make. There are a range of equity release schemes available on the UK market and all come with their own benefits and drawbacks. With so many options available, how do you know which one to choose?

If you are considering equity release as your next financial move, it is always a good idea to read up on the different types of equity release schemes so you understand more about how they work.

You can do this either through our website literature or alternatively by requesting a free equity release guide, which we will post straight to you. Having a bit more understanding of the product will allow you to ask your adviser more questions if you do decide to go ahead and book a free no-obligation initial appointment with one of our expert equity release advisers.

Lifetime Mortgages

Lifetime mortgages allow you to release a cash lump sum from your home to spend how you wish, with typically no monthly repayments to meet.…read more

Drawdown Lifetime Mortgages

Drawdown lifetime mortgages have been designed to accommodate those who don’t need to release a large cash lump sum at the outset.…read more

Interest-Payment Lifetime Mortgages

An interest-payment lifetime mortgage works on the same basis as a lifetime mortgage, however this time you are able to make regular payments on the interest that accrues over the lifetime of the loan.…read more

Home Reversion Plans

A home reversion plan allows you to sell all or part of your home to a reversion company in exchange for a cash lump sum.…read more

Enhanced Lifetime Mortgages

Based on your health and lifestyle choices, enhanced lifetime mortgages are a way of maximising the cash you can release from your property.…read more

Learn more from an equity release adviser

Book a free no-obligation initial appointment with one of our specialist equity release advisers today to find out more about these schemes. Your adviser will be able to explain to you in more detail the benefits and drawbacks to the individual plans and whether it is suitable for you.

They will also be able to give you access to some of our exclusive equity release offers that we have successfully secured with some of the leading equity release providers in the UK. All of these offers you can’t get if you went directly to the provider so call today to find out more on 0800 531 6027.

All our advisers at Key go through extensive training to ensure they are fully qualified to advise on all equity release schemes with accuracy and confidence. We’re the only equity release advisers to have such a thorough training programme that has been accredited by the Institute of Financial Services, School of Finance.

If you are considering equity release, we recommend that you read through is it right for you? carefully.