Top up your equity release plan
Apply to top up your equity release plan
Have you released equity from your home?
Would you like to receive more money by topping up your equity release plan to enjoy a few holidays or update your car?
Depending on your equity release provider you could be eligible to apply for a top up to boost your income again. Key Retirement Solutions independent advisers can also tell you whether you could benefit by changing to a more competitive equity release plan.
Topping up your lifetime mortgage
If you released cash from your home using a lifetime mortgage, you could apply to increase the loan, but why stop at just getting extra cash?
Interest rates on lifetime mortgages were much higher 5 years ago than they are today so your adviser will be able to tell you whether you could swap to an equity release plan with a lower interest rate. There’s also a much wider range of lifetime mortgages available nowadays and you could even opt for a lifetime mortgage with a drawdown facility.
Most lifetime mortgages come with the facility to be topped up in the future, however the ability to top up is not always guaranteed. One of our independent advisers will be able to tell you whether you could top up and will handle all of the paperwork and application on your behalf. If you swap plans our dedicated customer services team will take the hassle out of the transaction by looking after it for you from start to finish to make sure everything goes ahead smoothly.
To find out whether you could top up or swap plans call us on FREEPHONE 0800 531 6027 and ask to speak to an equity release adviser.
Topping up your reversion plan
If you released equity from your home with a reversion plan you can apply to exchange a further percentage of your property as long as you haven’t already exchanged 100% of its value. As part of our service we’ll take the hassle out of your application by contacting your provider on your behalf and helping to complete all of the paperwork. We’ll also talk to your provider and solicitor to try to speed things along so that you receive your cash as soon as possible.
Find out whether you could release more cash from your home by calling us on FREEPHONE 0800 531 6027 and ask to speak to an equity release adviser.
This is an equity release plan. To understand the features and risks ask for a personalised illustration.