Equity release lets homeowners aged 55+ unlock tax-free cash from their property without moving. Enter your age and home's value to estimate the maximum you could release — and see how roll-up interest grows the debt over time.
Lifetime mortgage · indicative only
The most common form is a lifetime mortgage: a loan secured against your home that you don't have to repay during your lifetime. You keep ownership and can stay for life. The maximum you can borrow depends mainly on your age and your property's value — older borrowers can release a larger percentage.
| Age | Typical maximum release |
|---|---|
| 55 | ~25% of value |
| 65 | ~35% of value |
| 75 | ~45% of value |
| 85+ | ~55% of value |
Equity release is heavily regulated by the FCA, and you must take advice before proceeding. It can affect means-tested benefits and your inheritance, and alternatives — downsizing, a retirement remortgage, or using pension savings — may suit you better. Look for plans approved by the Equity Release Council. This tool is an indicative guide only, not a recommendation.
It depends on age and value — roughly 25% at 55 rising to over 50% in your 80s. The older you are, the higher the percentage lenders will offer.
Normally 55+ for a lifetime mortgage and 60+ for home reversion. The minimum property value is usually around £70,000.
You make no monthly payments; interest is added to the loan and compounds, so the debt can roughly double every 11–15 years. It's repaid from the property when you die or move into care.
It can. Releasing cash may push you over the savings limits for means-tested benefits like Pension Credit. A regulated adviser will check the impact before you proceed.
