Equity Release Schemes - Find out if you qualify today!

Despite a recent fall in property prices, there is still a good chance that your home remains your biggest asset, and is worth considerably more than you paid for it. Equity release gives you the flexibility to turn some of the equity that you may have tied up in your property into cash, which can then be spent on anything you choose.

Age Partnership is the UK's leading over-the-phone advisor in equity release, and the only specialist to provide equity release advice for a leading UK charity for the elderly. It is our job to help you to understand whether equity release is your best option.

We are able to access you plans from the across the whole of the equity release market, thereby ensuring that you find the equity release solution that best meets your needs. What is more, we are pleased to have negotiated a number of special, preferential plans, from leading providers such as Just Retirement, LV=, Aviva and more, which can save you money in the form or reduced set-up costs or lower interest rates.

In order to qualify for an equity release scheme, you must be a homeowner and over the age of 55. To find out whether you qualify to release equity and if so how much, why not use the interactive equity release calculator to the right of this page'

Alternatively, speak to one of our fully qualified and experienced advisors on freephone 08080 555 222 . We're happy to provide a full written recommendation without any obligation to help you understand what equity release could mean for you.

A lifetime mortgage enables you to release a lump sum of cash, with no obligation to make repayments. Interest accrues on the amount that you release, with the amount outstanding paid off once the last surviving homeowner either passes away or moves into long-term care. Lifetime mortgages can be ideal if you require a lump sum for such things as home improvements, helping out the family or paying off expensive debs such as credit cards or personal loans.

The funds released with a lifetime mortgage are tax free and you continue to own your home 100%, thereby ensuring that you will benefit fully from any future increases in value of the property.

To find out how you might benefit from releasing equity with a lifetime mortgage contact the equity release team at Age Partnership for advice on the best plan to suit your requirements. Alternatively read more about lifetime mortgages.

We will help you to understand all of the facts on equity release, including the impact on your estate over time and whether your entitlement to means-tested benefits could be affected.

The drawdown operates like a standard lifetime mortgage, but the funds can be released flexibly, over time, as and when you need them. Because you only pay interest on the amount that you have taken, this can save you money in the long-term.

Equity release in the form of a drawdown lifetime mortgage has grown in popularity since its inception, as these plans offer an initial lump sum to meet your immediate needs, whilst providing the peace of mind that comes from having funds available to you in the future, should you require them.

If you would like to find out more about drawdown lifetime mortgages, contact the equity release advisors at Age Partnership to discuss which plan will suit your needs best or visit the drawdown lifetime mortgages section of the website.

With a home reversion plan you can generally release more money than with a lifetime mortgage or drawdown lifetime mortgage. A home reversion plan allows you to sell some or all of your home and receive a lump sum payment to spend as you choose. No matter what proportion of your home you sell, you can remain living in the property, rent-free, until you decide to move on or you pass away.

As with all equity release schemes, we recommend that you speak to a specialist, whole-of-market equity release advisor such as Age Partnership before deciding upon a scheme.

Contact the equity release experts at Age Partnership to discuss the most suitable plan for your needs or call 08080 555 222 24 hours a day to speak to an advisor. Alternatively find more information in the home reversion plan section of the site.