Equity Release Calculator

Are you aged 55 or over? If so fill out the form below to instantly find out how much equity you can release.

What is a Lifetime Mortgage (Roll-Up)?

A lifetime mortgage is a form of equity release where a loan is secured against your property to provide you with a tax free cash lump sum or a regular income to spend as you wish, with no monthly repayments to meet.

Interest is added to the lifetime mortgages loan throughout your lifetime, accruing at a fixed or variable rate. The loan plus interest is eventually paid back when the home is sold, usually when you move into long term care, or when you and your partner die. You can typically release between 20-56% of the value of your home with a lifetime mortgage, depending on your age. The minimum age is 55.

Advantages of a lifetime mortgage

Disadvantages of a lifetime mortgage

The Lifetime mortgage has become a highly popular form of equity release over the past few years, prompting many providers to offer a variation of a lifetime mortgages called a drawdown plan which allows you to release equity as and when you need to, rather than taking a lump sum. You can get an idea of how much equity you could release with a lifetime mortgage by referring to our equity release calculator.

To find out more about equity release:

Why not check out our equity release calculator and find out how much cash you could release from your home.