Providing the best equity release deals since the beginning!
Bannerlarge

National Equity Release Pension Conference

Do I Have to Sell My Property to Take Out an Equity Release Plan

A great many people are unsure of how they can leverage the equity which is locked in their home. In the past many retired people were forced to sell their property and down size to a smaller and less expensive home in order to gain access to these funds. Many people worry about equity release schemes and whether they would need to sell their home in order to take out a scheme or plan. While there is a great deal of information and advice on selling your property, there is less information about equity release, so here is a basic guide to equity release.

What is an equity release scheme?
Equity release schemes have been around for many years. While many people will provide advice on selling your property to release the equity which is tied up in the home, equity release plans allow you to access these funds without needing to sell the home.

The process is fairly simple, the equity release company collates information including your age, gender and market value of your property to assess the amount of equity available and the estimated duration of the scheme. Equity release schemes have been designed to be lifetime products, so the company will use national statistics to estimate your potential lifespan including your age, gender and state of health. The minimum age for equity release is fifty five and in cases of joint applications, the age of the youngest party is the one used for the calculations.

Generally, you will find equity release schemes will allow you to release thirty to fifty percent of the equity in your home. This equity is determined by taking the balance of any existing mortgage or secured loan from the market value of the home. The amount of equity release is determined by your potential lifespan, with younger people being offered a smaller percentage of equity release.

Why can I not release the full amount of equity?
The main reason for this is that unlike many other financial products, equity release schemes generally require no form of monthly payment. Instead the interest incurred by the loan is compounded on to the balance. The equity release company needs to ensure that there is sufficient equity in the home to cover the initial loan and the amount of interest which will be compounded over the duration of the scheme. This balance can increase dramatically over the years and it will double approximately every eleven years, hence why you cannot generally release more than fifty percent of the equity in the home.

The balance of the loan is only due to be repaid after the home owner has passed away or taken up permanent residence in a care facility. At this stage, the home will be sold and the proceeds used to settle the balance of the loan, with any remaining funds distributed to the beneficiaries of the estate in the normal manner.

So, I don’t need to sell my home?
With equity release, there is no need to sell your home. You would retain the right to live in the property for the remainder of your lifetime. However, it is a serious financial commitment and it is worth exploring your other options fully before committing to a plan. It can be a good idea to seek advice on selling your property to determine whether downsizing would present a better option for you financially. Many equity release schemes have severe early repayment penalties which are applied should you decided to sell the property at a later date. However, if downsizing is a possibility, there are some plans which offer the flexibility to port the plan to another property should you decided to move home.

Taking the next step
It is important to explore all your options and research the possible equity release solutions. There are a number of online tools including calculators which can provide tailored illustrations of schemes which could potentially suit your circumstances. However, these tools cannot replace the expert guidance of professional and experienced equity release advisers. These advisers will be able to help you explore the alternative options and assist you in locating the deal which is best suited to your needs.

If you are interested in equity release and have explored some of your other options including taking advice on selling your property, it is worth taking some time to research the available options open to you. The online tools and equity release adviser guidance can provide invaluable assistance and help you gather all the information needed to make an informed decision as to whether equity release is the best possible solution for your needs. This will then allow you to proceed confident in your decision.


Your life is about to get better..

  • Equity Release Plans Online
  • An Easier Retirement
  • Various Equity Release Solutions for Pensioners
  • Discover the bounty that lies beneath equity release
  • A Brief History on the Growth of Equity Release
  • Brighten up your financial portfolio with equity release
  • Why property owners should request an equity release guide
  • Get True Value from your Investment
  • Can I get an online equity release quote?
  • Make your home sparkle today
  • How Drawdown Equity Release Schemes Can Help Your Building Project
  • Evaluate Different Equity Release Plans Before You Invest In Any
  • Equity release tips for the financially savvy
  • Different types of annuity
  • Understanding the Costs of Care for the Elderly in Their Own Home
  • Assessing your ability to pay for Long Term Care
  • Charitable Funding for UK Care Fees
  • How Care Fees Can be Affected by Rules Governing Deprivation of Capital
  • Where can Carers Turn for Help in Providing Long Term Care for the Elderly?
  • Paying for Your Long Term Care in Scotland
  • The Provision of Elderly Care
  • Legal Reassurance for Those in Elderly Care
  • Government Proposal to Secure Long Term Care Fees on Your Home
  • How The Dilnot Report Affects Long Term Care
  • Can You Reclaim the Cost of Residential Care?
  • The Regulation of Long Term Care Homes
  • Is the Government Finally Going to Change Legislation on Elderly Care?
  • Home loans to help pay for elderly Long Term Care
  • Deadline Looming to Reclaim Entitlement to Care Home Fees
  • Is the Social Care Insurance Scheme the answer to care costs?
  • The Purchase of a Care Plan can Help Protect your Beneficiaries
  • Financial and Elderly Care Assessments
  • How Your Home is Affected by the 12 Week Property Disregard
  • Local Authority View on Deliberate Deprivation of Assets
  • Point of Care Long Term Care Annuities
  • Pre Funded Long Term Care Insurance Products
  • Using Investments to Pay for Residential Care
  • Long Term Dementia Care
  • Using Your Property to Pay for Elderly Care
  • How to Survive Being a Carer for the Elderly
  • What are the typical costs for providing Care for the elderly
  • Interest Only Lifetime Mortgage
  • Home Reversion Plan Calculator Your most important tool
  • The Lifetime Mortgage Explained
  • Your Annuity Options in Retirement
  • How Poor Health Can Enhance Your Lifetime Mortgage
  • With the enhanced lifetime mortgage, poor health is your advantage
  • Use An Impaired Equity Release Calculator Today
  • Who are the Best Annuity Providers?
  • How Can Your Lifestyle Impact on Your Annuity Rate?
  • Do You Qualify for an Enhanced Annuity?
  • Alternative Annuities: Are They More Flexible for Income in Retirement?
  • Questions to Ask Yourself Before Committing to Purchase Your Annuity
  • Equity Release in the UK Property Market
  • Where do I Find the Right Equity Release Schemes for my Parents?
  • Equity Release Calculator
  • What is the Role of the Equity Release Solicitor and Do They Offer Advice?
  • Annuity Products Guide
  • Choosing the Right Equity Release Scheme
  • An Equity Release Calculator Can be so Helpful
  • When Ill-Health Can Prove an Advantage
  • Basics of buying an Annuity.
  • Can I Remortgage My Old Equity Release Scheme?
  • Raising Standards of Advice in the Lifetime Mortgage Market
  • If Looking Towards Retirement Finance an Equity Release Calculator Might Present a Solution
  • How Long Does an Equity Release Application Take from Start to Finish?
  • The Alternatives to Releasing Equity
  • Advice on Which Equity Release Schemes Have No Early Repayment Charges
  • Retirement Home Plan Reviews Help Understand Lifetime Interest Mortgage
  • Accurate Equity Release Calculator
  • What is a Drawdown Equity Release Scheme and What are its Advantages?
  • What are the Advantages and Disadvantages of the Stonehaven Interest Select Lifetime Mortgage Plan?
  • Does a Buy to Let Interest Only Mortgage Still Need a Repayment Vehicle?
  • What are My Interest Only Lifetime Mortgage Options on Reaching Retirement?
  • Can Interest Only Mortgages Survive the Recent Cull Delivered by the FCA and Mortgage Providers?
  • Should I Choose a Fixed or Tracker Interest Rate on My Equity Release Plan?
  • Where Can I Find Information on Halifax Retirement Mortgages
  • What Are the Lowest Equity Release Interest Rates
  • How Can Equity Release Mortgages Help with Debt Management Plans
  • Do I Have to Sell My Property to Take Out an Equity Release Plan
  • Life Mortgages Equity Release Home Reversion Market Needed
  • What are the Key Retirement Solutions to a Successful Retirement
  • How Can the Retirement Mortgages and Equity Release Schemes Help the Baby Boomer Generation
  • Why Do Equity Release Companies Value Houses Lower than they are Really Worth?
  • Benefits of Using an Online Lifetime Mortgage Calculator
  • Handling the Legal Affairs of an Equity Release Application
  • Knowing the True Value of Equity Release in Your House
  • How to Calculate Compound Interest
  • How Long Does a Typical Equity Release Application Take
  • Hodge Shared Growth Option Revealed
  • The Differences Between Lifetime Mortgage and Drawdown Lifetime Mortgages
  • How Does the Stonehaven Interest Only Lifetime Mortgage Differ from Equity Release?
  • The dangers that are Associated with a Drawdown Lifetime Mortgage
  • Fresh Competition From Hodge Lifetime in the Interest Only Lifetime Mortgage
  • Companies Offering Attractive Equity Release Products
  • Can the Man From the Pru Offer Equity Release to the Over 60s
  • Choosing Your Equity Release Mortgage
  • Are More Lenders Offering Interest Only Lifetime Mortgages?
  • How Do Retirement Mortgage Lenders Calculate How Much You Can Borrow?
  • Why are Mortgage Lenders Still Risk Averse?
  • How Stonehaven Helps You to Fund the Education of Your Children
  • How Do I Calculate Whether I Can Borrow Extra Cash From My Prudential Equity Release Plan?
  • All you Need to Know about Home Reversion Plans
  • Determining How Much Money can be Obtained from Home Reversion Plans
  • Is Home Reversion Becoming a Dinosaur?
  • The Value of Equity Release Calculators
  • Using a Lifetime Mortgage or Equity Release Calculator
  • What to Know when Choosing Best Equity Release Interest Rates
  • Equity Release Solicitors are Needed to Complete the Equity Release Process
  • Legal Viewpoint of the Lifetime Mortgage Application Process
  • Just 5 of the Ways to Show how Highly Protected the Equity Release Marketplace Now is
  • Necessarily Come With the Lowest Interest Rate?
  • Equity Release - a Guaranteed Source of Income
  • Keep up to date with important Equity Release News
  • The Most Frequently Asked Questions Surrounding Equity Release
  • All You Need To Know About Equity Release Schemes
  • Getting Guidance on the Best Equity Release Provider Scheme
  • Take a Closer Look at Home Reversion Schemes
  • What is the Formula to Calculate the Maximum Equity Release?
  • Choosing the Best Equity Release
  • All about Equity Release Schemes
  • Business Needs to Take Note of the New Equity Release Schemes in Town
  • Protecting Your Inheritance with an Interest Only Equity Release Scheme
  • Equity Release Schemes - Key Retirement Solutions
  • Debt Consolidation Using Equity Release Schemes
  • Determining Which Equity Release Plan is the Right One
  • How to Determine the Best Equity Release Schemes
  • What Are The Typical Costs to Set Up an Equity Release Mortgage?
  • How does SHIP (Safe Home Income Plans) Provide Protection to Equity Release Customers?
  • What are the Benefits of Taking Out Life Cover on an Interest Only Lifetime Mortgage?
  • Life Insurance protect the Retirement Home Plan Interest Only Lifetime Mortgage
  • Understanding Some Important Facts About Halifax Equity Release
  • The Benefits of Having a Mortgage in Retirement
  • What Do Mortgage Lenders Mean By Interest Only?
  • The Financial Conduct Authority¬ís (FCA) Mortgage Crackdown on Interest Only
  • What is an Interest Only Mortgage?
  • Finding the Best Home Reversion Schemes for You
  • Why Have Home Reversion Plans Become So Unpopular?
  • Can Home Reversion Plans Keep Up With the Modern Day Lifetime Mortgage?
  • Why You Should Consider Equity Release Schemes
  • Financing Home Improvements with Equity Release Schemes
  • Know More about Equity Release Schemes
  • An Introduction to Stonehaven Equity Release Schemes
  • Home Reversion Plans - A Release of Equity
  • Advantages of Remortgaging Your Old Equity Release Plan
  • An Equity Release Loan Can Pay Your Bills
  • What is Equity Release: Understanding the Basics
  • What is the Maximum Equity Release I Can Raise?
  • Can Loans and Regular Commitments Affect Equity Release Borrowings?
  • Why Prudential Equity Release Remains a Lifetime Mortgage Lender
  • Using an Equity Release Calculator
  • How Much Equity Can Be Released with a Lifetime Mortgage
  • The Virtues of Using a Lifetime Mortgage Calculator
  • How an Equity Release Calculator Can Speed Matters Up
  • Use an Equity Release Calculator UK for Quick Results
  • Calculating How Much Money You Can Obtain from an Equity Release Plan
  • Determine Your Cash Amount with an Equity Release Calculator
  • Equity Release Compound Interest Calculator
  • How Equity Release Calculators can Help You to Determine if You Can Afford a Property
  • Upon Down Valuation: You Will Need to Revisit Your Equity Release Calculations
  • How to Figure Out the Equity Release Value Available to You
  • Calculating the Maximum Equity Release Amount Possible
  • Increase Your Knowledge with a Lifetime Mortgage Calculator
  • Calculate the Maximum Release of Equity From Your Home
  • Why an Equity Release Calculator is Important
  • Interest Only Mortgages Basics
  • How Does the Halifax Retirement Home Plan Mortgage Work in Practise?
  • Plan Ahead for Your Retirement with a Halifax Equity Release Scheme
  • Halifax Retirement Home Plan: An Equity Release Scheme to Safeguard Your Future
  • Equity Release Mortgages Boosted By Poor Health
  • You Have the Capacity to Switch and Remortgage Equity Release Schemes
  • The Virtues of Stonehaven Equity Release Plans Currently Available
  • Stonehaven Interest Select Scheme Allows Pensioners in Manchester to Purchase a House
  • Available Equity Release Schemes
  • Benefits of an Equity Release Mortgage
  • Two Different Sides to an Equity Release Mortgage
  • Your Guide to Equity Release Mortgage
  • A Unique Lifetime Mortgage from Stonehaven
  • Stonehaven Requires Some Form of Property Insurance
  • Are Stonehaven the Only Company Offering a Retirement Mortgage Plan?
  • The Concept of Equity Release Schemes
  • The more2life Interest Choice Plan Can Help Your Children in More Ways Than One
  • Interest Only Lifetime Mortgage Plans
  • Is the Halifax Retirement Home Plan Still Available?
  • Interest Only Lifetime Mortgage Schemes
  • Retirement Magazines Offer a Wealth of Information on Equity Release Schemes
  • How Equity Release Schemes Help Over 55s Improve Their Homes
  • Statistics Show that Equity Release Schemes are Here to Stay
  • Variety Required for Equity Release Schemes to Find the Key to Market Success
  • Basic Understanding of Equity Release Schemes
  • Equity Release Schemes - Introduction to the Various Types
  • The Information Superhighway Now Empowers Equity Release Plans
  • Make the Most of a Lifetime Mortgage Calculator
  • The Enduring Popularity of Compound Interest
  • Use an Equity Release Mortgage Calculator Before You Buy
  • Benefits of an Equity Release Mortgage
  • The Home Equity Mortgage is Coming to Town
  • Equity Release Mortgage Set Up Costs
  • Equity Release Mortgages Boosted by Poor Health
  • The World of Equity Release Mortgages
  • Two Different Sides to an Equity Release Mortgage
  • Your Guide to an Equity Release Mortgage
  • How Does a Home Equity Mortgage Work?
  • Equity Release Loans can Consolidate Your Debts
  • Find the latest Lifetime Mortgage Deals
  • The Best Equity Release Deals are Just One Click Away
  • Lifetime Mortgage Deals
  • Getting the Real Deal on Equity Release
  • Sourcing the Best Equity Release Deals
  • Youre on to a Winner With the Latest Equity Release Deals
  • Interest Only Mortgages for Individuals Over 55
  • Paying Off a Current Mortgage with an Interest Only Mortgage
  • Equity Release Mortgage Set Up Costs
  • Benefiting From an Interest Only Mortgage After Age 60
  • What is an Interest Only Mortgage?
  • A Look at Interest Only Mortgages
  • The pros and cons of an Interest Only Lifetime Mortgage
  • What Options Do I Have to Pay off an Interest Only Mortgage?
  • Interest Only Mortgages Help Us Finance Our Housing Dream
  • Why Arent More People Considering a Pensioner Mortgage?
  • Threat for Pension Mortgage Holders
  • Do Halifax Still Offer Mortgages for People in Retirement
  • Why Retirement Mortgages Look Good for the Future
  • The Difficulties of Obtaining a Mortgage in Retirement
  • Mortgage in Retirement
  • Can a Pensioner Still Get a Retirement Mortgage?
  • How to Find a Mortgage for Someone Aged 60 Plus
  • Where Can I Obtain a Pensioner Mortgage to Help Purchase My New Retirement Home?
  • Factors to Consider before Taking a Mortgage into Retirement
  • The Scary Term: Mortgage in Retirement!
  • Surely I Cannot Have a Mortgage in Retirement?
  • The Value in Mortgages for Pensioners
  • Market Review of the Stonehaven Interest Select Lite Plan
  • Consider an Interest-only Lifetime Mortgage
  • A Lifetime Mortgage for Retirement
  • Interest Only Lifetime Mortgage Inheritance Protection
  • Understanding a Lifetime Mortgage or also known as a Reverse Mortgage
  • All Lifetime Mortgages Explained
  • Releasing Equity for Mobility with Lifetime Mortgages
  • The Definition and Types of Lifetime Mortgages
  • Lifetime Mortgage Explained
  • Dont Be Afraid to Ask a Question about Your Lifetime Mortgage!
  • Time for a Lifetime Mortgage Review
  • A Lifetime Mortgage to Release Equity
  • How Your Health Can Affect a Lifetime Mortgage
  • Which is the Best Lifetime Mortgage product?
  • Get the Latest Lifetime Mortgage Rates Now
  • Why Should You Choose an Equity Release Lifetime Mortgage
  • Compare Lifetime Mortgages
  • Will UK House Prices Fall Because of Brexit?
  • What is a Financial Introducer?
  • Drawdown Equity Release
  • Best equity release interest rates 2.96 with One family Lite Plan
  • Is equity release safe?
  • Buy To Let Second Home Equity Release
  • Equity release for pensioners in retirement
  • Plan for retirement with better rates of Equity Release
  • Equity Release Calculator
  • Compare Equity Release
  • Equity Release rates
  • Compare the equity release market
  • Compare Drawdown Mortgages
  • Equity Release Mortgage providers
  • Compare Home Reversion Mortgages
  • Benefits of equity release
  • Calculate the equity in my home
  • reverse mortgages calculator
  • Best home revision plan with under 3 percent interest rates

  • Contact


    Our clients are satisfied with their new lives!

    National Equity Release Pension Conference, Bath Street, Bakewell, Derbyshire, DE45 1BX.

    You can also contact us by phone , or you can send us a message here: