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Information on equity release from Key Retirement

Equity release

From repaying your existing mortgage to taking care of your family, there are lots of different ways to have a successful retirement. But one thing you can’t get away from is the need for flexible finances that let you do the things you love.

We're helping thousands of people to unlock some of the cash in their home and improve their lives. If your finances are being squeezed, or you're looking for a way to make more out of your retirement, then your home could help.

An equity release plan allows you to release some of the money tied up in your home, in the form of tax-free cash. This money can be used however you wish, enabling you to pay off your existing mortgage, make home improvements, gift your family a living inheritance... or find your own way to turn retirement into something special. 

Understanding equity release

Equity release is available for homeowners aged between 55 and 95, with a property worth at least £70,000. It enables you to release some of the equity tied up in your house as cash that you can spend however you wish.

  • There are many different features designed to protect you and help you make the most of your equity release. This includes inheritance protection to help you guarantee an inheritance for your family, and a no negative equity guarantee so that you never owe more than the value of your home
  • The most popular type of equity release plan is a lifetime mortgage, which allows you to remain the owner of your home. A lifetime mortgage is a loan secured against your home
  • The money released using a lifetime mortgage can be taken as a one-off lump sum, or as part of a drawdown plan. With a drawdown plan you can release additional money in stages, and only pay interest on the amount that you actually release
  • Your adviser will help to find the right plan for you
  • Key can also arrange and advise on home reversion plans, which involve selling all or part of your property for a lump sum
  • Equity release will reduce the value of your estate, and may also affect your entitlement to means-tested benefits
  • Unless you decide to go ahead, our service is completely free of charge as our typical advice fee of 1.95% of the amount released would only be payable on completion of a plan

We're here to help you make an informed decision

Our needs are all different, get help choosing the right plan

Want to know more about how equity release could help you?

How much could you release?

You can find out instantly how much cash you could release by using our free no-obligation calculator.

Calculate cash


Lowest Rate Promise


Best Equity Release Rate Guarantee
Our Lowest Rate Promise is designed to find you the lowest applicable equity release rate on the market.

If we cannot beat or match the rate from another provider we will pay you £500!*

*If you've already had equity release quotes from providers or advisers, arrange a consultation, give us the same criteria and we'll beat or match their rate or pay you £500! Our challenge only applies when you've had a consultation with Key, and to ERC approved plans available at the time of your recommendation from Key.

lf you are considering equity release we recommend that you read is it right for you? carefully.

Key promise

Customer satisfaction is at the heart of everything we do; we pride ourselves on being independent, transparent, supportive and straightforward. We're passionate about helping you to make the most of your finances when you’re in or approaching retirement.

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