Back to Top

Speak to our UK team free

0800 531 6027

Struggling to clear existing debt?

Credit cards, loans, the mortgage; the expenses of life can soon add up. Whether you’re in or approaching retirement, debt problems can make your ‘golden years’ an anxious time.

Debt problemts
Money worries under control

Do you find yourself asset rich, but cash poor and wondering how to cover your debt repayments? Then you could be in the same financial position as many Key Retirement customers. 

To help with debt problems like paying credit cards and loans, 31%* of Key customers found equity release to be the right solution for them. Is it right for you? 

There’s a number of equity release plans to explore but the most common is a lifetime mortgage. A lifetime mortgage is secured against your home, just like a regular mortgage. You should always think carefully before securing a loan against your property.

A lifetime mortgage could allow you to free the cash that’s tied up in your property. With a lifetime mortgage there are typically no monthly repaymentsto make as the loan, plus roll up interest, is repaid when the plan comes to an end. A feature which could ease the financial burden of recurring debts costs.  Use our free calculator to find out instantly online how much you could release.
  • The equity released will reduce the value of your estate and your entitlement to means-tested benefits can be affected too. 

Calculate equity release

Equity release could help you

  • Ease your debt worries
  • Get a tax-free cash lump sum with no monthly repayments
  • Pay off existing debts including credit cards, loans and mortgage
  • Reduce/remove current repayments
  • Stay in your home 
  • Ensure an inheritance for family
  • Guarantee you don’t fall into ‘negative equity’
  • To release more cash with an enhanced rate 

Customer story – Mr & Mrs Boyes

“Although equity release isn’t right for everyone, it was right for us. It’s such a relief.”

The Boyes were struggling with credit card debt and an outstanding mortgage after lending money to a friend. 

“It turned out to be the wrong time just as the crash came. We ended up in debt we had not anticipated.” 

The couple, from Devon, wanted to be in a position to repay what they owed and have enough money left to enjoy their retirement. 

“We wanted to live life, and our retirement, to the fullest.” 

Their only problem was securing credit from traditional high street lenders after reaching a certain age, which is when they found Key.

No hassle or pressure, just support

Looking for the best way to sort out your debt? Considering equity release? Our no-jargon award winning service can help you to explore your options at your own pace, with absolutely no-obligation to proceed!

If equity release isn’t right for you, we’ll tell you so. Plus we're regulated by the Financial Conduct Authority.

Get all the facts

Request a free guide today to learn about the different types of equity release plans. You will be able to download a guide straight away, plus we'll post one out for you to browse at your leisure.

*UK Equity Release Market Monitor 2016

If 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.

0800 531 6027

Monday - Thursday, 9.00am - 8.00pm

Friday, 9.00am - 5.30pm

Saturday, 9.00am - 5.00pm

Sunday, Closed - all day