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0800 531 6027

No home improvement loan needed!

You may want to renovate in order to add value to your house or dispose of an outdated bathroom suite.  But maybe every day expenses mean home improvements are something that you can just never find the money to do.

Kitchen renovation
More bang for your buck!

Your home may be in need of updating, but did you know that you can use it to your advantage? 

If your property’s valued at £70,000 or more then a percentage of that equity could be unlocked with an equity release plan and spent on renovations.

A lifetime mortgage is the plan that’s most popular at Key. Like a traditional mortgage, it’s secured against your property, but unlike a traditional mortage there are typically no monthly repayments to make as the loan, plus roll up interest, is repaid when the plan comes to an end.

You can spend the tax-free cash as you wish, but home and garden improvements is the top way in which Key customers choose to use their money.  With a massive 63%* of all our customers using some or all of the cash to make home improvements.  But just how much could you release for this purpose?

Calculate your home's equity
Reasons to really value your house

With equity release your home could…
  • Provide the chance to restore a much loved family home
  • Release a tax-free cash lump sum
  • Allow you to live in your home for life
  • Offer an alternative to downsizing
  • Ensure that you never owe more than the value of your property
  • Remember - Equity release will reduce the value of your estate and it could affect your entitlement to means-tested benefits.

Customer story – Mr & Mrs Sheppard

“We’ve been able to make significant alterations in the house and make it just as we want it.”

David and Pam Sheppard had been considering equity release for a while when their friend recommended Key Retirement. 

“We downsized to our new bungalow almost a year ago to be closer to a bus route and local amenities. The new place was a bit dated and we’re quite modern in our outlook so we wanted to give the place a facelift.

“We love being outside and wanted something low-maintenance as we get older. We’ve put down artificial grass and planted up all our borders which are now really starting to mature in the warmer weather.

“The equity release has given us a real boost to our retirement finances and we’re so glad we did it.

“We thought we might as well be enjoying it while we can.”  

Get all the facts

Request a free guide today to learn about how a lifetime mortgage could enable you to carry out home improvements. 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.

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