Equity Release 2U

Get a Tax Free Cash Lump Sum with Equity Release

If your home is valued over £70,000 and the youngest homeowner is 55+, you could be eligible for an equity release plan. Complete the form below to find out more.

Free Equity Release Quotes

You must own your property to qualify for equity release.

All owners of the property, as listed on the mortgage or deed, must be aged 55 or over to qualify for equity release.

Our service is for equity release products only, we do not offer standard mortgages or remortgages.




What is an Equity Release plan?

An equity release plan allows homeowners to release equity (cash) from their home. There are two types of equity release; a lifetime mortage (also known as a later life mortgage) and a home reversion plan (we are currently unable to offer home reversion plans). Whilst both options allow you to release equity from your home, lifetime mortgages are the most popular option by far.

What is a Lifetime Mortgage?

A lifetime mortgage is a type of equity release plan where a home owner takes out a mortgage secured on their home whilst retaining ownership. The home owner continues to live in the property and usually does not have to make any repayments, but this can be considered. You can normally borrow up to 60% of the property value although this can vary depending on the property value and your age. When you die or move in to long term care the property is sold to repay the loan plus any interest accrued over the period of the plan. One great benefit of lifetime mortgages is the "no negative equity gaurantee". This means if when the property is sold the amount does not cover the loan, interest and fees neither you or your estate will be liable to pay anything further.

Overview

Equity release is, in a nutshell, a way to unlock the value of your property and turn it into cash which lets you access – or 'release' – the equity (cash) tied up in your home, if you're 55+. The most popular type of equity release is a lifetime mortgage, which is a loan secured against your home. You can release the money you release in a lump sum or in several smaller amounts following an initial lump sum.



Our Simple 3 Step Process



Step 1

Complete the form above to start your enquiry today.



Step 2

Compare the equity release options to meet your personal requirements.



Step 3

Select an equity release plan that's right for you.



WARNING: Equity release reduces your estate's value and may affect any means-tested benefits you're eligible for.
A lifetime mortgage, which is a loan secured against your home, is the most popular form of equity release and you will still own your home.
Think carefully before releasing equity and make sure it’s right for you.

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Our service is 100% free to use and you are under no obligation to accept any of the offers you receive.

Please note that some of the brokers/firms we work with may not provide quotes/services from all of the providers featured on our website.

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