How much can I release?

There is no one simple answer for this question, as the amount that you are entitled to will differ with each individual customer.

When seeking an equity release product, things we have take into consideration are the current value of your home, your age and your personal circumstances. You will be able to release a larger percentage of the value of your home the older you get.

There is no one-size-fits-all option, as everyone enters retirement in a different position, both financially and personally. The product will be individually tailored around YOUR requirements.

At Just Compare, we will be able to help you identify exactly how much you require and how much you should expect to be able to release with our no-obligation personal recommendation process.

Some lenders will take into account your ‘health and lifestyle’ and may be able to provide you with an enhanced amount. If you drink, smoke, are overweight or take medication for any ongoing medical conditions, you should speak to our equity release advisers today. An enhanced plan takes into account any of these conditions, which are surprisingly common in the UK.

At Just Compare, we have a team of dedicated advisors that will help identify and secure the most suitable equity release product for your circumstances, taking into account your personal and financial circumstances and the amount of cash you would require.

‘Just Compare’ (very much in the name) search the whole of the market to increase your chances of finding an equity release product that best suits your individual financial objectives.

Equity Release may involve a home reversion plan or a lifetime mortgage which is secured against your property. To understand the features and risks, ask for your personalised illustration.

We provide initial advice free of charge and with no obligation. Only if you choose to proceed and your case completes would a fee of 1% of the amount released be payable (minimum £1,195).