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Equity Release Mortgage

Equity release refers to a range of products that let you access the equity in your home if you are over the age of 55. You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both.

This means that you can release cash from your home without the hassle of having to move, using your home in this way to help fund your retirement is becoming an increasingly mainstream option.

Equity release can prove a very expensive way of borrowing, particularly if you live to a ripe old age. That’s because the way these schemes typically work means you end up paying interest on interest, and over 20 years, say, the total owed can easily double and maybe even. That said, interest rates have in many cases fallen, making these schemes cheaper than before.

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration. Equity release is not right for everyone. It may affect your entitlement to state benefits and will reduce the value of your estate.

Mortgage Calculators

We have a range of calculators to help make things simpler for you, from calculating payments to understanding how much your stamp duty may be. These calculators are for guidance purposes only.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.

Falbros Ltd is authorised and regulated by the Financial Conduct Authority under reference number 745807.

Registered office: 1 Mayfair Place, London, W1J 8AJ. Registered in England Number 8147460.