What’s the difference between Equity Release & Lifetime Mortgages?

Equity Release is simply a term for raising equity. An equity release lifetime mortgage is the most common method of safely accessing this equity from your home, tax-free.

Are lifetime mortgages safe?

All lifetime mortgage UK lenders are all fully regulated by the financial conduct authority (FCA). Your lifetime mortgage quotes will only be from Equity Release Council Plans for your added peace of mind. The council are the industry trade body who provide several codes of conduct for your added security, including the essential guarantee you will never enter into negative equity.

Can I make repayments?

Usually you can repay up to 10% of the amount borrowed within any 12 month period. This is on a flexible basis and completely voluntary.

How do I find the most suitable option for me?

We can put you in touch with an expert who will review and assist with this process to compare equity release schemes and interest rates for you.

Do I have to sell my home?

The most common form of raising equity is a lifetime mortgage where you maintain 100% full home ownership for the rest of your life, or joint lives where applicable.

Can I use my equity for early Inheritance or for tax-planning?

An equity release lifetime mortgage can be used for estate planning purposes. When you request your quotes, we will put you in touch with an expert adviser to discuss this in more detail.

Releasing Equity From Your Home

Over 55s Mortgage Comparison

We Search 100s Lenders To Find Your Best Deal

We Search the WHOLE market, so YOU don't have to!

FREE advice review with an Expert with your quotes

Get started here For A Free Review & Compare The Market

In Partnership with Later Life Finance,
The UK's Leading Broker For Unlocking Tax-Free Wealth

Find the TOP rates, access bespoke & calculations & bonus projections

Access free initial advice with genuine care & expertise

Unique interest analysis, projections & calculations

Raising Cash From Your Home

Get fast, tailored equity release quotes & uncover exclusive deals

"Excellent service and we saved money"

Mr and Mrs Atkinson, Kent

"Excellent service and we saved money"

Mr and Mrs Atkinson, Kent

Ready to Compare the Best Equity Release Rates?

Tired of searching the internet for the best deal?

Confused by all the different options available?

Let Compare My Equity do all the hard work for you. We have access to the best rates on the market. One of our experienced advisers will listen to your individual circumstances and find you the best deal

"Superb in sourcing and arranging my lifetime mortgage"

Mr Holloway, Leeds

"Superb in sourcing and arranging my lifetime mortgage"

Mr Holloway, Leeds

Calculate how much Equity you can release from your home

Are you asset rich but cash poor?

Do you want to know INSTANTLY how much equity you can release from your home?

With Compare My Equity’s Instant Equity Release Calculator, we can tell you in seconds how much equity you could potentially release from your home