Best Equity Release Companies in 2024 (Top 10 provider List)
Book your free, no obligation equity release consultation with our expert advisers today, and compare the best companies & deals!
Who are the top UK equity release companies?
Are you considering equity release, but not sure where to start with the best company, or who to trust with your plans?
Compare my equity are an independent equity release specialist broker with access to the whole market.
Some of the best equity release companies included on the list are Aviva, Royal London, Liverpool Victoria, Legal & General, More 2 Life, Canada Life, Just (formerly Just Retirement), One Family, Standard Life, Crown and Livemore, who all offer a range of equity release mortgages.
Compare My Equity are an independent equity release broker who put your best interests first, as genuine experts we can safely guide you through all your equity release options, the alternatives and any pitfalls you need to consider.
Our friendly experts will guide you without any stress or pressure.
Equity release plans enable you to raise tax free equity from your home. The money can either be taken as a lump sum, or a series of smaller drawdowns.
This allows you to safely unlock the wealth you have built up in your home to boost your finances. Any existing mortgage must be repaid from the money taken out, and the rest of the equity available in your home can be used as you wish.
Top 10 equity release companies listed
Who are the Top Equity release companies 2024?
Canada Life
Legal & General
Aviva
Nationwide
Just
LV=
Pure Retirement
Standard Life
Crown Equity Release
Livemore
More to Life
Royal London
Our 5 star reviews reflect our excellent service!
What is the best equity release company? (Top broker tips)
Who are the best equity release companies for your specific requirements, and why?
We provide the top tips when finding the right solution for your plans.
Comparing equity release schemes will help you decide which option might be best for you.
The top tips to consider are
1. Book a free call back with our experts to compare plan features
2. Ask for our free calculation service to show how voluntary repayments can reduce the interest costs
3. Consider your circumstances in 5-10 years from now. We will help you with a clear plan of the best equity release company for your plans.
4. Deal with a whole of market broker such as Later Life Finance.
Discovering which equity release company is best for your specific requirements is crucial to ensuring you find the right solution for your current and longer-term plans.
Liverpool Victoria and Canada Life, for instance, offer ‘defined’ early repayment charge criteria for early settlement of the mortgage.
Canada Life also provides ‘downsizing protection’ for moving home and settling the mortgage early.
Other well-known names such as Standard Life and Legal & General offer plans with a wide range of features.
The overall market is competitive, with lenders frequently vying for the most competitive interest rate position.
This will give you access to the full range of plans available and the best equity release companies
We explore the 4 little known truths about equity release to separate the truth from the horror stories to help you understand the industry with greater clarity.
If you are considering which are the best later life mortgages, we review lifetime mortgage companies and schemes to help you consider your options.
Equity release providers require homeowners to seek professional advice from a qualified equity release adviser.
This isn’t a sales process, but rather ensures your best interests are maintained through qualified expert guidance and maintains strict FCA guidelines.
Who offers the best equity release mortgages?
Finding the best equity release mortgage for you depends on your current and longer term plans as a starting point.
All modern lifetime mortgages allow interest and capital repayments to help offset the effect of compound interest, but what about moving home, early repayment, or other important features you need to ensure the solution meets your personal needs?
Compare my equity provide a complete broker and research service.
We compare all lenders, considering factors such as interest rates, flexibility, fees, customer service, and exit criteria for later down the line.
Comparing equity release mortgages is crucial in order to ensure you get the most suitable deal. Different lenders offer various plans, including lifetime mortgages and home reversion schemes. By investigating the different options available, you can find the best equity release mortgage that allows you to access the funds you need while also addressing any concerns you may have about inheritance and protecting a portion of your home’s value for the future.
Who are the best lifetime mortgage companies?
If you are considering a lifetime mortgage, it’s important to do your research and find the best lifetime mortgage company for your needs.
With so many companies offering this type of mortgage, it can be overwhelming to choose the right one. Who is best for your needs, and why?
Later Life Finance are a specialist broker who can help you find the right company for your needs.
We have access to the whole market, with companies offering competitive interest rates and providing clear and transparent terms.
By choosing the best lifetime mortgage companies to match your needs, you can have peace of mind knowing that you are making a well-informed decision about your financial future.
When searching for the best lifetime mortgage companies, it’s crucial to compare their customer reviews, interest rates, and repayment options.
Companies that have positive reviews from their customers and are highly rated by reputable financial institutions are likely to provide reliable and trustworthy services.
Additionally, consider the interest rates offered by each company and compare them to find the most competitive option.
Lastly, look for companies that offer flexible repayment options that align with your financial goals. By considering these factors, you can select the best lifetime mortgage company that will meet your individual needs and offer a secure and comfortable retirement.
- Ask any questions or concerns you have with our qualified advisers
- Learn how voluntary repayments can help preserve more of your equity
- Access calculations, projections and interest costs
- Find out how the different equity release plans work
- Find out more about the latest offers available
- Discuss whether any entitlements to means-tested benefits may be affected
- Understand the impact on the value of your estate
- Discuss other borrowing options available
- Work with your qualified adviser to see whether equity release is right for you
Our 5 star reviews reflect our excellent service!
Expert equity release specialists
By arranging your free equity release advice appointment and if you are in the age group of 55 or above, you will speak with a fully qualified equity release specialist at Compare My Equity, a trading name of Later Life Finance Limited, the FCA authorised expert broker.
We are a specialist equity release advice firm passionate about helping homeowners over 55 to meet their financial needs and goals with releasing equity.
Before being able to release money from your home, you must speak with an adviser as it is a Financial Conduct Authority (FCA) requirement.
The FCA regulates the equity release marketplace to ensure fair deals, avoid any misselling and maintain the highest standards in the financial services industry.
Your equity release adviser will be able to determine the best route to meet your goals. This could be to use equity release, help find an alternative solution, or do nothing at all.
All of our advisers are fully qualified experts, ensuring you are only recommended the correct solution for you.
Take the first step towards achieving your financial goals by booking your free equity release advice consultation today!
Which are the best equity release companies?
Which are the best equity release companies, and why?
The best equity release company for your requirements depends on several important factors.
For example, your current and longer term goals must be considered, such as early repayment requirements for moving home.
Sourcing the best equity release deals
Compare My Equity are part of Later Life Finance. As a specialist broker, we find you the best deals and provide expert advice with a complete start to finish broker service.
We are a member of the equity release council, and are fully authorised by the FCA.
We offer free equity release advice consultations with our qualified advisers for homeowners aged 55 and above.
We provide phone, video and home appointments, where you will receive expert information and free initial advice regarding the full range of equity release plans available to you.
If you decide to go ahead with a suitable recommendation, you can expect to receive your money in around 6-8 weeks.
Why choose Compare My Equity?
At Compare My Equity, we have access to the best equity release companies.
Here’s why you should choose us:
Reputation:
Compare My Equity are part of Later Life Finance. With a reputation for providing expertise and service which can be relied on when planning your finances, you are in safe hands with us.
Independent, Expert Advice:
Our team provides independent equity release advice tailored to your personal requirements.
Fast, Reliable and Efficient:
We understand that time is crucial in financial decisions. We offer a fast and efficient service, with quick response times.
Flexible Solutions:
Every homeowner has unique needs, every equity release plan we arrange if based on your current and longer-term goals.
We offer flexible solutions tailored to your specific needs and circumstances.
Competitive Rates:
Concerned about getting the best equity release interest rates?
At Compare My Equity, we source competitive rates on our equity release plans, helping you keep your costs manageable with equity release.
Summary
Compare My Equity have access to the best equity release companies, schemes and rates as a specialist broker.
Get in touch for advice and a market comparison service without any obligation.
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