As we grow older, many of us find that much of our wealth is tied up in our home. Equity release allows eligible homeowners—typically aged 55 and over, or sometimes from age 50 with certain health conditions—to access some of this money, tax-free, without needing to move or sell the property.

Whether you’re looking to top up your retirement income, support family, or fund home improvements, equity release can offer a flexible solution. Some plans don’t require monthly repayments, and enhanced plans may allow you to borrow more if your health affects your life expectancy.

However, it’s vital to consider the long-term impact on your estate and any means-tested benefits. That’s why expert advice is essential. We’ll talk you through your options in plain English, explain the pros and cons, and help you decide if equity release is right for your circumstances.

Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits.

Why You Might Need Equity Release

Access Tax-Free Cash Without Moving

Equity release allows you to unlock a portion of your home’s value as a tax-free lump sum or regular payments, without having to sell or downsize. This provides financial freedom while allowing you to remain in your home.

Flexible Repayment Option

Unlike traditional loans, most equity release schemes don’t require monthly repayments. Instead, the loan is repaid when you sell your home or when the homeowner passes away or moves into long-term care, making it a low-stress borrowing option.

Use the Funds However You Choose

Equity release can be used for a variety of purposes, such as home improvements, clearing debts, or helping family members get on the property ladder. It gives you the financial flexibility to make the most of your later years.

How Chatsworth Mortgage Group Can Help

At Chatsworth Mortgage Group, we understand that equity release is a big decision. That’s why our expert advisers provide clear, honest guidance to help you determine if it’s the right option for you.

We offer access to a range of equity release products, including lifetime mortgages and home reversion plans, ensuring you choose the best solution based on your needs. Our advisers explain the potential benefits and any long-term implications, so you can make an informed decision with confidence.

We prioritise transparency and work to find the most competitive and flexible plans, allowing you to access your home’s value while maintaining financial security. We also help you understand any impact on inheritance, tax considerations, and eligibility for means-tested benefits.

With Chatsworth Mortgage Group, you receive trusted, FCA-regulated advice from specialists who put your best interests first. We guide you through the entire process, ensuring you have all the information needed to release equity safely and responsibly.