Equity Release
& Lifetime Mortgages
Unlock the value in your home to enjoy retirement, help family, or achieve lifelong dreams. Expert advice with no pressure, just solutions.
*Subject to the terms of your plan and the property remaining your main residence. Interest is usually added to the loan unless repayments are made. Releasing equity can affect your estate, tax position and entitlement to means-tested benefits.
We work with leading equity release providers
How the Process Works
Our simple, supportive process from first enquiry to funds in your account.
Free Consultation
We'll explain your options and answer all your questions with no obligation.
Personalised Quote
We'll show you how much you could release and what it would cost.
Application
We handle all the paperwork and keep you updated throughout.
Funds Released
Receive your funds, typically within 6-8 weeks of application.
Tap into your home's value safely
Equity release and lifetime mortgages can play a crucial role in retirement funding, helping other family members with a first-time purchase, paying for home improvements, or simply enjoying the retirement you deserve.
Our qualified advisers will help you understand your options, the effects on state benefits, tax implications including inheritance tax, and any other obligations.
There are many reasons you might consider equity release:
Lifetime Mortgage vs Home Reversion
Compare the two main types of equity release to understand which might be more suitable for your circumstances
| Feature | Most PopularLifetime Mortgage | Home Reversion |
|---|---|---|
| Ownership | You retain full ownership of your home | You sell part or all of your home |
| Monthly Payments | Optional - usually none required | None - you live rent-free |
| Interest Charges | Yes - typically compounds over time | No interest charges apply |
| Amount Released | 20-57% of property value | 30-60% of share sold value |
| House Price Growth | You benefit from 100% of growth | Only benefit on retained share |
| Minimum Age | Usually 55+ | Usually 65+ |
| Market Availability | Access to a wide range of equity release products | Very limited - less than 5% |
Find out how much equity you could release
Use our calculator to get an estimate. It only takes a moment and you don't need to provide personal details.
Risks to think about before you apply
Equity release can be useful, but it is important to understand the possible drawbacks and whether there are better alternatives for you.
Possible impact on benefits
Releasing equity may affect your entitlement to means-tested state benefits.
Interest can roll up over time
If you do not make repayments, the amount you owe can increase significantly.
Your estate will be reduced
The loan plus interest will reduce the inheritance you leave behind.
Early repayment charges may apply
If you repay the plan early, charges may be payable depending on the product.
It may not suit everyone
We will always explain alternatives if equity release is not the right option for you.
Important protections built into Council plans
We only recommend plans from Equity Release Council members, which means key consumer protections are included.
No Negative Equity Guarantee
You'll never owe more than the value of your home, even if house prices fall.
Right to Stay in Your Home
You can remain in your home for life, as long as it stays your main residence.
Fixed or Capped Interest Options
Many plans offer fixed rates or capped features so you can understand costs more clearly.
Downsizing Protection
Some plans include the option to move later without losing important product benefits.
Independent Legal Advice
You will be required to take independent legal advice before proceeding.
Only Council Member Plans
We recommend plans from Equity Release Council members only, giving you added protection.
Dispelling Equity Release Myths
Common questions answered by our experts
Why trust Apply Wise?
Equity Release Council Members
We only recommend plans from Equity Release Council members, ensuring important safeguards.
Regulated Advice
Advice provided under the FCA authorisation of our principal, Scott & Goose LLP.
Personal Service
Direct access to your adviser via phone during the day, evenings, and weekends.
Need more information?
The best way we can help is to have a quick conversation. Contact us for a no-obligation discussion.
Important: Equity Release may affect your entitlement to means-tested state benefits and will reduce the value of your estate. A lifetime mortgage is a loan secured against your home. The loan plus accrued interest is repaid when you die or move into long-term care. To understand the features and risks of an Equity Release product, ask for a personalised illustration. Apply Wise Financial recommends products from the Equity Release Council, ensuring important consumer safeguards are in place.