Ethical Equity Release

We bring an ethical approach to Equity Release, so you can get the most out of life.

Call us now on 0808 1691979
  • Step 1: Property Details
  • Step 2: Results
  • Step 3: Your Details

If you would like to know the best Equity Release rates available for you, please phone us on a local rate at 0808 1691979 or complete the submission form below, and one of our specialist advisers will be in touch.

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  • Draw a tax-free lump sum and spend it as you please
  • Retain ownership of your property at all times
  • We're Members of the Equity Release Council
  • Protect your beneficiaries

THE FIGURES ARE AN INDICATION OF THE AMOUNT AVAILABLE, SUBJECT TO FULL ASSESSMENT AND UNDERWRITING. PLEASE REFER TO ONE OF OUR SPECIALIST ADVISERS.

Thank you for your details. Please see below for the maximum amounts you can release based on the information you have provided

£5,865

£16,6555

* If you are in poor health you may be entitled to better terms with an Enhanced Lifetime Mortgage.
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Lost in information?
Talk to a trusted financial adviser.

We can help you choose what's right for you.

Freephone
0808 1691979

Or send us a message

We can provide the equity release plan you’re looking for.

Do you need to access the wealth tied up in your home?

You’re looking for a life-changing result without being misled. That’s our priority too. We’ll listen to you, come up with the right plan and hold your hand every step of the way. You won’t have to do anything – that’s what we’re here for.

We promise: no pressure, just honest, open information and advice. And we’ll even say if we feel Equity Release is not right for you.

What will happen when I pick up the phone?

You won’t end up in a call centre ‘black hole’. We’re real people. Let’s walk you through what to expect when you speak to our financial adviser.


How We Work

How much equity could I access?

Simply enter a few details into our online calculator and you’ll get a rough estimate of the tax-free figure you can expect.


Calculate Now
Release up to 50% of your home’s value
Receive a tax-free lump sum or drawdown
Lifetime Mortgage and Home Reversion options
Experienced advisers covering the whole UK
Schemes available from all major providers

What would you like to know?

What is Equity Release?

What is Equity Release?

Find the answer to all your Equity Release questions here.

What is Equity Release?
What can my equity be used for?

What can my equity be used for?

Find out what people usually release equity for.

Uses for Equity Release
How have Premier helped people?

How have Premier helped people?

Discover how we've helped people and what they have to say.

Customer Stories
What are the costs?

What are the costs?

Learn about the costs you can expect to pay when you release equity.

COSTS
What should my family know?

What should my family know?

We're here to relieve any concerns you might have.

FAMILY MEMBERS
Any other questions?

Any other questions?

If you have any other queries, you'll find the answer here.

FAQs
What Types of Equity Release are available to me?

What Types of Equity Release are available to me?

 

The most popular type of equity release is a Lifetime Mortgage, and is usually available to homeowners aged 55 and over. You can take either a single tax-free lump sum or, with some plans, multiple “drawdowns” as and when you need the money. The advantage of multiple drawdowns is that you will only be charged interest from the date the money is released to you. You don’t have to make any repayments while you continue to live in the property, although some types of plan offer the option of making repayments towards the interest that builds up. These are known as Interest-Only Lifetime Mortgages.

The amount you can borrow with a lifetime mortgage varies between different plans and providers, but typically the maximum is between 50% and 60% of the current value of your property. The amount of equity you can release will depend upon the value of your home, your age and your health – so-called “enhanced lifetime mortgages” may allow homeowners with certain past or current medical conditions to borrow more.
The second type is Home Reversion. With a home reversion plan, you sell all or part of your home to the plan provider in exchange for either a single lump sum or multiple payments. The amount you receive will be below the market value of your home – typically somewhere between 20% and 60% of your property’s current value. As with a lifetime mortgage, you can remain living in your home until you die or move into residential care, and won’t need to make any regular repayments or rental payments, provided you agree to maintain and insure the property.

The percentage of your home you retain will always be the same, no matter how the value of the property fluctuates. You can of course take further cash releases, which will affect the portion of your property that you own. At the end of the plan, your property is sold and the sale proceeds are shared according to the final percentages of ownership.

Home reversion plans are usually aimed at older homeowners – the minimum age is typically 60 or 65. The actual amount you will be able to borrow will vary from one provider to the next, but usually the older you are the more you will be able to borrow. With most plans, you will be able to move home if you wish to, subject to the plan provider agreeing that the new property is suitable security for the equity release.

Watch Premier’s Tracey Lucas explain what an ethical approach to Equity Release means to her...

PLAY VIDEO

Our Trusted Providers

You’ve only got to meet Tracey for half an hour and she gets you as a person and understands what’s best for you – the Premier service is bespoke in the truest sense.

Danny & Sally Claridge, Woodford Green, Essex

Your home could fund a fresh lifestyle.

There are any number of reasons why the over-55’s may choose to explore the potential for raising a substantial cash sum by capitalising on the value of their home. Property prices have risen significantly in the last decade in response to consistently strong buyer demand, and homeowners who have lived in the same place for a number of years may be surprised to discover exactly how much their home is worth.

Releasing equity could be the solution to restoring financial stability if facing unexpected costs, including maintenance issues resulting from storm or flood damage, or plans to upgrade accommodation by refitting the kitchen or bathroom. Redesigning gardens, to adapt to changing lifestyles as people age, is especially popular, as evidenced by the number of TV shows and revived garden festivals dedicated to this increasingly popular hobby.

As the cost of living bites, people are also concerned to make their properties more energy efficient, with better insulation, and even replacing domestic appliances.

Despite the recent travel horrors experienced by families determined to have a proper overseas holiday for the first time in two years, luxury breaks are also high on the agenda for retirees seeking that once in a lifetime experience, whether a world cruise or exciting rail journey exploring the previously unknown in terms of landscape and wildlife.

Alternatively, those approaching retirement may choose to pay off debts, whether their own or family members, for example student fees. Unfortunately, the pandemic left people of all ages with significant gambling debts following months in isolation, playing online.

Equity release could provide the funds to meet specific needs. So:

  • How much can you release? This depends on your age, the value of your property and your state of health.
  • Will you still own your home? Yes, and you can continue to live there for as long as you wish.
  • Can you move, perhaps downsizing? We recommend schemes which are portable.

Premier Equity Release is regulated by the Financial Conduct Authority (FCA) and our trained advisers can guide you through the process, ensuring that you can secure the most appropriate deal to suit individual circumstances

Request Our Equity Release Brochure

Request Our Equity Release Brochure

REQUEST BROCHURE
How much equity could I access?

How much equity could I access?

CALCULATE NOW

Are you ready to talk to us about your needs?

Call our freephone number now for a free, confidential chat about your money (have a pen ready).

Freephone
0808 1691979

Or send us a message
  • Could I lose my home?

    Absolutely not. We work strictly within the Equity Release Council guidelines, and your arrangement will ensure that you keep the right to live in your home for the life of your loan, whether you have sold part of it in a home reversion plan or used it as security against a lifetime mortgage loan. Nor can any lender sell it from under you!

  • Can I move house with Equity Release?
  • Do I have to pay tax on the money I get from Equity Release?
  • How much can I release?
  • Can I leave an inheritance?
  • Can I borrow more if my property increases in value?
  • I’ve already got an Equity Release plan – can I switch?
  • What’s the difference between interest-only and rolling-up interest?
  • Do I need to talk to my family when taking out Equity Release?
  • How will Equity Release affect my state benefits?
  • Can I repay the Equity Release plan?
  • Can I release the equity in my holiday home, second home or buy-to-let property?