Equity release lets you release tax-free cash from your home, without having to move, which you can then spend on whatever you choose - home improvements, making your retirement more comfortable or maybe helping the grandchildren get on the property ladder.
This is available to you if you're aged 60 or over and are a homeowner. The money you release can be in the form of a cash lump sum, a drawdown reserve of cash or both.
Equity release is not necessarily suitable for everyone, that's why there are equity release specialists who are qualified to advise you on the products before you make a decision. It''s a good idea to involve your family in the decision-making process because releasing money from the home will affect the amount that you will be able to leave in inheritance.
The amount of equity you could release depends on your age and the value of your home.
By using the calculator, you'll be able to see how much could be available for you.
Once you use our free equity release calculator, our dedicated equity release specialist partner, Equity Release Assured, will send you their free guide in the post. They will also help you to arrange your no-obligation consultation.
LV= are pleased to recommend Equity Release Assured (ERA), who have a dedicated team of equity release specialists. Their role is to make sure you choose a plan that is right for you. LV Equity Release Limited acts as an introducer to Equity Release Assured Limited for advice on equity release products.
This is an equity release plan. To understand the features and risks ask for a personalised illustration.
ERA provides advice on a limited range of specially selected equity release plans which includes the LV= range of lifetime mortgages. Unless you decide to go ahead, their service is completely free of charge, as ERA’s typical advice fee of 1.5% of the amount released would only be payable on completion of a plan.
You can phone Equity Release Assured
Speak to a specialist adviser for more information on equity release products:
0800 202 8116
9am - 5.30pm Monday to Friday
We may record and / or monitor calls for training and audit purposes.
If you already have an equity release plan please call:
0800 028 8974
8.30am - 5.30pm Monday to Friday
We may record and/or monitor calls for training and audit purposes.