What is an Equity Release Calculator?
Our Equity Release Calculator allows you to quickly find out how much tax-free cash you could unlock from your home. If you’re 55 or over, you can take the money you release as a lump sum, in smaller amounts or as a combination of both. It also means you can continue living in your home whilst enjoying a more comfortable retirement.
A lifetime mortgage is a loan secured against the value of your property on which interest is charged, the loan is repaid on death or if the borrower goes into permanent residential care.
This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration.
How does the Equity Release Calculator work?
- Step 1 - Have some basic details about you and your property ready
- Step 2 - Complete our simple to use calculator
- Step 3 - Discuss your options with Simply Lifetime Mortgages
Handy hints for using the Equity Release Calculator
- Allow yourself a couple of minutes to complete
- You’ll just need some basic details about yourself and your property
- Make sure all of the details entered are correct so that Simply Lifetime Mortgages can contact you ready to provide the best advice- for your individual circumstances
Our Equity Release Advice Service
To help you access money from the value of your home, we’re working with Simply Lifetime Mortgages to provide an Equity Release advice service. They’re experts who specialise in Equity Release advice.
If Equity Release is right for you, then Simply Lifetime Mortgages can help you release the money from your home.
Simply Lifetime Mortgages will pay Liverpool Victoria Financial Services Limited a proportion of the fee if you decide to take out a product.
This will be based on a percentage of the product value. Please contact us if you require further information on this.
Equity Release advice relevant to your enquiry may be provided by either Simply Lifetime Mortgages or Liverpool Victoria Financial Services Limited. We will make this clear who you are speaking to at the time of the call.
Equity release may involve a home reversion plan or lifetime mortgage, which is secured against your property and may reduce the value of your estate and impact funding long-term care. To understand the features and risks ask for a personalised illustration.
Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid when you die, or if you're moving into long-term care.
Financial Advice on equity release
Need help?
We’ve chosen to partner with Simply Lifetime Mortgages to offer you advice on Equity Release.
Mon to Sat - 8am - 9pm
Sun - 9am - 5.30pm
Calls will be recorded and may be monitored for training and audit purposes.