Home equity release

Your home is often your most valuable asset.  It is reassuring to know that you may draw upon that asset to pay for your essential and lifestyle costs. 

The government, along with home equity release product providers, have agreed on a Code of Practice for Home Equity Release Schemes. This means that you will be allowed to 'borrow' a portion of your home's value to use how you see fit (e.g., paying medical bills, travelling to see family).

Interest accrued will depend on the borrower's situation and the value of their home.