Equity Release guide in association with Retirement Plus

Visit EAC’s equity release mini-website developed in partnership with, and sponsored by Retirement Plus.

Equity release is a tool enabling home owners to use the value of their homes to produce a capital sum or an income while they continue to live there. There are various types of Equity release schemes; we recommend that you take independent financial and legal advice before entering into such schemes.

Equity Release Plan, Capital Release Plan or Home Income Plan, a variety of plans or financial products exist to help older home owners generate a lump sum or a regular additional income, or sometimes both out of their home.

Lifetime Mortgages and Home Reversion schemes are the two main types of equity release schemes.

Under a Lifetime Mortgage, the owner takes out a loan as a mortgage while retaining the ownership of the property.

Under a Home Reversion scheme, the owners sell their home, or part of it but retain the right to live there for their lifetime.

Visit our equity release mini-site