Unlock the Cash in Your Home With Equity Release
Are You Considering Equity Release?
Equity Release Locations A-Z
Belfast – Belfast is Northern Ireland’s capital. It was the birthplace of the RMS Titanic, which famously struck an iceberg and sunk in 1912.
Birmingham – Birmingham is a major city in England’s West Midlands region, with multiple Industrial Revolution-era landmarks that speak to its 18th-century history as a manufacturing powerhouse.
Bristol – Bristol is a city straddling the River Avon in the southwest of England with a prosperous maritime history.
Leeds – Leeds is a city in the northern English county of Yorkshire. On the south bank of the River Aire, the Royal Armouries houses the national collection of arms and artillery.
Liverpool – Liverpool is a maritime city in northwest England, where the River Mersey meets the Irish Sea.
London – the capital of England and the United Kingdom, is a 21st-century city with history stretching back to Roman times.
Newcastle – Newcastle Upon Tyne known as Newcastle, is the most populated city in the North East of England.
Northern Ireland – Northern Ireland is variously described as a country, province or region which is part of the United Kingdom.
Norwich – Norwich is a city in England’s Norfolk County. Northeast of the centre, medieval Norwich Cathedral is a Romanesque building with ornate cloisters.
Nottingham – Nottingham is a city in central England’s Midlands region. It’s known for its role in the Robin Hood legend and for the hilltop Nottingham Castle Museum and Art Gallery.
Plymouth – Plymouth is a port city in Devon, southwest England. It’s known for its maritime heritage and historic Barbican district with narrow, cobbled streets.
Portsmouth – Portsmouth is a port city and naval base on England’s south coast, mostly spread across Portsea Island.
Preston – Preston is a city in Lancashire, northern England. Collections at the Harris Museum & Art Gallery include fine and decorative arts, and archaeology.
Scotland – Scotland is a country that is part of the United Kingdom. It covers the northern third of the island of Great Britain.
Sheffield – Sheffield is a city in the English county of South Yorkshire.
Southampton – Southampton is a port city on England’s south coast. It’s home to the SeaCity Museum, with an interactive model of the Titanic, which departed from Southampton in 1912
Swansea – Swansea is a city and county on the south coast of Wales.
Yorkshire -Yorkshire is a historic county in northern England. It’s known for its Roman and Viking heritage, as well as its Norman castles, medieval abbeys, Industrial Revolution-era cities and 2 national parks.
You can get the best home equity loans all over the UK. You get them in Aberdeen, Belfast, Glasgow, Norwich, Manchester, Swansea, Leeds, Ireland, among other places.
As of 2nd July 2020, the average home equity loan rate is 5.18%
|Loan Type||Average Rate||Average Rate Range|
|Home Equity Loan||5.28%||3.50% – 9.25%|
|10-year Fixed Home Equity Loan||5.66%||3.25% – 9.25%|
|15-year Fixed Home Equity Loan||5.88%||3.25% – 9.25%|
|HELOC||4.71%||1.74% – 7.24%|
The rates above are calculated using a loan amount of £26,583, with a FICO score of 700 and a combined loan-to-value ratio (LV) of 80%.
You can unlock the equity tied up in your home when:
- You’re aged 55 and above for the lifetime mortgage and 65 years and above for the home reversion plan
- Your home is valued for more than £70.000
- Your home is located in the UK
- You’re of age and have a pre-existing medical condition like blood pressure, diabetes, among others (you’re eligible for a higher amount if you have a lifelong medical condition)
The amount of equity you can unlock from your home at 55 depends on the value of your property and your medical history. However, according to the Financial Conduct Authority, you can release up to 50% of your property value.
You should also remember to initially only withdraw what you need – there’ll be consequences to withdrawing more than you need.
How Much Can You Release?
Use the FREE Calculator Below