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Equity Release Northern Ireland - Discover Top Options Near Me in 2025

Equity release in Northern Ireland involves the same key options—lifetime mortgages and home reversions—managed under UK regulations, with local advisors offering insights into the unique aspects of the NI property market.
Equity Release Northern Ireland
How Is Equity Release Managed in Northern Ireland? Find Out Who the Top Providers and Advisors Are Near You. Read On...
This article contains tops tips from our experts, backed by in-depth research.
Katherine Read
Written by Katherine Read
Bert Hofhuis
Edited by Bert Hofhuis
Paul Sawyer
Reviewed by Paul Sawyer

Contributors:

Francis Hui
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Key Takeaways...

  • In Northern Ireland, the most common schemes are Lifetime Mortgages and Home Reversion Plans.
  • This financial option is regulated by the Financial Conduct Authority (FCA) to ensure consumer protection.
  • Potential risks include reducing your estate value, affecting your entitlement to means-tested benefits, and higher interest rates.
  • To calculate your approximate value, you can use an online calculator which considers your age, property value, and health status.
  • There are no special geographical requirements, but you must be over 55, own a property in the UK, and the property value must exceed a certain threshold.

There is a lot of information available on the various equity release plans available in the UK, but it can be hard to find specifics on the best deals on equity release in Northern Ireland; however, it does not need to be.

Whether you are trying to figure out which equity release is best or what the equity release pros and cons are, we are here to help.

Therefore...

In This Article, You Will Discover:

    At SovereignBoss, it is our mission to make the equity release process as stress-free as possible for you.

    What you need to know about equity release in Northern Ireland:

    What Is Equity Release?

    Equity release is a way to access the value locked in your home without having to sell it or take out a traditional mortgage.1

    When you take out an equity release plan, you will not have to make any repayments and you will be able to live in your home until you pass away or move into care.

    The loan is repaid using the proceeds from the sale of your home after you have moved out or passed away.

    Am I Eligible for Equity Release?

    You are eligible for equity release if you and your home meet certain criteria.

    You will be able to apply for an equity release plan if:

    • You are over 55 (or 60, in some cases)
    • You own and live in your own home
    • You live in the UK and your location is acceptable to lenders
    • Your home meets the value threshold set by lenders

    Can I Obtain Equity Release in Northern Ireland?

    Yes, you can obtain equity release in Northern Ireland.

    The options may not be as numerous as in other parts of the UK, but there are two major providers that offer equity release in Northern Ireland, namely Just2 and Aviva.3

    These providers offer lifetime mortgages to homeowners in Northern Ireland*.

    *Accurate as of 23/01/2023. Whilst we take every care to ensure our information is up-to-date, SovereignBoss cannot guarantee the availability of any products mentioned herein.

    How Much Can I Access Through Equity Release in Northern Ireland?

    How much you can access through equity release in Northern Ireland will depend on factors like your age and the value of your home.

    In general, though, the minimum you will be able to borrow through a lifetime mortgage on a property in Northern Ireland will be £10,000.

    Use our free calculator to work out approximately how much you would be able to borrow with equity release.

    Where Can I Find an Equity Release Advisor?

    You can find an equity release advisor by using our calculator.

    Once you have seen how much approximately you can release, we will arrange for the leading equity release experts in Northern Ireland to give you a quick call to answer any questions you may have.

    Northern Ireland Equity Release

    Northern Ireland Equity Release FAQs

    What Are the Most Common Equity Release Schemes in Northern Ireland?

    How Is Equity Release Regulated in Northern Ireland?

    What Are the Potential Risks of Equity Release in Northern Ireland?

    How Can I Calculate My Equity Release Value in Northern Ireland?

    Are There Any Special Requirements for Equity Release in Northern Ireland?

    In Conclusion

    The scoop: We are offering to get you the best quote for equity release in Northern Ireland from the leading equity release companies.

    Our goal is to help you save money by helping you find the equity release plan that best suits your individual needs.

    If you would like to access the value locked in your home, speak to an advisor today to find out more about equity release in Northern Ireland.

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