MoneySuperMarket Equity Release Review ([SEO_DATE_YR]): Top Tips

Key Takeaways

  • MoneySuperMarket doesn’t offer equity release products. MoneySuperMarket is a comparison website that doesn’t provide equity release directly.
  • Utilize MoneySuperMarket to compare various financial options including mortgages, insurance, and savings accounts.
  • Check MoneySuperMarket for updates or articles on equity release. Although they don’t offer this product, they may provide informational resources or news about the industry.
  • Utilize their customer reviews and ratings to gain insights from others’ experiences with different financial products and providers to inform your decisions.

Can MoneySuperMarket help you find the best equity release deal?

With UK retirees releasing £1.53bln from their homes in the first quarter of 20221, it is no surprise that it is gaining in popularity.

So how can MoneySuperMarket help?

Discover how:

Our expert team of equity release researchers has spent countless hours sourcing the most relevant and most current information to provide you with this easy-to-use guide.

Can MoneySuperMarket find you the ideal equity release loan company to assist you and your family?

NOTE: SovereignBoss is an impartial and unconnected third-party information provider via this website, and the details replicated in this commentary represent the opinions of SovereignBoss only and may not reflect the views or opinions of MoneySuperMarket. This article must not be interpreted as advice, nor is it a solicitation to conduct transactions in any financial product provided by MoneySuperMarket.

What Is Equity Release and Lifetime Mortgage?

In the UK, equity release lets homeowners aged 55 and over access cash from their property’s value without selling it.

The main options are lifetime mortgages, where the loan is repaid when the home is sold, and home reversion plans, where part of the home is sold in exchange for a lump sum or regular payments, all while the homeowner continues to live there.

Who Is MoneySuperMarket?

Moneysupermarket.com Financial Group Limited is a financial services-focused price comparison website established in the UK.

With the help of a number of tools, consumers may compare costs on a variety of goods through it’s website.

The costs you can compare include energy, auto insurance, house insurance, travel insurance, mortgages, credit cards, and loans.

Why You Should Consider MoneySuperMarket

You should consider MoneySuperMarket to help find the best deal on a range of financial services.

It is MoneySuperMarket’s mission to save you money on your living costs.

Here are some more reasons to consider MoneySuperMarket:

Advantages and Disadvantages of MoneySuperMarket

Advantages include it offers a comparison of many equity release plans and providers, and disadvantages include it does not offer equity release directly.

More details:

Pros of MoneySuperMarket

Here are the pros:

Cons of MoneySuperMarket

Here are the cons:

Does MoneySuperMarket Have an Equity Release Calculator?

Yes, MoneySuperMarket does have an equity release calculator available on it’s website.

Although it does not offer equity release directly, it has partnered with Fluent Mortgages to offer the best equity release advice.

If you would like to get a comparison quote, why not try our easy-to-use equity release calculator below for an approximation?

MoneySuperMarket Customer Reviews

Find out what customers are saying about MoneySuperMarket below:

How Did We Review the Information On MoneySuperMarket?

We reviewed MoneySuperMarket based on the following:

This is an unaffiliated, independent review of MoneySuperMarket.

MoneySuperMarket Complaints

If you are unhappy with your experience with MoneySuperMarket, and would like to make a complaint, you can do so by sending an email to it’s customer service team.

For ease of reference, here is the email address to use: customerservices@moneysupermarket.com.

You can also voice your complaint on popular review sites such as Trustpilot2 or Feefo.3

This usually receives a speedy response.

What Are MoneySuperMarket’s Fees?

MoneySuperMarket does not charge any fees for comparing deals.

Learn More About MoneySuperMarket

MoneySuperMarket was founded in 1993 and has since become the most popular price comparison website in the UK.

It is dedicated to providing it’s consumers with the services, tools, and products they need to increase their money through its well-known and well-respected brands.

MoneySuperMarket consumers saved an estimated £2bln on their home costs in 2019.4

It’s business concept is a data-driven marketplace that provides unique offerings to clients, value to its suppliers, and a track record of investment returns.

It offers free online tools that allow customers to compare and switch Insurance, Money, and Home Services products to help them manage, save, and grow their money.

With the support of journalistic research, cutting-edge technologies, and a large user community, the financial company is likewise devoted to lowering your expenses.

FCA Details

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MoneySuperMarket Contact Number and Address

Common Questions

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Conclusion

If you have just started looking into equity release as an option to release money from your home, MoneySuperMarket may be able to help.

Although it cannot offer you an equity release plan directly, it can compare deals for you to see what the best available plans are based on your circumstances.

MoneySuperMarket may not be your equity release answer, but it can definitely help you with the question of which company is best for equity release?

The features mentioned and the amounts raised, are subject to the lender’s criteria, terms and conditions. These may take into account the age, health and lifestyle factors in order to provide an enhanced amount. To understand the features and risks, ask for a personalised illustration.