Unlock Your Wealth: New Life Equity Release Review (2025)
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- The New Life equity release scheme offers benefits such as tax-free cash and the opportunity to remain in your home, but also carries potential disadvantages like reducing your estate value and affecting your eligibility for means-tested benefits.
- They are a reputable provider, being a member of the Equity Release Council and regulated by the Financial Conduct Authority.
- They offer competitive plans with unique features, however, the suitability compared to other providers depends on individual circumstances and requirements.
- The interest rates vary between 5.97% to 6.28%*, but are typically competitive within the equity release market, detailed specifics can be found on their website.
- Whether they are a good option for you depends on your personal financial situation, your age, the value of your property, and your long-term financial goals.
Is New Life Equity Release the best for equity release advice?
I think you will agree with me when I say:
It is REALLY hard to choose the best equity release deals with all the choices available.
Or is it?
In This Article, You Will Discover:
Let us find out NOW!
As experts in the equity release field (we have reviewed more than 250 schemes!), we have combed the market, researched all equity release service providers and narrowed it down to who is on top.
Is New Life the ideal company to give you the best equity release advice?
NOTE: SovereignBoss is an impartial and unconnected third-party information provider via this website, and the details provided in this commentary represent the opinions of SovereignBoss only and may not reflect the views or opinions of New Life. This article must not be interpreted as advice, nor is it a solicitation to conduct transactions in any financial product provided by New Life.
What is Equity Release?
Equity release is a financial product designed for homeowners, typically those aged 55 or older, enabling them to access the equity tied up in their property without selling it.
This is often done through lifetime mortgages or home reversion plans.
Who Is New Life Equity Release?
NewLife Equity Release is an advisory company established in 2020 by Rachel Rowley and Julie Bilsby as a way to help people reach their financial goals through equity release loans.1
With over 40 years of experience in the finance industry between them, they are committed to providing honest, sound and professional advice.
New Life Equity Release can offer advice on home reversion programmes 2 in addition to lifetime mortgages, both of which are accessible to people as young as 55.
The areas New Life Equity Release covers include Cirencester, Stroud, Cricklade, Swindon, Marlborough, Cheltenham, Gloucester, Tetbury, Kemble, Malmesbury, Burford.
Why Consider New Life
Consider New Life for equity release advice as their whole value system is based on honesty and integrity.
Their main focus is making financial decisions easier for those who find it all a bit overwhelming.
New Life is regulated by the FCA3 and is a member of the Equity Release Council4 whose strict code of conduct they are obliged to follow.
What About the New Life Equity Release Calculator?
New Life Equity Release does have an equity release calculator available on their website.
Before you consider using the New Life calculator, why not try our easy-to-use calculator below to see how much equity you will be able to release from your home.
Editor’s Rating: 4.72
New Life Reviews and Ratings
New Life Equity Release has received a 4.8 out of 5 star rating, based on over 3100 reviews.
How Did We Review the Info on New Life?
We reviewed New Life Equity Releases information by gathering all the latest facts available about it.
Our review of New Life Equity Release's information is independent, and we are not affiliated with it.
New Life Complaints
If you are dissatisfied with New Life and wish to make a complaint, the best option is to go on their website directly.
They care about their clients and will direct you to the appropriate department if possible.
Alternatively, use a review site like Trustpilot or Feefo to leave a review and they will respond quickly.
New Life's Equity Release Interest Rates and Schemes Compared
New Life Equity Release does not offer its own equity release schemes but rather advises you on the best schemes and interest rates you can achieve with different providers.
Annual interest can be available from as low as 5.97% to 6.28%*.
View the most current rates here.
*While we regularly review our rates, these may have shifted since our last update.
What Are New Life's Fees?
New Life fees only come into play after your initial FREE consultation and only if you are happy that it is the right fit for you.
If you decide to go ahead with a loan application through New Life, then a £1,295 administration fee will apply.
Learn More About New Life
Whether it is saving for retirement providing the greatest educational options for your children, or laying a solid financial foundation for your future, New Life can help you achieve your goals.
Your dreams are important to the organisation.
New Life understands the obstacles that make achieving your financial objectives more difficult.
And it is ready to help with education, coaching, and guidance.
Its purpose is to assist people from all walks of life in accumulating and protecting money, so you do not have to do it alone.
New Life can also assist you in developing a sound long-term savings strategy.
Whatever your objectives, it is critical to take charge of your finances and put them to work for you as soon as possible.
Today is the start of a better tomorrow for you.
FCA Details
Regulators
- Financial Conduct Authority (FAC)
- Financial Services Authority now the Prudential Regulation Authority (PRA) 5
Registration Numbers
- FCA Reg Number: 13098073
Companies House Link
- FCA Link: FCA Link
- Companies House Link: Companies House Link
New Life Contact Number and Address
- +44 1453 453 154
- Hello@newlifeequityrelease.co.uk
- Unit 701 Stonehouse Park, Sperry Way, Stonehouse, Gloucestershire GL10 3UT
Common Questions
Is New Life Equity Release a Member of the Equity Release Council?
What Are the Interest Rates for New Life Equity Release?
Who Owns New Life?
Where Is New Life Located?
How Does New Life Equity Release Compare to Other Providers?
Is New Life Equity Release a Reputable Provider?
What Are the Pros and Cons of the New Life Equity Release?
Is New Life Equity Release a Good Option for Me?
Conclusion
So here is the scoop – our intention is to help you determine whether New Life Equity Release is the right company to advise you on this big life decision.
With a free, no-ties initial consultation it would certainly be worth setting up a meeting to get a feel for the company and what it can offer you.
Equity release is a big decision and getting advice from a company like New Life Equity Release can make that decision a little easier.