Ship Equity Release (Oct 2021)

Ship Lifetime Mortgage Review

Are You Considering Ship Equity Release? What are the Pros, Cons & Costs? Discover If Ship Lifetime Mortgage Schemes are for You.

Before You Start Reading...

Let's See How Much You Can Release 👇

 

Equity Release Calculator

Value of Your Home?

50000

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🔒 100% Secure & Fast. Takes Just 8 Seconds.

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Mark Henry
Mark HenryHappy User
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What a fantastic service. I filled out the form received a call and dealt with the most professional adviser who easily answered all my questions.
Angela Pohls
Angela PohlsHappy User
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Easy to use. Great support. They handled everything for me. I chatted with a fantastic adviser who decided that equity release wouldn't suit my circumstances.
Paul Gregory
Paul GregoryHappy User
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I found these guys from Google and I must say I'm impressed. Their guide is probably the most comprehensive one I've seen on the web. They arranged for an adviser to give me a quick call and answer all my questions on this 'hot' topic. I was very impressed with their professionalism.
ship

Ship Equity Release Review

I think you’ll agree with me when I say:

It’s REALLY hard to choose the best equity release provider with all the choices available.

Or is it?

Is Ship equity release the best?

The companies we profile, including Ship are the best in the business to help you unlock the cash tied into your home.
We’re here to help you:
Let’s find out NOW!

As experts in the equity release field (we’ve reviewed over 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.

Is Ship the ideal equity release company to assist you and your family?

What's Equity Release & How Does It Work?

We've summed up the most important information about the topic in this quick video.

An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care. The homeowner’s family usually pays back the cash released, and the interest incurred, from the sale of the home in question.

Equity release is available for individuals or couples over 55, with the youngest homeowner’s age determining the amount of equity that can be released. It is important to note that some equity release schemes may require the homeowner to be 60 or older.

Learn More: What’s Equity Release & How Does It Work?

What About the Ship Equity Release Calculator?

Before you consider using the Ship equity release calculator, please take note.

Our providers can almost always match & BEAT any existing equity release quote that you find through Ship. So first use this calculator below & see how much you can release.

How Much Can You Release?

Use the FREE Calculator 👇

 

Equity Release Calculator

Value of Your Home?

50000

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🔒 100% Secure & Fast. Takes Just 8 Seconds.

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It's VERY FAST, takes just 8 seconds

Now, compare and save: Search over 200 equity release council approved plans and find the best deal for the amount of money that you need.

Why get a free quote?

Multiple quotes

Get quotes from our providers & choose the best one

Speak to an expert

We’ll get an expert to contact you to answer any questions

About the providers we compare

Helped more than 1 million people with equity release.

Organised over 1 in 3 plans approved by the Equity Release Council1.

Most popular reasons for releasing equity

Editor’s Rating: 4.85

Ship's Equity Release & Lifetime Mortgage Schemes

Are you looking for a specific equity release scheme? These are some of the schemes offered or covered by Ship.
  • No Schemes Listed Yet

Not what you're looking for?

Have a look at all the equity release schemes available on the market, with our easy to use table!

Who Are Ship?

Safe Home Income Plans (SHIP) is good news for customers considering Equity Release.1 It is a rule of conduct that was established in 1991 with the primary goal of protecting customers when they take out an equity release loan. The SHIP Code of Practice will be followed by all participating firms.

SHIP, or Safe Home Income Plans, was founded in 1991 as a consumer protection and equity release company.

Their plans include the following features:

  • They are allowed to live in their home for the rest of their lives as long as it is their principal abode.
  • They are entitled to an explanation of their lifelong mortgage or property reversion plan that is fair and unambiguous.
  • They are free to relocate their idea to a more suitable location without suffering any financial penalties.
  • They keep their right to hire an independent lawyer of their choice to handle the legal procedure and sign the SHIP certificate.
  • They are protected by the SHIP certificate, which assures that they are fully informed about the equity release plan’s terms and ramifications
  • They are protected by a guarantee against negative equity, which ensures they will never owe more than the home is worth.

With SHIP, you feel safe and have peace of mind.

Want to compare this company with another? Try saga equity release calculator.

Regulators

  • Financial Conduct Authority
  • Financial Services Authority

Ship Info

Got Questions About Ship & Lifetime Mortgages? Check These First

Is Ship A Member of the Equity Release Council?

What Are Ship's Interest Rates on Equity Release?

Who Owns Ship?

Where is Ship Located?

Conclusion

PS – If you’re anything like us, you skipped to the end anyway.

So here’s the scoop – our intention is to help you by finding the best lifetime mortgage so that you can spend the money on something that you really want to, rather than on a high tax bill.

Most send us a personal thank you because we do such an incredible job.

Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui

Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.

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HOW MUCH EQUITY CAN YOU RELEASE?

Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.

Use our free equity release calculator & see how much you can release today.

How Much Can You Release?

Use the FREE Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Secure & Fast. Takes Just 8 Seconds.

As Featured In
yahoofinance marketwatch
rachel w

Written by
Rachel Wait
Personal Finance Journalist

Rachel is an experienced finance journalist and editor with a particular interest in personal finance and consumer affairs. She has vast experience writing about money issues, property, insurance, and consumer affairs, and you’ll find her articles regularly featured in top media and newspaper publications.
john lawson profile.jpg

Written by
John Lawson
Founder SovereignBoss

John is passionate about education and has made it his life-long mission to assist UK citizens on their future financial options, with a specialist interest in equity release, and SovereignBoss is the natural extension of this passion.
francis

Written by
Francis Hui
Senior Risk Manager

Having held various high-level roles across the industry, Francis is truly an expert in aiding UK citizens in their financial decisions and risk analysis. His unique insight and statistical knowledge make him the perfect person to help you take your financial future to the next level.
kath icon

Written by
Katherine Read
Financial Planning Reporter

Since joining the editorial team at SovereignBoss, Katherine has become focused on bringing transparency to finances and opportunities for those approaching retirement age. She writes on the topics of equity release, home reversion, and mortgages.
nicola

Written by
Nicola Date
Writer & Financial Journalist

Nicola is a financial writer for SovereignBoss and is passionate about the opportunities that equity release can open up for homeowners. Her extensive business experience and deep understanding of the industry means that she’s always up-to-date with the latest developments.

See How Much You Can Release 👇

Use the QUICK form below.

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Secure & Fast. Takes Just 8 Seconds.

As Featured In
yahoofinance marketwatch