Step Change Equity Release (Oct 2021)

Step Change Lifetime Mortgage Review

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

Before You Start Reading...

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Equity Release Calculator

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Mark Henry
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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.
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Step Change 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 Step Change equity release the best?

The companies we profile, including Step Change 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 Step Change 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 Step Change Equity Release Calculator?

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

Our providers can almost always match & BEAT any existing equity release quote that you find through Step Change. 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?


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


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

Step Change'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 Step Change.
  • 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 Step Change?

The Foundation for Credit Counselling’s StepChange Debt Charity, 1 originally the Consumer Credit Counselling Service, is a debt charity that operates across the UK.

Step Change is the most comprehensive debt advice programme in the United Kingdom. They assist those who are in debt in regaining control of their money and life. The company’s mission is to build a society free of debt problems. Problem debt affects more than just people; it also affects families and communities, costing more than £8 billion every year.

Step Change will help society overcome the issues that debt produces in the twenty-first century by assisting individuals who are in debt and advocating for laws that try to avoid problem debt. Millions of lives have been changed as a result of the company’s initiatives, and they are devoted to aiding millions more.

Step aspires to be the most trusted supplier of free debt advice and solutions, and they’ll continue to advocate everything that’s finest in free debt advice and debt management, with the help of its partners and stakeholders.

With 1,500 staff in offices around the nation, the UK’s largest debt charity is at the forefront of offering debt advice and solutions.

The following are some of their main goals:

  • Promote and raise knowledge about free debt counselling and solutions
  • Improve people’s financial knowledge and abilities so they can better manage their finances and obligations
  • Be the most effective and long-term source of debt counselling and solutions

FCA Address

123 Albion Street
LS2 8ERL S 2 8 E R

Trading Names


  • Foundation for Credit Counselling
  • Stepchange NI
  • Stepchange Northern Ireland
  • Stepchange Wales


  • Betterpay
  • C.C.C.S
  • C.C.C.S Debt Remedy
  • C.C.C.S Ireland
  • C.C.C.S NI
  • C.C.C.S Northern Ireland
  • C.C.C.S Scotland
  • Consumer Credit Counselling Service
  • Debt Line
  • Irish Debtline
  • Scottish Debtline
  • Stepchange Money Matters
  • Stepchange Wellbeing
  • Student Debtline
  • The Debt Helpline

FCA Permitted Services

  • Insurance
  • Investments
  • Other Services


  • Financial Conduct Authority
  • Financial Services Authority

Registration Numbers

  • FCA Ref Number: 729047
  • FCA Reg Number: 2757055
FCA Link: FCA Link

Step Change Info

Got Questions About Step Change & Lifetime Mortgages? Check These First

Is Step Change A Member of the Equity Release Council?

What Are Step Change's Interest Rates on Equity Release?

Who Owns Step Change?

Where is Step Change Located?


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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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?


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🔒 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.
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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.

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.
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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.

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?


Drag me

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

As Featured In
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