Equity Release

Could you save thousands by switching equity release?

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Access record low equity release rates now

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Unlock more tax-free cash and better features

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What is equity release? What is equity release?

Why look for a better equity release deal?

If you've already taken out equity release you might benefit from swapping your existing plan to a more competitive one. Your current rate might not be competitive as equity release interest rates have fallen to record low levels in recent years. You could also benefit from access to more tax-free cash and the ability to unlock additional features now available from hundreds of new style plans. Our selected advisers are ready to start your free review and will take you through all your options, with no obligation to proceed.

Our equity release providers

Get exclusive offers from leading providers – make sure you don't miss out on the best deal

Just
Aviva
Pure Retirement
Canada Life
Crown Equity Release

Switching your equity release plan in three easy steps

Step 1

Start your quote journey

Simply click 'Get Started' to begin your search for the latest equity release plans, for your circumstances.

Step 2

Tell us what you need

Fill out some simple and straightforward details about your current situation to start the process.

Step 3

View your best deals

You'll get a personalised service that matches suitable equity release plans to your individual needs.

Why choose The Money Service?

Here are some of the ways our selected advisers can help:

Access record low interest rates

Access record low interest rates

Quickly and easily find out if you can save thousands by switching to a better rate

Access record low interest rates
Release thousands more tax-free cash

Release thousands more tax-free cash

You could be eligible to release more money to spend as you wish

What support is available

The Money Service is a trusted service - putting your needs first.

Compare equity release providers

Find the best quotes, rates and deals from the UK's leading equity release companies

Free equity release quote service

There's never any pressure to proceed when you request quotes through The Money Service

Safe and trusted advice

Receive trusted equity release advice from authorised and regulated specialists

Expert equity release knowledge

Get free information on different equity release plans, products and providers

What customers say

Don't just take our word for it, hear what our customers have to say...

Answering your questions

Still unsure of a few things? We've got you covered with a few simple answers to some of our most frequently asked questions.

If you already have taken out an equity release plan, switching to a new plan could save you thousands. In recent years, interest rates have dropped significantly, and you could find that your old rate is no longer as competitive. Different equity release plans also come with various features, and therefore, you may want to take advantage of the latest features, such as inheritance protection.

To be eligible to switch to a new plan, you need to have had your existing plan for 12 months or more. Our selected advisers will take you through all of the options available to you, and it may be the case that your existing plan is the best one for you.

If you're moving home, you could either port your existing plan or get a new deal. Some equity release plans will allow you to port your lifetime mortgage to your new home. However, it's important to look at all the options available to you to see if you're getting the best deal for you.

You may be interested in switching your equity release plan to borrow more money. You could either ask your current lender or take advantage of the latest interest rates and repay your current plan, switch to a new one and borrow more at the same time.

Not taken out an equity release plan yet?

Lifetime mortgage

Lifetime mortgage

Lifetime mortgages are designed for people who are looking to borrow funds on a lifetime basis, with interest rates fixed for life. They can be used to either purchase a new property or to release funds from your existing home. Lifetime mortgages are available to anyone aged over 55 and can be obtained regardless of your credit history.
Drawdown lifetime mortgage

Drawdown lifetime mortgage

A flexible drawdown lifetime mortgage means that instead of withdrawing the maximum amount available to you right away, you can take an initial amount that you need, then in the future, you can draw down additional funds as and when you need them.
Interest-only lifetime mortgage

Interest-only lifetime mortgage

Interest-only equity release is often seen as the most cost-effective method of equity release, allowing you to manage interest by making monthly repayments. As long as you keep up with the interest payments, the amount you owe never increases. This avoids the compounding of interest associated with lifetime mortgages.

Still have questions?

There's a lot to consider when it comes to switching your equity release plan. You can be confident that our selected advisers will provide you with expert advice and guidance, answering any questions you may have. Call or today, or request a free callback, and one of our friendly members of staff will be in touch very shortly to assist you.