Home | Do you Qualify?
Do you Qualify for an Equity Release Scheme?
Each type of Equity Release has different criteria, detailed below:
Lifetime Mortgage
- Are you aged over 55 and a homeowner?
- Is your property worth more than £70,000?
- Do you have little or no Mortgage on your home?
- Is your property of standard construction and located in the UK?
- If applying as a couple is the youngest aged 55?
Home Reversion Plan
- Are you or the youngest applicant aged 65-80 and a homeowner?
- Is your property worth more than £70,000?
- Do you have little or no Mortgage on your home?
- Is your property of standard construction and located in the UK?
- Is your property a house and NOT a flat, retirement property, sheltered accommodation or ex-local authority home?
If you have answered yes to the above for the one or both of the plans available then you may qualify for Equity Release. To calculate approximately how much you may be able to borrow under a Lifetime Mortgage please use the calculator on the right.
Remember, an Equity Release Scheme is not always the most suitable option which is why we ask you to Contact Us for your free consultation.
Lifetime Mortgage Calculator
Please note the result is only indicative and will vary between Equity Release Providers. For an accurate amount please contact us for an illustration which details all aspects of the product. Minimum age is 55.
These are lifetime mortgages and home reversion plans. To understand the risks and features of the schemes and plans, ask for a personalised illustration. This site is provided by Vale Insurance Services Ltd (Registered Office 22-24 Market Street, Altrincham, Cheshire, WA14 1PF, Telephone 0161 941 5972) who are authorised and regulated by the Financial Services Authority. The information and content of this site is directed at UK consumers only and is subject to the UK regulatory regime.