Saving for retirement
Saving for retirement is essential if you want the financial freedom to enjoy your later years.
Unlocking equity
Equity release lets you unlock some of the money tied up in your home while you continue to live there. It’s usually available to homeowners aged 55+, and the amount you can release depends on your age and your property value.
You can spend the proceeds of equity release in any way that you want, whether that's to pay for home improvements, help loved ones onto the property ladder, or to pay for your retirement.
Use our equity release calculator below to get an estimate of how much tax-free cash you could release from your home. Using the calculator does not commit you to anything, and will not affect your credit score.
Get started
Frequently asked questions
How much equity can I release from my home?
The amount you could release depends on factors including your age, the value of your property, any outstanding mortgage, and the provider’s criteria. With some plans, your health and lifestyle may be taken into account. Use our equity release calculator to get an estimate based on your circumstances.
Does an existing mortgage reduce how much I can release?
Yes. If you still have an existing mortgage, you’ll normally need to repay it using some of the money released through equity release.
Is the calculator result guaranteed?
No. The figure provided by the calculator is an estimate, not a guaranteed offer. The amount you can actually release may change after your property has been valued – and a provider has assessed your circumstances and eligibility.
Will using the calculator affect my credit score?
No. Using our equity release calculator won’t affect your credit score because it doesn’t involve a credit check. It is simply an estimate of how much you could potentially release from your home.
Do I have to take the maximum amount offered?
No. The amount shown by the calculator is an estimate of the maximum you may be able to release, rather than an amount you have to take. You can choose to release less, depending on your needs and circumstances.
It's a big decision
Equity release is a big decision, and can reduce the value of your estate. It may affect your entitlement to means-tested benefits, and could impact your tax position. If you choose a lifetime mortgage, interest is added each month and the amount you owe can grow quickly.
You should consider discussing your options with family and getting independent, regulated financial advice before you go ahead.
Reviewed on 15 Oct 2026 by
