We use essential cookies to enable our website to function and non-essential cookies for marketing purposes. You can change your cookie settings here, otherwise we’ll assume you’re OK with the current settings.
Some cookies are optional, you can opt in or out of these cookies below.
Marketing cookies – These cookies help us tailor the advertisements you see on third party sites by understanding what interests you on our sites, such as the pages you view. We don’t combine this information with other personal information you provide us with.
Tracking cookies – These enable us to recognise repeat visitors to the site. By matching an anonymous, randomly generated identifier, we’re able to record specific browsing information such as how you arrive at the site, the pages you view, options you select, and the path you take through the site. By monitoring this information we’re able to make improvements to our sites.
Social cookies – These cookies allow you to share and like our pages through your favourite social network site
Find out how much you could release with our equity release calculator
In partnership with Moneyfacts.co.uk
Our equity release calculator will tell you if you’re eligible for equity release and let you know how much you may be able to release.
Am I eligible?
Factors which determine whether you're eligible for equity release are:
Age: The youngest person named on the deed needs to be aged 55 or over and the amount you can release will be based on the youngest applicant.
Property Value: You must own a property worth at least £70,000.
Why use our calculator?
It’s simple to use – just pop in a few basic details such as your age and property value, and it will give you an estimate of how much tax-free cash you could potentially release from your home. Don’t worry if you don’t know the exact value of your property, you can estimate it.
Quick, simple and free to use
Results in seconds
No obligation to proceed
Find out about the plans available and their features
Compare plans from the following providers
What happens next?
After your initial calculation, you'll receive a call from us to discuss your calculation and should you wish to, you'll be able to book an appointment
One of our equity release advisers will help you compare the different plans and features, helping you consider all your options, such as inheritance protection.
During the initial consultation, all our advice is free with no obligation to go ahead.
Things to consider
Because we play by the book we want to tell you
Mortgage Advice Bureau Later Life offer lifetime mortgage products from a carefully selected panel of providers.
Mortgage Advice Bureau Later Life offer lifetime mortgages only, which is a loan secured against your home.
As part of our advice process, we'll consider whether retirement interest-only (RIOs) and other mortgages may be suitable and can arrange advice on these if appropriate. Advice fee will vary.
Unless you decide to go ahead, our service is completely free of charge, as our fixed advice fee of £1,295 would only be payable on completion of a plan.
With a lifetime mortgage there are typically no monthly repayments to make, as the loan plus compound interest is repaid when the plan comes to an end. This is usually when you or the last surviving applicant dies or moves into long term residential care.
Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits.
A lifetime mortgage may result in limited or no property equity remaining and will reduce your finanical options in the future.