Principled Finance

Release Money From Your Home With Us

Over 55 and own your home? It takes 45 seconds to check and it’s FREE!

What could you spend your equity release on?

How much cash could you release?

We work with

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Find out how much cash you could unlock from your home


*This calculator provides an illustration only please contact our specialist equity release partners to discuss all the available options.

You could release up to:


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Any applicant needs to be over 55 in addition to any other person on the mortgage or house deeds.



What is equity release?

Equity release allows individuals aged over 55 to release money from the property they live in without having to make any monthly repayments and with no need to move or sell your house. You can access the fund as a lump sum or regular smaller sums from the value of your home depending on what type of plan you choose.

There are two types of equity release; Lifetime Mortgages and Home Reversion plans. Both of these are regulated by the Financial Conduct Authority (FCA). With all Equity Release Council approved plans there is a 'no negative equity guarantee' which means you and your family will never owe more than the value of your home.

Home equity release can be an ideal way of supporting yourself in later life or simply used to give your bank balance an extra cash boost.

Do I qualify for equity release?

  • To qualify you must be aged between 55 and 95, and own a property worth at least £70,000
  • You can spend the tax-free cash how you like
  • Like a traditional mortgage, a lifetime mortgage is secured against your home
  • The most popular form of equity release plan is a lifetime mortgage, but we also arrange home reversion plans
  • With a lifetime mortgage your home remains entirely your own
  • You will never owe more than the value of your home with Equity Release Council approved plans
  • You can guarantee an inheritance with some plans
  • Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits

How does it work?

  • Equity release works by allowing you to access funds from the equity you hold in your property.
  • With no mortgage or debt your equity will be greater. However, there are many factors which will influence the amount you can release such as age, health and lifestyle.
  • If you have an outstanding amount on your mortgage this will need to be cleared either by existing funds or through releasing equity. You can then spend the remaining equity in any way you wish.

Will I lose my home?

No. The amount of money you borrow against the value of your home, plus any rolled-up interest, can never go above the value of the property - when it is sold at the end of your plan - due to the No Negative Equity Guarantee safeguard upheld by Equity Release Council members. You will continue benefitting from the rises in property value in the years to come.

With a lifetime mortgage*, you will continue owning your home and with a home reversion plan, you would have to convey the deeds to the scheme provider - totally or up to an agreed percentage. Based on that, the scheme provider will own this part of your property. However, in both cases you will own a lifetime lease guaranteeing you the right to stay in your home until death or when you move into long-term care. It is rare for a lender to take possession under an equity release plan but as with every contact, failing to comply with the terms and conditions of an equity release plan, could mean that the house could be repossessed.

*A lifetime mortgage is a loan secured against your home.

Is equity release regulated?

Advisers and providers of both types of plans are regulated by the Financial Conduct Authority (FCA). Additionally, the Equity Release Council – as the trade body, representing over 350 members of equity release professionals, works to raise high standards and ensure that customers receive the best possible advice and service.