How old do I have to be to apply for an Equity Release mortgage?

How old do I have to be to apply for an Equity Release mortgage?

Expert Advice 

Speak to a Financial Adviser at HB Partners, as we are professionally qualified to explain how an Equity Release Mortgage works.

Expert Advice 

Speak to a Financial Adviser at HB Partners, as we are professionally qualified to explain how an Equity Release Mortgage works.

Flexible

A Lifetime Mortgage will allow you to release equity tied up in your home. Our advice is bespoke and tailored specifically to your circumstances. 

Flexible

A Lifetime Mortgage will allow you to release equity tied up in your home. Our advice is bespoke and tailored specifically to your circumstances. 

Regulated 

We are members of the Equity Release Council, the industry body for the UK equity release sector. All services provided by HB Partners are regulated by the Financial Conduct Authority. 

Regulated 

We are members of the Equity Release Council, the industry body for the UK equity release sector. All services provided by HB Partners are regulated by the Financial Conduct Authority. 

Please contact us with your Equity Release enquiry

Please contact us with your Equity Release enquiry

Simply enter your details below for us to help you.

By submitting information through this website, you have given your agreement to receive verbal contact from us to discuss your Equity Release requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Simply enter your details below for us to help you.

By submitting information through this website, you have given your agreement to receive verbal contact from us to discuss your Equity Release requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

What is 3 + 5 =

What is 3 + 5 =

Most Equity Release providers require all named applicants to be a minimum age of 55.

Most Equity Release providers require all named applicants to be a minimum age of 55.

 

  • A Lifetime Mortgage, also known as an Equity Release Mortgage, allows homeowners to release equity that has built up in their property into tax-free cash, without having to sell their home
  • A Lifetime Mortgage will give you access to a lump sum payment that you can use for a variety of purposes, such as home improvements, gifts to your children or a holiday
  • Equity Release Mortgages have a no-negative-equity guarantee. This means that the balance on your mortgage will not at any time exceed the value of your property 

 

  • A Lifetime Mortgage, also known as an Equity Release Mortgage, allows homeowners to release equity that has built up in their property into tax-free cash, without having to sell their home
  • A Lifetime Mortgage will give you access to a lump sum payment that you can use for a variety of purposes, such as home improvements, gifts to your children or a holiday
  • Equity Release Mortgages have a no-negative-equity guarantee. This means that the balance on your mortgage will not at any time exceed the value of your property 

The money released from an Equity Release Mortgage is paid to you tax -free​​.

There is no direct taxation to pay on the money released from an Equity Release scheme. 

As you are borrowing funds against your home, there will be:

  • no Income Tax, as no income is being generated
  • no Capital Gains Tax, as you are not selling your property

The money released from an Equity Release Mortgage is paid to you tax -free​​.

There is no direct taxation to pay on the money released from an Equity Release scheme. 

As you are borrowing funds against your home, there will be:

  • no Income Tax, as no income is being generated
  • no Capital Gains Tax, as you are not selling your property

How does Equity Release work?

How does Equity Release work?

Taxation of Equity Release

Taxation of Equity Release

Quality of Advice

Quality of Advice

Home > Mortgage > Equity Release > How old do I have to be to apply for an Equity Release mortgage

Home > Mortgage > Equity Release > How old do I have to be to apply for an Equity Release mortgage

This site uses cookies to enhance your user experience. By continuing to use this site you are giving your consent for us to set cookies. Privacy Policy

This site uses cookies to enhance your user experience. By continuing to use this site you are giving your consent for us to set cookies. Privacy Policy

Powered by ConvertriPowered by Convertri