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
​
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
