This factsheet provides information about different types of equity release, such as lifetime mortgages and home reversion plans. It includes information on:
what to consider before deciding on a particular plan
equity release regulations and safeguards
how to choose an adviser.
Information is also given on sale and rent back schemes, which are not the same as equity release but share some common features.
The information in this factsheet is intended only as a guide. We recommend that you get independent advice from a fully qualified and experienced equity release adviser if considering this as an option.