How to compare equity release providers
Learn how to compare equity release plans and providers including costs, features and protections.
Equity release guides
The information on this page has been provided by Royal London Equity Release Advisers to help you understand more about equity release. They are authorised and regulated by the Financial Conduct Authority to give equity release advice. Royal London Group introduces customers to Royal London Equity Release Advisers who will make recommendations based on individual circumstances, after considering products from the whole market.
Browse Royal London Equity Release Advisers' guides to help you understand how equity release works, the different costs involved, and the truth around the most common myths.
How much does equity release cost?
This guide can help you understand the different costs involved, so there's no surprises along the way.
Equity release 8 myths explained
This guide explains the eight most common equity release myths, including if you'll still own your home and if you can still move.
Equity release and inheritance tax
This guide explains how equity release affects your estate value and your potential inheritance tax.
Equity release interest rates
This guide will help you understand the pros and cons of equity release.
Equity release interest rates
This guide explains all you need to know about interest rates when releasing equity.
Lifetime Mortgage calculator
Discover how much you could release from your home with the simple calculator from Royal London Equity Release Advisers.
“Royal London Equity Release Advisers” is a trading name of Responsible Life Limited. Responsible Life Limited uses Royal London branding under licence from Royal London Marketing Limited. “Royal London”, the “Royal London logo” and “Royal London Equity Release” are registered trade marks of The Royal London Mutual Insurance Society Limited. Royal London Marketing Limited and The Royal London Mutual Insurance Society Limited do not provide regulated mortgage advice.
Responsible Life Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 610205. Registered in England and Wales under company number 07162252. Registered office: Princess Court, 23 Princess Street, Plymouth PL1 2EX.
Responsible Life Limited is a wholly owned subsidiary of the Royal London Group who may benefit if you choose to take regulated mortgage advice. Being a wholly owned subsidiary of the Royal London Group does not alter Responsible Life Limited’s regulatory responsibilities.
If you choose a mortgage with required payments during your lifetime then your home may be repossessed if you do not keep up with the payments. Borrowing with a Lifetime Mortgage or Retirement Interest-Only Mortgage will reduce the value of your estate. Receiving a cash lump sum may also affect your entitlement to means-tested benefits. Think carefully before securing other debts against your home.
To understand the features and risks, ask for a personalised illustration. Your adviser will talk through the setting up costs of a mortgage. Only if you choose to proceed and your case completes will Responsible Life Limited charge an advice fee, currently not exceeding £1,890.