To find out how much you could free, use our capital release calculator; it requires no personal contact information and the results are instant. Equity release is a type of loan that allows older borrowers to access some of the money tied up in their property. There are different types, such as a life mortgage or a home reversal plan. The amount you can borrow will depend on your age, the lender, and the value of your property.
The maximum percentage of capital you can release from your home is usually up to 60% of the value of the property. Usually, the older you are, the more capital you can free up. In addition, according to MoneyHelper, some equity release providers offer larger sums to homeowners with certain medical conditions.