Considering Equity Release? Here Are 5 Facts Every Homeowner Over 60 Should Know

Thinking about releasing equity from your home? You may want to know about these 5 key points first. Especially #3

By Michelle Morris - Last Updated 02/06/2025

#1

Comparing Lenders Offers Could Mean Thousands Saved

You could be offered a significantly different rate depending on which lender you speak to. Some people find a better deal simply by comparing offers.

Why it matters: Even a small difference in interest could add up to tens of thousands of pounds over time.

#2

Your Age and Home Value Affect Your Quote

Most people don’t realise how much personal factors influence what they’re offered. Lenders use factors like your age, location, and home value to set terms.

What this means: Someone 5 years older could unlock more cash form their home just due to their age.

#3

You Could End Up Overpaying Without Realising

There've been cases where people nearly signed deals that would have cost them thousands more in interest than they needed to. Why? They didn’t check what else was out there.

Lesson: Comparing quotes is quick, free, and could save you a small fortune.

#4

There Are Tools That Make Comparison Easy

Many people think you have to go to each lender individually. Not true. The Equity Release Guide connects you with speacialists who can check leading lenders in under 60 seconds.

You’ll see: What you could unlock and who offers the best rate for your situation.

#5

You Don’t Have to Commit to See Your Options

You can simply get a free no obligation quote that doesn’t affect your credit and you won’t be pressured to proceed. It’s just about seeing if it's the right choice for you.

Peace of mind: Many users say they felt more confident knowing what all their options were.

Key Benefits:

Common Uses:

• Access to tax-free cash

• No monthly repayments

• Remain 100% homeowner

• Never Be In Negative-equity

• Pay off your mortgage

• Improve your home

• Gifting to family

• Boost income

What To Compare When Considering Offers:

Yes, it's important to 'compare offers', but what does this actually mean? 

So many obsess over interest rates, and this is important, but there's many features to compare when looking at equity release offers, such as: 

Inheritance Protection

Downsizing Protection

Early Repayments

Interest Options 

Access To Funds

Health Benefits 

Rate Types

Portability 

Our goal at The Equity Release Guide is to make the process as easy as possible, so you can compare all of the features and make the right decision which will benefit you most. 

Equity release is a big step, and we want to help you make an informed decision, so if you need advice or are wondering if equity release is rigt for you, click below to connect with one of our experts. 

You might be suprised! For many, releasing equity is a means to reduce inheritance tax or protect from downsizing, there are many hidden benefits that can be helpful to you.

How Can We Help You Compare?

MARKET COVERAGE

EXPERT SEARCH

EXCLUSIVE RATES

Access to 70+ providers including specialist lenders

Independent advisors search the market

Find rates offered exclusively to certain brokers

INHERITANCE BENEFITS

BROKER ONLY DEALS

FAST & EASY PROCESS

 Inheritance guarantees & no negative equity protection

Access deals that aren't available direct to consumers

Complete in under 5 mins & save weeks of research

The Equity Release Guide specialises in helping homeowners connect with trusted experts who are fully authorised, have no hidden fees and can help find the best quotes. The initial consultation is completely free and no obligation, just click below to get started.

Select Your Location To Get Free Quotes From A Qualified Expert

The Equity Release Guide is a trading name of Smarter Clicks Financial Services Ltd, a UK-based marketing company registered at 76 St Johns Road, Tunbridge Wells, Kent, United Kingdom, TN4 9PH. We are not a credit broker or a lender. Nothing on this website constitutes financial advice.

When we use the term “our approved specialists”, we are referring to the equity release firm we have approved to process your enquiry.

We process the information you provide and may pass this on to carefully selected third-party brokers or lenders. All credit is subject to you being a UK resident aged 55 or over and will depend on your individual circumstances. All lenders follow responsible lending policies, and lending is subject to status and affordability.

If you need financial advice, you should consult a qualified financial adviser. This website provides information only and is impartial. The choice of product is entirely yours, and we do not promote any specific lender or product.

Our service is free to use. Smarter Clicks Financial Services Ltd carries out marketing for carefully selected brokers and lenders. We may be compensated in a variety of ways, including fixed monthly fees, commission on successful loan completions, or a set fee per lead delivered, depending on the broker relationship in place at the time.

© The Equity Release Guide 2017 – 2025. All rights reserved. Registered office: 76 St Johns Road, Tunbridge Wells, Kent, United Kingdom, TN4 9PH.

Smarter Clicks Financial Services Ltd and Smarter Clicks Marketing Ltd are part of the same family-run business group. Smarter Clicks Financial Services Ltd is responsible for publishing and managing all financial content on this website, while Smarter Clicks Marketing Ltd provides web services, technical support, and reporting systems. Smarter Clicks Financial Services Ltd are authorised and regulated by the Financial Conduct Authority (FRN 792246). 

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