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Is Equity Release Worth It?

12th July 2023

As we reach retirement age, many of us face challenges, particularly when it comes to maintaining a comfortable lifestyle or funding important expenses. One solution that has gained popularity in recent years is equity release.

In this blog, we'll explore what equity release is, how it works, and the pros and cons of this financial option.

WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Multi Month Loans

How much would you like to borrow:

£200

£750

How long would you like it for?

3 months

6 months

Your monthly repayments are:

Total amount to be repaid:

Annual percentage rate:

New Customer

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR

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Is Equity Release Worth It?

How much would you like to borrow:

Your monthly repayments are:

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