Welcome
At the Equity Release Council, our purpose is simple: to empower you with clear, trustworthy information so you can make confident choices about your financial future.
Your home is often your biggest asset, and for many people, it can play a valuable role in supporting life after 50. Equity release is one option within the wider world of later life lending, alongside products such as retirement mortgages and retirement interest-only (RIO) mortgages.
We know these decisions matter. That’s why our members are committed to the Council’s high standards, so you can be confident of receiving trusted, tailored, thorough and transparent support.
Your options after 50
Later life lending is not one-size-fits-all. There are several different products available. The right one for you depends on your needs, income, age, and future plans.
A qualified adviser will explore your circumstances before recommending any solution.
How people use later life lending
Later life lending can give you flexibility to make the most of your home, and the equity you’ve built up in it.
How funds are used varies from person to person, and a qualified adviser will help you consider what’s appropriate for your situation.
Gifting to family
Support loved ones with education, a deposit, or life events.
Paying off a mortgage
Reduce financial pressure and free up monthly income.
Home improvements
Update your home to make it more comfortable or accessible.
Funding retirement
Travel, hobbies, or simply enjoy everyday life with more flexibility.
Paying for care
Plan for care needs in the future, giving peace of mind.
Is later life lending right for you?
Later life lending can provide flexibility and financial support, but it may not be suitable for everyone.
It can reduce the value of your estate and may affect means-tested benefits or tax. That’s why speaking to a qualified adviser and an independent solicitor is an important part of the process.
Our calculator can give you an indication of what may be available. It provides guidance only and is not a substitute for regulated financial advice.
Look for the logo
When you choose a member of the Equity Release Council, you’re working with a professional who is committed to the highest industry standards.
Each one agrees to follow our rules and guidance, not just at the start of your journey, but throughout the life of your plan.
They’re also committed to our Consumer Charter, which sets out the protections and guarantees you can expect when working with a Council member.
