What is Equity

taking the life of a mortgage in order to boost income in retirement is a big decision, which usually entails a long discussion and debate. This is where the calculator equity release may prove to be very useful, helping to inform any decision in the early stages of the removal plan.

Use the equity calculator in the early stages can identify whether or not you qualify for the plan and how much you could potentially release. This second use could have a major impact on whether or not you decide to proceed with a home reversion plan. For example, if you need a certain amount, a capital is not enough to unlock the current circumstances, then you may decide to consider other avenues.

Providing some clarity to your decisions

find out how your equity can be unlocked using a calculator equity release could be the first step to the plan. Usually, you will have access to expert advice on the life of an experienced mortgage advisor who will help reinforce that whether or not this means additional finance is convenient.

using the calculator is fast and simple and gives you the answers you need, without much waiting. All you need do is fill in a few details about you and your partner, some details about the property and your mortgage, and you'll find out if you qualify to return home and plan how you could potentially unlock.

While a home reversion plan will have the potential to unlock tax-free lump sum of assets to supplement income in retirement, there are considerations that factor into your planning.
The amount of inheritance you leave behind will be affected, as will each benefit claim.

equity release could affect current or future right to the means-tested
The release of capital to spend in your life can reduce the amount that remained in the property when you pass away