Plan review

If you have an existing equity release plan, we could review your plan to find better features and save you money.

Why Review?

Equity release plans, as we know them today, have been around for the last 15 years. And, of course, things have changed. Interest rates could be lower than when you took your plan out, the amount you could release could be greater, and plans nowadays offer you more features.

 This is a lifetime commitment - read the things to consider before you go ahead

Potentially save thousands

  • With a lower interest rate, you’ll accrue less interest on your loan over time, meaning you could save thousands over the long term
  • You could be eligible to switch to a plan with benefits that better fit your current and future needs

Release more cash
  • Your house may have increased in value and you may be able to borrow more
  • If you now have a health condition, you could potentially borrow more with an ‘enhanced’ plan
  • As you are now older, you may be able to borrow more


We’ll review your plan for free

Equity release reviews are an essential part of financial planning.

If you have an existing equity release plan, one of our independent equity release advisers will search the whole market, ensuring they consider all elements of your existing policy, to find the most suitable plan for your requirements. If they can't find a better suited plan than your existing policy, they'll tell you.

They’ll advise you on both re-mortgage and further advance options. For example, moving to another provider who offers a lower interest rate or releasing further funds from your existing provider.

Even when your plan has early repayment charges that will need to be paid, you could be better off switching to a plan that offers a lower interest rate rather than staying with your existing provider. If we don't think switching will benefit you, we'll tell you.

Get expert, independent advice

Unless you decide to go ahead, our service is completely free of charge as our fixed equity release advice fee of £1,799 is only payable on completion of a plan


Things to consider

  • Equity release may involve a lifetime mortgage, a loan secured against your home which is subject to compound interest. Meaning the amount you owe can grow quickly

  • Equity release will reduce your financial options in the future

  • The loan, plus compound interest, is typically repaid through the sale of the property when the last remaining applicant passes away or moves into long-term care

  • Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits