If you’re over 55 and sitting on years of built-up equity in your home, you may be able to release money without having to move, sell, or downsize. Whether you want to fund home improvements, help your children get on the property ladder, or simply boost your retirement income, equity release could offer the freedom you need.
At Mortgage Knight, we help you understand your options clearly and confidently. No jargon. No pressure. Just regulated, expert advice to help you make the right decision for your future.
Equity release is a way of accessing the money tied up in your home, tax-free. You stay in your property while receiving a lump sum, regular income, or both.
The most common form is a Lifetime Mortgage—a loan secured against your home that’s repaid when you pass away or move into long-term care.
Equity release may be suitable if you:
Every situation is different, and we’ll always talk through alternatives too.
It’s your money—you choose how to use it.
We’re here to guide—not push.
Status: Retired couple in their early 70s, mortgage-free, wanted to gift £60,000 to help their daughter with a house deposit.
Solution: We arranged a lifetime mortgage of £85,000 on their home, with no monthly payments. They kept full ownership, and the remaining equity was earmarked for inheritance.
Outcome: Their daughter bought her first home, and Alan & Margaret had peace of mind knowing they’d supported her future.
Status: Brenda, 67, lived alone in a detached home but was struggling to cover rising living costs on a modest pension.
Solution: We secured a drawdown lifetime mortgage giving her an initial £20,000 lump sum and access to further funds when needed, without affecting her state benefits.
Outcome: Brenda now enjoys greater financial freedom and no longer worries about bills.
Status: With their interest-only mortgage coming to an end, Michael and Jean (both in their 60s) didn’t want to downsize or be forced to sell.
Solution: We helped them release enough equity to repay their mortgage, removing the monthly payment burden and securing their home for the future.
A: Yes. With a lifetime mortgage, you remain the legal owner of your home.
A: No—unless you choose to. Many plans allow you to roll up interest, or make voluntary payments to reduce the loan.
A: It depends on your age, property value, and health. Typically, you can release 20% to 60% of your property’s value.
A: Most plans offer inheritance protection. You can ring-fence a percentage of your home’s value, and there’s no negative equity, so your estate won’t owe more than your home is worth.
A: Yes—when properly advised. We only work with lenders approved by the Equity Release Council, and every recommendation is FCA-regulated and tailored to you.
The team made everything easy, even with my complicated income. I'd been turned away before, but not here.
