If you are aged 55 or over and own your home, equity release can help you access some of the value tied up in your property. Mortgage Heroes provide clear, expert advice to help you understand your options and make the right decision for your future.
We compare mortgages to find the right deal for your situation. From high street banks to specialist lenders, we compare thousands of deals to secure the right mortgage for you.
Equity release allows homeowners to unlock money from their property without needing to sell or move out.
The most common type is a lifetime mortgage, where:
If you’re looking to reduce monthly payments instead, Remortgaging could be an alternative.
You can take the money as:
Interest is usually added to the loan, rather than paid monthly, although some plans allow optional repayments.
The amount you can release depends on your age, property value, and personal circumstances.
Equity release may be suitable if you want to:
It is important to understand the long-term impact, including how it may affect inheritance.
Equity release is a long-term financial decision, so it is important to consider:
We will explain everything clearly so you can make an informed decision.
Equity release requires specialist advice and careful planning.
We:
Our focus is helping you make the right decision, not rushing you into one.
We’re also members of the Equity Release Council and we’re authorised and regulated by the Financial Conduct Authority.
Equity release is not right for everyone and can reduce the value of your estate.
We always recommend discussing your plans with family and seeking independent legal advice before proceeding.
Something to think about. A lifetime mortgage, which is secured against your property, will reduce the value of your estate and impact funding long-term care. If you want more detail we can provide you with a personalised illustration to explain exactly what equity release could mean for you and will outline the features and risks.
When we talk about protection, we’re talking about insurance, cover that steps in when life doesn’t go to plan. Whether it’s life assurance, critical illness cover, or income protection, it’s all designed to support you and your family when you need it most.
Choosing the right protection can feel overwhelming, especially with so many types of cover and insurers to choose from. That’s why taking expert advice matters. We offer free, no-obligation advice on products from a panel of leading insurers, helping you understand what you really need, what you don’t, and which options offer the best value for your circumstances. With our support, you can feel confident you’re making the right choice for yourself and your family.
Life assurance is designed to give your loved ones financial support if you’re no longer around. It pays out a lump sum if you pass away during the policy term, helping cover things like the mortgage, day-to-day living costs, or future plans such as education.
It’s not something anyone likes to think about, but having cover in place can bring real peace of mind. You’ll know that, whatever happens, the people who matter most to you will be taken care of.
There are different types of life assurance depending on your needs, and we’re here to help you choose the right one, with clear, honest advice that puts your family’s future first.
Critical Illness Cover is designed to give you financial support if you’re diagnosed with a serious illness like cancer, a heart attack, or a stroke. It pays out a one-off lump sum that you can use however you need, to help cover your mortgage, household bills, or even private treatment while you focus on getting better.
It’s not always easy to think about these things, but planning ahead means you won’t have to rely on savings or loved ones if your health takes a turn. We’ll help you choose the right cover, based on your needs and budget, with clear advice and no pressure.
Income Protection is designed to support you financially if you can’t work due to illness or injury. It pays out a regular monthly income to help you cover essential bills, like your mortgage or rent, utilities, and everyday living costs, so you can focus on recovery, not money worries.
Whether you’re employed or self-employed, this cover acts as a financial safety net when your usual income stops. We’ll help you find the right policy for your needs and budget, with clear, honest advice and no pressure.
ASU cover is designed to give you short-term financial support if you can’t work due to illness, injury, or redundancy. It pays a monthly income to help you manage essential costs like your mortgage or rent, bills, and day-to-day living expenses, giving you breathing space when life takes an unexpected turn.
It’s particularly useful if you don’t have much in savings or your employer offers limited sick pay or redundancy support. We’ll guide you through your options and help you decide if ASU cover is the right fit for your circumstances, with no jargon or pressure.
Your home is likely to be your most valuable asset, and what’s inside it matters just as much. Buildings and contents insurance protects both the structure of your home and your belongings, giving you peace of mind that, if the unexpected happens, you won’t be left facing the cost alone.
Whether it’s damage from a fire, flood, or storm, or the loss of personal items due to theft, this cover helps you put things right. We’ll help you find the right level of protection for your home and everything in it, at a fair price, with no jargon and no pressure.
Family Income Benefit is a type of life insurance that pays out a regular monthly income to your loved ones if you pass away during the policy term. Instead of a one-off lump sum, it provides steady financial support, helping cover everyday living costs, household bills, and family expenses over time.
It’s designed to make life easier for those left behind, offering practical support when it’s needed most. We’ll help you choose the right cover for your family, with advice that’s clear, personal, and pressure-free.
If you are considering a lifetime mortgage for your home, speak to Mortgage Heroes for clear, honest advice and a full understanding of your options.
Get expert mortgage advice, compare deals from across the market, and find out how much you can borrow.
Equity release allows homeowners aged 55 or over to access money from the value of their property without selling it.
