Equity Release Calculator

How much equity can you access?
Use our simple equity release calculator. Quick, easy, and no credit checks required. Find out your potential today!

Unlock the power of equity release

Explore practical guides on uses, costs, rates, gifting, eligibility, and the application process for confident decision-making.

What can equity release be used for?

Discover smart and flexible ways to use released equity, from home upgrades to retirement support.

Equity release rates explained

Get a clear overview of how equity release interest rates work and what lenders are offering today.

Try the remortgage calculator

See how a remortgage might unlock equity or lower monthly payments based on your home’s value.

Equity release for over 55s

Find out how equity release could help unlock cash from your home if you’re aged 55 or over.

Release equity by remortgaging

Remortgaging could unlock property equity without selling, see how the process works and what’s needed.

a group of elderly friends discussing the equity release application process

Understand the application process

Know exactly what to expect when applying, from initial checks to when funds are released.

What is a lifetime mortgage?

A quick guide to lifetime mortgages, the most common form of equity release in the UK.

Home reversion plans

You may be able to sell part of your home for a tax-free lump sum or payments with a Home Reversion Plan.

Frequently asked questions

Our Equity Release calculator works by giving you an understanding of how much you could borrow with a lifetime mortgage. You will be asked about your home’s value, the outstanding mortgage amount, and the age of the youngest homeowner. This gives the calculator an idea of your situation, ensuring you get the most accurate estimate.

Remember that these figures are just an indication of what you could borrow. If you want a more accurate idea of your situation, get in touch. We will pair you with an expert advisor at our trusted business partners.

There are two types of Equity Release; the first is a lifetime mortgage and the second is a home reversion plan. Lifetime mortgages involve you taking out a mortgage that is secured against your home. This is usually around 35% of the property’s value. options are available too. Typically, when the homeowner dies or moves into care, the loan is settled through the sale of the house.

A home reversion plan is slightly different. It involves selling a part of your home to a loan provider in return for a tax-free lump sum or smaller payments. Similar to a lifetime mortgage you are able to live in the property until you pass or move into care, and the sale of the property is used to settle the loan. Your percentage of the home will remain the same  even if the property value fluctuates over time.

To find out more about your equity release options, take a look at our Equity Release guide.

At The Mortgage Centres we have a dedicated team of brokers who are ready to guide you on your Equity Release journey. All you need to do is get in touch and we will pair you with a member of our team. They will assess your individual situation and ensure that you are met with the right product to suit your needs.

To organise a free no-obligation consultation, get in touch today.

Excellent

4.98 based on 911 reviews

Danielle Stanton

Verified user

We cannot fault Ipswich Mortgage Centre. Ciaran has been a huge support throughout, knowledgeable and responsive to our queries. Would highly recommend

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United Kingdom, 2 days ago

Mark Paget

Verified user

The services provided by the Mortgage Centre were absolutely first class. The representative, William Holden, took the time to fully understand our particular issues, researched the marketplace and then provided a solid recommendation. I cannot recommend him or the company more strongly.

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United Kingdom, 2 days ago

Theresa Smyth

Verified user

Graham was very helpful from start to finish

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United Kingdom, 4 days ago

Andrew Nixon

Verified user

Graham was a great help and nothing was too much trouble for him . Amazing customer service

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United Kingdom, 4 days ago

William Dines

Verified user

Thank you to Graham for sorting out another mortgage for me!

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United Kingdom, 4 days ago

Angela Emmerson

Verified user

I have had a number of mortgages arranged by The Ipswich Mortgage Centre over a number of years. Each individual advisor has proven themselves to be the utmost professional and competent in their knowledge. More than that they have shown compassion and caring to find ways to aid me at different life challenges. I would highly recommend all the staff and especially William Holden.

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United Kingdom, 4 days ago

Catherine Cotton

Verified user

Calvin helped me when others said it couldn't be done at my age and self employed. He was a calm voice in the storm who helped me immensely and I was always happy to speak with him. A credit to the company, I'd employ him 😊

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United Kingdom, 4 days ago

Darryl

Verified user

I was happy with how responsive Jordan was initially. But I voiced a concern to Jordan on 22/11/2024 that he might not have been a whole of market broker as he did not place me with the lowest overall rate available to me. I also voiced concerns that he advised me that I had to go with a 10% deposit although I preferred a 5%. I was surprised that he did not take this matter as a complaint but advised that he didn't want to "affect" my mortgage application. This left me feeling that if I pressed the issue I would not get the mortgage that I qualified for. I would have liked this issue raised as a complaint so that I could have had the best rate and terms available to me and that is the reason for the score. I did refer some people to Jordan but I did advise them to ensure they got the best rate from the 'whole of market'. Jordan no longer returns my calls.

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United Kingdom, 2 weeks ago

Anonymous

Verified user

The Ipswich Mortgage Centre, particulalry advisor Matthew Bendall, have sourced the best options for me several times. They are very approachable and a great support through a tricky process; and honesty means I trust their advice 100% and they are organised and efficient with regular updates.

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United Kingdom, 3 weeks ago

Kate O

Verified user

William was fantastic. He helped me through a difficult time. He was very approachable and responsive, and explained things clearly to me. He made getting a mortgage by myself whilst going through a separation a lot less stressful. I’m grateful for the time and all the advice William gave me. I would recommend him without hesitation.

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United Kingdom, 3 weeks ago