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.

Elderly couple outside home after discussing equity release uses.

What can equity release be used for?

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

Elderly lady on laptop reviewing equity release on her mortgage.

Equity release rates explained

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

Couple with friend in new home after using our remortgage calculator during the process of purchasing it.

Try the remortgage calculator

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

An elderly pair standing outside of their house after discussing mortgages for over 55s.

Equity release for over 55s

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

Couple hugging outside of new home after re-mortgage goes through.

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.

Couple hugging following lifetime mortgage equity release.

What is a lifetime mortgage?

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

Lady planting flowers following home reversion equity release.

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.

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4.98 based on 937 reviews

Brogan Jardine

Verified user

Jordan was fabulous and very informative, very quick process to move into my new home

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United Kingdom, 1 day ago

Mamita Gurung

Verified user

⭐⭐⭐⭐⭐ Outstanding service from start to finish! I cannot recommend Mark Gardiner highly enough as a mortgage advisor. From our very first conversation, he took the time to fully understand my financial situation, goals, and concerns, and explained every step of the process in clear, simple terms—no confusing jargon at all. Mark went above and beyond to find the best possible mortgage deal tailored exactly to my needs, comparing options thoroughly and always keeping me updated with regular progress reports. He was incredibly responsive, patient, and proactive throughout, anticipating potential issues and resolving them quickly to keep everything on track. Thanks to his expertise, attention to detail, and genuine commitment to getting the best outcome for me, what could have been a stressful process felt smooth and straightforward. I felt completely confident and well-supported at every stage. If you’re looking for a knowledgeable, trustworthy, and dedicated mortgage advisor, Mark is the person to choose. I would not hesitate to use his services again or recommend him to friends and family.I will definitely use him in the future too. Great work

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United Kingdom, 1 week ago

Lisa-Marie Davis

Verified user

We were recently supported by John during our house sale and onward purchase. Everything was effortless and we were kept informed in a timely manner. John also supported us with updating our life insurance and even with some complications and delays John was committed to finding us the best deal and ensuring we had everything covered that we needed.

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United Kingdom, 1 week ago

Taranjeet Minhas

Verified user

I have been using Needham Mortgage centre for the last 15 years and have always received a brilliant and unbiased professional service. Recently introduced them to a work colleague who is a first time buyer and I tell you what, they havent let me down. Will highly recommed them anyone and everyone, all day & everyday!

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United Kingdom, 1 week ago

Lauren Bell

Verified user

John was absolutely amazing throughout what turned into quite a lengthy process. He was incredibly patient, kept in regular contact, and made sure we were fully informed every step of the way. His communication and support made a huge difference, and we’re really grateful for everything he did for us.

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United Kingdom, 1 week ago

Anonymous

Verified user

John and Niki were extremely helpful in arranging our recent re-mortgage. We were able to get a good fixed rate for the next five years. Any questions were answered promptly. I couldn't recommend Mortgage Centre highly enough.

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United Kingdom, 1 week ago

Rory Gooding

Verified user

I couldn't recommend Needham Mortgage Centre highly enough. From the start to the end of buying our first home, Jordan provided us with clear guidance and exceptionally prompt responses to any queries we had. For what we expected to be a stressful and confusing part of buying our first house, the Needham Mortgage Centre couldn't have done any more to make it understandable and stress-free.

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United Kingdom, 1 week ago

Heidi Jennings

Verified user

Mark provided friends and top tier service, he found us a mortgage that worked really well for us, and talked us through all the options so we could make informed decisions. He supported us throughout the entire process with getting our mortgage in principle when looking to buy, right up until completion, we look forward to returning to his service when our mortgage needs renewing. He also put us in touch with other members of the team who helped us with all the different types of insurances, which made the process of buying as a first time buyer so smooth. Thank you for all your support Mark and the rest of the team.

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United Kingdom, 2 weeks ago

Jordan Hamlin

Verified user

We as first time buyers was worried with the the mortgage process but we had Jordan Gardiner who was brilliant finding us the best deals. He is very knowledgeable and professional explaining everything very efficiently and always replying very quickly if we had any questions at all. He had made the process totally stress free. I would 100% recommend Needham Mortgage Centre to anyone looking to remortgage or are trying to get on the property ladder.

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United Kingdom, 2 weeks ago

Charlotte Gardiner

Verified user

Needham Mortgage centre has been incredible throughout our last two moves. They have provided us with excellent advice and support. They kept us updated and chased others where needed. Excellent service.

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United Kingdom, 2 weeks ago