Equity release calculator

See how much you could unlock from your home with this free, easy to use equity release calculator. No personal details required.

How much equity can I release?

Our equity release calculator will give you an estimate for how much equity you can release from your home in a few seconds.

All we need to calculate this is your age and estimated property value. No personal details required.

If you’d like to speak to someone, you can also arrange to get a free callback from Key Equity Release, our equity release partner.

Use our free equity release calculator

  • See how much equity you can release from your home
  • Get an estimate in seconds
  • No personal details required
  • Get free, expert advice from an adviser at Key Equity Release

Online equity release calculator

Enter a few basic details (no personal details required) to see how much equity you could borrow from your home. These two bits of information are the main things needed to work out how much equity you can release.

Get expert advice

To release equity from your home, it’s an FCA requirement you get specialist advice. A lot of places charge for this advice, but we’ve partnered with Key Equity Release who offer this completely free of charge across their range of Key Equity Release branded products.

  • Regulated, expert advice for free
  • Award-winning service
  • No obligation so you can find out if it’s right for you without it costing you a penny

Key Equity Release will contact you to discuss your needs and where appropriate arrange an appointment with an adviser. Key Equity Release would like to keep you up to date with the latest information about planning your retirement, product updates and special offers. Key Equity Release takes your data and privacy very seriously. For more information about how your data will be used please see the privacy policy at keyadvice.co.uk. If you do not wish to be contacted please tick here:

Thank you for your enquiry

One of our team will be in touch to answer any of your questions and help you decide if equity release is right for you.

Looking for free equity release advice?

We’ve partnered with Key Equity Release who offer free advice on their range of equity release plans. They are a member of the Equity Release Council and have an excellent customer service rating on Trustpilot.

If you are interested in a free, no-obligation conversation with one of Key Equity Release’s specialists, you can call 0800 188 4813 or request a free callback below.

What is equity release?

Equity release provides a way for homeowners aged 55 and over to raise cash against the value of their home.

However, equity release has its drawbacks and can have a significant long term financial impact on your wealth – so it’s important you make sure it’s the right option for you.

Our equity release guides are here to help you understand what equity release is and how it works, to help you make an informed decision.

Is equity release right for me?

Equity release is not available to everyone and there is a range of eligibility criteria that must be met before you can access an equity release product. For instance, the minimum age for being able to access equity release is 55 and there are a number of restrictions on the type of property that might be eligible.

Equity release is also a significant financial decision that needs to be thought through carefully.

You can read more about the Pitfalls of equity release and What you should ask yourself before considering equity release in our guides. 

Types of equity release

There are two main types of equity release scheme:

Lifetime mortgages are by far the most popular type of equity release plan in the UK. This is where you take out a mortgage secured on your home, which does not need to be repaid until you die or go into long-term care. Unlike home reversion, with lifetime mortgages you’ll retain ownership of your property.

Home reversion plans involve selling a percentage of your property to an equity release provider, in return for a cash lump sum or a regular income. You’ll have the right to continue living in your home rent-free until you die or go into long-term care. Once that happens, your property will be sold and the proceeds divided between you and the equity release provider in proportion to the equity they own

Frequently asked questions

What is the minimum age requirement for equity release?

The minimum age to access equity release is 55. If you own the property with someone else, the youngest homeowner also needs to be aged over 55.

What is the minimum amount I can borrow?

The amount you can borrow using an equity release plan is based on your age and the value of your home, but the minimum is typically £10,000 or £15,000.

How does equity release affect Inheritance Tax?

Releasing equity from your property will reduce the value of your property that could be eligible for Inheritance Tax, which could in turn help reduce any potential Inheritance Tax liability.

This is a complex area of financial planning so if you’re considering releasing equity specifically for this reason, it’s essential that you seek professional financial advice first as equity release may well not be suitable for you. If you’re looking for financial advice, take a look at our guide: How to find the right financial advisor for you.

You can also find out more about how Inheritance Tax works generally in our guide Understanding Inheritance Tax.

What happens if I want to downsize in future?

One of the main reasons people opt for equity release is that they want to stay put in their current home. However, it’s important to consider that your plans might change over time, and that you may decide you want to downsize in future. If you have released equity from your property and then move, you’re likely to face charges if you want to use the proceeds of your sale to pay back what you owe.

If you think downsizing could be a possibility, some providers offer what’s known as ‘downsizing protection’. This means that if you do decide to downsize, you can repay your equity-release plan in full – either because you want to pay off what you owe, or because it can’t be transferred to your new home – without being hit by any early repayment charges. Downsizing protection can usually only be used five years after you’ve released equity from your home.

Read more in Five questions to ask yourself if you’re considering downsizing.

Ready to see how much equity you can release?

How does equity release work?

Equity release can be a useful way to raise cash to pay off debts, clear an existing mortgage, boost retirement income, or help out family.

However, equity release has its drawbacks and can have a significant long term financial impact on your wealth. Our guides will help you understand what equity release is, how it works and more, to help you make an informed decision.

More tools from Rest Less

See what you could save on your bills in minutes with these money saving comparison tools.

Never forget a renewal date. Relax and we'll let you know.

Information about Key Equity Release

  • Key Equity Release offer lifetime mortgages only, which is a loan secured against your home. It will reduce the value of your estate and may affect your entitlement to means-tested benefits.
  • A lifetime mortgage, which is a loan secured against your property, is the most popular form of equity release and you’ll retain full ownership of your home.
  • All of Key’s plans meet the Equity Release Council standards and come with several protections, including no negative equity guarantee, which means you’ll never owe more than your home’s value.