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.

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

Online equity release calculator

Enter a few basic details (no personal details required) to see an indicator of how much equity you could borrow from your home.

Must be at least £70,000.

You could release:


This value is the absolute minimum you’d be able to release from your home.


This value is the typical amount people in circumstances similar to you release from their home.


Depending on any pre-existing health conditions, you may be able to borrow up to this amount.

Speak to an equity release specialist

Looking for equity release advice?

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.

Please note that we charge a fee of £495 for residential, buy-to-let and retirement interest-only mortgages, and £995 for equity release. This only be chargeable upon mortgage completion.

Rest Less Mortgages Ltd is an appointed representative of Julian Harris Mortgages Ltd, Julian Harris House, Musgrove, Ashford. TN23 7UN which is authorised and regulated by the Financial Conduct Authority. Julian Harris Mortgages Ltd FCA Register number is 304155, Co No. 3927189. The Rest Less Mortgages Ltd registered office is: 47 Butt Road, Colchester, England, CO3 3BZ. Registered in England No. 13538805. Please note that some mortgages such as commercial BTLs are not regulated by the FCA. Please see our Privacy Policy.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.

Equity release may involve a lifetime mortgage or a home reversion plan. To understand the features and risks, ask for a personalised illustration.

Equity release may impact the size of your estate and it could affect your entitlement to current and future means-tested benefits.