Equity Release — pricing factors (UK)
What lenders weigh when pricing equity release cases — not live quotes. Use our calculators and speak to an FCA-authorised broker for firm-specific numbers.
Mortgage118 does not publish indicative rate bands. Lender pricing changes daily and depends on your profile.
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What lenders look at
These factors shape whether a equity release case is accepted and how it is priced. They are not a quote.
- Usually aged 55 or over, based on the youngest applicant
- Owns a UK residential property
- Wants to release equity for retirement, family support, debt repayment or home improvements
- Understands the effect on inheritance, benefits and future care funding
- Receives regulated advice before proceeding
- Main residence in acceptable condition
For indicative numbers, use our mortgage calculators and compare brokers who specialise in equity release.
What moves your rate up or down
These are the strongest factors lenders weigh when setting pricing.
- Usually available to homeowners aged 55 or over
- No standard monthly repayments required on many lifetime mortgages
- Loan and interest are normally repaid from the property sale
- Can offer drawdown facilities instead of taking one lump sum
- Advice from a qualified equity release adviser is required
Fee breakdown
Common charges to plan for alongside the headline rate.
Advice Fee
Specialist regulated advice
Varies
some advisers charge on completion
Valuation Fee
Property valuation
£0 - £1,000
often product-dependent
Arrangement Fee
Lender product fee
£0 - £995+
may be added to the loan
Legal Fees
Independent legal work
£500 - £1,500
plus disbursements
Rate FAQs
Quick answers to common pricing questions.
Do I need to make monthly repayments?+
Many lifetime mortgages do not require standard monthly repayments. Interest can roll up and be repaid from the eventual sale, although some plans allow voluntary interest or capital payments.