CINXE.COM

<!DOCTYPE html> <html lang="en-GB" xmlns:fb="https://www.facebook.com/2008/fbml" xmlns:og="http://opengraphprotocol.org/schema/" class="hubRendererHTML no-js"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/","20190516152805","https://web.archive.org/","web","/_static/", "1558020485"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <script data-pagespeed-no-defer>//<![CDATA[ (function(){function d(b){var a=window;if(a.addEventListener)a.addEventListener("load",b,!1);else if(a.attachEvent)a.attachEvent("onload",b);else{var c=a.onload;a.onload=function(){b.call(this);c&&c.call(this)}}}var p=Date.now||function(){return+new Date};window.pagespeed=window.pagespeed||{};var q=window.pagespeed;function r(){this.a=!0}r.prototype.c=function(b){b=parseInt(b.substring(0,b.indexOf(" ")),10);return!isNaN(b)&&b<=p()};r.prototype.hasExpired=r.prototype.c;r.prototype.b=function(b){return b.substring(b.indexOf(" ",b.indexOf(" ")+1)+1)};r.prototype.getData=r.prototype.b;r.prototype.f=function(b){var a=document.getElementsByTagName("script"),a=a[a.length-1];a.parentNode.replaceChild(b,a)};r.prototype.replaceLastScript=r.prototype.f; r.prototype.g=function(b){var a=window.localStorage.getItem("pagespeed_lsc_url:"+b),c=document.createElement(a?"style":"link");a&&!this.c(a)?(c.type="text/css",c.appendChild(document.createTextNode(this.b(a)))):(c.rel="stylesheet",c.href=b,this.a=!0);this.f(c)};r.prototype.inlineCss=r.prototype.g; r.prototype.h=function(b,a){var c=window.localStorage.getItem("pagespeed_lsc_url:"+b+" pagespeed_lsc_hash:"+a),f=document.createElement("img");c&&!this.c(c)?f.src=this.b(c):(f.src=b,this.a=!0);for(var c=2,k=arguments.length;c<k;++c){var g=arguments[c].indexOf("=");f.setAttribute(arguments[c].substring(0,g),arguments[c].substring(g+1))}this.f(f)};r.prototype.inlineImg=r.prototype.h; function t(b,a,c,f){a=document.getElementsByTagName(a);for(var k=0,g=a.length;k<g;++k){var e=a[k],m=e.getAttribute("data-pagespeed-lsc-hash"),h=e.getAttribute("data-pagespeed-lsc-url");if(m&&h){h="pagespeed_lsc_url:"+h;c&&(h+=" pagespeed_lsc_hash:"+m);var l=e.getAttribute("data-pagespeed-lsc-expiry"),l=l?(new Date(l)).getTime():"",e=f(e);if(!e){var n=window.localStorage.getItem(h);n&&(e=b.b(n))}e&&(window.localStorage.setItem(h,l+" "+m+" "+e),b.a=!0)}}} function u(b){t(b,"img",!0,function(a){return a.src});t(b,"style",!1,function(a){return a.firstChild?a.firstChild.nodeValue:null})} q.i=function(){if(window.localStorage){var b=new r;q.localStorageCache=b;d(function(){u(b)});d(function(){if(b.a){for(var a=[],c=[],f=0,k=p(),g=0,e=window.localStorage.length;g<e;++g){var m=window.localStorage.key(g);if(!m.indexOf("pagespeed_lsc_url:")){var h=window.localStorage.getItem(m),l=h.indexOf(" "),n=parseInt(h.substring(0,l),10);if(!isNaN(n))if(n<=k){a.push(m);continue}else if(n<f||!f)f=n;c.push(h.substring(l+1,h.indexOf(" ",l+1)))}}k="";f&&(k="; expires="+(new Date(f)).toUTCString());document.cookie= "_GPSLSC="+c.join("!")+k;g=0;for(e=a.length;g<e;++g)window.localStorage.removeItem(a[g]);b.a=!1}})}};q.localStorageCacheInit=q.i;})(); pagespeed.localStorageCacheInit(); //]]></script><link rel="stylesheet" href="/web/20190516152805cs_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/tmgchannels.min.5-29--1.css" type="text/css"><link rel="stylesheet" href="/web/20190516152805cs_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/tmgchannels/financial.min.5-29--1.css" type="text/css"><link rel="stylesheet" href="https://web.archive.org/web/20190516152805cs_/https://static.telegraph.co.uk/financial-services/product-page/dist/css/base.min.css"><link rel="stylesheet" href="https://web.archive.org/web/20190516152805cs_/https://static.telegraph.co.uk/financial-services/product-page/dist/css/profile-base.min.css"><style>.p_hub__section_0 .col{padding:0}#faq h4{font-size:3rem}#faq h2{font-size:2.4rem}.new-style-text{font-weight:100;font-size:2rem;line-height:1.4;font-family:"Austin News Deck",Georgia,Times,serif!important}.fs-inline__equity-iframe{position:relative}.fs-inline__equity-iframe .video-player__loading{background-color:#eee;width:100%;height:435px}.fs-inline__equity-iframe--loaded .video-player__loading{display:none}@media (min-width:1008px){.fs-product-page--version-two .fs-fullwidth img{max-height:405px;object-fit:none}}</style><style>.sponsor-slot.sponsor-slot__below-headline.sponsor-slot--active{display:none}.snippet-header,.advert-banner{padding-bottom:0!important}</style><script> window.tmgFacebookAppId = "1785449471702494"; </script> <title>Equity Release Calculator and Expert Advice | The Telegraph</title> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://static.telegraph.co.uk/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://d3c3cq33003psk.cloudfront.net/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://assets.adobedtm.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://cf.eip.telegraph.co.uk/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://www.google-analytics.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190516152805/https://www.googletagservices.com/"/> <link rel="shortcut icon" href="/web/20190516152805im_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/core/icons/favicon.ico"> <link rel="icon" type="image/png" sizes="152x152" href="/web/20190516152805im_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/core/icons/favicon-152x152.png"> <link rel="apple-touch-icon" sizes="152x152" href="/web/20190516152805im_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/core/icons/favicon-152x152.png"> <meta name="msapplication-TileColor" content="#2c769d"> <meta name="msapplication-TileImage" content="/etc/designs/telegraph/core/clientlibs/core/icons/mstile-144x144.png">  <meta name="msapplication-tooltip" content="The Telegraph"> <meta name="msapplication-config" content="/etc/designs/telegraph/core/clientlibs/core/icons/browserconfig.xml"> <meta name="msapplication-square310x310logo" content="/etc/designs/telegraph/core/clientlibs/core/icons/mstile-310x310.png"> <meta name="msapplication-wide310x150logo" content="/etc/designs/telegraph/core/clientlibs/core/icons/mstile-310x150.png"> <meta name="msapplication-square150x150logo" content="/etc/designs/telegraph/core/clientlibs/core/icons/mstile-150x150.png"> <meta name="msapplication-square70x70logo" content="/etc/designs/telegraph/core/clientlibs/core/icons/mstile-70x70.png"> <meta name="viewport" content="width=device-width, initial-scale=1, user-scalable=yes"/> <script> !function(k){function g(d){for(var f,h,m=d[0],b=d[1],p=d[2],q=0,e=[];q<m.length;q++)h=m[q],n[h]&&e.push(n[h][0]),n[h]=0;for(f in b)Object.prototype.hasOwnProperty.call(b,f)&&(k[f]=b[f]);for(a&&a(d);e.length;)e.shift()();return l.push.apply(l,p||[]),c()}function c(){for(var d,a=0;a<l.length;a++){for(var h=l[a],m=!0,c=1;c<h.length;c++)0!==n[h[c]]&&(m=!1);m&&(l.splice(a--,1),d=b(b.s=h[0]))}return d}function b(d){if(e[d])return e[d].exports;var a=e[d]={i:d,l:!1,exports:{}};return k[d].call(a.exports,a,a.exports,b),a.l=!0,a.exports}var e={},n={1:0},l=[];b.m=k;b.c=e;b.d=function(a,f,h){b.o(a,f)||Object.defineProperty(a,f,{enumerable:!0,get:h})};b.r=function(a){"undefined"!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(a,Symbol.toStringTag,{value:"Module"});Object.defineProperty(a,"__esModule",{value:!0})};b.t=function(a,f){if((1&f&&(a=b(a)),8&f)||4&f&&"object"==typeof a&&a&&a.__esModule)return a;var d=Object.create(null);if(b.r(d),Object.defineProperty(d,"default",{enumerable:!0,value:a}),2&f&&"string"!=typeof a)for(var m in a)b.d(d,m,function(d){return a[d]}.bind(null,m));return d};b.n=function(a){var d=a&&a.__esModule?function(){return a.default}:function(){return a};return b.d(d,"a",d),d};b.o=function(a,f){return Object.prototype.hasOwnProperty.call(a,f)};b.p="";var p=window["tmg.build"]=window["tmg.build"]||[],r=p.push.bind(p);p.push=g;p=p.slice();for(var q=0;q<p.length;q++)g(p[q]);var a=r;c()}([]);(window["tmg.build"]=window["tmg.build"]||[]).push([[0],{0:function(k,g,c){var b,e;c=[g];void 0===(e="function"==typeof(b=function(b){Object.defineProperty(b,"__esModule",{value:!0});window.tmg=window.tmg||{};var c=function(b){try{var c=tmg,l=b.split(".");return"tmg"===l[0]&&(l=l.slice(1)),l.forEach(function(a){void 0===c[a]&&(c[a]={});c=c[a]}),c}catch(a){console.warn("couldn't create namespace:",b)}};window.tmg.createNamespace=c;b.default={create:c}})?b.apply(g,c):b)||(k.exports=e)},1:function(k,g,c){var b,e;c=[g,c(0)];void 0===(e="function"==typeof(b=function(b,c){Object.defineProperty(b,"__esModule",{value:!0});c=c&&c.__esModule?c:{default:c};var l=function(){function b(a,d){for(var f=0;f<d.length;f++){var b=d[f];b.enumerable=b.enumerable||!1;b.configurable=!0;"value"in b&&(b.writable=!0);Object.defineProperty(a,b.key,b)}}return function(a,d,f){return d&&b(a.prototype,d),f&&b(a,f),a}}(),e=new (function(){function b(){if(!(this instanceof b))throw new TypeError("Cannot call a class as a function");!0;this.topics=[];this.publishedTopics=[];this.UID=-1}return l(b,[{key:"subscribe",value:function(a){var d=a.topic,b=a.func;if("function"!=typeof b)return!1;if(a.runIfAlreadyPublished)for(a=0;a<this.publishedTopics.length;a++)this.publishedTopics[a]===d&&b.call();a=(this.UID+=1).toString();return this.topics.push({token:a,topic:d,func:b}),a}},{key:"unsubscribe",value:function(a){a=a.topic;for(var d=0;d<this.topics.length;d++)this.topics[d].topic===a&&this.topics.splice(d,1)}},{key:"publish",value:function(a){a=a.topic;this.publishedTopics.push(a);for(var d=0;d<this.topics.length;d++)this.topics[d].topic===a&&this.topics[d].func.call()}}]),b}());c.default.create("tmg.pubsub");window.tmg.pubsub=e;b.default=e})?b.apply(g,c):b)||(k.exports=e)},20:function(k,g,c){var b,e;c=[g,c(0),c(1)];void 0===(e="function"==typeof(b=function(b,c,e){Object.defineProperty(b,"__esModule",{value:!0});var l=c&&c.__esModule?c:{default:c},n=e&&e.__esModule?e:{default:e},a=function(){function a(a,d){for(var b=0;b<d.length;b++){var f=d[b];f.enumerable=f.enumerable||!1;f.configurable=!0;"value"in f&&(f.writable=!0);Object.defineProperty(a,f.key,f)}}return function(d,b,c){return b&&a(d.prototype,b),c&&a(d,c),d}}();c=function(){function d(){if(!(this instanceof d))throw new TypeError("Cannot call a class as a function");!0;l.default.create("tmg.polyfill");this.race()}return a(d,[{key:"race",value:function(){return setTimeout(function(){window.tmg.polyfill.complete()},3E3)}}],[{key:"complete",value:function(){window.tmg.polyfill.complete=function(){};n.default.publish({topic:"tmg.polyfill.ready"})}}]),d}();e=new c;window.tmg.polyfill={complete:c.complete};b.default=e})?b.apply(g,c):b)||(k.exports=e)},21:function(k,g,c){var b,e;c=[g];void 0===(e="function"==typeof(b=function(b){function c(a){a:{for(var d=e(),b=d.length-1;0<=b;b--){var c=d[b];if(a===c.name){a=c;break a}}a=void 0}return a}function e(){if(a){if(a.getEntriesByType)return a.getEntriesByType("mark");if(a.webkitGetEntriesByType)return a.webkitGetEntriesByType("mark")}return g}Object.defineProperty(b,"__esModule",{value:!0});var g=[],n=[],a=window.performance||{},d=Date.now?Date.now():+new Date,f=function(){return a&&(a.now||a.webkitNow||a.msNow||a.mozNow)?a.now():(Date.now?Date.now():+new Date)-d},h={now:f,mark:function(b){if(a){if(a.mark)return a.mark(b);if(a.webkitMark)return a.webkitMark(b)}g.push({name:b,entryType:"mark",startTime:f(),duration:0})},measure:function(b,d,e){var h=0,m=f();if(void 0===d&&c("RUM_start")&&(d="RUM_start"),a){if(a.measure)return d?e?a.measure(b,d,e):a.measure(b,d):a.measure(b);if(a.webkitMeasure)return a.webkitMeasure(b,d,e)}if(d)if(h=c(d))h=h.startTime;else{if(!(a&&a.timing&&a.timing[d]))return;h=a.timing[d]-a.timing.navigationStart}if(e)if(d=c(e))m=d.startTime;else{if(!(a&&a.timing&&a.timing[e]))return;m=a.timing[e]-a.timing.navigationStart}n.push({name:b,entryType:"measure",startTime:h,duration:m-h})},marks:g,measures:n};window.RUM=h;a&&a.timing&&a.timing.navigationStart&&(d=a.timing.navigationStart);window.addEventListener("beforeunload",function(){var a=document.cookie.match("(^|;)\\s*AMCV_2C7336C753C676BA0A490D4B%40AdobeOrg\\s*\x3d\\s*([^;]+)");var d=a?decodeURIComponent(a.pop()).split("|")[4]:"";a=e();if(d&&"ga"in window)for(d=a.length-1;0<=d;d--){var b=a[d],c=b.name.split("_"),f=c[0],h=c[1];c=c[2];b=Math.round(b.startTime);f&&h&&c&&b&&ga("send",{hitType:"timing",timingCategory:f,timingVar:h,timingValue:b,timingLabel:c})}});b.default=h})?b.apply(g,c):b)||(k.exports=e)},22:function(k,g,c){var b,e;c=[c(0),c(1)];void 0===(e="function"==typeof(b=function(b,c){var e=b&&b.__esModule?b:{default:b};b=c&&c.__esModule?c:{default:c};var g=function(){function a(a,b){for(var d=0;d<b.length;d++){var c=b[d];c.enumerable=c.enumerable||!1;c.configurable=!0;"value"in c&&(c.writable=!0);Object.defineProperty(a,c.key,c)}}return function(b,c,e){return c&&a(b.prototype,c),e&&a(b,e),b}}(),l=function(){function a(b){if(!(this instanceof a))throw new TypeError("Cannot call a class as a function");!0;this.elements=(Array.isArray(b)?b:[b]).filter(this.isValid)}return g(a,[{key:"init",value:function(){var a=this.createObserver();this.elements.forEach(function(b){a.observe(b)})}},{key:"createObserver",value:function(){return new IntersectionObserver(this.observerCallback.bind(this),{rootMargin:"100px 0px",threshold:.1})}},{key:"observerCallback",value:function(a,b){var d=this;a.forEach(function(a){a.isIntersecting&&(a=a.target,d.createImage(a),b.unobserve(a))})}},{key:"isValid",value:function(a){return!!a.dataset.src}},{key:"createImage",value:function(a){var b=document.createElement("img");b.setAttribute("height",0);b.onload=this.displayImage(a,b);"id srcset sizes alt title src class".split(" ").forEach(function(c){a.dataset[c]&&(b.setAttribute(c,a.dataset[c]),a.removeAttribute("data-"+c))});b.classList.add("is-loading");a.appendChild(b)}},{key:"displayImage",value:function(a,b){return function(){b.removeAttribute("height");a.style.height=null;a.style.paddingTop=null;b.classList.add("is-loaded");b.classList.remove("is-loading");a.classList.add("is-ready")}}}]),a}();b.default.subscribe({topic:"tmg.page.ready",func:function(){var a=[].concat(function(a){if(Array.isArray(a)){for(var b=0,c=Array(a.length);b<a.length;b++)c[b]=a[b];return c}return Array.from(a)}(document.querySelectorAll('[data-js\x3d"LazyImage"]')));a=new l(a);var b={createImage:a.createImage,displayImage:a.displayImage};e.default.create("tmg.lazyImage");tmg.lazyImage=b;a.init()},runIfAlreadyPublished:!0})})?b.apply(g,c):b)||(k.exports=e)},23:function(k,g,c){var b,e;c=[c(1)];void 0===(e="function"==typeof(b=function(b){var c=b&&b.__esModule?b:{default:b};c.default.subscribe({topic:"tmg.polyfill.ready",func:function(){c.default.publish({topic:"tmg.page.ready"})},runIfAlreadyPublished:!0})})?b.apply(g,c):b)||(k.exports=e)},47:function(k,g,c){var b,e;c=[g,c(0),c(1),c(20),c(21),c(22),c(23)];void 0===(e="function"==typeof(b=function(b,c,e,g,k,a,d){function f(a){return a&&a.__esModule?a:{default:a}}Object.defineProperty(b,"__esModule",{value:!0});c=f(c);e=f(e);g=f(g);k=f(k);a=f(a);d=f(d);b.default={namespace:c.default,pubsub:e.default,polyfill:g.default,rum:k.default,pageReady:d.default,lazyimage:a.default}})?b.apply(g,c):b)||(k.exports=e)}}]);(window["tmg.build"]=window["tmg.build"]||[]).push([[8],[],[[47,1,0]]]); </script> <script src="https://web.archive.org/web/20190516152805js_/https://cdn.polyfill.io/v3/polyfill.min.js?features=default,fetch,IntersectionObserver&callback=tmg.polyfill.complete" defer></script> <script> RUM.mark( 'js_load_polyfill' ); </script> <script> RUM.mark( 'css_load_tmgchannels' ); </script> <script> window.clientlibs ={"css":{},"js":{"respond_js":{"load":["/etc/designs/telegraph/core/clientlibs/respond.min.5-29--1.js"],"test":"Modernizr.mq(\"only all\")"},"json_js":{"load":["/etc/designs/telegraph/core/clientlibs/json.min.5-29--1.js"],"test":"window.JSON"},"core_js":{"load":["/etc/designs/telegraph/core/clientlibs/core.min.5-29--1.js"]}}}; </script> <script type="text/javascript" src="/web/20190516152805js_/https://www.telegraph.co.uk/etc/designs/telegraph/core/clientlibs/core/head.min.5-29--1.js"></script> <script> RUM.mark( 'js_load_head' ); </script> <script> window.clientlibs.js.twitter_js = { test: "document.querySelectorAll && document.querySelectorAll('.twitter-follow-button, .twitter-tweet, .twitter-timeline').length === 0", load: ["//web.archive.org/web/20190516152805/https://platform.twitter.com/widgets.js"] };  window.clientlibs.js.ooyala_core = { test: true, load: ["/etc/designs/telegraph/core/clientlibs/core/vendor/ooyala/ooyala-player.min.js", "https://web.archive.org/web/20190516152805/https://sb.scorecardresearch.com/c2/plugins/streamingtag_plugin_ooyalav4.js"] }; window.clientlibs.js.facebook_sdk = { test: "document.querySelectorAll && document.querySelectorAll('.fb-page').length === 0", load: ["//web.archive.org/web/20190516152805/https://connect.facebook.net/en_GB/sdk.js"] }; </script> <script> var mapApiPath = "//web.archive.org/web/20190516152805/https://maps.googleapis.com/maps/api/js?v=3&client=gme-telegraphmediagroup1" + "&callback=tmgJQ.fn.telegraph_product_map"; window.clientlibs.js.google_maps = { test: "document.querySelectorAll && !document.querySelectorAll('.js-product-map').length", load: [mapApiPath] }; </script> <link rel="canonical" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/"/> <meta name="description" content="Read the latest equity release mortgage insights. TRY our equity release calculator to see how much TAX-FREE cash you could access from your property."> <meta name="keywords" content="Equity Release Calculator,Lifetime Mortgage,Drawdown Lifetime Mortgages,No Obligation Guide,Interest Payment Lifetime Mortgages,Protected Lifetime Mortgages,Interest Payment Flexible Lifetime Mortgages,Equity Release,Equity Release Guide,Equity Release Council,Early Inheritance,Home Reversion Plans"> <meta name="tmgads.channel" content="financial-services"> <meta name="tmgads.section" content="financialservices-retirementsolutions"> <meta name="tmgads.zone" content="financial-services.retirement-solutions.equity-release-service"> <meta name="tmgads.articleid" content="AljfqFYcJjlX"> <meta name="tmgads.pagetype" content="index"> <meta name="tmgads.level" content="3"> <meta name="tmgads.otherdata"> <meta name="tmgads.geo" content="US"></meta> <meta name="tmgads.keywords" content="Equity Release Calculator,Lifetime Mortgage,Drawdown Lifetime Mortgages,No Obligation Guide,Interest Payment Lifetime Mortgages,Protected Lifetime Mortgages,Interest Payment Flexible Lifetime Mortgages,Equity Release,Equity Release Guide,Equity Release Council,Early Inheritance,Home Reversion Plans"> <meta name="DCSext.Channel" content="financial-services"> <meta name="DCSext.Category" content="retirement-solutions"> <meta name="DCSext.Genre" content="equity-release-service"> <meta name="DCSext.MLC" content="/financial-services/retirement-solutions"> <meta name="DCSext.articleId" content="AljfqFYcJjlX"> <meta name="DCSext.Content_Type" content="index"> <meta name="DCSext.Level" content="3"> <meta name="DCSext.author"> <meta name="DCSext.articleFirstPublished" content="2016-02-15 15:32"> <meta name="DCSext.cf" content="0"></meta> <meta name="DCSext.cd" content="0"></meta> <meta name="DCSext.cn" content="0"></meta> <meta name="DCSext.pd" content="1"></meta> <meta property="og:title" content="Equity Release"> <meta property="og:description" content="Read the latest equity release mortgage insights. TRY our equity release calculator to see how much TAX-FREE cash you could access from your property."> <meta property="og:type" content="article"> <meta property="og:site_name" content="The Telegraph"> <meta property="og:url" content="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/"> <meta property="og:image"> <meta name="twitter:title" content="Equity Release"> <meta name="twitter:url" content="https://web.archive.org/web/20190516152805im_/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/"> <meta name="twitter:image"> <meta name="twitter:site" content="@Telegraph"> <meta name="twitter:description" content="Read the latest equity release mortgage insights. TRY our equity release calculator to see how much TAX-FREE cash you could access from your property."> <meta name="twitter:card" content="summary_large_image"> <meta name="tmgads.businessSegment" content="sponsored"> <meta name="tmg.sponsor" content="Telegraph Financial Solutions"> <meta name="DCSext.campaignId" content="000000"> <meta name="DCSext.campaignStart" content="2016-02-19T13:27+0000"> <meta name="DCSext.campaignEnd" content="2021-02-19T18:00+0000"> <meta name="DCSext.sponsored" content="true"> <meta name="tmg.premium.override" content="false"> <meta name="tmg.premium.state" content="false"> <meta name="premiumContentOnFirstPublish" content="false"> <meta property="article:content_tier" content="free"> <meta property="fb:pages" content="143666524748"> <meta property="fb:pages" content="1438053159792450"> <meta property="fb:pages" content="1069269459751990"> <meta property="fb:pages" content="985629951556153"> <meta property="fb:pages" content="121391718031592"> <meta property="fb:pages" content="187451147952038"> <meta property="fb:pages" content="244632882562393"> <meta property="fb:pages" content="1443454839014980"> <meta property="fb:pages" content="551022578388741"> <meta property="fb:pages" content="534435549980003"> <meta property="fb:pages" content="751195545009382"> <meta property="fb:pages" content="116941904987458"> <meta property="fb:pages" content="285329994977070"> <meta property="fb:pages" content="122346694516955"> <script> var dataLayer = { pageName:'Financial Solutions\\\/Retirement Solutions\\\/Equity Release', pageType: 'hubRenderer', pageId: 'AljfqFYcJjlX', conceptIds: '[]', rollupContentPath: '/financial-services/retirement-solutions/equity-release-service', videoEmbedded: 'false', videoEmbedCount: '0' }; window.tmg.dataLayerUtils.update(); </script> <script src="//web.archive.org/web/20190516152805js_/https://assets.adobedtm.com/71dcbb11123ce6b2e1ce4d47fd79a130aad3fc95/satelliteLib-177113f60f763788009998023cd15615fe2168a2.js"></script> <script> RUM.mark( 'js_load_dtm' ); </script> <script> var pageData = {"commercial":{"financial-services":{"equity-release-service":{"equity-release-calculator":{},"lifetime-mortgage":{},"drawdown-lifetime-mortgages":{},"no-obligation-guide":{},"interest-payment-lifetime-mortgages":{},"protected-lifetime-mortgages":{},"interest-payment-flexible-lifetime-mortgages":{},"equity-release-guide":{},"equity-release-council":{},"early-inheritance":{},"home-reversion-plans":{}}}}}; </script> <script> var tmgAds = tmgAds || {}; tmgAds.sticky = true; </script> <script src="https://web.archive.org/web/20190516152805js_/https://static.telegraph.co.uk/telegraph-advertising/tmg-gpt.min.js" async></script> <script> RUM.mark( 'js_load_gpt' ); </script> <meta name="robots" content=""> <script> window.tmgOoyala = { api: { pcode: 'RvbGU6Z74XE_a3bj4QwRGByhq9h2', playerBrandingId: 'ZTIxYmJjZDM2NWYzZDViZGRiOWJjYzc5' } }; </script>  <script>!function(){function o(n,i){if(n&&i)for(var r in i)i.hasOwnProperty(r)&&(void 0===n[r]?n[r]=i[r]:n[r].constructor===Object&&i[r].constructor===Object?o(n[r],i[r]):n[r]=i[r])}try{var n=decodeURIComponent("");if(n.length>0&&window.JSON&&"function"==typeof window.JSON.parse){var i=JSON.parse(n);void 0!==window.BOOMR_config?o(window.BOOMR_config,i):window.BOOMR_config=i}}catch(r){window.console&&"function"==typeof window.console.error&&console.error("mPulse: Could not parse configuration",r)}}();</script> <script>!function(a){var e="https://web.archive.org/web/20190516152805/https://s.go-mpulse.net/boomerang/",t="addEventListener";if("False"=="True")a.BOOMR_config=a.BOOMR_config||{},a.BOOMR_config.PageParams=a.BOOMR_config.PageParams||{},a.BOOMR_config.PageParams.pci=!0,e="https://web.archive.org/web/20190516152805/https://s2.go-mpulse.net/boomerang/";if(function(){function n(e){a.BOOMR_onload=e&&e.timeStamp||(new Date).getTime()}if(!a.BOOMR||!a.BOOMR.version&&!a.BOOMR.snippetExecuted){a.BOOMR=a.BOOMR||{},a.BOOMR.snippetExecuted=!0;var i,o,r,O=document.createElement("iframe");if(a[t])a[t]("load",n,!1);else if(a.attachEvent)a.attachEvent("onload",n);O.src="javascript:void(0)",O.title="",O.role="presentation",(O.frameElement||O).style.cssText="width:0;height:0;border:0;display:none;",r=document.getElementsByTagName("script")[0],r.parentNode.insertBefore(O,r);try{o=O.contentWindow.document}catch(_){i=document.domain,O.src="javascript:var d=document.open();d.domain='"+i+"';void(0);",o=O.contentWindow.document}o.open()._l=function(){var a=this.createElement("script");if(i)this.domain=i;a.id="boomr-if-as",a.src=e+"GHENT-R5DY7-KAG4V-6EY7K-3RGVU",BOOMR_lstart=(new Date).getTime(),this.body.appendChild(a)},o.write("<bo"+'dy onload="document._l();">'),o.close()}}(),"".length>0)if(a&&"performance"in a&&a.performance&&"function"==typeof a.performance.setResourceTimingBufferSize)a.performance.setResourceTimingBufferSize();!function(){if(BOOMR=a.BOOMR||{},BOOMR.plugins=BOOMR.plugins||{},!BOOMR.plugins.AK){var e=""=="true"?1:0,t="",n="z7y6kuqxe3wuwxg5qgcq-f-20ee2a80c-clientnsv4-s.akamaihd.net",i={"ak.v":20,"ak.cp":"44707","ak.ai":parseInt("148538",10),"ak.ol":"0","ak.cr":4,"ak.ipv":4,"ak.proto":"","ak.rid":"8fd73db","ak.r":17497,"ak.a2":e,"ak.m":"j","ak.n":"essl","ak.bpcip":"207.241.229.0","ak.cport":57040,"ak.gh":"23.61.195.150","ak.quicv":"","ak.tlsv":"tls1.2","ak.0rtt":"","ak.csrc":"-","ak.acc":"reno","ak.t":"1558020485"};if(""!==t)i["ak.ruds"]=t;var o={i:!1,av:function(e){var t="http.initiator";if(e&&(!e[t]||"spa_hard"===e[t]))i["ak.feo"]=void 0!==a.aFeoApplied?1:0,BOOMR.addVar(i)},rv:function(){var a=["ak.bpcip","ak.cport","ak.cr","ak.csrc","ak.gh","ak.ipv","ak.m","ak.n","ak.ol","ak.proto","ak.quicv","ak.tlsv","ak.0rtt","ak.r","ak.acc","ak.t"];BOOMR.removeVar(a)}};BOOMR.plugins.AK={akVars:i,akDNSPreFetchDomain:n,init:function(){if(!o.i){var a=BOOMR.subscribe;a("before_beacon",o.av,null,null),a("onbeacon",o.rv,null,null),o.i=!0}return this},is_complete:function(){return!0}}}}()}(window);</script></head> <body class="hubRenderer "> <div class="advert-banner container js-advert-banner"> <div id="advert_tmg_ban" class="js-advert advert " data-adtype="ban"></div> </div> <div class="my-telegraph" hidden> <nav class="my-telegraph__nav container container--flush" data-test="my-telegraph" aria-label="My Feed"> <ul class="my-telegraph__list" role="menubar" aria-label="My Feed"> <li class="my-telegraph__item "> <a class="my-telegraph__link" role="menuitem" href="/web/20190516152805/https://www.telegraph.co.uk/"> <svg class="my-telegraph__icon my-telegraph__icon--thornton" data-ampclass="my-telegraph__icon my-telegraph__icon--thornton" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 21 21"> <title>Telegraph logo</title> <rect class="my-telegraph__icon-background" data-ampclass="my-telegraph__icon-background" x="3.32" y="3.32" width="14.35" height="14.35" transform="translate(-4.35 10.5) rotate(-45)"/> <path class="my-telegraph__icon-foreground" data-ampclass="my-telegraph__icon-foreground" d="M6.74,11.57A3.69,3.69,0,0,1,9.11,8.33l.1.14a2.45,2.45,0,0,0-.74,1.87,3.37,3.37,0,0,0,.76,2.38A1.06,1.06,0,0,0,9.49,12V10.46l2-1.46.12.15a1.44,1.44,0,0,0-.29.87v1c0,.77-1.21,1.54-2,1.86a2.74,2.74,0,0,0,1.88.63,5.4,5.4,0,0,0,.8,0V8.86a8.32,8.32,0,0,1-1.76-.34,9,9,0,0,0-2-.41c-.8,0-1.77.27-1.79,1.43,0,.11,0,.23,0,.36L6.32,10a3,3,0,0,1-.21-1.08A2.64,2.64,0,0,1,8.86,6.15,8.56,8.56,0,0,1,11,6.54a7.21,7.21,0,0,0,1.88.34.44.44,0,0,0,.5-.46.47.47,0,0,0-.41-.5l0-.2c.75.14,1.55.59,1.55,1.5,0,1.08-.81,1.64-2.16,1.64h-.11v4.5a2.72,2.72,0,0,0,1.83-1.26l.18.09a4,4,0,0,1-3.75,3.06,3.48,3.48,0,0,1-3.8-3.7"/> <path class="my-telegraph__icon-background" data-ampclass="my-telegraph__icon-foreground" d="M10.5,0,0,10.5,10.5,21,21,10.5Zm0,15.44a3.6,3.6,0,0,1-3.94-3.83A3.82,3.82,0,0,1,9.06,8.25l.11.15a2.53,2.53,0,0,0-.76,1.93,3.49,3.49,0,0,0,.79,2.46,1.1,1.1,0,0,0,.26-.7V10.46l2.12-1.51.12.16a1.49,1.49,0,0,0-.3.9v1c0,.8-1.25,1.59-2.05,1.92a2.84,2.84,0,0,0,1.95.66,5.59,5.59,0,0,0,.83-.05V8.8a8.61,8.61,0,0,1-1.82-.35A9.3,9.3,0,0,0,8.21,8C7.38,8,6.38,8.3,6.35,9.5c0,.12,0,.24,0,.37l-.2.07A3.16,3.16,0,0,1,6,8.82,2.73,2.73,0,0,1,8.8,6,8.86,8.86,0,0,1,11,6.41,7.46,7.46,0,0,0,13,6.76a.45.45,0,0,0,.51-.47.48.48,0,0,0-.42-.51l0-.21c.78.14,1.61.61,1.61,1.55,0,1.12-.84,1.7-2.24,1.7h-.12v4.66a2.82,2.82,0,0,0,1.89-1.3l.19.09A4.08,4.08,0,0,1,10.55,15.44Z"/> </svg> <span class="my-telegraph__text">Home</span> </a> </li> <li class="my-telegraph__item"> <a class="my-telegraph__link" role="menuitem" href="/web/20190516152805/https://www.telegraph.co.uk/mytelegraph/" data-icid="{ "brand": "navbar", "product": "mytelegraph", "contentLocation": "myfeed" }"> <span class="notification" data-js="notification"> <svg class="my-telegraph__icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 16"> <title>Feed of articles</title> <path d="M12 0H1L0 1V15L1 16H12L13 15V1L12 0ZM10 12H3V10H10V12ZM10 9H3V7H10V9ZM10 6H3V4H10V6Z"/> </svg> </span> <span class="my-telegraph__text">My Feed</span> </a> </li> <li class="my-telegraph__item"> <a class="my-telegraph__link" role="menuitem" href="/web/20190516152805/https://www.telegraph.co.uk/mytelegraph/saved/" data-icid="{ "brand": "navbar", "product": "mytelegraph", "contentLocation": "saved" }"> <svg class="my-telegraph__icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 13 16"> <title>Saved articles</title> <path class="ribbon--outline" d="M9.37,1.5l.13.12V13.05L6.4,10.79l-.88-.64-.88.64L1.5,13.06V1.62l.12-.12H9.37M10,0H1L0,1V16l5.52-4L11,16V1L10,0Z"/> <polyline class="ribbon--inside" points="0 0, 11 0, 11 16, 6 11, 0 16, 0 0"/> </svg> <span class="my-telegraph__text">Saved</span> </a> </li> </ul> </nav> </div> <div id="fb-root"></div> <section class="snippet-overlay-nav"> <div class="container">  <div class="overlay-nav-logobar component"> <div class="component-content"> <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/" class="overlay-nav-logobar__link"> <img class="responsive-image overlay-nav-logobar__img" width="320" height="51" alt="The Telegraph" data-frz-ratio="6.27" src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/TheTelegraph_portal_white-320-small.png" data-frz-src-array="[{'src':'/content/dam/TheTelegraph_portal_white-320-xsmall.png','width':160,'height':25,'percentageImageRatio':'15.62'},{'src':'/content/dam/TheTelegraph_portal_white-320-small.png','width':320,'height':51,'percentageImageRatio':'15.94'},{'src':'/content/dam/TheTelegraph_portal_white-320-medium.png','width':480,'height':76,'percentageImageRatio':'15.83'},{'src':'/content/dam/TheTelegraph_portal_white-320-large.png','width':720,'height':114,'percentageImageRatio':'15.83'},{'src':'/content/dam/TheTelegraph_portal_white-320-xlarge.png','width':1280,'height':204,'percentageImageRatio':'15.94'},{'src':'/content/dam/TheTelegraph_portal_white-320-xxlarge.png','width':1500,'height':239,'percentageImageRatio':'15.93'}]"/> </a> </div> </div>  <div class="overlay-nav-button component"> <div class="component-content"> <button class="overlay-nav-button__button"> <span class="overlay-nav-button__label"></span> </button> </div> </div> <div class="overlay-menu-wrapper">  <div class="overlay-nav-primary component" data-tmg-dtm-nav-area="overlaynav"> <div class="component-content"> <nav> <ul class="overlay-nav-primary__list"> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/news/" data-tmg-dtm-nav="1-nav:/news.html"> News </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " title="Politics" href="/web/20190516152805/https://www.telegraph.co.uk/news/politics/" data-tmg-dtm-nav="2-nav:/news/politics.html"> Politics </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/news/world/" data-tmg-dtm-nav="3-nav:/news/world.html"> World </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/sport/" data-tmg-dtm-nav="4-nav:/sport.html"> Sport </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/technology/" data-tmg-dtm-nav="5-nav:/technology.html"> Technology </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/business/" data-tmg-dtm-nav="6-nav:/business.html"> Business </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/money/" data-tmg-dtm-nav="7-nav:/money.html"> Money </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/opinion/" data-tmg-dtm-nav="8-nav:/opinion.html"> Opinion </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/obituaries/" data-tmg-dtm-nav="9-nav:/obituaries.html"> Obituaries </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/travel/" data-tmg-dtm-nav="10-nav:/travel.html"> Travel </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/culture/" data-tmg-dtm-nav="11-nav:/culture.html"> Culture </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/lifestyle/" data-tmg-dtm-nav="12-nav:/lifestyle.html"> Lifestyle </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/women/" data-tmg-dtm-nav="13-nav:/women.html"> Women </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " title="Family" href="/web/20190516152805/https://www.telegraph.co.uk/family/" data-tmg-dtm-nav="14-nav:/family.html"> Family </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/health-fitness/" data-tmg-dtm-nav="15-nav:/health-fitness.html"> Health and Fitness </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/fashion/" data-tmg-dtm-nav="16-nav:/fashion.html"> Fashion </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " title="Luxury" href="/web/20190516152805/https://www.telegraph.co.uk/luxury/" data-tmg-dtm-nav="17-nav:/luxury.html"> Luxury </a> </li> <li class="overlay-nav-primary__item "> <a class="overlay-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/cars/" data-tmg-dtm-nav="18-nav:/cars.html"> Cars </a> </li> </ul> </nav> </div> </div>  <div class="overlay-nav-secondary component" data-tmg-dtm-nav-area="overlaynav"> <div class="component-content"> <nav> <ul class="overlay-nav-secondary__list"> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " title="Free Mobile app" href="https://web.archive.org/web/20190516152805/http://m.onelink.me/710a462e" data-tmg-dtm-nav="1-nav:http://m.onelink.me/710a462e"> Free Mobile App </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/vouchercodes" data-tmg-dtm-nav="2-nav:https://www.telegraph.co.uk/vouchercodes"> Voucher Codes </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/http://jobs.telegraph.co.uk/" data-tmg-dtm-nav="3-nav:http://jobs.telegraph.co.uk/"> Jobs </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/" data-tmg-dtm-nav="4-nav:/financial-services.html"> Financial Solutions </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="/web/20190516152805/https://www.telegraph.co.uk/rewards/" data-tmg-dtm-nav="5-nav:/rewards.html"> Rewards </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="/web/20190516152805/https://www.telegraph.co.uk/events/" data-tmg-dtm-nav="6-nav:/events.html"> Events </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://dating.telegraph.co.uk/s/" data-tmg-dtm-nav="7-nav:https://dating.telegraph.co.uk/s/"> Dating </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/promotions/" data-tmg-dtm-nav="8-nav:https://www.telegraph.co.uk/promotions/"> Offers </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://shop.telegraph.co.uk/" data-tmg-dtm-nav="9-nav:https://shop.telegraph.co.uk/"> Shop </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://gardenshop.telegraph.co.uk/" data-tmg-dtm-nav="10-nav:https://gardenshop.telegraph.co.uk/"> Garden Shop </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://books.telegraph.co.uk/" data-tmg-dtm-nav="11-nav:https://books.telegraph.co.uk/"> Bookshop </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://tickets.telegraph.co.uk/" data-tmg-dtm-nav="12-nav:https://tickets.telegraph.co.uk/"> Tickets </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://puzzles.telegraph.co.uk/" data-tmg-dtm-nav="13-nav:https://puzzles.telegraph.co.uk/"> Puzzles </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://fantasyfootball.telegraph.co.uk/" data-tmg-dtm-nav="14-nav:https://fantasyfootball.telegraph.co.uk/"> Fantasy Football </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " title="Fantasy Rugby" href="https://web.archive.org/web/20190516152805/https://fantasyrugby.telegraph.co.uk/" data-tmg-dtm-nav="15-nav:https://fantasyrugby.telegraph.co.uk"> Fantasy Rugby </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="/web/20190516152805/https://www.telegraph.co.uk/about-us/work-at-the-telegraph/" data-tmg-dtm-nav="16-nav:/about-us/work-at-the-telegraph.html"> Work at The Telegraph </a> </li> <li class="overlay-nav-secondary__item "> <a class="overlay-nav-secondary__link " href="https://web.archive.org/web/20190516152805/https://corporate.telegraph.co.uk/" data-tmg-dtm-nav="17-nav:https://corporate.telegraph.co.uk/"> Telegraph Corporate </a> </li> </ul> </nav> </div> </div> </div> </div> </section> <div class="main-content"> <div class="container-fluid"> <section class="snippet-header container"> <div class="header-top-wrapper"> <div class="header-nav-global premium-mode component" data-tmg-dtm-nav-area="globalnav"> <div class="component-content header-nav-global__logged-not-subscriber"> <nav class="header-nav-global__holder"> <ul class="header-nav-global__list header-nav-global__sections"> <li class="header-nav-global__item global-nav-search-btn"> <a class="header-nav-global__link" title="Search" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/search.html" data-tmg-dtadm-nav="1-nav:https://www.telegraph.co.uk/search.html"> <svg class="global-nav-icon global-search-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <path d="M1516.6,1741.9l-301-602c175.2-108.6,291.9-302.6,291.9-523.9c0-340.2-275.8-616-616-616c-340.2,0-616,275.8-616,616 s275.8,616,616,616c79,0,154.5-14.9,224-42l301,602L1516.6,1741.9z M387.4,616c0-277.9,226.1-504,504-504s504,226.1,504,504 s-226.1,504-504,504S387.4,893.9,387.4,616z"/> </svg> <div class="header-nav-global__link__text">Search</div> </a> </li> <li class="header-nav-global__item global-nav-video-btn"> <a class="header-nav-global__link" title="Video" href="/web/20190516152805/https://www.telegraph.co.uk/video/" data-tmg-dtadm-nav="2-nav:/video.html"> <div class="header-nav-global__link__text">Video</div> </a> </li> <li class="header-nav-global__item global-nav-rewards-btn"> <a class="header-nav-global__link" title="Rewards" href="/web/20190516152805/https://www.telegraph.co.uk/rewards/" data-tmg-dtadm-nav="3-nav:/rewards.html"> <div class="header-nav-global__link__text">Rewards</div> </a> </li> </ul> <ul class="header-nav-global__list header-nav-global__engagement"> <li class="header-nav-global__item premium-btn "> <a class="header-nav-global__link " title="Subscribe now" href="https://web.archive.org/web/20190516152805/https://premium.telegraph.co.uk/?ICID=generic_premiumsub_generic_generic_topnav&redirectTo=" data-tmg-dtm-nav="4-nav:https://premium.telegraph.co.uk?ICID=generic_premiumsub_generic_generic_topnav&redirectTo="> <svg class="global-nav-icon solid-diamond-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <rect x="262.4" y="262.4" transform="matrix(0.7071 0.7071 -0.7071 0.7071 896 -371.1353)" width="1267.1" height="1267.1"/> </svg> <div class="header-nav-global__link__text">Subscribe now</div>   <svg class="global-nav-icon nav-close-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <g> <polygon points="1792,1712.8 975.2,896 1792,79.2 1712.8,0 896,816.8 79.2,0 0,79.2 816.8,896 0,1712.8 79.2,1792 896,975.2 1712.8,1792"/> </g> </svg> </a>  </li> <li class="header-nav-global__item my-account-btn js-has-dropdown "> <a class="header-nav-global__link " title="My Account" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/account/" data-tmg-dtm-nav="5-nav:https://secure.telegraph.co.uk/secure/account/"> <svg class="global-nav-icon user-account-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <path d="M895.9,1792c-120.5,0-721.9-9.6-721.9-200.1V1498c0-105.4,59.9-202.4,156.2-252.8l270-141.1c17.1-8.9,27.7-25.8,27.7-44.2 v-87C605.1,943.2,552.6,867.5,525,769c-30.9-26.8-48.4-64.6-48.4-105V547.9c0-30.8,10.6-60.8,30.2-85.5V317.6 c-2-17.2-8.7-120.8,70.1-206.8C644.3,37.3,751.6,0,895.9,0c144.5,0,251.9,37.3,319.3,110.9c78.1,85.4,72,189.4,69.9,209.4 l0.1,142.1c19.6,24.7,30.3,54.7,30.3,85.5V664c0,51.6-29.4,99-75.7,123.6c-22.4,59.6-52.4,115-89.3,165 c-5.7,7.7-11.3,14.9-16.7,21.5v88.5c0,19,11.3,36.4,29.5,45.2l289,138.4c102.2,49,165.7,147.6,165.7,257.5v88.2 C1618,1782.4,1016.5,1792,895.9,1792z M895.9,110.3c-110.9,0-190,24.9-235.1,74.1c-44.9,49-43.2,110.6-41.6,128.3l0.2,195.7 l-18.7,16.5c-7.6,6.5-11.4,14.4-11.4,23.1v116.1c0,10.5,5.9,20.4,15.6,26.4l19.3,11.9l5.4,21.7c24.6,103,85.5,179.8,97.4,194.1 l13.5,15.4V1060c0,59-33.5,113.2-87.3,141.4l-269.9,141.2c-59.6,31.2-96.7,90.7-96.7,155.5v93.9c18.3,22,222.1,89.9,609.2,89.9 c379,0,582.3-65,609.4-94.3v-83.8c0-67.6-39.3-128.4-102.5-158.6l-289.1-138.5c-57.1-27.4-92.5-82.6-92.5-144V932.9l14.4-15.7 c7.1-7.7,15.3-17.8,23.6-29.1c34.9-47.3,62.5-100.6,82-158.4l9.2-27.3l28-8.2c14.5-4.2,24.3-16.3,24.3-30V547.9 c0-8.5-4-16.7-11.1-22.8l-19.1-16.8l0.3-196.1c0.3-4.2,8-74.2-42.1-128.5C1085.6,135,1006.7,110.3,895.9,110.3z"/> </g> </svg> <div class="header-nav-global__link__text">My Account</div>  <svg class="global-nav-icon nav-direction-down-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <polygon points="896,896 56,448 0,504 896,1400 1792,504 1736,448"/> </g> </svg> <svg class="global-nav-icon nav-close-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <g> <polygon points="1792,1712.8 975.2,896 1792,79.2 1712.8,0 896,816.8 79.2,0 0,79.2 816.8,896 0,1712.8 79.2,1792 896,975.2 1712.8,1792"/> </g> </svg>  </a>  <div class="header-nav-global__drop-down-menu"> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="My details" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/personal/" data-tmg-dtm-nav="1-nav:https://secure.telegraph.co.uk/secure/personal/"> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <g> <path d="M840,1344V784h112v560H840z M784,560l112-112l112,112L896,672L784,560z"/> </g> <path d="M896,112c209.4,0,406.3,81.6,554.4,229.6C1598.4,489.7,1680,686.6,1680,896s-81.6,406.3-229.6,554.4 c-148.1,148.1-345,229.6-554.4,229.6s-406.3-81.5-554.4-229.6C193.6,1302.3,112,1105.4,112,896s81.6-406.3,229.6-554.4 C489.7,193.6,686.6,112,896,112 M896,0C401.2,0,0,401.2,0,896s401.2,896,896,896s896-401.2,896-896S1390.8,0,896,0L896,0z"/> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">My details</div> </a> </div> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="My newsletters" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/newsletters/" data-tmg-dtm-nav="2-nav:https://secure.telegraph.co.uk/secure/newsletters/"> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <g> <path d="M1456,1792H336l-112-112V168L392,0h1176v1680L1456,1792z M336,1680h1120V112H448L336,224V1680z"/> </g> <g> <g> <rect x="448" y="336" width="896" height="112"/> </g> <g> <rect x="448" y="560" width="896" height="112"/> </g> <g> <rect x="448" y="784" width="448" height="112"/> </g> </g> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">My newsletters</div> </a> </div> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="Logout" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/secure/logout?redirectTo=" data-tmg-dtm-nav="3-nav:https://www.telegraph.co.uk/secure/logout?redirectTo="> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <path d="M1792,1680l-96,112H448c0-56,0-57.3,0-113l1236,1V145.5V112H451V0h1228l113,110V1680z M505,390l55,56L336,838h897l0,111 H336l224,393l-55,57L0,894L505,390z"/> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">Logout</div> </a> </div> <div class="header-nav-global__drop-down-menu__item premium-dropdown-btn"> <a class="header-nav-global__drop-down-menu__link" title="Upgrade to Premium" href="https://web.archive.org/web/20190516152805/https://premium.telegraph.co.uk/?ICID=generic_premiumsub_generic_generic_topnav" data-tmg-dtm-nav="4-nav:https://premium.telegraph.co.uk/?ICID=generic_premiumsub_generic_generic_topnav"> <svg class="global-nav-icon solid-diamond-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <rect x="262.4" y="262.4" transform="matrix(0.7071 0.7071 -0.7071 0.7071 896 -371.1353)" width="1267.1" height="1267.1"/> </svg> <div class="header-nav-global__drop-down-menu__link__text">Upgrade to Premium</div> </a> </div> </div> </li> </ul> </nav> </div> <div class="component-content header-nav-global__not-logged"> <nav class="header-nav-global__holder"> <ul class="header-nav-global__list header-nav-global__sections"> <li class="header-nav-global__item global-nav-search-btn"> <a class="header-nav-global__link" title="Search" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/search.html" data-tmg-dtadm-nav="1-nav:https://www.telegraph.co.uk/search.html"> <svg class="global-nav-icon global-search-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <path d="M1516.6,1741.9l-301-602c175.2-108.6,291.9-302.6,291.9-523.9c0-340.2-275.8-616-616-616c-340.2,0-616,275.8-616,616 s275.8,616,616,616c79,0,154.5-14.9,224-42l301,602L1516.6,1741.9z M387.4,616c0-277.9,226.1-504,504-504s504,226.1,504,504 s-226.1,504-504,504S387.4,893.9,387.4,616z"/> </svg> <div class="header-nav-global__link__text">Search</div> </a> </li> <li class="header-nav-global__item global-nav-video-btn"> <a class="header-nav-global__link" title="Video" href="/web/20190516152805/https://www.telegraph.co.uk/video/" data-tmg-dtadm-nav="2-nav:/video.html"> <div class="header-nav-global__link__text">Video</div> </a> </li> <li class="header-nav-global__item global-nav-rewards-btn"> <a class="header-nav-global__link" title="Rewards" href="/web/20190516152805/https://www.telegraph.co.uk/rewards/" data-tmg-dtadm-nav="3-nav:/rewards.html"> <div class="header-nav-global__link__text">Rewards</div> </a> </li> </ul> <ul class="header-nav-global__list header-nav-global__engagement"> <li class="header-nav-global__item premium-btn "> <a class="header-nav-global__link " title="Subscribe - 30 days free" href="https://web.archive.org/web/20190516152805/https://premium.telegraph.co.uk/?icid=generic_premiumsub_generic_generic_topnav" data-tmg-dtm-nav="4-nav:https://premium.telegraph.co.uk/?icid=generic_premiumsub_generic_generic_topnav"> <svg class="global-nav-icon solid-diamond-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <rect x="262.4" y="262.4" transform="matrix(0.7071 0.7071 -0.7071 0.7071 896 -371.1353)" width="1267.1" height="1267.1"/> </svg> <div class="header-nav-global__link__text">Subscribe - 30 days free</div>   <svg class="global-nav-icon nav-close-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <g> <polygon points="1792,1712.8 975.2,896 1792,79.2 1712.8,0 896,816.8 79.2,0 0,79.2 816.8,896 0,1712.8 79.2,1792 896,975.2 1712.8,1792"/> </g> </svg> </a>  </li> <li class="header-nav-global__item "> <a class="header-nav-global__link header-nav-global__link--border-right" title="Login" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/secure/login?ICID=generic_premiumlogin_generic_generic_topnav&redirectTo=" data-tmg-dtm-nav="5-nav:https://www.telegraph.co.uk/secure/login?ICID=generic_premiumlogin_generic_generic_topnav&redirectTo="> <svg class="global-nav-icon user-signin-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <g> <path d="M1797,1680l-96,112H453c0-56,0-57.3,0-113l1236,1V145.5V112H456V0h1228l113,110V1680z M1238,894l-505,505l-55-57l224-393H5 l0-111h897L678,446l55-56L1238,894z"/> </g> </svg> <div class="header-nav-global__link__text">Login</div>   </a>  </li> <li class="header-nav-global__item "> <a class="header-nav-global__link " title="Register" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/secure/register?icid=generic_genericreg_generic_generic_topnav&redirectTo=" data-tmg-dtm-nav="6-nav:https://www.telegraph.co.uk/secure/register?icid=generic_genericreg_generic_generic_topnav&redirectTo="> <svg class="global-nav-icon user-account-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <path d="M895.9,1792c-120.5,0-721.9-9.6-721.9-200.1V1498c0-105.4,59.9-202.4,156.2-252.8l270-141.1c17.1-8.9,27.7-25.8,27.7-44.2 v-87C605.1,943.2,552.6,867.5,525,769c-30.9-26.8-48.4-64.6-48.4-105V547.9c0-30.8,10.6-60.8,30.2-85.5V317.6 c-2-17.2-8.7-120.8,70.1-206.8C644.3,37.3,751.6,0,895.9,0c144.5,0,251.9,37.3,319.3,110.9c78.1,85.4,72,189.4,69.9,209.4 l0.1,142.1c19.6,24.7,30.3,54.7,30.3,85.5V664c0,51.6-29.4,99-75.7,123.6c-22.4,59.6-52.4,115-89.3,165 c-5.7,7.7-11.3,14.9-16.7,21.5v88.5c0,19,11.3,36.4,29.5,45.2l289,138.4c102.2,49,165.7,147.6,165.7,257.5v88.2 C1618,1782.4,1016.5,1792,895.9,1792z M895.9,110.3c-110.9,0-190,24.9-235.1,74.1c-44.9,49-43.2,110.6-41.6,128.3l0.2,195.7 l-18.7,16.5c-7.6,6.5-11.4,14.4-11.4,23.1v116.1c0,10.5,5.9,20.4,15.6,26.4l19.3,11.9l5.4,21.7c24.6,103,85.5,179.8,97.4,194.1 l13.5,15.4V1060c0,59-33.5,113.2-87.3,141.4l-269.9,141.2c-59.6,31.2-96.7,90.7-96.7,155.5v93.9c18.3,22,222.1,89.9,609.2,89.9 c379,0,582.3-65,609.4-94.3v-83.8c0-67.6-39.3-128.4-102.5-158.6l-289.1-138.5c-57.1-27.4-92.5-82.6-92.5-144V932.9l14.4-15.7 c7.1-7.7,15.3-17.8,23.6-29.1c34.9-47.3,62.5-100.6,82-158.4l9.2-27.3l28-8.2c14.5-4.2,24.3-16.3,24.3-30V547.9 c0-8.5-4-16.7-11.1-22.8l-19.1-16.8l0.3-196.1c0.3-4.2,8-74.2-42.1-128.5C1085.6,135,1006.7,110.3,895.9,110.3z"/> </g> </svg> <div class="header-nav-global__link__text">Register</div>   </a>  </li> </ul> </nav> </div> <div class="component-content header-nav-global__logged-and-subscriber"> <nav class="header-nav-global__holder"> <ul class="header-nav-global__list header-nav-global__sections"> <li class="header-nav-global__item global-nav-search-btn"> <a class="header-nav-global__link" title="Search" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/search.html" data-tmg-dtadm-nav="1-nav:https://www.telegraph.co.uk/search.html"> <svg class="global-nav-icon global-search-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <path d="M1516.6,1741.9l-301-602c175.2-108.6,291.9-302.6,291.9-523.9c0-340.2-275.8-616-616-616c-340.2,0-616,275.8-616,616 s275.8,616,616,616c79,0,154.5-14.9,224-42l301,602L1516.6,1741.9z M387.4,616c0-277.9,226.1-504,504-504s504,226.1,504,504 s-226.1,504-504,504S387.4,893.9,387.4,616z"/> </svg> <div class="header-nav-global__link__text">Search</div> </a> </li> <li class="header-nav-global__item global-nav-video-btn"> <a class="header-nav-global__link" title="Video" href="/web/20190516152805/https://www.telegraph.co.uk/video/" data-tmg-dtadm-nav="2-nav:/video.html"> <div class="header-nav-global__link__text">Video</div> </a> </li> <li class="header-nav-global__item global-nav-rewards-btn"> <a class="header-nav-global__link" title="Rewards" href="/web/20190516152805/https://www.telegraph.co.uk/rewards/" data-tmg-dtadm-nav="3-nav:/rewards.html"> <div class="header-nav-global__link__text">Rewards</div> </a> </li> </ul> <ul class="header-nav-global__list header-nav-global__engagement"> <li class="header-nav-global__item my-account-btn js-has-dropdown "> <a class="header-nav-global__link " title="My Account" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/account/" data-tmg-dtm-nav="4-nav:https://secure.telegraph.co.uk/secure/account/"> <svg class="global-nav-icon user-account-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <path d="M895.9,1792c-120.5,0-721.9-9.6-721.9-200.1V1498c0-105.4,59.9-202.4,156.2-252.8l270-141.1c17.1-8.9,27.7-25.8,27.7-44.2 v-87C605.1,943.2,552.6,867.5,525,769c-30.9-26.8-48.4-64.6-48.4-105V547.9c0-30.8,10.6-60.8,30.2-85.5V317.6 c-2-17.2-8.7-120.8,70.1-206.8C644.3,37.3,751.6,0,895.9,0c144.5,0,251.9,37.3,319.3,110.9c78.1,85.4,72,189.4,69.9,209.4 l0.1,142.1c19.6,24.7,30.3,54.7,30.3,85.5V664c0,51.6-29.4,99-75.7,123.6c-22.4,59.6-52.4,115-89.3,165 c-5.7,7.7-11.3,14.9-16.7,21.5v88.5c0,19,11.3,36.4,29.5,45.2l289,138.4c102.2,49,165.7,147.6,165.7,257.5v88.2 C1618,1782.4,1016.5,1792,895.9,1792z M895.9,110.3c-110.9,0-190,24.9-235.1,74.1c-44.9,49-43.2,110.6-41.6,128.3l0.2,195.7 l-18.7,16.5c-7.6,6.5-11.4,14.4-11.4,23.1v116.1c0,10.5,5.9,20.4,15.6,26.4l19.3,11.9l5.4,21.7c24.6,103,85.5,179.8,97.4,194.1 l13.5,15.4V1060c0,59-33.5,113.2-87.3,141.4l-269.9,141.2c-59.6,31.2-96.7,90.7-96.7,155.5v93.9c18.3,22,222.1,89.9,609.2,89.9 c379,0,582.3-65,609.4-94.3v-83.8c0-67.6-39.3-128.4-102.5-158.6l-289.1-138.5c-57.1-27.4-92.5-82.6-92.5-144V932.9l14.4-15.7 c7.1-7.7,15.3-17.8,23.6-29.1c34.9-47.3,62.5-100.6,82-158.4l9.2-27.3l28-8.2c14.5-4.2,24.3-16.3,24.3-30V547.9 c0-8.5-4-16.7-11.1-22.8l-19.1-16.8l0.3-196.1c0.3-4.2,8-74.2-42.1-128.5C1085.6,135,1006.7,110.3,895.9,110.3z"/> </g> </svg> <div class="header-nav-global__link__text">My Account</div>  <svg class="global-nav-icon nav-direction-down-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <polygon points="896,896 56,448 0,504 896,1400 1792,504 1736,448"/> </g> </svg> <svg class="global-nav-icon nav-close-icon" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 1792 1792"> <g> <polygon points="1792,1712.8 975.2,896 1792,79.2 1712.8,0 896,816.8 79.2,0 0,79.2 816.8,896 0,1712.8 79.2,1792 896,975.2 1712.8,1792"/> </g> </svg>  </a>  <div class="header-nav-global__drop-down-menu"> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="My details" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/personal/" data-tmg-dtm-nav="1-nav:https://secure.telegraph.co.uk/secure/personal/"> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <g> <path d="M840,1344V784h112v560H840z M784,560l112-112l112,112L896,672L784,560z"/> </g> <path d="M896,112c209.4,0,406.3,81.6,554.4,229.6C1598.4,489.7,1680,686.6,1680,896s-81.6,406.3-229.6,554.4 c-148.1,148.1-345,229.6-554.4,229.6s-406.3-81.5-554.4-229.6C193.6,1302.3,112,1105.4,112,896s81.6-406.3,229.6-554.4 C489.7,193.6,686.6,112,896,112 M896,0C401.2,0,0,401.2,0,896s401.2,896,896,896s896-401.2,896-896S1390.8,0,896,0L896,0z"/> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">My details</div> </a> </div> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="My newsletters" href="https://web.archive.org/web/20190516152805/https://secure.telegraph.co.uk/secure/newsletters/" data-tmg-dtm-nav="2-nav:https://secure.telegraph.co.uk/secure/newsletters/"> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <g> <path d="M1456,1792H336l-112-112V168L392,0h1176v1680L1456,1792z M336,1680h1120V112H448L336,224V1680z"/> </g> <g> <g> <rect x="448" y="336" width="896" height="112"/> </g> <g> <rect x="448" y="560" width="896" height="112"/> </g> <g> <rect x="448" y="784" width="448" height="112"/> </g> </g> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">My newsletters</div> </a> </div> <div class="header-nav-global__drop-down-menu__item "> <a class="header-nav-global__drop-down-menu__link" title="Logout" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/secure/logout?redirectTo=" data-tmg-dtm-nav="3-nav:https://www.telegraph.co.uk/secure/logout?redirectTo="> <svg class="global-nav-icon" xmlns="http://www.w3.org/2000/svg" width="32px" height="32px" viewbox="0 0 1792 1792"> <g> <path d="M1792,1680l-96,112H448c0-56,0-57.3,0-113l1236,1V145.5V112H451V0h1228l113,110V1680z M505,390l55,56L336,838h897l0,111 H336l224,393l-55,57L0,894L505,390z"/> </g> </svg> <div class="header-nav-global__drop-down-menu__link__text">Logout</div> </a> </div> </div> </li> </ul> </nav> </div> </div> <div class="header-logobar header-logobar--small component"> <div class="component-content"> <a class="header-logobar__link" href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/"> <img class="responsive-image header-logobar__img" width="320" height="55" alt="The Telegraph" data-frz-ratio="5.77" src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/best/telegraph_OUTLINE-small.png" data-frz-src-array="[{'src':'/content/dam/best/telegraph_OUTLINE-thumbnail.png','width':140,'height':24,'percentageImageRatio':'17.14'},{'src':'/content/dam/best/telegraph_OUTLINE-xlarge.png','width':1280,'height':221,'percentageImageRatio':'17.27'},{'src':'/content/dam/best/telegraph_OUTLINE-xxlarge.png','width':1500,'height':260,'percentageImageRatio':'17.33'},{'src':'/content/dam/best/telegraph_OUTLINE-xsmall.png','width':160,'height':27,'percentageImageRatio':'16.88'},{'src':'/content/dam/best/telegraph_OUTLINE-small.png','width':320,'height':55,'percentageImageRatio':'17.19'},{'src':'/content/dam/best/telegraph_OUTLINE-large.png','width':720,'height':124,'percentageImageRatio':'17.22'},{'src':'/content/dam/best/telegraph_OUTLINE-medium.png','width':480,'height':83,'percentageImageRatio':'17.29'}]"/> </a> </div> </div> <div class="header-nav-primary header-nav-primary--short component" data-tmg-dtm-nav-area="primarynav"> <div class="component-content"> <nav> <ul class="header-nav-primary__list"> <li class="header-nav-primary__item "> <a class="header-nav-primary__link " href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/" data-tmg-dtm-nav="1-nav:https://www.telegraph.co.uk/"> Home </a> </li> <li class="header-nav-primary__item "> <a class="header-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/news/" data-tmg-dtm-nav="2-nav:/news.html"> News </a> </li> <li class="header-nav-primary__item "> <a class="header-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/sport/" data-tmg-dtm-nav="3-nav:/sport.html"> Sport </a> </li> <li class="header-nav-primary__item "> <a class="header-nav-primary__link " href="/web/20190516152805/https://www.telegraph.co.uk/business/" data-tmg-dtm-nav="4-nav:/business.html"> Business </a> </li> </ul> </nav> </div> </div>  <div class="header-nav-overlay-button component"> <div class="component-content"> <button class="header-nav-overlay-button__button"> <span class="header-nav-overlay-button__label">ALL SECTIONS</span> </button> </div> </div> <script> RUM.mark( 'content_load_navigation' ); </script> </div> <div class="header-headline-wrapper"> <div class="header-breadcrumbs component"> <div class="component-content"> <ul class="header-breadcrumbs__list"> <li class="header-breadcrumbs__item"><a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/" class="header-breadcrumbs__link">Financial Solutions</a></li> </ul> </div> </div> <div class="header-title component"> <div class="component-content"> <h1 class="header-title__text">Retirement Solutions</h1> </div> </div> <div class="sponsor-slot sponsor-slot__header"> <div class="sponsor-slot__logo-space"> <span class="sponsor-slot__text"></span> <span class="sponsor-slot__logo"></span> </div> <div class="sponsor-slot__message"></div> </div> </div> <div class="header-nav-local component" data-tmg-dtm-nav-area="localnav"> <div class="component-content"> <nav> <ul class="header-nav-local__list"> <li class="header-nav-local__item header-nav-local__item--current"> <a class="header-nav-local__link " href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/" data-tmg-dtm-nav="1-nav:/financial-services/retirement-solutions/equity-release-service.html"> Equity Release </a> </li> </ul> <button class="header-nav-local__button"> <span class="header-nav-local__button-text" data-no-expanded-label="More" data-expanded-label="Less"> More </span> </button> </nav> </div> </div> </section> <script id="tmg_gift-subscription-confirmation" data-visible="false"></script> <div class="container"> <div class="snippet component "> </div> </div> <div class="container"> <div class="spark-slot1"> </div> </div> </div> <div class="p_hub"> <main itemscope="https://schema.org/CollectionPage"> <section class="p_hub__header"> </section> <section class="p_hub__section_0 container"> <div class="row"> <article class="col"> <div class="sponsor-slot sponsor-slot__above-headline"> <div class="sponsor-slot__logo-space"> <span class="sponsor-slot__text"></span> <span class="sponsor-slot__logo"></span> </div> <div class="sponsor-slot__message"></div> </div> <div class="headline component version-3"> <div class="component-content"> <script> RUM.mark( 'content_load_fmp' ); </script> </div> </div> <div class="sponsor-slot sponsor-slot__below-headline sponsor-slot--active" data-sponsor="{"sticky":false}" data-sponsor-campaign-id="000000" data-sponsor-company-name="Telegraph Financial Solutions" data-sponsor-campaign-start="2016-02-19T13:27:00.000GMT" data-sponsor-campaign-end="2021-02-19T18:00:00.000GMT" data-sponsor-logo-position="below-headline" data-sponsor-logo-dam-location="/content/dam/financial-services/theme/fs-logo-placeholder.png" data-sponsor-logo-alt-text="Telegraph Financial Solutions" data-sponsor-label="Brought to you by Telegraph Financial Solutions"> <div class="sponsor-slot__logo-space"> <span class="sponsor-slot__text">Brought to you by Telegraph Financial Solutions</span> <span class="sponsor-slot__logo"> <a> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/theme/fs-logo-placeholder.png?imwidth=185&impolicy=spark-logo" srcset="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/theme/fs-logo-placeholder.png?imwidth=370&impolicy=spark-logo 2x" alt="Telegraph Financial Solutions" class="sponsor-slot__logo-src"/> </a> </span> </div> <div class="sponsor-slot__message"></div> </div> <div class="standfirst component "> <div class="component-content"> </div> </div> <div class="htmlEmbed section"><div class="html-embed component "> <div class="component-content"> </div> </div> </div> <div class="htmlEmbed section"><div class="html-embed component "> <div class="component-content"> <script> window.clientlibs.js.myNameSpace = { test: "document.querySelectorAll && !document.querySelectorAll('.fs-product-page--version-two').length", load: ["https://web.archive.org/web/20190516152805/https://static.telegraph.co.uk/financial-services/product-page/dist/js/main.bundle.js"] }; </script> <script type="text/javascript"> window._tfa = window._tfa || []; window._tfa.push({notify: 'event', name: 'page_view'}); !function (t, f, a, x) { if (!document.getElementById(x)) { t.async = 1;t.src = a;t.id=x;f.parentNode.insertBefore(t, f); } }(document.createElement('script'), document.getElementsByTagName('script')[0], '//web.archive.org/web/20190516152805/https://cdn.taboola.com/libtrc/unip/1102753/tfa.js', 'tb_tfa_script'); </script> <noscript> <img src="//web.archive.org/web/20190516152805im_/https://trc.taboola.com/1102753/log/3/unip?en=page_view" width="0" height="0" style="display:none"/> </noscript> </div> </div> </div> <div class="htmlEmbed section"><div class="html-embed component "> <div class="component-content">  <div id="fs-section-top" class="fs-product-page--version-two fs-product-led">  <div class="fs-fullwidth">  <section class="fs-promo fs-promo-product fs-promo--primary fs-product-promo-new"> <div class="fs-promo__transparent fs-promo-overlay__noflick"> <div class="fs-promo-overlay__content"> <h2 class="promo-branded">Equity Release</h2> <h3><span>Request your free guide and calculate how much equity you could release from your home.</span></h3> <div class="fs-cta-group"> <a href="#equity_calculator" class="fs-nostyle-link fs-smooth-scroll"><button class="fs-button fs-button--purple">Calculate now</button></a> <p class="promo--text-dark">Get started:</p> <span class="fs-cta-group__call-us"><a class="fs-center-text__phone InfinityNumber" href="tel:08000291088">0800 029 1088</a></span> </div> </div> </div> </section> <img src="https://web.archive.org/web/20190516152805im_/https://telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/Equity-Release-banner.jpg" alt="Couple planning what to invest with the equity release gained from their home"> </div> <div class="new-wave"> <div class="fs-page_title"> <p class="fs-partner">Brought to you by <span class="keyline"></s> <img src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/partners/RL-logo.jpg" alt=""> </p> <h2>What is Equity Release?</h2> </div> <section class="fs-content-area"> <article class="fs-center-text"> <p> Equity release is a way for homeowners 55 and over to convert a portion of their home’s value into money in the bank. There are two main ways of unlocking equity; you can either take out a <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/lifetime-mortgage-explained/"> lifetime mortgage </a> which means you borrow against the value of your home or, take out a <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/home-reversion-plan/"> home reversion plan </a>which means you sell a part of it. </p> <p> Borrowing is by far the most popular way to release equity as you retain 100pc homeownership for life. Also, by releasing equity this way you can choose to repay the money, plus interest, through the sale of your home once you and your partner have passed or you both move into long-term care. </p> <p> There is no end of term when you release equity, it is designed to run for your lifetime. However with some plans you do have the option of <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-moving-house/"> moving house </a>, subject to the lender’s criteria. </p> </article> <h2>Why choose The Telegraph Equity Release Calculator</h2> <div class="fs-center-text"> <p>Learn how much tax free cash you could release from your home with our Telegraph Equity Release calculator </p> <ul class="fs-diamond-list normal"> <li> No credit checks </li> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/am-i-eligible-for-equity-release/">Find out if you’re eligible</a></li> <li>Preview your policy options</li> <li>No obligation</li> <li>Secure</li> <li>Results within seconds</li> <li>Receive our comprehensive free guide</li> <br></br> </ul> </div>  <div class="fs-inline__equity-iframe">  <div class="video-player__loading"> <div class="loading-content"> <div class="loading-indicator loading-indicator--mediumBorder"> <div class="loading-indicator__cube"></div> <div class="loading-indicator__cube"></div> <div class="loading-indicator__cube"></div> <div class="loading-indicator__cube"></div> <div class="loading-indicator__cube"></div> </div> </div> </div> <iframe id="equity_calculator" src="https://web.archive.org/web/20190516152805if_/https://www.responsible.org.uk/strategy/calculators/telegraph/gdpr/experiment/" scrolling="no" width="100%" height="435" frameborder="0"></iframe> </div> <script type="text/javascript"> var iframe = document.querySelector("#equity_calculator"); if(iframe.addEventListener) iframe.addEventListener('load', hideLoading, true); else if(iframe.attachEvent) //fix for IE11 iframe.attachEvent('onload', hideLoading); function hideLoading() { document.querySelector('.fs-inline__equity-iframe').classList.add('fs-inline__equity-iframe--loaded'); } // document.querySelector("#equity_calculator").addEventListener("load", () => { // document.querySelector('.fs-inline__equity-iframe').classList.add('fs-inline__equity-iframe--loaded'); // }); </script>  <div class="fs-center-text"> <h2>How is my equity release allowance calculated?</h2> <p>In order to calculate how much <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/pay-tax-equity-release/"> tax-free cash </a> you are entitled to The Telegraph Equity Release calculator considers two main factors: the value of your home and the age of the applicants. </p> <ul class="fs-diamond-list normal"> <li>The higher the property value of your home the more tax-free cash you could release </li> <li>If you are applying for equity release as a couple, the age of the youngest applicant will be considered. The <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/mortgages-for-older-borrowers/"> minimum age for equity release </a> is 55. </li> </ul> <p>The Telegraph Equity Release calculator gives you an estimation of how much money you can release from your home. For more information and you can <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-adviser/">speak to one of our expert advisors</a> </p> </div> </section>  <div class="product-bkgd-new"> <section class="fs-content-area"> <div class="fs-steps fs-steps--bmt"> <h2>How it works</h2> <ul> <li class="fs-steps__number"> <figure> <svg xmlns="https://www.w3.org/2000/svg" viewbox="0 0 39 45.9"><path class="polygon-new" fill="#CCCAC6" d="M39 34.4L19.5 45.9 0 34.4V11.5L19.5 0 39 11.5"/><path fill="#FFF" d="M14.3 31.5V31c.5-.1 1.1-.2 1.4-.3.5-.2.7-.4.8-.9.2-.6.2-1.5.2-2.4V17.2c0-.8 0-1.5-.1-1.9-.1-.7-.3-.9-.6-1.1-.4-.2-1.3-.3-1.8-.4v-.6c.4 0 3.1-.1 5.5-.3 1.2-.1 2.9-.3 3.2-.3.1 0 .2.1.2.2 0 .4-.1 2-.1 2.6v11.8c0 .9 0 1.7.2 2.3.1.5.4.7.9 1 .3.1.8.3 1.4.4v.6H14.3z"/></svg> </figure> <h3>Calculate your equity</h3> <p>Enter your property and personal details. We’ll send you an instant estimate of how much you could release from your home.</p> </li> <li class="fs-steps__number"> <figure> <svg xmlns="https://www.w3.org/2000/svg" viewbox="0 0 39 45.9"><path class="polygon-new" fill="#CCCAC6" d="M39 34.4L19.5 45.9 0 34.4V11.5L19.5 0 39 11.5"/><path fill="#FFF" d="M15.8 14.2c-.1.3.2.7.7 1.5.5.6.6 1.3.6 2 0 1.4-1 2.5-2.6 2.5-1.8 0-2.9-1.2-2.9-3 0-2.4 2.5-4.9 6.9-4.9 5.6 0 8.4 2 8.4 4.9 0 2.8-2 4.9-4.9 6.6-1 .6-2.3 1.1-5.8 2.6v.2h5.1c2 0 3-.5 4.1-1.4.7-.5 1.3-1.2 1.7-1.7h.6l-2.4 7.8H11.2l-.1-.6c.6-.5 1.2-1.1 3.2-3.5 2.2-2.5 6.2-6.1 6.2-10.8 0-2.4-1-3.2-2.7-3.2-1.3.1-1.9.5-2 1z"/></svg> </figure> <h3>Receive your guide</h3> <p>Read the pros and cons of equity release, along with real-life case studies in your own time to assist with decision making.</p> </li> <li class="fs-steps__number"> <figure> <svg xmlns="https://www.w3.org/2000/svg" viewbox="0 0 39 45.9"><path class="polygon-new" fill="#CCCAC6" d="M39 34.4L19.5 45.9 0 34.4V11.5L19.5 0 39 11.5"/><path fill="#FFF" d="M26.8 16.5c0 2.8-2.6 3.9-6.7 4.7v.1c4-.4 8 1 8 4.8 0 3.6-3.7 5.8-9 5.8-5.2 0-7.6-2-7.6-4.4 0-1.7 1.2-2.9 2.9-2.9S17 26 17 27.5c0 .7-.1 1.3-.4 1.9-.2.4-.2.6-.1 1s.6.6 1.4.6c2 0 3.2-2 3.2-5.6 0-2.5-.6-3.1-1.8-3.1-.6 0-1.1.2-1.7.6l-1.4.8-.3-.7 1.6-1c2.5-1.5 3.1-3.4 3.1-5.9 0-1.8-.5-2.7-2.1-2.7-1.3 0-2 .4-2 1 0 .3.1.5.3 1.1.3.7.4 1.1.4 1.8 0 1.4-1 2.4-2.4 2.4-1.7 0-2.7-1.1-2.7-2.8 0-2 2.4-4.3 7.4-4.3 4.2-.1 7.3 1 7.3 3.9z"/></svg> </figure> <h3>Free personal advice</h3> <p>Have your questions answered over the phone, before booking a free face-to-face meeting with an Equity Release Specialist.</p> </li> </ul> </div> </section> </div> <section class="fs-content-area"> <article class="fs-center-text"> <div class="section-points"> <div class="points"> <div class="point-header"> <div class="sprite-new Martet_whole"></div> <h3>5-Star service</h3> </div> <p>Our award-winning partner delivers customer service that is 5-star rated by customers on Trust Pilot.</p> </div> <div class="points"> <div class="point-header"> <div class="sprite-new Fee_tailored_advice"></div> <h3>Tailored advice</h3> </div> <p>Free, no-obligation information tailored to your personal circumstances delivered by our nationwide team of experts. </p> </div> <div class="points"> <div class="point-header"> <div class="sprite-new Trusted_and_safe"></div> <h3>Peace of mind</h3> </div> <p>All of our lifetime mortgages meet the Equity Release Council’s product standards, and our partner is authorised and regulated by the Financial Conduct Authority.</p> </div> </div> </article> <article class="fs-center-text"> <p>Compare the facts and figures. Use our <a href="#equity_calculator" class="fs-nostyle-link fs-smooth-scroll">free equity release calculator</a> now</p> <p> The first step to find out more is to use our easy equity release calculator tool to see how much tax-free cash you could release based on the latest interest rates: </p> </article> </section> <section class="fs-content-area fs-content-area-tight"> <article class="fs-center-text"> <h2>Why homeowners are releasing equity in record numbers</h2> <ul class="fs-diamond-list"> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/empty-nest-spending-habits/" target="_blank" rel="follow">Fund a more comfortable lifestyle or dream holiday </a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></li> <li>Top up their monthly income in retirement</li> <li>Clear debt or mortgage</li> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/grandparents-help-first-time-buyers/" target="_blank" rel="follow">Gift early inheritance by helping children and grandchildren</a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></li> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/home-improvement-loan-or-remortgage/" target="_blank" rel="follow">Finance home renovations and garden improvements</a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></li> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/how-to-buy-a-second-property-using-equity/" target="_blank" rel="follow">Buy a second-home or holiday house</a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></li> <li><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/downsizing-home-right-for-you/" target="_blank" rel="follow">As an alternative to downsizing</a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></li> </ul> <br><br> </article> </section> <section class="fs-content-area"> <div class="module-bkgd"> <article class="fs-center-text" style="padding: 30px; border-top: solid 7px #dc66a6;"> <h2>Do I qualify for a Lifetime Mortgage?</h2> <ul class="fs-diamond-list"> <li class="new-point">I’m 55+ (minimum age lenders will accept)</li> <li class="new-point">UK resident and own my home</li> <li class="new-point">My property is located in the UK</li> <li class="new-point">My property’s value is at least £70K</li> <li class="new-point">Mortgage free or able to repay existing mortgage on completion</li> <li class="new-point">I plan to release a minimum of £10,000</li> </ul> <br><br> <p>Find out if you're <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/am-i-eligible-for-equity-release/" target="_blank" rel="follow">eligible for equity release</a> by taking our quick quiz. <br><br> <strong>Your expert adviser will clearly explain your eligibility and only recommend lifetime mortgages that best suit your circumstance.</strong></p> </article> </div> <br><br> <div class="divider"></div> <article class="fs-center-text"> <h2>Different Types of Equity Release</h2> <p> There are three <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/types-of-equity-release/" target="_blank" rel="follow">main types of equity release</a> that we recommend, giving you the flexibility to choose the right scheme for you. These include Flexible, Roll-up and Drawdown Lifetime Mortgages. <br><br> We only advise on <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/lifetime-mortgage-explained/" target="_blank" rel="follow">Lifetime Mortgages</a> a where you retain 100% ownership and the deeds to your property. All our plans meet the standards and principles set out by the <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/who-are-equity-release-council/" target="_blank" rel="follow"></a>Equity Release Council</a>, so you have the peace of mind of knowing that you and your family are protected by customer-focused safeguards. </p> </article> <article class="fs-center-text"> <div class="module-bkgd"> <div class="fs-cta-group expert-module"> <h2>Speak to the experts</h2> <ul class="fs-diamond-list normal"> <li class="new-point">Call our <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-adviser/">expert team</a> to find out how much tax-free cash you could release from your home.</li> <li class="new-point">We’ll also send you a free copy of The Telegraph Guide to Releasing Equity With A Lifetime Mortgage.</li> </ul> <br> <div class="fs-cta-group__call-us-wrap ret-cta"> <img class="phone-icon" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/phone-icon.svg"> <span class="fs-cta-group__call-us">Call us now: <span class="InfinityNumber">0800 029 1088</span></span> </div> <p class="ret-link"><a href="https://web.archive.org/web/20190516152805/http://www.responsibleequityrelease.co.uk/telegraph-consultation/" target="_blank" rel="nofollow">Request a call back</a><span><img class="link-arrow" src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/pink-arrow.svg"></span></p> <div class="fs-disclaimer expert-disclaimer" style=""> <p>Calls to 03 numbers cost no more than calls to geographic numbers (01 or 02) and are included in inclusive minutes and discount schemes in the same way.</p> </div> </div> </div> </article> </section> <section id="faq" class="fs-content-area--b-margin"> <div class="fs-content-area"> <div class="fs-center-text"> <h4>Frequently asked Equity Release questions</h4> <h2>What is a lifetime mortgage?</h2> <p>A <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/lifetime-mortgage-explained/">lifetime mortgage</a> is the UK’s favourite way to release tax-free equity from their homes. As you are simply borrowing the money against the value of your home, you retain 100pc ownership for life, and there are no required monthly repayments. Once you clear any other charges against your home, typically done with your equity, you can spend the money however you see fit. </p> <h2>Are there any guarantees?</h2> <p>First and foremost, the equity release industry is regulated by the Financial Conduct Authority. On top of this, there are a set of standards and principles that providers must adhere to. These standards are enforced by the industry trade body the Equity Release Council (ERC) and help to ensure that equity release customers can borrow with complete peace of mind. For instance, all lifetime mortgages from ERC-approved lenders must: <ul class="fs-diamond-list"> <li>Offer fixed rates of interest for the life of the loan, or if variable, there must be an upper limit </li> <li>Give you the right to remain in your home for life, or until both deed-holders have moved into <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/property-to-fund-care-needs/">long-term care</a> </li> <li>Be transferable to another property, subject to the new property meeting the lender’s criteria. </li> <li> Include a ‘no negative equity guarantee’, which means that no matter what happens to the value of your home, you cannot get into any lifetime mortgage debt. </li> </ul></p> <h2>How will releasing equity affect my family?</h2> <p>It is highly recommended that the entire family is involved in the equity release process. An adviser can talk you all through the full range of plans available and ensure you get the most suitable plan for your situation. There are plans on the market which allow you to ringfence a portion of your equity for use as a guaranteed minimum inheritance. In fact, many equity release customers use a lifetime mortgage to help put their legacy into action now. Allowing them to help loved ones when they might need it most.</p> <h2>What are the costs?</h2> <p>There is interest with a lifetime mortgage, which rolls-up monthly in a compound fashion. All legal and advisory fees are typically paid for out of your released equity and will be explained to you during your free consultation. This is where qualified advice is important. An <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-adviser/">equity release adviser </a> can recommend the most suitable plan for you, helping you to avoid unduly reducing the value of your estate in time and affecting your entitlement to means-tested state benefits. You might still have a number of points you would like ironed out, if you are looking to have all your equity release questions answered, or need help finding an appropriate adviser, then you can contact the Telegraph Equity Release Service today for a free, no obligation, discussion on 0330 029 2586. An expert member of the Information Team is on hand to talk you through all finer points of every stage, and the full range of lifetime mortgages available. Better yet, you can use our quick and easy <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/#equity_calculator"> online calculator</a> now to find out how much tax-free equity you could unlock. </p> <h2>Who are the Equity Release Council? </h2> <p><a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/who-are-equity-release-council/">The Equity Release Council </a>is an organisation which promotes safe equity release lenders. A plan from an Equity Release Council approved lender means you get total peace of mind through their safety guarantees: </p> <ul class="fs-diamond-list"> <li>You have the right to remain in your home for as long as you choose </li> <li>The freedom to move to another property without financial penalty (subject to lending criteria) </li> <li>A ‘no negative equity’ guarantee, so you never pass on any lifetime mortgage debt to your estate </li> </ul> <p> At Responsible Equity Release, we think it’s important that this advice is not tied to any particular equity release provider. As well as searching the whole of the market from lenders approved by the Equity Release Council, we’ll give you straightforward and clear advice, even telling you if equity release isn’t right for you. </p> <h2>Why choose Telegraph Equity Release? </h2> <p> Choosing Telegraph Equity Release means that you are choosing a quality, reliable product. Because it is legally required to receive <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-adviser/"> financial advice before taking out an equity release plan</a> a Telegraph adviser can help to answer any questions you may have. An Equity Release specialist in partnership with The Telegraph will give you all the information you need to make an informed decision that best suits your needs including suggesting that equity release is not your best option. An Equity Release adviser can also help you start the application process. </p> </div> </div> </section> <section class="fs-content-area fs-content-area-tight"> <article class="fs-center-text appointment-module"> <h2>Schedule An Appointment</h2> <p> Equity release has seen a huge number of changes to the market, with more new entrants, product features, updates and rate changes than any other year we can remember. <br><br> Let’s make sure that your information is fresh and up to date. <br><br> Book in your telephone call with one of our specialists who can provide you with the latest information personalised to your circumstances – all for free and with no-obligation. </p> <a href="https://web.archive.org/web/20190516152805/http://www.responsibleequityrelease.co.uk/telegraph-consultation" rel="nofollow"> <button class="fs-button fs-button--purple-two">Schedule An Appointment</button> </a> <br><br> <div class="fs-cta-group text-cta"> <h2>Speak to the experts</h2> <div class="fs-cta-group__call-us-wrap"> <p>Call on:</p> <span class="fs-cta-group__call-us InfinityNumber"><a href="https://web.archive.org/web/20190516152805/tel:0800 029 1088">0800 029 1088</a></span> </div> <p class="fs-partnership">Calls to 03 numbers cost no more than calls to geographic numbers (01 or 02) and are included in inclusive minutes and discount schemes in the same way.</p> </div> </article> </section>  <section id="why-we-partner-with" class="fs-content-area fs-content-area--rounded"> <article class="fs-center-text"> <div class="fs-partner-with"> <h3>Our Partner</h3> <div class="fs-partner-with__logo"> <img src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/partners/RL-logo.jpg"> </div> <div class="fs-partner-with__inner"> <div class="fs-partner-with__text"> <p> The Telegraph has chosen Responsible Equity Release to provide its customers with a range of trusted equity release lenders approved by the Equity Release Council. <br><br> Responsible Equity Release is one of the UK’s largest equity release specialists made up of fully qualified and highly experienced advisers nationwide. They combine an old-fashioned service with efficient, modern processes. </p> </div> </div> <div class="fs-partner-with__logo fifth"> <img src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/partners/fr-best-logo.jpg"> </div> <div class="fs-partner-with__logo fifth"> <img src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/partners/fr-best-logo-2016.jpg"> </div> <div class="fs-partner-with__logo fifth"> <img src="https://web.archive.org/web/20190516152805im_/https://static.telegraph.co.uk/financial-services/product-page/dist/images/partners/fr-best-logo-2017.jpg"> </div> </div> </article> </section> <div class="product-bkgd-new"> <section class="fs-content-area fs-disclaimer"> <h3>Important Information</h3> <p> A Lifetime Mortgage may reduce the value of your estate and may affect your entitlement to means-tested state benefits. To understand the features and risks, ask for a Personalised Illustration. <br><br> Responsible Equity Release is a trading style of Responsible Life Limited, which is authorised and regulated by the Financial Conduct Authority. <br><br> The FSA registration number is 610205. <br><br> Only if you choose to proceed and your case completes will Responsible Life Limited charge a fee, currently not exceeding £1,490. An adviser will talk through the costs of setting up a lifetime mortgage before you make any decision to proceed. </p> <p> Think carefully before securing other debts against your home. By consolidating your debts into a mortgage you may be required to pay more over the entire term than you would with your existing debt.<br> In using this website I give express consent to the Responsible Life Ltd to call me on the number provided from time to time. Calls may be recorded for training and quality purposes. </p> </section> </div> </div>  </div> </div> </div> </div> </article> </div> </section> <script> RUM.mark( 'content_load_fmp' ); </script> <section class="p_hub__section_1 container"> <div class="row"> <article class="col col_1"> </article> <aside class="col col_2"> <div id="advert_tmg_mpu" class="js-advert advert " data-adtype="mpu"></div> <div class="spark-slot2"> </div> </aside> </div> </section> <section class="p_hub__section_2 container"> <div class="row"> <article class="col"> <div class="list version-4 section"> <div class="list-of-entities component version-4 " data-timelabels="false" data-timebreaks="false" data-tmg-dtm-nav-area="list"> <div class="component-header"> <h2 class="component-heading">Learn more about Equity Release </h2> </div> <div class="js-list-of-entities component-content" data-options="{'url': '', 'noArrows': false, 'sliderMobileOnly': 'false'}"> <ol class="js-list-of-entities__container list-of-entities__container"> <li class="list-of-entities__item " data-timestamp="1557239700000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/how-to-buy-a-second-property-using-equity/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="230" data-alt="Equity Release - Senior couple in their kitchen happy because they can afford to buy a second property" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-xsmall.jpg','width':160,'height':115,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-medium.jpg','width':480,'height':345,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-thumbnail.jpg','width':140,'height':100,'percentageImageRatio':'71.43'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-xxlarge.jpg','width':1500,'height':1079,'percentageImageRatio':'71.93'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-small.jpg','width':320,'height':230,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-large.jpg','width':720,'height':518,'percentageImageRatio':'71.94'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Buying%20a%20second%20home-small.jpg" alt="Equity Release - Senior couple in their kitchen happy because they can afford to buy a second property" width="320" height="230" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="07 May 2019, 3:35pm" datetime="2019-05-07T03:35:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">07 May 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">3:35pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/how-to-buy-a-second-property-using-equity/">Buying a second home using equity release</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1556805720000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/home-reversion-plan/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="230" data-alt="Telegraph Equity Release - Grandparents playing with granddaughter discussing what is a home reversion plan" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-xsmall.jpg','width':160,'height':115,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-medium.jpg','width':480,'height':345,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-thumbnail.jpg','width':140,'height':100,'percentageImageRatio':'71.43'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-xxlarge.jpg','width':1500,'height':1079,'percentageImageRatio':'71.93'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-small.jpg','width':320,'height':230,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-large.jpg','width':720,'height':518,'percentageImageRatio':'71.94'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Home%20reversion%20plan-small.jpg" alt="Telegraph Equity Release - Grandparents playing with granddaughter discussing what is a home reversion plan" width="320" height="230" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="02 May 2019, 3:02pm" datetime="2019-05-02T03:02:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">02 May 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">3:02pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/home-reversion-plan/">What is a home reversion plan?</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1556802660000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/lifetime-mortgage-explained/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="230" data-alt="Telegraph Equity Release - Happy couple gardening outside home discussing their lifetime mortgage" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-xsmall.jpg','width':160,'height':115,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-medium.jpg','width':480,'height':345,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-thumbnail.jpg','width':140,'height':100,'percentageImageRatio':'71.43'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-xxlarge.jpg','width':1500,'height':1079,'percentageImageRatio':'71.93'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-small.jpg','width':320,'height':230,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-large.jpg','width':720,'height':518,'percentageImageRatio':'71.94'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Investments/Inheritance%20Tax/assets/Equity%20Release%20-%20Lifetime%20mortgage-small.jpg" alt="Telegraph Equity Release - Happy couple gardening outside home discussing their lifetime mortgage" width="320" height="230" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="02 May 2019, 2:11pm" datetime="2019-05-02T02:11:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">02 May 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">2:11pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/lifetime-mortgage-explained/">What is a lifetime mortgage?</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1555520820000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/how-does-equity-release-work/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="230" data-alt="Equity Release - Active couple running and cycling discussing how does equity release work?" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-xsmall.jpg','width':160,'height':115,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-medium.jpg','width':480,'height':345,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-thumbnail.jpg','width':140,'height':100,'percentageImageRatio':'71.43'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-xxlarge.jpg','width':1500,'height':1079,'percentageImageRatio':'71.93'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-small.jpg','width':320,'height':230,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-large.jpg','width':720,'height':518,'percentageImageRatio':'71.94'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20release%20-%20what%20is%20equity%20release-small.jpg" alt="Equity Release - Active couple running and cycling discussing how does equity release work?" width="320" height="230" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="17 Apr 2019, 6:07pm" datetime="2019-04-17T06:07:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">17 Apr 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">6:07pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/how-does-equity-release-work/">How does equity release work?</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1555499400000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/pay-tax-equity-release/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="1280" data-height="920" data-alt="Telegraph Equity Release - Couple crunching numbers to see if they have to pay taxes on equity release" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/pay%20tax%20%20equity%20release%20footer-xlarge.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/pay%20tax%20%20equity%20release%20footer-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/pay%20tax%20%20equity%20release%20footer-xlarge.jpg" alt="Telegraph Equity Release - Couple crunching numbers to see if they have to pay taxes on equity release" width="1280" height="920" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="17 Apr 2019, 12:10pm" datetime="2019-04-17T12:10:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">17 Apr 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">12:10pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/pay-tax-equity-release/">Do you pay tax on equity release?</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1555411440000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/types-of-equity-release/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="230" data-alt="Telegraph Equity Release: Happy couple discussing different types of equity release mortgage schemes" data-frz-ratio="1.39" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-xsmall.jpg','width':160,'height':115,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-xlarge.jpg','width':1280,'height':920,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-medium.jpg','width':480,'height':345,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-thumbnail.jpg','width':140,'height':100,'percentageImageRatio':'71.43'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-xxlarge.jpg','width':1500,'height':1079,'percentageImageRatio':'71.93'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-small.jpg','width':320,'height':230,'percentageImageRatio':'71.88'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-large.jpg','width':720,'height':518,'percentageImageRatio':'71.94'}]" style="padding-bottom:71.88%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/Equity%20Release%20-%20Equity%20Release%20Mortgage%20-%20Types%20of%20Equity%20Release%20Schemes-small.jpg" alt="Telegraph Equity Release: Happy couple discussing different types of equity release mortgage schemes" width="320" height="230" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="16 Apr 2019, 11:44am" datetime="2019-04-16T11:44:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">16 Apr 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">11:44am</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/types-of-equity-release/">Equity release mortgage: Which scheme is best for you?</a> </h3> </div> </div> </li> <li class="list-of-entities__item " data-timestamp="1555328520000"> <div class="list-of-entities__item-link"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-5-reasons-why/" class="list-of-entities__item-image-container" tabindex="-1"> <div class="responsive-image list-of-entities__item-image " data-width="320" data-height="201" data-alt="Couple drinking coffee in their kitchen and discussing why you should consider equity release" data-frz-ratio="1.59" data-src="/web/20190516152805oe_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-small.jpg" data-frz-src-array="[{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-xsmall.jpg','width':160,'height':100,'percentageImageRatio':'62.5'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-xlarge.jpg','width':1280,'height':806,'percentageImageRatio':'62.97'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-medium.jpg','width':480,'height':302,'percentageImageRatio':'62.92'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-thumbnail.jpg','width':140,'height':88,'percentageImageRatio':'62.86'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-small.jpg','width':320,'height':201,'percentageImageRatio':'62.81'},{'src':'/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-large.jpg','width':720,'height':453,'percentageImageRatio':'62.92'}]" style="padding-bottom:62.81%;" data-asset-type="article"> <noscript> <img src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/financial-services/Retirement%20Solutions/Equity%20Release/assets/equity%20release%20fs%20footer%20-%20resized-small.jpg" alt="Couple drinking coffee in their kitchen and discussing why you should consider equity release" width="320" height="201" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="15 Apr 2019, 12:42pm" datetime="2019-04-15T12:42:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">15 Apr 2019</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">12:42pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20190516152805/https://www.telegraph.co.uk/financial-services/retirement-solutions/equity-release-service/equity-release-5-reasons-why/">Why you should consider equity release</a> </h3> </div> </div> </li> </ol> </div> </div> </div> </article> </div> </section> <section class="p_hub__section_3 container"> <div class="row"> <article class="col col_1"> </article> <aside class="col col_2"> </aside> </div> </section> <section class="p_hub__section_4 container"> <div class="row"> <div class="col"> </div> </div> </section> <section class="p_hub__section_5 container"> <div class="row"> <article class="col col_1"> </article> <aside class="col col_2"> <div id="advert_tmg_hpg" class="js-advert advert " data-adtype="hpg"></div> </aside> </div> </section> <section class="p_hub__section_6 container"> <div class="row"> <div class="col"> <div class="snippetReference section"> <div class="snippet component "> <div class="component-content"> <div class="htmlEmbed section"><div class="html-embed component "> <div class="component-content"> </div> </div> </div> </div> </div> </div> <div class="facebookLike section"> <aside class="social-follow"> <header class="social-follow__header"> <h3 class="block-heading"><span class="block-heading__label">Follow The Telegraph</span></h3> </header> <ul class="social-follow__list"> <li class="social-follow__item social-follow__facebook"> <a class="social-follow__link" href="https://web.archive.org/web/20190516152805/https://www.facebook.com/telegraph.co.uk" target="_blank" rel="noopener noreferrer" data-social-follow-link="facebook"> <span class="social-follow__icon"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 32"> <title>Facebook icon</title> <path d="M11,32V17.4H6.1v-5.7H11V7.5C11,2.6,14,0,18.3,0c2.1,0,3.8,0.2,4.4,0.2v5.1h-3c-2.4,0-2.8,1.1-2.8,2.8v3.6h5.6l-0.6,5.6 h-4.9V32H11z"/> </svg> </span> <span class="social-follow__label"> Follow on Facebook </span> </a> </li> <li class="social-follow__item social-follow__twitter"> <a class="social-follow__link" href="https://web.archive.org/web/20190516152805/https://twitter.com/@Telegraph" target="_blank" rel="noopener noreferrer" data-social-follow-link="twitter"> <span class="social-follow__icon"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 32"> <title>Twitter icon</title> <path d="M10.2,29.6c12,0,18.5-9.9,18.5-18.5v-0.8C30,9.4,31.1,8.2,32,6.9c-1.2,0.5-2.4,0.9-3.7,1.1c1.4-0.8,2.4-2.1,2.9-3.6 C29.9,5.2,28.5,5.7,27,6c-1.2-1.3-3-2-4.8-2c-3.6,0-6.5,2.9-6.5,6.5c0,0.5,0.1,1,0.2,1.5C10.7,11.6,5.8,9.2,2.4,5.1 c-0.6,1-0.9,2.1-0.9,3.3c0,2.2,1.1,4.2,2.9,5.5c-1.1,0-2.1-0.3-3-0.8v0.1c0,3.1,2.2,5.7,5.2,6.4c-0.5,0.2-1.1,0.2-1.7,0.2 c-0.4,0-0.8-0.1-1.2-0.2C4.5,22.2,7,24,9.8,24c-2.4,1.7-5.2,2.7-8.1,2.7H0C3.1,28.6,6.6,29.6,10.2,29.6"/> </svg> </span> <span class="social-follow__label"> Follow on Twitter </span> </a> </li> <li class="social-follow__item social-follow__instagram"> <a class="social-follow__link" href="https://web.archive.org/web/20190516152805/https://www.instagram.com/telegraph" target="_blank" rel="noopener noreferrer" data-social-follow-link="instagram"> <span class="social-follow__icon"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 32"> <title>Instagram icon</title> <path d="M10.7,16A5.27,5.27,0,0,1,16,10.7,5.34,5.34,0,0,1,21.3,16,5.27,5.27,0,0,1,16,21.3,5.21,5.21,0,0,1,10.7,16M7.8,16A8.2,8.2,0,1,0,16,7.8,8.17,8.17,0,0,0,7.8,16M22.6,7.5a1.9,1.9,0,1,0,3.8,0,1.84,1.84,0,0,0-1.9-1.9,1.9,1.9,0,0,0-1.9,1.9M9.5,29a12,12,0,0,1-3-.5,3.82,3.82,0,0,1-1.8-1.2,5.67,5.67,0,0,1-1.2-1.8,8.6,8.6,0,0,1-.5-3c-.1-1.7-.1-2.2-.1-6.5s0-4.8.1-6.5a7.48,7.48,0,0,1,.5-2.9A3.82,3.82,0,0,1,4.7,4.8,5.67,5.67,0,0,1,6.5,3.6a6.45,6.45,0,0,1,3-.6c1.7-.1,2.2-.1,6.5-.1s4.8,0,6.5.1a12,12,0,0,1,3,.5,3.82,3.82,0,0,1,1.8,1.2,5.67,5.67,0,0,1,1.2,1.8,8.6,8.6,0,0,1,.5,3c.1,1.7.1,2.2.1,6.5s0,4.8-.1,6.5a12,12,0,0,1-.5,3,3.82,3.82,0,0,1-1.2,1.8,5.67,5.67,0,0,1-1.8,1.2,7.69,7.69,0,0,1-3,.5c-1.7.1-2.2.1-6.5.1s-4.8,0-6.5-.1M9.4.1A16.14,16.14,0,0,0,5.5.8,7.5,7.5,0,0,0,2.7,2.6,8.54,8.54,0,0,0,.8,5.5,12.07,12.07,0,0,0,0,9.4V16c0,4.3,0,4.9.1,6.6a12.07,12.07,0,0,0,.8,3.9,7.5,7.5,0,0,0,1.8,2.8,7.86,7.86,0,0,0,2.8,1.8,12.07,12.07,0,0,0,3.9.8c1.7.1,2.3.1,6.6.1s4.9,0,6.6-.1a12.07,12.07,0,0,0,3.9-.8,7.5,7.5,0,0,0,2.8-1.8,7.86,7.86,0,0,0,1.8-2.8,12.07,12.07,0,0,0,.8-3.9c.1-1.6.1-2.3.1-6.6s0-4.9-.1-6.6a12.07,12.07,0,0,0-.8-3.9,7.5,7.5,0,0,0-1.8-2.8A7.86,7.86,0,0,0,26.5.9,12.07,12.07,0,0,0,22.6.1C20.9,0,20.3,0,16,0S11.1,0,9.4.1"/> </svg> </span> <span class="social-follow__label"> Follow on Instagram </span> </a> </li> <li class="social-follow__item social-follow__linkedin"> <a class="social-follow__link" href="https://web.archive.org/web/20190516152805/https://www.linkedin.com/company/9053" target="_blank" rel="noopener noreferrer" data-social-follow-link="linkedin"> <span class="social-follow__icon"> <svg xmlns="http://www.w3.org/2000/svg" viewbox="0 0 32 32"> <title>LinkedIn icon</title> <path d="M7,32H1V10.8h6V32z M3.8,7.9C1.7,7.9,0,6.2,0,4.1s1.7-3.8,3.8-3.8S7.6,2,7.6,4.1c0.1,2-1.5,3.7-3.5,3.8 C4,7.9,3.9,7.9,3.8,7.9z M31.8,32h-6.6V21.7c0-2.5,0-5.7-3.5-5.7s-4,2.7-4,5.5V32h-6.6V10.8h6.4v2.9h0.2c1.3-2.2,3.7-3.6,6.2-3.5 c6.7,0,8,4.4,8,10.2L31.8,32z"/> </svg> </span> <span class="social-follow__label"> Follow on LinkedIn </span> </a> </li> </ul> </aside> </div> <div class="spark-slot3"> </div> </div> </div> </section> </main> <footer class="p_hub__footer container"> <div class="row"> <div class="col"> <section class="snippet-footer"> <footer data-tmg-dtm-nav-area="footernav"> <div class="footer-list-corporate component"> <div class="component-content"> <nav> <ul class="footer-list-corporate__list"> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/contact-us/" data-tmg-dtm-nav="1-nav:/contact-us.html"> Contact us </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/https://corporate.telegraph.co.uk/" data-tmg-dtm-nav="2-nav:https://corporate.telegraph.co.uk/"> About us </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " title="Rewards" href="/web/20190516152805/https://www.telegraph.co.uk/rewards/" data-tmg-dtm-nav="3-nav:/rewards.html"> Rewards </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/archive/" data-tmg-dtm-nav="4-nav:https://www.telegraph.co.uk/archive/"> Archive </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/http://telegraph.newsprints.co.uk/" data-tmg-dtm-nav="5-nav:http://telegraph.newsprints.co.uk/"> Reader Prints </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/branded-content/" data-tmg-dtm-nav="6-nav:/branded-content.html"> Branded Content </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " title="Syndication & Content Partnerships" href="/web/20190516152805/https://www.telegraph.co.uk/syndication/" data-tmg-dtm-nav="7-nav:/syndication.html"> Syndication </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/about-us/editorial-and-commercial-guidelines/" data-tmg-dtm-nav="8-nav:/about-us/editorial-and-commercial-guidelines.html"> Guidelines </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/about-us/privacy-and-cookie-policy/" data-tmg-dtm-nav="9-nav:/about-us/privacy-and-cookie-policy.html"> Privacy </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/about-us/terms-and-conditions/" data-tmg-dtm-nav="10-nav:/about-us/terms-and-conditions.html"> Terms and Conditions </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/http://spark.telegraph.co.uk/toolkit/advertising/terms-and-conditions/" data-tmg-dtm-nav="11-nav:http://spark.telegraph.co.uk/toolkit/advertising/terms-and-conditions/"> Advertising terms </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/https://fantasyfootball.telegraph.co.uk/" data-tmg-dtm-nav="12-nav:https://fantasyfootball.telegraph.co.uk"> Fantasy Sport </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/vouchercodes" data-tmg-dtm-nav="13-nav:https://www.telegraph.co.uk/vouchercodes"> Voucher Codes </a> </li> <li class="footer-list-corporate__item "> <a class="footer-list-corporate__link " href="/web/20190516152805/https://www.telegraph.co.uk/about-us/modern-slavery-statement/" data-tmg-dtm-nav="14-nav:/about-us/modern-slavery-statement.html"> Modern Slavery </a> </li> </ul> </nav> </div> </div> <div class="footer-copyright component"> <div class="component-content"> <p>© Telegraph Media Group Limited 2019</p> </div> </div> </footer> </section> <div class="footer-ads"> <div id="advert_tmg_tmg" class="js-advert advert " data-adtype="tmg"></div> <div id="advert_tmg_inr" class="js-advert advert " data-adtype="inr"></div> <div id="advert_tmg_ftr" class="js-advert advert " data-adtype="ftr"></div> </div> </div> </div> </footer> </div> </div> <div class="spark-slot4"> </div> <script> tmg.loadClientLibs.init(); </script> <script src="//web.archive.org/web/20190516152805js_/https://d3c3cq33003psk.cloudfront.net/opentag-35657-1096944.js" defer></script> <script> RUM.mark( 'js_load_opentag' ); </script> <script type="text/javascript">_satellite.pageBottom();</script> <div style="display: none;" class="adblocker-message component"> <div class="component-content"> <div class="cartoon"> <img class="adblock-image" alt="Please support us by disabling your adblocker" src="/web/20190516152805im_/https://www.telegraph.co.uk/content/dam/generic/Matt-cartoon-255x206px-small.png"/> </div> <div class="adblocker-message__body"> <h3>We've noticed you're adblocking.</h3> <p>We rely on advertising to help fund our award-winning journalism.</p> <p>We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future.</p> <p>Thank you for your support.</p> </div> <p class="bold">Need help?</p> <p>Visit our <a href="https://web.archive.org/web/20190516152805/https://www.telegraph.co.uk/go/adblocking/" class="help">adblocking instructions</a> page.</p> <div class="logo"></div> <button class="close" data-tmg-event="click" data-tmg-name="adBlockMessageClose">Close</button> </div> </div> </body> </html>