Equity release has become increasingly popular among over-55 homeowners, particularly in Buckinghamshire. However, with rising interest comes a fair share of confusion. Despite the benefits of unlocking property wealth in later life, many individuals still hesitate due to outdated beliefs and misinformation.

At Conran Mortgages, we understand how daunting financial decisions can be. That’s why we’re here to dispel the most persistent equity release myths in Buckinghamshire and help you make well-informed choices for your future.

If you’d like personal guidance, call us on 020 8528 2251 or email hello@conranmortgages.co.uk.

“Don’t let myths shape your future. Equity release is a regulated, flexible tool that can support your retirement goals—when it’s properly understood and expertly guided.”

Myth 1: You Lose Ownership of Your Home

A common misunderstanding is that equity release means signing away your home. This is not the case.

With a lifetime mortgage—the most common type of equity release—you retain full home ownership. You continue to live in your property until you pass away or move into long-term care. The loan, plus interest, is repaid from the eventual sale of your home.

Many people exploring Buckinghamshire equity facts are surprised to learn they remain the legal owner throughout. This misunderstanding often causes unnecessary worry—but the truth is, your home remains yours.

Myth 2: Interest Will Spiral Out of Control

People often worry about interest compounding, fearing it will leave them—or their families—struggling with debt. While interest does roll up over time if left unpaid, the market has evolved significantly.

Most equity release plans now come with a no negative equity guarantee. This ensures you or your estate will never owe more than the property is worth. In addition, many modern plans allow voluntary repayments, helping manage the growth of interest compounding effectively.

Our clients often feel reassured once we break down the figures and demonstrate how manageable the plan can be with the right structure in place.

Myth 3: Equity Release Is Only for People in Financial Trouble

This myth is outdated. Many homeowners in Buckinghamshire now use equity release to enhance their lifestyle, not just to stay afloat.

We’ve helped clients fund home improvements, assist their children with deposits, or simply top up their pension income to enjoy retirement more comfortably.

When you uncover the equity release truth in Buckinghamshire, it becomes clear that this isn’t a product of desperation—it’s a strategic choice for many financially savvy homeowners.

Myth 4: Equity Release Isn’t Safe or Regulated

Equity release is often viewed with suspicion due to its past reputation. However, today it is a highly regulated product overseen by the Financial Conduct Authority (FCA).

In addition, lenders must adhere to strict guidelines set by the Equity Release Council, which ensures added consumer protections. All the products we offer at Conran Mortgages come from approved providers committed to the highest standards.

Choosing a regulated product means your interests are safeguarded—and your future protected. If you’re unsure where to begin, you might find our blog on Is Equity Release Right for Buckinghamshire Over-55s? helpful.

Myth 5: You Can’t Leave an Inheritance

A widely believed myth is that equity release means there’s nothing left to pass on. While it’s true that releasing equity reduces your estate’s value, many plans now offer inheritance protection features.

These allow you to ringfence a portion of your home’s value specifically for your beneficiaries. In some cases, equity release can even help families sooner—such as by helping children buy their first homes—rather than waiting for an inheritance later.

When we help clients navigate debunked financial myths like this, it often opens new possibilities they hadn’t considered.

Myth 6: You’re Locked Into the Plan Forever

Another misconception is that equity release means you’re stuck with the same plan for life. Thankfully, flexibility is a core part of modern products.

Today’s plans may allow early repayments, downsizing protection, and even the ability to move the plan to another property—providing the new home meets lender criteria.

We always ensure the plans we recommend are tailored, flexible, and appropriate to your long-term goals. Many clients in Buckinghamshire are surprised by just how accommodating modern equity release plans can be.

Frequently Asked Questions

What age do I need to be for equity release?

You need to be at least 55 years old to be eligible for a lifetime mortgage. The older you are, the more equity you may be able to release.

Will equity release affect my benefits?

Possibly. If you’re claiming means-tested benefits, releasing equity could impact them. We provide clear guidance on how your entitlement might change.

Can I move house after taking out equity release?

Yes. Most plans allow you to transfer your mortgage to a new property, so long as it meets the provider’s criteria. This feature is known as portability.

Will my family inherit my debt?

No. Thanks to the no negative equity guarantee, your estate will never owe more than the sale value of your home.

Why is it important to use a regulated adviser?

A regulated adviser ensures you receive advice tailored to your needs, backed by professional standards and legal protections. It’s essential to avoid poor advice or unsuitable plans.

The Truth Behind Equity Release Myths in Buckinghamshire

Understanding equity release begins with separating fact from fiction. At Conran Mortgages, we’re passionate about helping homeowners uncover the equity release truth in Buckinghamshire and challenge the debunked financial myths that often prevent people from taking advantage of this regulated financial solution.

We bring years of experience, a client-first approach, and honest advice to every consultation. Whether you’re exploring options for yourself or helping a loved one, we’re here to guide you.

Ready to Speak With a Local Equity Release Expert?

Now that we’ve cleared up some common equity release myths in Buckinghamshire, you may feel ready to explore your own options.

We’d love to help. Get in touch with us at 020 8528 2251 or email hello@conranmortgages.co.uk to book a free, no-obligation consultation with one of our expert advisers.

Your home. Your equity. Your decision—with trusted support every step of the way.