Equity Release in London

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Equity Release in London: Safe, Flexible Financial Freedom for the Over-55s

Equity release has become a trusted option for homeowners over 55 in London who want to make the most of their property wealth. Whether you’re aiming to enjoy a more comfortable retirement, help your children buy their first home, or make improvements to your current one, equity release gives you the power to use your home’s value—without needing to move.

At Conran Mortgages, we understand the importance of financial freedom later in life, and we know that making these choices can feel overwhelming. That’s why we offer clear, expert advice based on decades of experience in London’s housing market.

What Is Equity Release?

Equity release allows homeowners aged 55 and over to unlock some of the value tied up in their property, while continuing to live there. The most common form is a Lifetime Mortgage, where you receive a tax-free lump sum or instalments, and the loan is typically repaid when your property is sold—usually after you pass away or move into care.

How Equity Release Has Changed: A Modern Solution for London Homeowners

Gone are the days of risky, unregulated equity release plans. Today’s products are fully regulated by the Financial Conduct Authority (FCA) and meet strict standards set by the Equity Release Council. With safeguards like fixed interest rates, no negative equity guarantees, and inheritance protection options, these plans are designed to work for you—not against you.

London Today: Housing & Demographics at a Glance

London’s housing market is unique—and complex. The average age in London is around 36–37, but in boroughs across Outer London, the number of residents aged 55+ is steadily increasing. According to government data, only 9.5% of Inner London residents are over 65, compared to 13.8% in Outer London.

Homeownership is also mixed: just under 47% of Londoners own their homes (either outright or with a mortgage), while more than half rent privately or through social housing. Given the capital’s high property values and cost of living, many long-time homeowners are turning to equity release as a means of enjoying the wealth they’ve built-up in their property—without leaving London.

Is Equity Release Right for You?

You may be eligible for equity release if:

You are aged between 55 and 95
You own a mortgageable property (it doesn’t need to be fully paid off)
You live in London or the surrounding areas

People typically use equity release to supplement pension income, help younger family members onto the property ladder, carry out renovations, or pay off debts such as a traditional mortgage.

Types of Equity Release Available in London

Lifetime Mortgage

The most popular option; retain full ownership of your home and repay the loan when the property is sold.

Drawdown Lifetime Mortgage

Access funds gradually as needed, paying interest only on what is drawn down.

Interest-Only Lifetime Mortgage

Make interest payments regularly to reduce the overall cost and preserve more inheritance.

Enhanced Lifetime Mortgage

Qualify for a higher release amount if you or your partner has certain medical conditions.

Key Features and Safeguards for Londoners

No negative equity guarantee
Inheritance protection
Downsizing protection
Optional partial repayments
Fixed or capped interest rates
Enhanced terms for medical conditions

Why Choose Conran Mortgages for Equity Release in London?

We offer:

Whole-of-market access to leading equity release providers
Fully independent advice
A local team with decades of experience
A compassionate, no-pressure approach to planning for later life

What Our London Clients Say

“The Conran team helped me unlock money from my home so I could help my daughter with her first property. They made the process easy and stress-free.”

“I was sceptical at first, but they explained every option and were never pushy. I'm now enjoying retirement more comfortably thanks to their guidance.”

Will I still own my home?
Yes, with a Lifetime Mortgage you retain full ownership.
Can I move later?
Yes, many plans include downsizing protection.
How much equity can I release?
It depends on your age, health, and property value.
Will it affect my inheritance?
Potentially, but inheritance protection options are available.
Can I pay off the loan early?
Yes, many plans allow optional repayments or early settlement under certain conditions.

Start Your London Equity Release Journey Today

Equity release can help you enjoy life now while staying in the home you love. Let’s talk about your options with no pressure or obligation.

Call us on 020 8528 2251
Email hello@conranmortgages.co.uk