Equity release
If you're aged 55 and over, you can unlock some of the value in your home via a lifetime mortgage or by selling part of the property to an equity release provider. It means you can still live in your home and enjoy the cash – but there are drawbacks
![How does equity release work?](https://cdn.statically.io/img/www.thetimes.com/money-mentor/wp-content/uploads/2020/05/GettyImages-1388382712.jpg?quality=75&strip=all&w=1900&w=600)
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![Remortgaging or equity release: which is best?](https://cdn.statically.io/img/www.thetimes.com/money-mentor/wp-content/uploads/2020/06/GettyImages-135385299.jpg?quality=75&strip=all&w=1900&w=600)
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![Best equity release rates](https://cdn.statically.io/img/www.thetimes.com/money-mentor/wp-content/uploads/2023/10/GettyImages-652734154.jpg?quality=75&strip=all&w=1900&w=600)
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![Remortgaging for equity release](https://cdn.statically.io/img/www.thetimes.com/money-mentor/wp-content/uploads/2020/08/GettyImages-1407676752.jpg?quality=75&strip=all&w=1900&w=600)