Equity Release •
Specialist Equity Release & Lifetime Mortgages
Unlock tax-free capital from your property without having to move home. Compare modern lifetime mortgages, Equity Release Council safeguards, and flexible drawdown facilities across the whole UK market.
Explore Product Pillars:
55+
Minimum Age (Youngest Borrower)
100% Tax-Free
Cash Lump Sum or Drawdown
No-Negative-Equity
Guaranteed by ERC Council Rules
0 Monthly Payments
Optional Interest Servicing
Explore the 5 Knowledge Pillars
Our specialist commercial lending desk has structured deep-dive market insights across five core pillars below:
Pillar 1
1. The Basics
Understand the foundational mechanics of lifetime mortgages, how home reversion differs, what the Equity Release Council does, and the legal certainty of the No-Negative-Equity guarantee.
Pillar 2
2. Speed & Process
Discover realistic step-by-step application timelines (6 to 8 weeks), mandatory independent legal advice (ILA) rules, valuation procedures, and how to involve your family.
Pillar 3
3. Rates & Costs
Examine how interest compounds over time, fixed versus variable rate protections, setting up voluntary interest payments, and avoiding impacts on means-tested state benefits.
Pillar 4
4. Strategy & Planning
Compare lifetime mortgages against Retirement Interest-Only (RIO) products, evaluate inheritance tax (IHT) mitigation, and leverage flexible drawdown reserves.
Pillar 5
5. Hacks & Pitfalls
Tactical advice on porting your mortgage when downsizing, making 10% penalty-free overpayments, dodging high compound interest traps, and managing care home moves.
Specialist Lending Desk
1. The Basics
Simon Carr, Specialist Finance Expert, and our senior lending desk compare whole-of-market options across 90+ UK lenders. Secure your optimal borrowing terms smoothly.
Promise Money is authorised and regulated by the Financial Conduct Authority (FCA). Borrowing against property carries risk.
Add Promise Money as a Preferred Source
Want fast, expert guidance on UK property finance? Set Promise Money as your trusted source to prioritise our specialist rate guides, market updates, and mortgage analysis in your Google Search and AI results.
Meet our specialist team
Learn about our 35 year story >
Steve Walker
Managing Director – 40 years of experience
Founding chairman of the Corporation of Finance Brokers. Specialist in UK residential mortgages, secured loans, and regulated bridging.
Simon Carr
Commercial Director – Proptech
Specialist in complex mortgages, commercial underwriting, and developer finance. Architect of Promise Money’s automated lending tools.