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Steps you need to release capital

Releasing equity from your property is an important decision for you and your family as this reduces the amount you can leave to your children and beneficiaries.

Initially you need to investigate the alternative methods of raising the funds you need as equity release would involve committing to a lifetime mortgage where interest rolls-up in the future.

Before you start, work out how much you need now and if you will need additional sums in the future. Establish the value of your property and see how much you are likely to borrow for a lifetime mortgage, drawdown lifetime mortgage or home reversion plan.

The amount you can release is based on the youngest age of either you or your partner and health conditions can also help increase the maximum loan to value.

If you decide this is the right option for you can start the process by taking the following steps.
What To Do The Details
1 Free equity release quote Our free online quote service searches the whole market producing a quote for you showing the maximum you can borrow from equity release.
2 Advice from our experts We can help you consider all your options as well as equity release and refine the benefits and type of plan you need.
3 Talk to your family You should discuss equity release with your family and beneficiaries to make them aware of how things will change.
4 Local legal advice Find legal advice in your local area with knowledge of equity release as you may need to sign documents in their presence.
5 Apply online LCM let you start your application through your dashboard using our online form 24/7.
6 Lender valuation & offer The lender will arrange a valuation of your home sending you an offer and confirming the amount for equity release.
7 Completion Once you have received details of the terms you can complete the equity release plan. Your lump sum is usually received 8 to 12 weeks after the application.

Equity Release

Equity Release Best Buys

These are examples of equity release products we can approach with many more offering interest rates and flexibility to meet your needs.

3.19% Fixed Rate
Interest Roll-Up
15% Loan to Value
£0 Lenders Fee
3.24% AER
2.85% Fixed Rate
Interest Roll-Up
35% Loan to Value
£599 Lenders Fee
3.00% APR
2.87% Fixed Rate
Interest Roll-Up
15% Loan to Value
£895 Lenders Fee
2.91% AER
2.71% fixed Rate
Interest Roll-Up
20% Loan to Value
£0 Lenders Fee
2.80% APR

Get started now with a
Free Equity Release Quote

As equity release advisers we can recommend products with the flexibility to meet your needs. Access your quotes via your dashboard to start your equity release application online 24/7 using a tablet or smartphone if you are on the move or from the comfort of your home.

Call for your free quote 0800 955 0058

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Call for your free quote 0800 955 0058


    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.


    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.


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    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

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