Equity Release Mortgages
in Surrey 

Unlock the potential in your property with equity release. When done correctly, this can help to free up funds without the need to move home or downsize. We can help guide you through the process to ensure you get the best possible deal on your equity release product.

01932 865500

How JML will help you find the best mortgage in 3 simple steps

Step 1
Compare & check

From big banks and niche lenders, we can provide an overview of what mortgage products are available to you.
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Step 2
See if you qualify

We pre-qualify candidates with just a few questions over the phone or online. We’ll then let you know which deals you can access.
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Step 3
Apply online

We simplify the application process by keeping everything secure in one place, so when you’re ready to apply we have all the information we need.
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Call us to start saving today
01932 865500

First Time Buyer
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Equity Release
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What is equity release and could it work for me?

An equity release arrangement is a special type of mortgage that isn’t repaid until the homeowner passes away or moves into a long-term care facility. It is a common method for freeing up the equity in your home without having to move out or downsize.


With an equity release arrangement, the borrowing is secured against your home and allows you to release monthly income to help with the cost of living in retirement, or as a one-off tax-free payment. There are typically limits on the percentage of equity you can release depending on your age, so as you get older, you may be able to release more equity from your home. 

You can also protect a percentage for your children and grandchildren so you leave some inheritance for them.

Who is eligible for equity release?

Equity release is typically only offered later in life, once you either own your property outright or own a significant percentage of it. Lenders will typically want to understand your financial circumstances before they make a lending decision. This could mean looking at your pension payments and any means-tested benefits you currently receive.
Lending is usually based on your age, rather than the value of your property. 

This means the older you are, the more you will be able to borrow. From age 55, you should be able to access between 20-30% of the value of your property. As you get older, this could increase up to 60%. This can help those who reach later life and find themselves to be asset-rich but cash-poor. To unleash the value tied up in your home, speak to our team today. Whether you own your home entirely or you are still making mortgage payments, we can help you choose the right lending products for your needs.

Ready to explore equity release?

If you’re curious about the equity release products that could be available to you, get in touch with our team today. We will outline the three main types of equity release plans available and then advise you on the best option for your current circumstances.
Equity Release QUALIFIER

Ask The Mortgage Experts

01932 865500
We want you to feel informed, not overwhelmed. If you have questions about the process of working with an independent mortgage broker, get in touch with our team today. We’ll break it down in simple terms so you can understand the best course of action for your needs. Call our team today for more information or kick-start the process by checking if you qualify.
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