How can you stay in the home you love for longer?

As we age, everyday tasks can become more difficult and your home may not be as practical as it once was

For the majority of us, our homes are where we feel most comfortable. It’s the heart of the family and where all our memories are. And the good news is, our homes can be adapted, helping us stay in them for as long as possible, remain independent and enjoy the best quality of life.

Modifications to your home, such as stair lifts, a more accessible bathroom, ramps and household aids, can make all the difference between staying in familiar surroundings and downsizing – or even moving into care. However, home improvements can also be expensive, so is there an alternative to moving from a home you love in later life?

Did you know you could release as little as £10,000 or up to 56% of the value of your home (dependent on personal circumstances), to help future-proof your home?

A lifetime mortgage is the most popular type of equity release. It allows homeowners aged 55 and over to unlock some of the value of their property while staying in the home they love. Typically there are no monthly repayments to make as the loan plus roll up interest is repaid when the plan comes to an end, usually after you, or the last remaining applicant, passes away or moves into long-term care.

Having no monthly repayments to make also leaves you free to relax and enjoy your retirement in the comfort of your own home for as long as you want.

To find out if you could use some of the equity released from your property to make your home suitable for the days to come, order your free Yours guide to equity release by calling the freephone number below.

*Lowest available rate correct as of 5 January 2021. Most Key Equity Release customers have received a fixed annual interest rate of 3.79% or lower. The overall cost for comparison is 3.97% APR. Interest rate received and plan features are subject to eligibility. Ask for a personal illustration.