Tool

How Much Can I Release with Equity Release?

The amount you can release depends primarily on your age and your property value. The older you are, the higher the percentage a lender will typically offer. Enter your details below for an illustrative estimate — then see the compound interest calculator to understand what that loan will cost over time.

Figures are illustrative only and based on typical lender criteria for each age band. Actual amounts vary between lenders and depend on individual circumstances, property type, and health. This is not a formal offer or assessment.

Age 68
£350,000
None
If you have an existing mortgage, it must typically be repaid from the equity release proceeds at completion. This reduces the net cash available.
Applicants who smoke or have qualifying health conditions may be offered higher amounts by some lenders.
Amount you could release:
Equity remaining for estate:
Maximum available
Before repaying any existing mortgage
Cash in your hands
Equity remaining for your estate

These figures are based on typical lender criteria and are for illustrative purposes only. They do not represent a formal offer or eligibility assessment. Actual amounts depend on your specific property, lender, individual health, and circumstances. Always seek regulated financial advice before making any decision.

Now see what that loan will cost

Our compound interest calculator shows how a lifetime mortgage balance grows over time — and what equity would remain for your estate.

See the compound interest →

What affects how much you can release?

Your age

The single biggest factor. Lenders offer higher LTV percentages to older applicants because the loan is statistically likely to run for a shorter period. At 55 you might release 20–25% of your property’s value. At 80 it may be 45–50%.

Your property value

The higher the value, the more can be released in absolute terms. Most lenders have a minimum property value requirement of £70,000–£100,000.

Health and lifestyle

Enhanced lifetime mortgages — offered by most lenders — can increase the available LTV significantly for applicants who smoke or have qualifying health conditions. Conditions that commonly qualify include heart disease, diabetes, stroke history, cancer, COPD, and high BMI.

Your outstanding mortgage

If you have an existing mortgage, it must typically be repaid from the equity release proceeds. The net cash available to you is the gross release minus the mortgage balance.

Property type

Most property types are acceptable. Leasehold flats have additional requirements (lease length). Non-standard construction types are accepted by fewer lenders.

See our full LTV-by-age table

Reviewed by Chris, CII-qualified equity release specialist · Last reviewed July 2026

Get these figures emailed to you

We’ll send you a summary of your calculation and a guide to the next steps. No spam. Unsubscribe any time.