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Equity Release Mortgages in Derby, Derbyshire and the UK

Aged 55 or over? A lifetime mortgage lets you take tax-free cash from your home and stay living there. We explain the costs, the risks and the other options before you decide.

Call 01332 300300 Equity Release Calculator

★★★★★ Rated 5 stars on Google | FCA Regulated (Ref: 706676) | Derby-Based, Advising Across the UK

EQUITY RELEASE WILL REDUCE THE VALUE OF YOUR ESTATE AND MAY AFFECT YOUR ENTITLEMENT TO MEANS-TESTED BENEFITS

Equity Release Advice From a Derby Team

Our team live and work locally, and our office is at Pride Park in Derby. We meet clients in person or talk by phone or video call, and you are welcome to bring family.

We are members of the Equity Release Council and only use lenders that meet its standards. We look at every option with you, including ones that are not equity release.

Age 55+The minimum age for a lifetime mortgage
Tax-free cashAs a lump sum or a cash reserve
Stay in your homeYou keep full ownership for life
No negative equityYour family never owes more than your home is worth
Across the UKAdvice by phone and video call

What People Use Equity Release For

Clearing a mortgage

Pay off an interest-only mortgage that is ending, without having to move.

Topping up income

Take a cash reserve and draw from it when you need to.

Home improvements

Adapt or improve your home so you can stay there longer.

Helping family

Give family a deposit or other help while you are still here to see it.

Clearing debts

Pay off loans or cards. We explain the full cost before you decide.

Borrowing more

Already have equity release? We can look at a further advance or a new plan.

How Much Could You Release?

Use our calculator for a first idea, or call us for a no-pressure chat.

Call 01332 300300 Equity Release Calculator Send an Enquiry

Is Equity Release Right for You?

It can be a good fit if

  • You want to stay in your home
  • You need the money now
  • You have looked at other options first
  • You are happy to leave less to your family

Things to think about

  • Interest rolls up and the debt can grow fast
  • It reduces what you can leave to your family
  • It may affect means-tested benefits
  • Paying the plan off early can be costly

How It Works

First chat

We learn what you need and why. You are welcome to bring family.

Look at all options

We look at every option, including downsizing and retirement interest-only mortgages.

Recommendation

If equity release is right for you, we search the market and explain our recommendation in writing.

Completion

Your own solicitor explains the plan before you sign, and the money is paid through them.

Guides and Tools

Equity Release Explained

How it works, what it costs and the risks.

Find Out More

Lifetime Mortgage Q&A

Answers to the questions clients ask most.

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Equity Release vs RIO

Compare the two main later life options.

Find Out More

Equity Release Calculator

Get a rough idea of what you could release.

Find Out More

Equity Release in Derby

Local advice from our Pride Park office.

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Case Study

How a lifetime mortgage helped one client.

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Why Choose Mortgage & Finance Arena

Local advisers

Our team live and work locally and know the local market.

Equity Release Council members

We only use lenders that meet the Council’s standards.

Family welcome

Bring family to meetings so everyone understands the plan.

All options considered

We tell you if equity release is not right for you.

Plain English

We explain every cost and risk before you commit.

FCA regulated

Mortgage & Finance Arena Ltd is authorised and regulated by the FCA (No. 706676).

Equity Release FAQs

You must be 55 or over for a lifetime mortgage. If you own the home with someone else, you both need to be 55 or over.

It depends on your age, your home’s value and sometimes your health. The older you are, the more you can take. Try our equity release calculator for a rough figure.

Yes. You keep full ownership and can live there for life, as long as you keep to the terms of the plan.

No, but you can choose to. Paying some or all of the interest stops the debt growing so fast.

Yes. Plans that meet Equity Release Council standards let you move the plan to a suitable new home.

The loan and interest are repaid from your estate, so there will be less to leave. Some plans let you protect part of your home’s value as an inheritance.

Plans that meet Equity Release Council standards include a no negative equity guarantee, a fixed or capped rate and the right to stay in your home for life. You must also get advice from your own solicitor.

Ready to Talk?

Leave your details and one of our Derby team will call you back. There is no pressure to go ahead.

Call 01332 300300 Mortgage Calculators Send an Enquiry

Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits. A lifetime mortgage is a loan secured against your home. Mortgage & Finance Arena Ltd is authorised and regulated by the Financial Conduct Authority (FCA No. 706676).

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Honest opinions from people like you

There simply are no superlatives sufficient to thank you for your fantastic service! I would highly recommend mortgage and finance area to any of my friends or family looking for a mortgage. You’ve made our dreams come true! The team go above and beyond to make everything so easy.

The advice and financial services I have recently had from Charlotte at Morgage And Finance Ltd in Derby has been first class. Very professional, helpful, efficient and supportive. I wholeheartedly recommend them.

Suzanne and Charlotte were amazing and made the process of buying our first home completely stress-free for us. They were both on hand if we ever had any problems/questions and always responded with knowledgeable and completely honest answers. I would highly recommend.

If I could rate this company more than 5 stars I would. I cannot fault the service and support my partner and I have received whilst getting our first mortgage together. Ian and Megan have been amazing, making the process completely stress free. They were both on hand if we ever had any questions. I would highly recommend. Thank you!

There simply are no superlatives sufficient to thank you for your fantastic service! I would highly recommend mortgage and finance arena to any of my friends or family looking for a mortgage. You’ve made our dreams come true! The team go above and beyond to make everything so easy.