About Standard Life Equity Release

  • Standard Life has looked after retirement needs for around 200 years
  • For equity release, we've partnered with experts Key Retirement Solutions
  • Key trades as Standard Life Equity Release to provide content and tools on our website and help with your enquiry


Benefits and drawbacks of a lifetime mortgage

Your lifetime mortgage can be personalised to your wants and needs. There are many features and benefits available to help ensure the plan you receive is the right one for you.


  • You can unlock cash from your home, tax-free, to help meet your needs in later life
  • You’ll always retain full ownership of your home and can stay in it for as long as you wish with a lifetime mortgage
  • You can choose to make reduced or no monthly repayments to suit your circumstances
  • You’ll never owe more than your home’s worth with a lifetime mortgage
  • You may be able to remortgage your plan in the future to release further funds or secure a better interest rate, although this isn’t guaranteed and may be subject to early repayment charges


Your equity release adviser will also outline the following important things to think about:

  • A lifetime mortgage is a loan secured against your home and subject to compound interest, meaning the amount you owe can grow quickly
  • Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits
  • Equity release may leave you with limited or no property equity remaining
  • Equity release will reduce your financial options in the future
  • A lifetime mortgage is a long-term financial product and is not designed to be fully repaid until the death or entry into long-term care of the last remaining borrower, otherwise early repayment charges may apply


What is a lifetime mortgage?

  • A lifetime mortgage is a loan secured against your home
  • A lifetime mortgage is a type of equity release which allows you to access some of the tax-free cash locked in the value of your home
  • With a lifetime mortgage you don't usually have any monthly repayments to make – unless you choose to as the loan, plus compound interest, is typically repaid through the sale of the property when the last remaining applicant passes away or moves into long-term care
  • The release amount (loan) along with the rolled up interest is usually repaid when the plan comes to an end
  • With a Standard Life Horizon lifetime mortgage, you can access between £10,000 & £1.5 million whilst retaining ownership of your home
  • The amount you can release is dependent on your personal circumstances
  • All applicants must be 55 or over to be eligible
  • The more a property is worth the higher the equity release calculation will be
  • To be eligible your property must be worth £99,000 or more



Am I eligible for equity release?

You could be eligible if: 

  • You’re a homeowner aged 55-84
  • Your property is worth at least £99,000

See how much value you could release from your property today with our free equity release calculator.

Calculate now


Equity release advice

You need to get expert advice before you can go ahead with equity release – we’ll introduce you to equity release specialists Modern Lending Advisers, who offer honest and bespoke advice. All their equity release advice relates to Standard Life Home Finance Horizon lifetime mortgages only -a loan secured against your home. Unless you decide to go ahead, Modern Lending Advisers' service is completely free of charge, as their fixed advice fee of £599 is only payable on completion of a plan.

Standard Life Equity Release is a trading name of Key Retirement Solutions Ltd. Registered in England No 02457440. Registered Office: Baines House, 4 Midgery Court, Fulwood, Preston PR2 9ZH. Equity release content and financial promotions have been provided and approved by Key Retirement Solutions Ltd who are authorised and regulated by the Financial Conduct Authority. Any personal data provided on this page will be shared with Key Retirement Solutions Ltd who will use the information to contact you about your enquiry.

Businesses in the Phoenix Group will receive a financial benefit from businesses in the Key Group from the sale of each Lifetime Mortgage or other financial benefits where a customer uses any service provided by businesses in the Key Group typically up to a maximum of 3.65% of the value of the loan or up to 20% for services provided to each customer.

Key Retirement Solutions Ltd used the Standard Life brand under licence.