Aspect Learning Guide
Equity release
Equity release means borrowing against available property equity for a clear purpose, subject to lender policy.
Equity release explained in plain English
Equity release means borrowing against available property equity for a clear purpose, subject to lender policy.
How it works
The lender considers your property value, existing debt and the purpose for extra funds.
Common purposes
Renovations, investment, deposit funds or debt restructure.
Important
Lenders usually require a clear acceptable purpose.
General information only: This guide does not take into account your personal objectives, financial situation or needs. Lending policy varies between lenders.