Equity Release

For more information, please contact us on 0800 404 6220 for a no-obligation appointment with an adviser, or request our FREE DVD pack

Our equity release products

Lifetime mortgages

A lifetime mortgage is a long term loan secured against your home. We offer two lifetime mortgages which allow you to either release an amount of money to spend now, or also release an amount that you can use in full or in part in the future.

Lifestyle Lump Sum Max

Lifestyle Lump Sum Max allows you to release a one off amount of money at the start of the plan.

The overall cost of the Lifestyle Lump Sum Max is higher than the Lifestyle Flexible Option, because the product can provide a larger cash lump sum.

Lifestyle Flexible Option

Lifestyle Flexible Option allows you to take a lower initial loan and have access to a reserve of money in the future, as and when you need it.

Find out more about Lifetime mortgage

Home Reversion Plan

With a home reversion plan you can release an amount of money by selling all or part of your home to the reversion provider.

Home Reversion Plan

The Home Reversion Plan offered by Aviva on behalf of Grainger plc allows you to release an amount of money by selling all or part of your home to the reversion provider.

Find out more about Home reversion plan

Compare equity release products

Find out more and compare the equity release products offered by Aviva.

Compare equity release plans now

The benefits of equity release and things to think about

• You could release money from your home to help you do what you want in your retirement.
• You can continue to live in your home until you die or go into long term care.
• Minimum age and property values apply. You should also note that there are restrictions on the type of property we will accept for equity release.
• If you have an existing mortgage on your home, or any secured loans, you would have to use the money you release to pay these off first, but then you would be free to spend the remainder as you wish.
• As equity release is a lifetime commitment our experienced advisers will explain all of the costs and risks involved, including how it reduces the inheritance you leave and how it may affect your tax position and entitlement to means tested benefits.
• Although the amount of inheritance you can leave will always be reduced by equity release you can choose our inheritance guarantee on our lifetime mortgage plans to ensure you can leave something for your loved ones. However, this will reduce the amount of money you can borrow.
• With the Home Reversion Plan if you sell less than 100%, you will be able to guarantee an inheritance for your family from the sale of the property. The value of your share will be paid to you or your estate at the end of the plan.
• We encourage you to involve your family in the decision process and they can attend any of the appointments you have with one of our advisers.
• Equity release is a big decision, so we'll look at all your options before deciding if equity release is right for you.

This is a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration.

Find out more on how to apply for equity release

How to apply for equity release

Lifetime mortgages and the Home Reversion Plan are not available in the Channel Islands and Isle of Man. The Home Reversion Plan is also not available in Northern Ireland or Scotland.

Aviva Equity Release UK Limited. No 3286484. Authorised and regulated by the Financial Services Authority. Aviva Equity Release UK Limited FSA Registration No 310433. Registered in England at 2 Rougier Street, York, YO90 1UU. www.aviva.co.uk

WC07049 12/2011