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Can I use my home to help fund my retirement?

The short answer is yes, you can use your home to help fund your retirement. How you do that is up to you, but you have several choices. You can:

  • Sell up and downsize to a smaller house or rent a property
  • Rent out part of your home to a lodger
  • Unlock the cash in your home through an equity release product.

Take time to consider your options

Each one of these options will have a significant impact on your life one way or another, so you need to give it some serious thought. Downsizing means giving up a home that may hold precious memories for you. Taking in a lodger means giving up some of your space and privacy. Equity release brings with it a whole raft of things to think about and you shouldn't contemplate it without talking to a financial adviser.

Equity Release from Aviva

We offer two lifetime mortgage products, both of which are a form of equity release which aim to let you unlock the cash in your home without having to go through the stress and strain of moving house. You can find out more about lifetime mortgages at our website equity release.

If you have any questions or need information about our lifetime mortgages, talk to a member of our team by calling 0808 256 6106.

Lifetime mortgages aren’t the best option for everyone so it’s important to get financial advice. An adviser will be able to explain the minimum property values and age restrictions that apply and the costs involved. They’ll also explain how tax and welfare benefits may be affected and how any inheritance you leave will be reduced.

If you don’t have a financial adviser you can find one at The companies listed may not be able to give independent advice.

This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration.

Renting in retirement

Renting in retirement is growing in popularity. In addition to standard rental properties, many people are now realising the benefits of renting on an assured tenancy, often in a property in a purpose built retirement development, which provides the security of having a home for life without the financial ties.

It's the only rental contract that gives tenants the security of choosing how long they remain in a property without having to tie up capital.

Get help from an expert

Equity release products must be bought through a financial adviser. Speak to a financial adviser, or visit The members listed may not be able to give independent advice.

Contact us

If you have any queries or need information, talk to a member of our team by calling 0808 256 6106.

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Contact us

For more information please call:

0800 092 5852

Monday to Friday
9.00am - 5.30pm

Or, arrange for one of our team to call you back at a convenient time.

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Tools & Calculators

We've got a number of calculators to help you get your finances under control.


Register for our new online service to:

  • Check your annuity details online
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Other helpful websites

  • For more information on how much the government will give you, visit the pensions and retirement planning section at:

  • For help tracing your pensions, visit: Pension Tracing Service

  • To find a financial adviser, visit: The members listed may not be able to give independent advice.