What types of equity release are there?

There are two main ways of releasing equity from your home. One is a lifetime mortgage, like the one we offer. This is a long‑term loan secured against your home's value, which means you're still the owner. Our lifetime mortgages offer you the option of either taking a one‑off cash sum or taking a one‑off cash sum and setting up a cash reserve to draw money from in the future.

The other option is a home reversion plan. This isn’t so common and involves selling all or part of your home. You then stay on as a tenant, but without paying rent.

To find out if you can get a lifetime mortgage with us, call us on 0800 141 3493 or request a call back. Your call will be answered by our dedicated team who can provide you with information and answer any questions on Aviva’s lifetime mortgage. They can also book an appointment for you to speak to an Aviva equity release adviser who can provide you with financial advice, an illustration and submit an application if you choose to proceed.

You don’t have to commit to anything, and you won’t need to pay an advice fee, instead we’ll make a commission payment to your adviser upon completion of your loan.