EQUITY RELEASE
Join over 20,000 Saga customers who have released more than £800 million of tax-free money.
Boost your finances in retirement
If you’re 55 or over and own a UK home worth £70,000 or more, you could release some of its equity to pay for a new car, a dream holiday or home repairs. You could also clear debts or pay off your mortgage. As repaying existing debt using equity release could cost you more in the long run, it's important to get expert advice to establish if it's the right thing for you and your circumstances.
Trusted by thousands of customers, Saga Equity Release is an advice service that’s provided by HUB Financial Solutions Limited. In addition to clear and reliable advice, the service gives you exclusive access to a flexible equity release product called the Saga Lifetime Mortgage (provided by Just). As members of the Equity Release Council this service provides the highest standards and safeguards to protect you and your loved ones. A lifetime mortgage is a loan secured against your home.
Why choose Saga Equity Release?
Fair and honest
This is a service that puts your needs first. If equity release isn’t right for you, your adviser will be honest and upfront.
Tailored to you
Your adviser will take time to talk through your situation. They’ll provide clear and simple advice that’s personal to you.
Always on hand
You’ll feel supported every step of the way. Your adviser can answer questions and give regular updates.
Guarantees for peace of mind
We’ve carefully designed a product that can adapt to your needs, while helping you look after the people you care about in the future.
Money Back Guarantee - If you no longer need the money within six months of taking out a Saga Lifetime Mortgage, we offer a Money Back Guarantee. You can repay the money without any interest or early repayment charges. To be eligible, your initial advance can’t be over £150,000. T&Cs apply.
No Negative Equity Guarantee - A lifetime mortgage is usually paid off when you or the last borrower passes away or enters long-term care. With the No Negative Equity Guarantee, you or your loved ones will never owe more than the home’s value when it’s sold.
What can you use equity release for?
The money available from equity release is yours to spend on almost anything.
Home upgrades
Add comfort and value to your home with a new bathroom or kitchen, extension, triple glazing or loft conversion.
Gifts to family
Giving loved ones their inheritance early could help them with the cost of education, weddings, and house deposits.
Paying off debt
You could pay off a mortgage, loan or credit card. Managing existing debt using equity release could cost more long term.
Dream holidays
Get help with the cost of a cruise, safari, or visiting family overseas. Equity release could make your holiday happen.
Emergency Fund
You never know when you might need some money suddenly. Take the worry away by having an emergency fund in place.
Buy a car
You could downsize, upsize, go electric, get a sporty model or buy an accessible car that makes getting in and out a breeze.
Equity release will reduce the value of your estate and may affect your access to means-tested state benefits. Using it for gifting can impact inheritance tax and you must seek professional advice first.
Ready when you are
Chat to an expert and find out if equity release is right for you. Or request a callback at a time that suits you.
Mon-Thu 9am - 6pm
Fri 9am - 5:30pm
Sat Closed
Sun Closed
Excluding bank holidays
Saga Equity Release
Saga Equity Release is provided by HUB Financial Solutions Limited, who will pay us an introductory fee if you go ahead with equity release using the service. HUB Financial Solutions Limited, part of Just Group plc, is authorised and regulated by the Financial Conduct Authority. You can find out more about the service and fees on the Important information page.
More from Saga Equity Release
There's plenty to explore and learn about equity release.
Exclusive Saga product
Our lifetime mortgage, the Saga Lifetime Mortgage, is provided by Just and is exclusively available through Saga Equity Release.
Pros and cons of equity release
Is equity release the best way to free up tax-free cash in your home?
Frequently asked questions
Common questions and their answers that should help you decide whether equity release could be the right choice for you.
Equity release articles
Considering equity release should involve as much wider reading as possible, here are some articles we hope you find useful.
Important information
For more information call the Saga Equity Release team today to help you find out whether equity release could help you. Saga Equity Release is provided by HUB Financial Solutions Limited.
