- Get a free home valuation.
- No early repayment charges
- Barclays Equity Release is 5.12% fixed for life
- No advisor or broker fees
- Optional monthly repayments
- A product that lasts a lifetime
Find out if Barclays Equity Release is the right option for you. Please complete the form below:
Equity release in the UK is most often used by homeowners aged fifty-five and above who want to access money tied up in their property without the upheaval of moving.
The most common route is a mortgage, where a loan is secured against the home and interest is added to the balance. Unlike a standard mortgage, there are usually no monthly repayments, although some plans allow voluntary payments if the borrower wants to keep the debt lower. The released funds can be taken as a lump sum or in smaller amounts over time, depending on the needs.
People often use equity release to clear an existing mortgage, carry out home improvements, or help family members with deposits for their own properties.
The loan and interest are usually repaid when the homeowner dies or moves permanently into long-term care, and the property is then sold. Providers must follow the rules set by the Financial Conduct Authority, and members of the Equity Release Council offer additional safeguards, such as the “no negative equity” guarantee. Because releasing equity reduces the value of an estate and may affect benefits, it is essential to take professional advice before proceeding.
The registered office address for Barclays Bank PLC is 1 Churchill Place, London E14 5HP. Barclaycard’s trading address is 1234 Pavilion Drive, Northampton NN4 7SG.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 759676). Registered in England. Registered No: 9740322.
Barclays Bank UK PLC and Barclays Bank PLC are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Barclays Insurance Services Company Limited and Barclays Investment Solutions Limited are each authorised and regulated by the Financial Conduct Authority.
Barclays Lifetime Mortgage Options
