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Updated every month, the moneyfacts.co.uk editorial team compare the best lifetime mortgage equity release rates in the UK. Start your comparison today.

Statistics recently released by the Equity Release Council announcing fourth quarter and full year figures highlight the popularity of Equity Release products. During 2021, 76,154 customers took out new plans, made use of existing drawdown reserves or agreed extensions to existing plans.

The equity release sector has remained strong this year with the first nine months of 2021 seeing homeowners take out £2.989 billion via equity release

As house prices continue to rise, homeowners over the age of 55 may be considering unlocking some of the equity they have built up in their home through equity release

Share This week we published research that found the number of equity release deals available on the market is at a record high of 510. As a result those considering equity release have more options to choose from than ever before. Saying this, those considering this option should still be aware of the long-term impact it can have on finances and must speak to an independent financial adviser before taking out a plan. To help homeowners consider equity release to evaluate the deals on the market below we have highlighted some of the most competitive rates that were available during April...