Equity Release Service
Lifetime mortgage advice from qualified advisers

Are you thinking about equity release?

We cover Glasgow, Dundee, Edinburgh, Perth and the whole of Scotland, as well as London and the south-east.


Taking out equity release is an expensive way of raising money and generally only suits a small percentage of our clients. We will only recommend equity release if it is appropriate to your situation and after looking at all the other available options you may have, which will include:

Downsizing – you may want to look at moving to a smaller property in order to release capital
Selling other assets – you may own other assets you can sell to raise money

If you would like to know whether equity release might be the right solution for your particular circumstances, call us to arrange a no-obligation meeting with one of our advisers. The initial consultation is always at our expense. Depending upon circumstances we may also encourage you to involve immediate family members in any discussions, as well as seeking legal advice.

Just to express our thanks to John Collins of Henderson Stone. He patiently explained in detail all our options for equity release, what was involved and how the process worked. He also gave good sound advice on other matters including life insurance to which we are very grateful. Everything was taken care of so efficiently. Also, John was very professional in understanding our circumstances. I would not hesitate in recommending John and Henderson Stone to my family and friends. Many thanks John!
Mr & Mrs Edmonds, Glasgow
What is Equity Release?
Equity release schemes enable older home owners to release cash from the value of their property without the need to move house. Reasons for wishing to take out equity release may include finding cash necessary for;

  • Long-term care
  • Medical needs
  • General living costs
  • Helping out family members
  • Home improvements
  • Travel and hobbies

Generally there are certain conditions that need to be met before taking out equity release, for example:

  • You will need to be a minimum age of 55
  • You must be a home owner with no dependants living with you
  • You have little or no mortgage left on your property
  • Your property must be in reasonable condition
  • Your property must be over a certain value

Costs and Fees

The costs and fees for setting up an equity release plan will vary between different providers. Typically they will include:

Completion, arrangement or application fees that cover administration costs
Valuation fees that will depend on how much your home is worth, with higher prices for more expensive properties
Solicitors’ fees that cover the legal work carried out on your property
Early repayment charge if you want to pay off your loan early

It is important to make sure you get specialist financial and legal advice before signing up for an equity release scheme.

Equity Release will reduce the value of your estate and can affect your eligibility for means tested benefits.