At My Later Life, we're all about finding the perfect equity release solution for you. We know the world of equity release can be complex, so we've researched and highlighted some of the top lenders for 2025, like Aviva, Legal & General, and More2Life. These names stand out for their excellent customer service, competitive rates, and flexible options.
But here’s where we’re different: we’re not just pushing a handful of lenders on you. As a whole-of-market provider, we can access a wide range of options. It's a bit like shopping at a supermarket where you’re not limited to just their own-brand of baked beans. Instead, we look at all the choices out there to find what really fits your needs.
Sure, you could go straight to a lender, and they’d show you only their products, but our job is to help you explore the full spectrum and make an informed choice. We’re here to guide you through the options so you can find what’s best for you, not just what’s on offer from one specific provider.
In this article, we'll introduce you to our top lender recommendations. The Financial Conduct Authority (FCA) and Equity Release Council (ERC) members regulate each of these lenders. It's important to remember that while these options are highly recommended, equity release might not be the best fit for everyone. We strongly suggest researching and seeking independent financial advice to ensure you choose the best option.
Here’s a closer look at the lenders we trust to provide high-quality equity release solutions:
As the largest insurance provider in the UK, we are sure you would have heard of them. Aviva has earned multiple accolades for its equity release services. With a minimum loan amount of £15,000, Aviva is an excellent choice if you own your home outright or have a small remaining mortgage.
Canada Life, obviously by the name, started in Canada but is now worldwide. It offers a broad spectrum of retirement, investment, and protection products. Their equity release plans include options for second homes and voluntary repayment schemes, which can help you avoid early repayment charges.
'Just' provides a range of retirement-focused financial products, including equity-release mortgages. Their plans feature fixed monthly interest rates set at the beginning of the plan. They also offer a home reversion service for those over 65, allowing you to sell a portion of your home for a lump sum.
LV is more than just a car insurance provider or an excellent advert on TV. The company also offers various investment and retirement services. Their equity release products include lifetime mortgage drawdowns and lump sum options to meet different financial needs.
Specialising and focusing on later-life lending equity release plans with enhanced options, More2Life considers your health and medical history. This personalised approach can result in lower interest rates and higher borrowing limits.
Standard Life offers a wide range of equity release services and extensive support for those over 50. Standard Life serves millions in the U.S., Asia, the U.K. and other parts of the world. Standard Life offers many financial services and is well known for its equity release products.
Headquartered in Leeds, Pure Retirement has a long-standing presence in the equity release sector. They offer innovative and affordable solutions tailored to meet customer needs. As experts in lifetime mortgages, they provide flexible retirement options backed by exceptional service. Pure Retirement is committed to continuously refining its mortgages and services to make equity release easier for you and your clients.
We continually search the above lender's packages in the market, to ensure we select the best company for you and your requirements.
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This information is a guide only and should not be relied on as a recommendation or advice that any particular Equity Release product is suitable for you.
