Get Award-Winning & Transparent
Equity Release Advice
Whether you’re concerned about your future or planning for your family, equity release could grant you greater financial freedom. With equity release, you could:
1. Boost your funds in retirement and enjoy financial freedom securely and confidently
2. Support your family without compromising your future
3. Enhance your lifestyle with home improvements and more cash to spend on the things that matter
4. Pay off an interest-only mortgage and stay in your existing home
5. Stay independent and access funds to assist with future or ongoing care costs
Speak to us today to find out more about your options from our award-winning equity release advisor.
How Does Equity Release Work?
Equity release allows homeowners aged 55 and above to access some of the money tied up in their home as tax-free cash. This money can be spent on achieving your goals later on in life, whether that’s paying off your mortgage or helping family members get on the property ladder.
The most popular form of equity release is a Lifetime Mortgage, which lets you borrow against the value of your home while retaining full ownership. The amount borrowed, plus interest, is repaid when you move into long-term care or pass away and your home is sold.
With the right advice and guidance, equity release can be a simple and transparent way to make the most of your hard-earned property wealth. That’s where we can come in, and our award-winning equity release adviser will help you understand how much you could release, what it might cost over time, and whether it’s right for you.
Releasing equity through a lifetime mortgage is a journey that requires thoughtful consideration and careful planning. By following these steps, you can approach the process with confidence, knowing that you’re making an informed decision that aligns with your long-term goals.
And remember, we’re here to guide you every step of the way, ensuring that the choices you make are the right ones for you.
Book a call today to learn more.
Learn More About Equity Release In 10 Easy Steps
About Mewstone Later Life
"Equity release is about making the most of what you've worked for. Whether it's staying in the home you love, boosting your retirement income, or helping family when they need it, the right equity release plan can give you financial freedom without unnecessary stress."
- Mike Jones, Mewstone Later Life
Mewstone Later Life is led by Mike Jones, an award-winning adviser providing transparent and holistic equity release advice to help homeowners over the age of 55 achieve financial freedom.
Mike has extensive experience in equity release advice and can help you to consider all of the options that could support your finances, including equity release via Lifetime Mortgage, alongside suitable alternatives, including retirement interest-only mortgages.
We pride ourselves on our transparent and straightforward approach to equity release advice, designed to help you secure the right deal and the right product, both now and in the future. Mike will talk you through the pros and cons of each option available to you, empowering you to make a decision that aligns with your long-term goals.
Committed to Doing What’s Right for You
I’m not tied to a corporate agenda—I work for you, not the lenders. My only priority is finding the best solution for your needs, with no bias or sales pressure.
Your Interests Come First—Always
Whether it’s equity release, retirement interest-only, or another later life lending option, I explore the whole market to find what’s genuinely best for you.
Clear, Honest Advice
If borrowing less—or not at all—is the best option for you, that’s exactly what I’ll recommend. I’ll also explore non-borrowing alternatives where practical, ensuring you make the right financial decision for your future.
A Simple, Stress-Free Process
I handle the heavy lifting so you don’t have to. From paperwork to lender communication, I make the process as smooth and hassle-free as possible.
Regular Updates, No Chasing Needed
You’ll never be left wondering what’s happening. I keep you informed every step of the way, ensuring you feel confident and in control.
Why Speak To Us?
If you’re over 55 and looking for financial freedom, let’s talk. We are committed to ensuring you get the best outcome for your needs and strive to make the process of releasing equity from your home as simple as it should be.
In just a short 10-minute call with us, you can:
Explain your requirements and reasons for wanting to release equity
Obtain an understanding of whether equity release could be right for you
Consider the alternatives to equity release, including other later life mortgage options
Learn about the next steps of the equity release process, with no obligation to continue if it’s not right for you
Book a free, 10 minute discovery call with me to learn how I can help you!
5-Star Service
"Keep up the excellent work!" - M. Trethowan
Mewstone were recommended to us via a friend. Mike was so helpful, professional, and always on the end of a phone when needed. Our transaction was completed flawlessly.
"Excellent care through the lifetime mortgage process." - J. Owers
Mike Jones gave us some excellent care and helped us through the process of obtaining a lifetime mortgage. We can only express our thanks and satisfaction.
"Mike Jones is just one in a million." - S. Clark
Mike Jones is just one in a million. I have nothing but great respect for him. He has gone that extra mile on every occasion. Thank you, Mike.
"Fantastic from start to finish." - N. Williams
We came to him with a more complex situation than normal, in a time when the financial world is in turmoil. Mike navigated us through this, while complications were thrown at us, he found a way to overcome them.
"Would recommend him without hesitation." -
C. Burton
What we thought would be a long and complicated process was made very simple and stress-free. This was entirely down to Mike Jones, who provided an excellent service every step of the way. Professional, friendly, easy to deal with.
"Thoroughly recommended." - E. Brown
Time taken to establish exact needs, due to specialist requirements, and options to suit for us to consider. Clear communication. Someone always available to answer queries. We are looking forward to our next home ownership.
Frequently Asked Questions
What is equity release?
Equity release allows homeowners aged 55+ to unlock some of their home’s value while continuing to live in it. The amount of money you can release depends on your age, property value, and lender criteria.
With a Lifetime Mortgage, the most popular type of equity release, you will remain the legal owner of your home. The loan amount, plus any unserviced interest, is repaid when you pass away or move into long-term care, usually through the sale of your home.
If you receive means-tested benefits, a lump sum via equity release could impact eligibility. Releasing equity can also reduce the value of your estate. You must seek financial advice before applying.
Do I have to make monthly repayments?
With equity release, repayments are not required. However, some plans allow you to make voluntary payments and you may wish to do so to prevent or reduce interest build-up. Some plans have early repayment charges and you should check the terms with your provider.
Can I move house if I have equity release?
Yes, you can move house if your property meets the lender’s criteria. Some equity release plans allow you to transfer or ‘port’ your loan to a new property.
What can I use equity release for?
Equity release can be used to fulfil a number of goals later in life, for example:
Clearing an outstanding mortgage
Gifting a house deposit to younger family members
Paying for children's or grandchildren's education fees
Funding home improvements
How long does the equity release process take?
The full equity release process typically takes 6 to 8 weeks, depending on valuations and legal work.
Can I switch equity release providers?
Yes, you can switch equity release providers in some cases. However, your eligibility to do so depends on early repayment charges and whether a better deal is available. When you seek advice from us, we will regularly review your deal and inform you should a better alternative become available.
Mewstone Mortgage Advice LTD (FCA ref 947355) is an appointed representative of New Leaf Distribution LTD (FCA ref 460421) which is authorised and regulated by the financial conduct authority (FCA).
New Leaf Head Office Garfield House, 165-167 High St, Rayleigh SS6 7QA. Co registration Number 5520001.
Mewstone Mortgage Advice LTD Head Office: 22 Barton Brake, Wembury, Plymouth, Devon PL9 0BJ Co registration Number 12959322
Your home is at risk if you fail to keep up payments on your mortgage or any other loans secured against it. Buy to Let mortgages and Commercial Lending are not usually regulated by the Financial Conduct Authority. Equity release may involve a lifetime mortgage which is secured against your property or a home reversion plan which requires the sale of property for a discounted price. To understand the features and risks, ask for a personalised illustration. You only continue to own your own home with a lifetime mortgage.
Equity release may impact the size of your estate and it could affect your entitlement to current and future means-tested benefit.