A step by step process of releasing equity from your home.

Equity release is a way of releasing cash (equity) from your home while you still live there, at Harbour Equity Release we are here to help you every step of the way.

Our objective is to find the right solution for you, there is no obligation to proceed and if equity release isn’t your best option we’ll let you know. The following is a step by step process of releasing equity from your home.



Customer research

Our customers often start by researching equity release online to find out as much as possible about how it works and what the options are. Please take a look at our FAQ section to help with your research.


Fact finding

Advice is mandatory for equity release, we will perform a fact find for you to check whether you qualify for equity release and to determine if equity release is the right solution for your needs.


Exploring your options

After we’ve gathered the relevant information we spend time researching the plans available across the whole of the market to find the best solution available to suit your personal circumstances.



We will issue you with our recommendation, talk you through the reasons why a plan has been recommended and provide you with a personalised illustration, which explains the features and benefits of the plan.



If you are happy to proceed we will help you complete the application form and submit it to the plan provider.



Before equity release can proceed your property must be inspected, a surveyor is appointed to value the property and check it qualifies against the lenders offer terms. The provider will then issue a formal offer including full terms and conditions.


Legal advice

Independent solicitors acting on your behalf will cover any legal aspects. The role of the solicitor is to ensure you understand the long-term nature of an equity release contract so you can proceed with full knowledge of the risks and rewards.



Typically, equity release can take between 6 – 12 weeks from application to completion stage. Once completed you can enjoy the money you have released!


To find out how much you could release try out our free equity release calculator. You don’t need to provide contact details or speak to an advisor, just a few clicks and you’re done.

Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property. To understand the features and risks, ask for a personalised illustration. Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.