If you’re aged 55 or over and a homeowner, equity release could give you access to the money tied up in your property — without having to move out. It’s a flexible way to enjoy more financial freedom in later life, with options tailored to your individual circumstances.
What Is Equity Release?
Equity release is typically arranged as a long-term loan, repaid when your home is sold — usually when you move into long-term care or after your passing.
You can choose to:
Pay the interest as you go, keeping the balance steady.
Or let the interest roll up, with the full amount repaid from the sale of your home in the future.
The funds you release are yours to use as you wish — whether that’s for home improvements, supplementing your retirement income, helping loved ones onto the property ladder, or simply enjoying life a little more.
Flexible Options to Suit You
Modern equity release plans are designed with flexibility in mind. Depending on your needs, you can:
Take the money as a single lump sum, a series of smaller payments, or as a regular income.
Ring-fence a portion of your home’s value, protecting part of your estate for inheritance purposes.
Move home and take your plan with you, or even remortgage in the future to take advantage of new rates (subject to your circumstances at the time).
And with a No Negative Equity Guarantee, you or your estate will never owe more than the value of your home.
Our Commitment to You
At Miles Rhodes, we are proud members of the Equity Release Council — the leading body for consumer protection in the industry. This means you can have complete confidence that every plan we recommend adheres to the Council’s strict standards, including:
The right to remain in your home for life.
The assurance that you will never owe more than your home’s value.
Clear, transparent advice from qualified specialists.
Meet Your Local Equity Release Specialist
Vicky Hasdell, our trusted Equity Release Specialist, is based in Dereham, Norfolk, and supports clients right across East Anglia.
With years of experience and a friendly, down-to-earth approach, Vicky helps clients explore their options with confidence — ensuring you fully understand every aspect of your plan before making any decisions.
Start Your Equity Release Journey Today
If you’d like to find out how equity release could help you enjoy more financial flexibility in retirement, get in touch with Vicky Hasdell for a friendly, no-obligation conversation.
Professional advice is essential and equity release isn’t the right solution for everyone. Releasing cash from your home reduces the value of your estate and the amount of inheritance you leave, so you should involve your children and dependants from the outset
Think carefully before securing other debts against your home. Equity released from your home will be secured against it.
Why use Miles Rhodes
You’re protected
An important thing to understand is that when you receive mortgage advice, Miles Rhodes has a duty of care to you. We will recommend a suitable mortgage and be able to justify why the particular mortgage we have chosen is right for you.
In contrast, if you go directly to a high street mortgage lender, don’t take advice, and end up with a mortgage that later becomes unaffordable, you may not have so much legal recourse.
All our mortgage advisers are qualified
There’s an awful lot to think about when choosing the right mortgage. It’s not as simple as just opting for the cheapest fixed or tracker rate mortgage you can find!
Mortgage advisers have to be qualified to give you mortgage advice, whereas you may not get that kind of guarantee if you ring up a lender’s call centre.
We are on your side
Miles Rhodes will look for the best mortgage for you. We aren’t on the lender’s side, we are on yours, and we give you access to far more products than if you went direct.
You will get unbiased advice and will be able to choose from a range of lenders and subsequent products, rather than being restricted to the single range of the lender you go to.
We know the industry
Mortgage criteria has tightened massively over the last few years, with the Mortgage Market Review being the latest, and arguably widest-ranging, development.
It’s been designed to ensure borrowers can prove affordability, even in the event of a rate rise, and those extra checks have understandably increased application times.
Our Reviews
Darren Chamberlain
5 months ago
Craig was great with us and spent a lot of time understanding our requirements before presenting a range of options and discussing the benefits of each. We had some issues with the agent of the mortgage company but craig helped and chased this up for us. read more
Lucy Seaman
4 months ago
Our mortgage adviser lewis is fantastic—knowledgeable, responsive, and supportive throughout the entire process. He always makes everything clear and easy to understand. Highly recommend!
Adam Carr
7 months ago
A special thank you to craig for helping me and my partner find a mortgage for our first home. Exceptional service and he really went above and beyond!
Kieran
2 days ago
Kevin was great. Took the pressure from myself and dealt with it all professionally and quickly. Thanks kevin!
Kirk
2 days ago
Extremely satisfied with the service i received from craig towle at miles rhodes. Very knowledgeable, courteous, helpful and easy going. Thoroughly recommend him without any doubt.
Kieran Raines
7 months ago
Kevin was extremely helpful with the whole process and went above and beyond at every instant to help us get our home
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