Best Equity Release Providers: Your Quick Guide to Choosing the Right Partner

If you’re over 55 and own your home, equity release might be a smart way to free up cash without moving. But the market is full of firms promising the moon, and not all of them treat you fairly. This guide breaks down what to look for and lists the providers that consistently rank high on price, customer service, and transparency.

What to Look for in an Equity Release Provider

Before you sign anything, ask yourself these questions:

  • Are they FCA‑registered? Only firms approved by the Financial Conduct Authority can sell equity release in the UK. Check the FCA register to be sure.
  • What fees do they charge? Look for upfront costs, valuation fees, and any early‑repayment penalties. The best providers keep fees low and explain them up front.
  • How clear is the contract? A good provider uses plain language, avoids hidden clauses, and offers a free copy of the contract to read before you decide.
  • Do they offer independent advice? You should get a talk with a qualified adviser who is not tied to the firm. This protects you from pushy sales tactics.
  • What’s the customer experience? Look for reviews on Trustpilot, Which?, and the MoneySavingExpert forums. Consistently high scores usually mean better service.

Keep these points in a notebook. When you compare firms, you’ll see who ticks the boxes and who falls short.

Top Equity Release Providers in 2025

Based on fee structures, customer feedback, and overall transparency, these five providers often come out on top:

  • Legal & General – Low set‑up fees, clear contracts, and a strong reputation for customer support.
  • Aviva – Competitive interest rates and a dedicated adviser for each client.
  • Paragon – Known for flexible payment options and easy‑to‑understand statements.
  • JustOne – Offers a simple online process and a straightforward fee schedule.
  • Nationwide – Good for borrowers who already use Nationwide for mortgages; they bundle services for a discount.

Each of these firms has an FCA licence and provides a free, no‑obligation quote. Getting a quote from three or four of them won’t hurt – it gives you a solid picture of the money you’ll actually receive.

Remember, the cheapest deal isn’t always the best. A provider that charges a bit more but offers clear explanations and solid support can save you headaches later. Take the time to read the fine print, ask questions, and compare the total cost over the life of the plan.

Finally, don’t rush. The decision to release equity is a big step, and you have the right to walk away if something feels off. Use the checklist above, compare the top providers, and you’ll walk away with a deal that fits your needs and gives you peace of mind.

Best Place to Get Equity Release in the UK (2025): Brokers vs Lenders vs Banks

Best Place to Get Equity Release in the UK (2025): Brokers vs Lenders vs Banks
Evelyn Waterstone Sep 11 2025

Not sure where to get equity release in 2025? See when to use a broker vs direct lender, how to compare deals, fees, and safeguards, plus practical next steps.

Read More >>