The Truth About Equity Release

These days, more and more homeowners are looking into equity release to help fund their retirement plans whether for home improvements, a new car or holidays.

Equity release might seem a good idea if you’ve got older kids too. They might be struggling to get a deposit together for their first home so they turn to the bank of Mum and Dad.

With Equity Release you get to stay in your home, and you don’t make repayments on the money you’ve released until you die, or go into care... but, the interest you’re charged on that released money keeps going up while you’ve got it and it soon adds up.

Say you release £100,000 of equity from your home, after 5 years, with an interest rate of 6.5%, you’ll owe over £137,000! After 20 years for that £100,000 you’ll owe over £350,000!!

That means you could be leaving next to nothing as an inheritance for the kids and grandkids.

This is where RoyaleLife's Home Part Exchange* service can help.

We’ll give you 100% market value for your current property, less the price of your new luxury bungalow, leaving you the difference in cash. Plus, there are no estate agent fees, no solicitors to pay and no stamp duty either.

So you’re left with a brand new bungalow, 100% owned by you, cash in the bank and debt free.

*Terms & Conditions: RoyaleLife Home Part Exchange Scheme offers 100% market value based on two independent agent valuations. Offers subject to survey and clear legal title. All properties are considered on an individual basis for suitability.

Speech marks
  • Jane Kiely & Cliff Lambert

    "Dolbeare Court provides us with ample opportunity to enjoy the beautiful countryside. There is a public footpath nearby, and quiet, unspoilt lanes waiting to be discovered. The development itself is very green and is home to a number of wildlife. We also have the most stunning sunsets which are a joy to witness."

    Jane Kiely & Cliff Lambert

    Dolbeare Court

  • Debbie & Gary Johnson

    "“We were the first residents here,” said Debbie, “but as more and more residents started to move in, we started to build some great friendships.” “It feels like we’re one big family,” added Gary. “It’s wonderful.”"

    Debbie & Gary Johnson

    Royale Heights

  • Sue & Bob Auty

    "We love living at Wickham Court – it was the best thing we have ever done. Not only do we live in the perfect location, but the community aspect here is also fantastic. We have made so many new friends, and, outside of lockdown, we often use the pool, gym, and bar facilities. We couldn’t imagine living anywhere else!"

    Sue & Bob Auty

    Wickham Court

  • "The Home Part Exchange Scheme was a fantastic option for me, and despite the pandemic my move only took three weeks from start to finish. RoyaleLife were incredible with taking the pressure off and providing support every step of the way."

    Mandy Lewis

    Reculver Court

  • "We have lived at Wickham Court for over 6 months now. It is a very different way of living for us and have found it to be a very friendly place to live."

    Barry & Celia

    Wickham Court

  • "As we are often away for periods of three months at a time it is very reassuring and comforting living on this beautiful gated community park, happy in the knowledge that our lovely neighbours are keeping an eye on our home and garden whilst we are away. At Wickham Court there is a truly wonderful community spirit."


    Wickham Court

  • "We wish we would have done it years ago! Living at Wickham Court is like living on a health retreat, so quiet, all the neighbours are lovely as everyone is of the same mind-set. We have been here two years, it's amazing and only going to get better, it's like living in a bubble!"


    Wickham Court

  • "We are finding it a very enjoyable place to live, it is so private and it's an absolute delight to look out and be surrounded by such beautiful and well-maintained gardens. Big thank you for all your time and effort you put into helping us with our move and settling in."

    David Pankhurst & Spencer Lee-Frost