Equity Release Calculator FAQs

Is the equity release calculator accurate?

The equity release calculator provides an estimate of how much equity is in your property based on the details you input.

While it offers a helpful starting point, the actual amount you could release may depend on additional factors like your age, lender criteria, and specific product options.

How does an equity release calculator work?

The equity release calculator evaluates the estimated value of your property and deducts any remaining mortgage balance to determine the equity available.

This can give you an idea of what you might be eligible to release, but it’s not a guaranteed amount.

Does the equity release calculator show how much I can borrow?

No, the calculator only determines how much equity is in your property.

The amount you can release will depend on additional factors such as your age, health, and the terms set by equity release providers.

We always recommend getting in touch with our team to get a figure as to how much equity you can release. Book a free mortgage appointment with our team to get started.

Do I need to enter personal details into the equity release calculator?

Our equity release calculator only requires you to enter your property’s estimated value and any remaining mortgage balance.

This keeps the process simple and secure, without needing personal information like your name or contact details.

Can the equity release calculator tell me if I’m eligible for equity release?

While the equity release calculator can give you an idea of the equity in your property, eligibility depends on criteria such as your age, property type, and lender-specific requirements.

Speaking to a qualified advisor can clarify your eligibility.

Why should I use an equity release calculator?

An equity release calculator is a quick and convenient tool to estimate the equity in your property.

It helps you start planning and provides a foundation for discussions with a financial advisor or lender about your options.

Does the equity release calculator consider future property value changes?

No, the equity release calculator is based on your current property value.

It doesn’t predict market fluctuations or future changes in your property’s worth, so it’s important to seek tailored mortgage advice for a more detailed analysis.

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Anonymous

Charlie helped guide me through the process and answered all my questions. Would highly recommend London money man to everyone!

7 months ago

Anonymous

Ryan at London Moneyman made moving home with my mortgage easier. Thank you, 5 stars service.

7 months ago

Laura

I was nervous buying my first home but londonmoneyman were fab! Thank you for helping me 🙏

7 months ago

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A+ service. communication was brilliant, helped me find a mortgage. Will definitely be back!

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7 months ago

Otto

thank you chloe for help with my mortgage iwill be back next time.

7 months ago

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7 months ago

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Very useful and efficient service. Thank you london money man!

7 months ago

Josie

Dinah and the team at London money man were super helpful with a remortgage on our family home. They got us through the process quickly and found me a much better deal than we were on. Thank you again, we'll be back in touch for our next...

7 months ago

Jeb

Great service from Kayleigh & Leo! Made it easy and stress free, thank you both for finding me a suitable product. I would not have got through this without their help.

7 months ago

Derek

Helped me and my partner on our remortgage. Molly was friendly and polite on the phoen and helped us throughout the process. Would reccomend 👍

7 months ago

Marina

Leoand Kayleigh were great during my process. He made everything stressfree for me as a first time buyer. Would definitely recommend to others going through the same process as it helped a lot. Thank you..Marina

7 months ago

James

Thank you Londonmoneyman. From my free mortgage appointment to completion I was kept in the loop. Jason was great and would definitely recommend.

7 months ago

Ruby

Tom and Louise were so helpful throughout the whole process. As First Time Buyers we were almost scared to start looking for a home but the team at Londonmoneyman put us at ease and now we have a lovely new home. Thanks for everything!

7 months ago

John

Amazing service from start to finish. Charlie, Megan and the application team were very helpful throughout, to help with any queries, and kept me up to date with the process at every stage. Couldn't recommend them enough!

2 years ago