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You Are Here: Home > Personal Finance > Equity Release > FAQs > Question
Equity Release

On some properties money can't be released

Unfortunately Equity Release deals cannot be taken out on all types of properties.

The exclusion list includes -

  • Currently no specialist providers lend in Northern Ireland and some do not lend in certain parts of Wales
  • Properties worth less than £40,000 would not be attractive to a finance company
Not all properties are suitable for Equity Release
  • Leasehold properties where less than 75 years of the lease remain, or when the property is part of a trust
  • Freehold flats may also be unsuitable. As might some former council houses and one bedroom properties
  • Properties which are in a bad state of affairs or cannot easily be sold (houses located on major highways for example)
  • Some companies will not lend on properties already owned under 'Tenancy in Common'
Talk to Equity Release providers for confirmation

If you think your property will be excluded it would still be worth calling some companies as you never know.



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