The more mature homeowner is very lucky when it comes to equity release mortgages. In fact, almost every single kind of
equity release mortgage caters exclusively to the mature homeowner who could use to unlock some of the value of their home. The two most popular kinds of equity release mortgages are lifetime mortgages and home reversion plans. Which should you choose? If you are over 65, a lifetime mortgage may be your best deal as these restricted equity release mortgages have higher pay rates than home reversion plans. However, asking your banker is the only way to know for sure