HOME >> EQUITY RELEASE >> Alternatives to Equity Release

What are the alternatives to Equity Release?

Alternatives to equity release
ERIC can help you improve
your quality of life

Equity release isn’t right for everybody.


That’s why it’s so important to get the right advice before you proceed.

If you decide to call ERIC’s advisors, you’ll get:

  • A comprehensive and confidential review of your financial circumstances, needs and objectives
  • A recommendation. This may (or may not) be that you take out an equity release scheme. ERIC will also recommend which type of Equity Release scheme would be most appropriate for you and help you choose a provider: they are acting on your behalf and in your interests.

To discuss your individual needs with one of our specialist equity release advisers call freephone 0800 077 6885 or use our online equity release calculator to see how much you could raise.


The advice may be that you should consider raising money in other ways. This may include:

  • Mortgaging your home by way of a conventional mortgage
  • Drawing on money in a savings account or en-cashing an investment
  • Selling your home and moving to a smaller, less expensive property
  • Claiming state benefits such as the state pension credit or the attendance allowance.
  • Help with home improvements may be available from your local authority or the Home Improvement Trust.

Each of these options has advantages and disadvantages, what matters most is that you choose the solution that’s best suited to you and your individual circumstances. You should think very carefully about what you want to achieve – our Equity Release advisers are specially trained to help you do this and will help you gather all the essential facts.

You should always ensure that the firm you are dealing with, and the products it is offering you, are regulated by the Financial Services Authority. The Equity Release Information Centre is regulated, as are the products on which it advises. Furthermore it has introduced a further safeguard by dealing only with providers who are members of Safe Home Income Plans (SHIP) or those offering similar safeguards.