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LLB Later Life Borrowing

Funding home improvements with equity release

Adapting a home, a new kitchen, a downstairs bathroom, or making a property easier to live in later in life, is one of the most common reasons people release equity. This tool compares the project cost with the release needed and shows what funding it this way costs over time.

Equity release needed

£33,000

Project today

£33,000

cost of the work plus contingency

Eventual cost

£125,800

balance to fund the work over time