Equity Release Oxford

With over 18 years of experience, Bower Home Finance has been helping customers across the UK navigate their equity release options and find the right solutions for their unique circumstances. 

Our expert advisers offer whole-of-market advice delivered right to your doorstep, so you can explore equity release from the comfort of your own home. With advisers across the UK, including Oxford and its surrounding areas, we’ll take the time to understand your needs and provide no-obligation, whole-of-market advice, helping you move forward with clarity and confidence. 

What is equity release?

Equity release is a financial option that allows homeowners aged 55 and over to unlock some of the value tied up in their property without the need to move. This can be achieved through various equity release products, such as lifetime mortgages or home reversion plans. 

Equity release is tax-free and can be taken as a lump sum or through a drawdown facility, giving you flexibility over how and when you use it. With a range of options offering flexibility when needed, there are no required monthly repayments. This makes it a useful way to clear existing debts, cover large purchases, or supplement retirement income. 

Whether you’re looking to make home improvements, pay off existing mortgages or debts, or fund your retirement, equity release offers a flexible way to access the value tied up in your property. 

It is essential to seek professional advice from an equity release specialist to determine the best option for your individual circumstances and to ensure you make an informed decision that aligns with your financial goals. 

Is equity release right for me? 

Equity release can allow you to access a tax-free cash tied up in your home without having to move from your home. This financial freedom and flexibility can allow you to enjoy your retirement, fund in home long-term care, or even help family members with a house deposit or other financial support. 

With the current market offering a range of equity release products, each coming with interest rates in line with the market, it may be the right time to begin considering equity release.  

Equity release can help you achieve your financial goals with flexibility by unlocking the value in your home in the form of tax-free cash.  

Our whole of market advisers can help you consider the pros and cons of equity release and if it is suitable for your personal circumstances.  

Types of Equity Release in Oxford 

There are two main types of equity release available in Oxford: lifetime mortgages and home reversion plans. Each offers its own benefits and features, so it is important to seek independent advice from a qualified equity release adviser before making any decisions. 

The minimum property value for equity release is £70,000, along with eligibility criteria that must be met before proceeding. 

Find out if you are eligible for equity release.

Lifetime Mortgages in Oxford 

When considering equity release, it is crucial to seek expert guidance to make informed decisions. Lifetime mortgages are the most popular type of equity release product.  A lifetime mortgage involves a loan secured against your home, which is repaid when you pass away or move into long-term care. At that point, your home is typically sold to settle the mortgage. 

There is a wide range of lifetime mortgages available across the market, so it is important to discuss your options in detail with your local Oxford equity release adviser. Choosing reputable advisers, preferably those who are members of the Equity Release Council, ensures that the products they recommend meet industry standards and safeguards. 

Oxford Home Reversion Plans 

Home reversion plans allow you to sell part or all of your home to an equity release provider at a discounted price in return for tax-free cash. This is typically available as a lump sum or via a drawdown facility. The provider will then reclaim the percentage sold at market value when the property is sold after you pass away or move into long-term care. 

Equity Release Safeguards 

The equity release market is led by the Equity Release Council, a consumer centric trade body focused creating high standards throughout the industry, which ensures its members follow strict standards and guidelines.  

When choosing an equity release provider, it is recommended you choose a member of the Equity Release Council, as they will uphold the council’s standards. This ensures the plans you are recommended will come with a set of guarantees including a ‘no negative equity guarantee.’ 

Learn more about the safeguards of equity release. 

The property market in Oxfordshire 

Oxfordshire offers a mix of charming cottages, elegant period homes, spacious countryside properties, and modern new builds to suit a variety of lifestyles. The average house price in Oxfordshire in 2024 was £480,670, showing a slight decline of 1% in sales compared to 2023.   

At Bower, we believe a local adviser equals local knowledge, meaning our advisers can help advise you on the best equity release plans for your circumstances with the background knowledge of the local property market in Oxford. House prices in areas like Oxford can change, and understanding these changes is crucial for making informed decisions about equity release options. 

With whole of market equity release advice delivered in the comfort of your own home, your local adviser can fit your appointments in around your schedule, so you can proceed when it is convenient for you. 

Equity release Banbury 

Originally spanning from a thriving market town within Saxon settlements, Banbury’s deep history is shown throughout its listed buildings and local castle. If you’re looking at equity release in Banbury, our local advisers are on hand to help you understand your options. With local knowledge, our specialist advisers offer tailored advice through home appointments, so you can learn more about equity release in Banbury from the comfort of your own home. 

Equity release Abingdon 

Considered one of the oldest towns in England, Abingdon has a rich history and the buildings to accompany it. Our local equity release advisers in Abingdon are on hand to answer your questions, whilst helping you explore the options available to you. Learn more about equity release in Abingdon by speaking to our team today.  

Equity Release Oxford 

Well-connected and rich with history, Oxford’s housing market reflects its desirable properties and location. If you’re looking to release equity from your home in Oxford, your local equity release specialist, Vanessa Carver, is on hand to help. Offering knowledge and support, our specialists are here to help you get started with your equity release journey and understand the options available to you. Learn more about equity release in Oxford by speaking to our team today.   

Equity Release in Oxfordshire 

At Bower, we believe local advisers offer invaluable local knowledge. Our advisers can recommend the best equity release plans for your circumstances while drawing on their understanding of the local property market in Oxford. House prices in areas like Oxford can fluctuate, so understanding these changes is essential for making informed decisions about equity release options. 

With whole-of-market equity release advice delivered in the comfort of your own home, your local adviser can schedule appointments to suit you so you can proceed at your convenience. 

Common Uses of Equity Release 

Whether you are looking to clear existing loans or mortgages, make much-needed home adaptations, or help family members onto the property ladder with the gift of a house deposit, equity release can offer a flexible option for later-life lending.  

Additionally, it can be used to fund dream holidays for couples looking to reconnect and prioritise their own experiences and well-being after years of focusing on their children’s needs. 

Read more about the common uses of equity release.  

Speak to Your Local Oxford Equity Release Adviser 

Your local Oxford equity release adviser, Vanessa Carver, is on hand to help you through the equity release process and find the best option for your circumstances. It is crucial to find a solution tailored to your individual needs when considering equity release options. 

From exploring the equity release schemes available to discussing current interest rates, Vanessa offers independent advice to suit your personal circumstances. 

Our qualified equity release advisers, who are members of the Equity Release Council, ensure compliance with the council’s standards and safeguards while providing personalised advice to help you make an informed decision. 

Request a callback to have a chat with your local Oxfordshire adviser and start your journey today. 

Learn More About Your Local Adviser, Vanessa Carver 

Having spent my entire working career in financial services, I can honestly say that the last seven years, specialising in equity release, have been by far the most enjoyable. It gives me great satisfaction to help my clients achieve their objectives by making the best use of all their assets. 

When not working, I spend my time walking (mostly with our adopted rescue dog), reading, and eating out, often with our grown-up children when we visit them in London. 

Find Out How Much You Could Release with Our Free Online Equity Release Calculator 

Try our free online equity release calculator below to find out how much equity you could release from your home: