🔷Thinking of using the value of your home to boost your retirement or help family?
Equity release could be a smart way to free up funds — without having to sell or move out of your home. Whether you want to support your children with a house deposit, fund home improvements, or simply top up your retirement income, this option may be worth exploring.
📽️ In this video, we break it down:
What is equity release?
Who qualifies in Ireland?
How much can you access?
What documents are needed to apply?
How does Equity Release work? Equity release (commonly through a lifetime mortgage) allows homeowners in Ireland to unlock tax-free cash from the value of their home. The best part? You continue living in your property. The loan is repaid only when the home is sold — usually after you pass away or move into long-term care.
🏡 Popular uses for equity release: ✔️ Help your children with a house deposit ✔️ Clear personal loans or credit card debt ✔️ Finance home upgrades ✔️ Cover medical or care expenses ✔️ Supplement your pension income
Eligibility Criteria in Ireland: 🔹 You must own your home outright 🔹 It must be your primary residence 🔹 The home must be in good condition (valuation required)
📊 How much can you release? It depends on your age. Typically: 🔹 At 65 — access 20–25% of your home’s value 🔹 At 75 — access 35–40%
📄 Documents Required:
Salary certificate (if applicable)
Recent payslips
6 months of bank and loan statements
Planning documents (for works exceeding €100,000)
⚠️ Important Note: Equity release isn’t suitable for everyone. It may affect your state benefits and reduce the value of your estate. Always consult your family and seek independent financial advice.
💬 Curious how much equity you could unlock? We’re here to guide you every step of the way.
👉 Learn more: www.mmadvisors.ie/equity-release-mortgages/ 📅 Book a free consultation: www.mortgage.mmadvisors.ie/enquire-now
Stay connected with us online: 🎙 Podcast (Spotify): www.open.spotify.com/show/7B0BiwPhSFOtZTq3tcprCA 🎧 SoundCloud: www.soundcloud.com/money-maximising-advisors 🐦 Twitter (X): www.x.com/advisors_money 💼 LinkedIn: www.linkedin.com/company/money-maximising-advisors-limited/ 😄 Facebook: www.facebook.com/themoneymaximisers 📌 Pinterest: www.ie.pinterest.com/moneymaximising/ 🖋 Daily Blog: www.mmadvisors.ie/blog/