How To Source The Best Equity Release Rates (Expert Guide)
Author: Paul Murphy Later Life Finance
Best equity release rates UK at a glance (2026)
The right provider depends on your priorities. Find your match below, then click View rates ↓ on any card to jump straight to their rate in the table.
Indicative equity release interest rates by provider
Rates are fixed for life on lifetime mortgages. The figures below are indicative market ranges — your personal rate will depend on age, property value, health, and chosen features.
| Provider | Get a Quote | Indicative Rate (MER) | Drawdown | Voluntary Repayments | Notable Award |
|---|---|---|---|---|---|
| Legal & General | Get Quote | 6.50% – 7.50% | ✓ | ✓ up to 10% | 🏆 Best Products 2025 ERC |
| Aviva | Get Quote | 6.50% – 6.90% | ✓ | ✓ up to 10% | 🏆 Best Lender 2025 WM |
| More2Life | Get Quote | 6.60% – 6.80% | ✓ | ✓ up to 10% | 🏆 Times Money Mentor |
| Canada Life | Get Quote | 6.90% – 6.95% | ✓ | ✓ up to 10% | — |
| Pure Retirement | Get Quote | 6.80% – 6.85% | ✓ | ✓ up to 10% | 🏆 Best Service 2025 ERC |
| Just | Get Quote | 6.90% – 7.00% | ✓ | ✓ up to 10% | — |
| Royal London | Get Quote | 6.50% – 6.90% | ✓ | ✓ up to 10% | — |
| Livemore | Get Quote | 6.80% – 6.95% | ✓ | ✓ up to 10% | — |
| LV= (Liverpool Victoria) | Get Quote | 6.48% – 6.80% | ✓ | ✓ up to 10% | — |
Important: Rates shown are indicative market ranges for 2026 and are subject to change daily. Your personal rate will depend on your age, property value, health, chosen features, and current market conditions. All rates shown are Monthly Equivalent Rate (MER) and are fixed for the life of the plan. Independent advice from a whole-of-market adviser like Later Life Finance is the only way to confirm the rate available to you. Rates correct to the best of our knowledge — always request a personalised illustration before proceeding.
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Registered providers
Summary
Access to a qualified equity release adviser who are Equity Release Council registered will ensure you receive independent, expert advice.
Later Life Finance are members of the equity release council. To book an appointment with an expert without any obligation click here
Dealing with an adviser with access to the whole equity release market will enable you to access the best equity release companies and schemes available, which will help match your requirements with the most appropriate solution available and the best lifetime mortgage, provider and deal for your needs on an impartial basis as a specialist broker.