Age Partnership equity release advice could be a helpful solution if you're looking to unlock the value of your property and boost your finances in later life.

In the final quarter of 2025, equity release lending surged to £622 million, marking a 16% increase from the same period in 2023.¹

Could this popular product be an option for you?

At BankingTimes, we work closely with industry experts to bring you the most up-to-date insights on Age Partnership and how their services could benefit you.

Could Age Partnership be the perfect advisory match for you? Let’s dive in and find out...

STATEMENT: BankingTimes is a third-party information provider and not related to Age Partnership, and the information provided in this article represents the views of BankingTimes only and not the opinions of Age Partnership. This piece does not constitute advice, or an incitement to engage with any services or products provided by Age Partnership.

Age Partnership's Role in the Equity Release Market

Age Partnership's role in the equity release market is that of expert advisory service.

The company provides impartial advice and guidance on various equity release plans.

By partnering with leading lenders and offering tailored recommendations, Age Partnership helps individuals access equity release plans that suit their needs.

Let's learn more about Age Partnership:

A Brief History of the Company

The firm was founded in 2004 by Andrew Thirkill, who saw a gap in the market for specialist advice on equity release.² 

Since then, it has become one of the largest and most trusted equity release advisers in the UK.

Age Partnership arranges a staggering 25% of all equity release plans in the UK, and the firm's expertise allows it to access some of the most exclusive plans on the market.³

Age Partnership's Equity Release Advice Service

Age Partnership provides expert advice on equity release, tailored to each customer’s needs and circumstances. 

Recognised as a prominent player within the UK's equity release domain, Age Partnership's forte lies in delivering impartial guidance on both types of equity release products as well as other retirement products. 

The company works with some of the UK’s leading equity release providers and can compare deals and interest rates from across the whole market to find the best plan for you.⁴

Its advisers are fully qualified and regulated by the Financial Conduct Authority (FCA)⁵ and will explain the features and risks of equity release in clear and simple terms.

Read On: Unlocking the Best Equity Release Interest Rates in 2025

Equity Release Products Recommended by Age Partnership

Equity release products recommended by Age Partnership include lump sum lifetime mortgages, drawdown lifetime mortgages, and home reversion plans.

The firm also assists homeowners with existing equity release plans who want to switch to a new plan to save money or benefit from improved features.⁶

Eligibility Criteria

The eligibility criteria for Age Partnership's recommended equity release products will vary based on your chosen plan and the specific lender's prerequisites.

Typically, you will have to satisfy these basic criteria:

• You need to be at least 55 years old, though age requirements can vary.
• You must own and reside in the home you wish to borrow against.
• The property has to be located in the UK (and most lenders exclude certain regions, like the Isle of Man).
• The property needs to be worth at least £70,000, though some providers demand higher valuations.
• The property needs to be in good condition without major structural issues, and usually made from standard construction materials.
• Any existing mortgage or secured loan usually needs to be repaid either before or upon taking out equity release, though the equity release funds may be used for this purpose.

Application Process

Regardless of the provider, the equity release application process usually follows similar general steps.

The process typically unfolds as follows:

1. Contact Age Partnership to discuss whether equity release may suit your needs or whether you should consider an alternative instead.
2. If equity release is a viable option for you, speak to your Age Partnership advisor about potential equity release plans tailored to your situation.
3. Get a free illustration detailing potential release amounts, interest, and costs.
4. Decide if you want to proceed. If you do, your Age Partnership advisor will help you fill in an application and collect the necessary documentation from you.
5. An independent surveyor values your property, with the fee typically paid upfront or added to the loan.
6. Your solicitor handles the legal side, ensuring you understand all terms. This incurs a fee.
7. Upon approval of your application, the provider sends funds to your solicitor, who clears any mortgages and forwards the balance to you.
8. An advice fee of £1,895 becomes payable to Age Partnership.⁷

Read more: Equity Release Alternatives.

Inheritance Impact of Age Partnership's Recommended Equity Release Plans

Equity release can impact the inheritance you can leave by reducing the value of your estate. 

As equity is released from your home and interest accumulates over time (with a lifetime mortgage), the amount left to bequeath to beneficiaries will be diminished. 

Certain plans on the market may offer inheritance protection features that will enable you to set aside a portion of your estate as a guaranteed inheritance for your beneficiaries. 

It is essential for you to discuss and understand these implications and your options with your advisor before proceeding.

Learn More: The Potential Impact of Equity Release on Inheritance

Age Partnership's Fees and Charges

Age Partnership's fees and charges include a £1,895 advisory fee that becomes due when your case completes.

This fee covers the cost of arranging your plan with the chosen lender and providing ongoing support throughout the process.

Initial advice is provided free of charge and without any obligation.⁸ 

Other fees and charges may apply when taking out an equity release plan:

• Valuation fees
• Legal fees
• Application fees
• Early repayment charges if you want to repay all or part of your loan before the end of the term

Your advisor will discuss and provide a detailed breakdown of the associated costs as part of their recommendation, ensuring you are fully informed before making a decision.

Age Partnership's Fees Compared With Those of Other Equity Release Providers

The firm's advice fee of £1,895 is competitive compared to the fees of other equity release advisors. 

Some advisors may charge a lower or higher fee, depending on their level of service and expertise. 

According to Age Partnership, advisory firms that charge lower fees often do so because they provide plans from one lender only and not from the whole of the market.⁹

Some advisors may also charge a percentage of the loan amount instead of a fixed fee, which could work out to be more or less expensive depending on how much money you release.¹⁰

Remember

The other fees and charges that apply when taking out an equity release plan are determined by the equity release provider, the deal you choose, and your solicitor's pricing. 

Pros and Cons of Equity Release Through Age Partnership

Considering the pros and cons of equity release through Age Partnership can help you decide if their service may suit your requirements.

Benefits include:

• Unbiased advice from award-winning equity release advisors about your options.¹¹
• The ability to choose and compare products from top UK providers to find the best fit.
• Access to years of experience, as the company has helped over 2 million people explore their equity release options since 2004.¹²
• Free initial advice to help you determine if equity release is right for you, and you will only be required to pay a fee if your case completes.
• A free, no-obligation quote from an advisor.
• The security of Equity Release Council safeguards, including the No Negative Equity guarantee and rights concerning home residency and relocation.¹³
• Age Partnership is authorised and regulated in the UK by the Financial Conduct Authority (FCA).¹⁴

Potential drawbacks include:

• Being obliged to pay an advice fee of £1,895 when your case completes.
• The cost of additional fees like valuation, legal, application, and early repayment charges.
• A decrease in the value of your estate, affecting potential inheritance.
• A significant increase to your overall debt over time owing to the effects of compound interest.
• A detrimental effect on your eligibility for means-tested benefits.
• Equity release may not be suitable for everyone, which is why your advisor will ask you to consider other options before proceeding.
• Once you have taken out an equity release plan, no other borrowing can be taken out using your home as security.
• You may be liable for significant Early Repayment Charges if you decide to pay back your lifetime mortgage early.

Read On: General Pros and Cons of Equity Release

Age Partnership’s Industry Awards

Age Partnership has won numerous industry awards.

These include:

• Equity Release Broker of the Year at the 2025 Mortgage Awards¹⁵
• Later-Life Adviser of the Year (Hayley Larham) at the 2023 Women’s Recognition Awards¹⁶
• Investor in Customers Gold (2023)¹⁷
• Standard Investors in People award¹⁸
• Best Financial Adviser – 20+ advisers at the 2022 Equity Release Awards¹⁹
• Best broker for equity release at the 2019 Mortgage Strategy Awards²⁰

Age Partnership Client Reviews

Age Partnership client reviews are positive, on the whole.

Online reviews:

• Age Partnership client reviews on TrustPilot: 4,6 out of 5 based on over 9,000 reviews.
• Age Partnership client reviews on Google: 4,2 out of 5 based on more than 300 reviews.
• Age Partnership client reviews on Review Centre: 4,3 out of 5 based on 75 reviews.

*While these aggregates were accurate at the time of publication, they may have changed since our last update.

Age Partnership FCA Registration Details

Age Partnership is authorised and regulated by the Financial Conduct Authority (FCA), the UK’s financial watchdog that oversees the conduct of financial services firms and markets. 

Its FCA registration number is 425432.²¹

The FCA aims to protect consumers, promote competition, and enhance market integrity.

Frequently Asked Questions

Final Thoughts on Age Partnership's Equity Release Advice

Equity release can be a way for you to access money from your home without having to move or make monthly repayments. 

However, it is important to understand that equity release is not suitable for everyone, and it comes with certain costs and risks that you'll need to consider.

Age Partnership can help you navigate the world of equity release by providing expert advice on a wide range of product choices from top providers. 

With access to the best plans, the firm is well-equipped to find the most suitable equity release plan for your specific needs and negotiate the best terms on your behalf. 

With Age Partnership equity release advice, you can confidently plan a financially secure future.