Key equity release review
- All advisers hold specialist qualifications
- Ability to repay the loan after 5 years
- Flexibility to make voluntary repayments
Once you have read the Key equity release review, you can compare equity release reviews from other providers and use the equity release calculator to see how much cash you could release from your home.
Try our equity release calculator
Who are Key Equity Release?
Key equity release specialise in offering lifetime mortgages to UK homeowners aged 55 or over. With a wide range of products to choose from, a Key equity release mortgage lets you access the money tied up in your home with no monthly repayments.
Instead, the loan plus interest is repaid once you have died or moved into long-term care.
Formally known as Key Retirement Solutions, Key Later Life Finance is part of the of the Key Group specialising in a range of later life products that include, mortgages, wills, lasting powers of attorney, estate planning and of course, equity release.
The Key Group
The Key Group are ‘later life experts’, providing retirement solutions to homeowners across the UK. Through their four brands, Key Partnerships, More2life, Air Group and Key, the group handle everything from advice and product development, through to lending and adviser support services.
Is Key later life finance a good equity release company?
Key is authorised by the Financial Conduct Authority and a member of the Equity Release Council – a sign of all good equity release companies. Leading independent review website Trustpilot also class Key equity release as excellent, with 16,864 customer reviews giving them a trust rating of 4.7 out of 5.

Key lifetime mortgages
Key later life finance has a range of lifetime mortgages that allow customers to access up to 56% of their property value. In addition to meeting the Equity Release Council’s standards, Key lifetime mortgages can be personalised to include:
- Downsizing protection – allowing you to repay the loan without penalty if, after 5 years you need to move home and your new property doesn’t comply with the lender’s criteria.
- Partial capital repayments – allowing you to make voluntary, adhoc repayments against the capital to reduce the size of the loan
- Inheritance protection - allowing you to ring fence a percentage of your property value to leave as a guaranteed inheritance for family
In addition, some of their lifetime mortgages include inheritance protection which guarantees an inheritance for your family.
What is the interest rate for Key equity release?
Key equity release interest rates can be as low as 2.96% (as at 4th April 2022). Most Key retirement customers however have achieved a fixed annual interest rate of 3.55% or lower.
Key equity release calculator
The Key equity release calculator is free to use and lets you see how much money you could potentially release based on your age and property value.
For example, if you are a 65 year old with a property value of £250,000, the Key equity release calculator shows you could release up to £78,750.
Remember though, calculators just give you an indication of how much equity you could release. For a more accurate figure, speak to a specialist adviser or IFA.
Try our equity release calculator
Is Key equity release safe?
Key equity release is safe as its authorised and regulated by the Financial Conduct Authority. Customers are therefore protected by the FCA’s strict rules, standards and compensation scheme. Key is also a member of the Equity Release Council, so homeowners benefit from the additional safety of the no negative equity guarantee.
Key later life finance tv advert with Kevin Wheately
Key tv adverts can be seen regularly throughout the day, featuring the voice of acting favourite Kevin Wheately. The adverts explain the benefits of equity release and how these retirement experts can help people plan for later life.
Are you eligible for Key retirement equity release?
To be eligible for Key retirement equity release you, or the youngest homeowner should be at least 55 years of age with a minimum property value of £70,000.
What should I do now?
Now you have read our Key equity release review, it may be worth seeing how their lifetime mortgages compare to other leading providers.
Remember, when comparing plans, some advisers only work with specific companies. This is one of the reasons we have teamed up with leading specialist Age Partnership, as they compare schemes and have access to preferential rates with leading UK companies like Aviva, Pure Retirement, Just Retirement, Canada Life and Crown.
Continue your research here and compare calculate equity release plans.
Alternatively you can read more equity release reviews here.
Try our free calculator