Does Halifax Offer Equity Release?
Halifax (part of Lloyds Banking Group) does not directly offer equity release or lifetime mortgages.
Important: Equity release is a long-term commitment and will reduce the value of your estate. It may affect entitlement to means-tested benefits. Independent financial and legal advice is required. All plans recommended are from Equity Release Council approved lenders. Your home may be repossessed if you do not maintain required payments on a secured loan.
About Does Halifax Offer Equity Release
If you are a Halifax customer looking for equity release, you need a specialist. We provide independent access to all Equity Release Council approved lenders - Aviva, Legal & General, Just, Canada Life, More2Life, and others - with whole-of-market advice.
The options we compare
Halifax Does Not Offer Equity Release
Halifax is a mortgage and savings bank - they do not offer lifetime mortgages or home reversion plans. Halifax customers seeking equity release need a specialist broker to access the equity release market.
Halifax Retirement Mortgages
Halifax does offer standard mortgages with terms extending to age 80 at end of term - useful for some older borrowers. But for equity release (no monthly payments, capital from property sale), a specialist lender is required.
Aviva - The Most Established Alternative
Aviva is the UK's most experienced equity release lender. 25+ years, £11.9bn released, award-winning customer service. A natural alternative for Halifax customers seeking trusted financial brands.
Legal & General - Award Winner 2026
Legal & General won Best Provider at the 2026 Equity Release Awards. Both lifetime mortgage and RIO products available.
Just, Canada Life, More2Life
Three further leading ERC-approved lenders - all assessed for your specific circumstances.
Independent Comparison
We compare the full ERC-approved equity release market on your behalf - finding the plan that best suits your age, property, health, and what you need the money for.
How We Help
From Halifax to specialist market
Halifax customers are a core audience for equity release specialists - we provide what Halifax cannot.
Whole-market comparison
All major ERC-approved lenders compared for your circumstances.
KFI and legal advice
Standardised illustration. Independent solicitor required.
Completion
Typically 4-8 weeks.
Speak to our later life lending specialists
Call 0204 6211776 · Whole-of-market advice across all later life products · FCA No. 814533
Frequently asked questions
Does Halifax do equity release?
No. Halifax (Lloyds Banking Group) does not offer equity release or lifetime mortgages. Halifax customers need a specialist broker to access the equity release market. We provide this access across all ERC-approved lenders.
Can Halifax extend my interest-only mortgage instead of equity release?
Halifax may offer a term extension on an existing interest-only mortgage in some cases - but this is at the lender's discretion and is typically short-term. A Retirement Interest Only (RIO) mortgage from a specialist lender or equity release from an ERC-approved lender provides a permanent long-term solution.
I have a Halifax mortgage - can I still get equity release?
Yes - if you have an existing Halifax mortgage, equity release can be used to repay it, with any remaining equity release proceeds available to you. The equity release lender pays off Halifax, and the lifetime mortgage replaces it.
What interest rate would I get on equity release vs a Halifax mortgage?
Halifax standard mortgage rates are typically lower than equity release rates. Equity release (lifetime mortgage) rates are typically 5.2%-6.5% AER. However, equity release requires no monthly repayments - the comparison is not purely about rate but about monthly affordability and long-term estate impact. We model both for you.
Can Halifax refer me to an equity release specialist?
Halifax may refer you to a third-party equity release specialist as part of their adviser referral process. We are an independent specialist - we provide the same service but with whole-of-market access rather than a limited referral panel.