Canada Life Equity Release (Jun 2022)
Canada Life Lifetime Mortgage Review
Are You Considering Canada Life Equity Release? What are the Pros, Cons & Costs? Discover If Canada Life Lifetime Mortgage Schemes are for You.
Before You Start Reading...
Let's See How Much You Can Release 👇
Canada Life Equity Release Review
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
Is Canada Life equity release the best?
As experts in the equity release field (we’ve reviewed more than 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.
What Is Equity Release?
An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care. The homeowner’s family usually pays back the cash released, and the interest incurred, from the sale of the home in question.
Learn More: What’s Equity Release?
How Does Equity Release Work
Equity release is available for individuals or couples over the age of 55, with the youngest homeowner’s age determining the amount of equity that can be released. It is important to note that some equity release schemes may require the homeowner to be 60 or older.
Learn More: How Does Equity Release Work?
What About the Canada Life Equity Release Calculator?
Before you consider using the Canada Life equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Canada Life. So first use this calculator below & see how much you can release.
How Much Can You Release?
Use the FREE Calculator 👇
It's VERY FAST and, takes just 8 seconds
Why get a free quote?
About the providers we compare
Most popular reasons for releasing equity
Who Are Canada Life?
Canada Life Financial Corporation is a Canadian firm that provides group and individual life, health, and disability insurance.1 After rejecting a hostile acquisition proposal by rival Manulife, it was bought by The Great-West Life Assurance Company in 2003.
Individuals, families, and businesses can benefit from Canada Life’s retirement, investment, and protection services. It has 3.4 million customers and 470,000 pension annuities in place, and its investments section manages over £38.3 billion in stocks, fixed income, and property, as well as a broad multi-asset range. Through financial advisers, Canada Life markets goods to individuals and corporations in the United Kingdom.
Canada Life is a subsidiary of the Great-West Lifeco business, which operates in Canada, the United States, Ireland, and Germany. It’s been in business in the UK since 1903 and now employs over 1,200 people.
Canada Life is dedicated to providing a fair and inclusive workplace where everyone feels valued, has a voice, and has an equal chance to achieve and grow.
Aside from its fantastic goods and services, the company is also committed to developing the communities in which they live, work, and do business. Shelter, Help Bristol’s Homeless, and Histio UK were among the organisations and communities the equity release business donated to in 2019.
As a company, its ultimate objective is to be a market leader in retirement, investment, and protection goods.
- Financial Conduct Authority
- Financial Services Authority
Canada Life Info
Got Questions About Canada Life & Lifetime Mortgages? Check These First
If you’re anything like us, you skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best lifetime mortgage so that you can spend the money on something that you really want, rather than on a high tax bill.
You may also like
Interested in releasing money from your home while you're still living there?