About Equity Sharing
It’s important to remember that Co-Own for Over 55s is equity sharing not equity release.
Co-Own for Over 55s is not an equity release product as we are helping you buy a new home for you to live in for as long as it suits you. You are not releasing equity from your existing home. A benefit of Co-Own for Over 55s is that you can retain up to £26,000 from the sale of your current home or savings. Anything above this must be put towards the purchase of your new home.