*Updated February 2026*
On this page:
Who is Age Partnership?
Is Age Partnership a member of the Equity Release Council?
What does Age Partnership do?
Age Partnership are equity release brokers who compare a wide selection of plans to find the most appropriate one for your circumstances.
Established in 2004, Age Partnership offers a tailored range of financial services for people over 50 including mortgages, pension income plans, lasting powers of attorney and Wills.
With a 4.6 trust score on independent review site Trustpilot, Age Partnership has also won many awards for their equity release service over the years, culminating in being accredited as The Times Money Mentor recommended equity release broker 2022 – a genuine mark of customer trust.
According to The Times Money Mentor... ‘To ensure the brokers we recommend are reputable, we asked independent consumer group Fairer Finance to put them through a rigorous process. Whenever you see our “accredited broker” badge you can feel confident that you are getting high‐quality and impartial advice you can trust.’
Yes, Age Partnership is a member of the Equity Release Council, so you will be protected by the Council's rules and principles, including the ‘no negative equity guarantee’. Age Partnership is authorised and regulated by the Financial Conduct Authority, registered number 425432 (FCA).
Age Partnership compare equity release providers and schemes from some of the UK's leading providers, to give you a clear picture of the schemes available to you and the reasons why one plan may be better suited to you than another. They will also explain how releasing equity could affect your family's inheritance and your entitlement to current and future means-tested benefits.
The list of companies they advise on includes Aviva, Pure Retirement, Just Retirement, Canada Life and Crown.
Preferential terms on equity release
Age Partnership has successfully negotiated preferential terms with leading equity release providers. Benefits that may not be available to you elsewhere:
- Preferential low lifetime mortgage rates that could save you thousands of pounds in interest
- Cash bonuses
- Free property valuations
Age Partnership’s initial advice is free and without obligation. If you choose to go ahead, a flat fee of £1,895 will be payable.
Costs & Value for Money
Age Partnership does not set interest rates — these come from the lenders they compare. However, their whole-of-market approach often means customers receive more competitive rates than going directly to a single lender.
Typical lifetime mortgage interest rates (2025)
- Lowest market rates: ~6.2% MER.
- Common market range: 6.5–7.5% MER.
- Exact rates depend on age, property value, health, borrowing amount, and product type.
Worked Example: Why Comparing Interest Rates Matters
To show how much difference interest rates can make over time, here is a simple example using the latest market rates from leading equity release lenders. These are the rates exactly as each provider publishes them, including Aviva, which quotes interest as AER rather than MER.
Latest Market Rates (Dec 2025)
- Pure Retirement – 6.26% MER.
- Canada Life – 6.78% MER.
- Just – 6.90% MER.
- Aviva – 6.35% AER.
If you released £100,000 today and made no voluntary repayments
| Provider |
Rate Type |
Interest Rate |
Balance After 10 Years |
Total Interest |
| Pure Retirement |
MER |
6.26% |
£184,000 |
£84,000 |
| Aviva |
AER |
6.35% |
£185,000 |
£85,000 |
| Canada Life |
MER |
6.78% |
£193,300 |
£93,300 |
| Just |
MER |
6.90% |
£195,400 |
£95,400 |
What this tells us
Even small differences in interest rates can have a significant impact on the long-term cost of equity release:
- The difference between the lowest example (Pure Retirement) and the highest (Just) is £11,400 over ten years.
- Aviva's 6.35% AER produces almost the same 10-year cost as Pure Retirement's 6.26% MER, despite using a different rate format.
- Over 15 or 20 years, the gap widens further due to compounding interest (interest that builds up on the loan).
This is why whole-of-market advice matters. Brokers such as Age Partnership compare providers and rate formats on your behalf, helping ensure you secure the most cost-effective plan for your circumstances.
AER vs MER (Made Simple)
MER (Monthly Equivalent Rate)
The rate applied to your loan each month. Because lifetime mortgages compound monthly, MER shows how your balance grows in real time.
AER (Annual Equivalent Rate)
The annual version of the same interest rate. Because interest is added monthly, AER is always slightly higher.
Which matters more?
For comparing equity release plans, MER is usually the clearer measure, but some lenders, such as Aviva, only publish AER for consistency with their wider product range.
Easy way to remember:
- MER = monthly.
- AER = annualised version of that monthly rate.
Why this matters
This is exactly why whole-of-market brokers like Age Partnership can be valuable — they compare multiple lenders to find the most suitable rate and product structure for your circumstances.
Age Partnership’s equity release advice
You can speak to an Age Partnership specialist either over the phone or face to face. They will talk through your requirements and give you details of the most suitable equity release schemes for you to choose from and give you a free, no-obligation written quotation.
If after careful consideration you decide to go ahead, Age Partnership will talk you through the application form and arrange for a courier to pick it up for no extra charge.
The whole process usually takes six to eight weeks, but Age Partnership will do what they can to enable the money to be released sooner.
Next steps
We’ve chosen to work with Age Partnership because they compare a range of leading equity release providers and offer preferential terms to their customers. Call 0800 368 8466 now to speak to a specialist.
Alternatively, see how equity release providers compare or find out how much equity you could release from your home, using our easy-to-use calculator. It’s free and there’s no obligation to go further.
Always seek professional, financial advice and before you reach a decision, make sure you fully understand the implications of a lifetime mortgage, consider potential alternatives and discuss everything with your family.
Try the calculator