Elderly people in UK face common problem struggling with limited pension funds. If cash is tied up in your property instead of your pocket at old age can certainly be frustrating. There are several reasons why people choose equity release UK as best option for old age. They certainly can make improvements around homes. Certain equity release firms do pay good amount of lump sum for homes in UK. They can also use this fund to buy a new car or live life happily. Extra money could always help improve standard of living. equity release mortgage can always be easy way if you want to borrow money against the current value of your home. The debts are always paid after your death.