Bower equity release review

In this review, you'll discover the key advantages and disadvantages of Bower equity release products

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Age Partnership

Age Partnership

  • FREE equity release online calculator
  • Rated Excellent By Over 5,900 People
  • Compare the whole of the market

What is Bower?

Bower provides an equity release advice service and brokerage. It has won several awards for customer service in recent years. However, it doesn’t have its own equity release products.

What equity release products are on offer?

Bower provides an independent “whole of market” financial adviser service. That means your advisor will compare the entire market to find the best equity release product for your specific needs.

How does it work?

When you get in contact with Bower, you’ll be prompted to arrange a free initial consultation, either face-to-face or over the phone.

During this consultation, an adviser will answer all of your questions and explain the process of releasing equity from your home. They’ll do all they can to outline the pros and cons of equity release for you.

If you wish, your adviser can then begin to search the market to find the best equity release deal for your needs.

If you go on to take out a deal, you’ll pay an advice fee (typically £295) and an arrangement fee (typically £1,495)

If you decide not to go ahead, you’ll pay nothing at all.

Is Bower equity release safe?

Bower is an independent broker, working with third-party companies. It is regulated by the FCA and has no incentive to pressure you into an unsuitable deal.

With equity release products, there is a risk of interest compound growing very quickly, especially when you’re not paying any monthly interest on the loan.

Your Bower adviser will make these risks clear to you.

There is no risk of you owing more than the total value of your home.

Eligibility criteria

Equity release providers have their own unique eligibility criteria. Provided you’re eligible for any equity release product, you’ll be able to work with Bower.

At the very least, you’ll need to be at least 55 years old, and own a home in the UK with no mortgage or a very small one.

How to apply

To get the ball rolling, you can call Bower on 0800 411 8668, send an email to or fill out the contact form at

Pros and cons


  • An award-winning independent, whole-of-market advice service.
  • A free initial consultation with no obligation to take out a plan.


  • A sizeable arrangement fee to pay if you take out a deal.

Bower customer reviews

Bower has received positive reviews from customers, according to review platform Feefo. It currently has a rating of 5 out of 5, based on 97 reviews over the last year, and has received more than 1,200 reviews overall (updated 12 April 2021). Customers praised the “excellent” and “professional” service.

Our verdict

Under FCA regulations, you have to use a financial advisor when arranging equity release, and Bower would appear to be a great company to use for this.

Frequently asked questions

We work with Age Partnership, one of the UK’s leading equity release specialists, which scours more than 500 deals to find the best equity release products. We compare only lifetime mortgages, and do not compare any home reversion plans. To understand the features and risks of lifetime mortgages, ask for a personalised illustration from a lifetime mortgage company. Check that this type of mortgage is suitable for your needs if you plan to move or sell your home or you want your family to inherit it. If you're not certain, seek independent advice. Your home may be repossessed if you do not keep up repayments on your mortgage.

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