Home Equity Release is a financial option that allows homeowners, typically those aged 55 and over, to access the value tied up in their property without having to sell it. This can be done through various methods, such as a Lifetime Mortgage or a Home Reversion Plan, enabling individuals to receive cash while still living in their homes. The amount released depends on the property's value and the homeowner's age. This money can be used for various purposes, such as funding retirement, making home improvements, or covering unexpected expenses, providing financial flexibility for those in need.