Looking for Equity Release but your Property has Spray Foam Insulation?

Is Spray Foam insulation on your property preventing your equity-release loan from being approved? Read on to find out

Were you missold Spray Foam Insulation?

You could seek compensation if you suffered distress and/or inconvenience because a contractor duped you into thinking spray foam insulation would save you money and better protect your home.

Does your home have Spray Foam installed?

DAccording to the Residential Property Surveyors Association (RPSA), 250,000 properties in the UK have spray foam insulation and these properties are essensially unmortgageable!

So, How Does Equity Release actually work

If you are over the age of 55 and seeking to unlock equity in your property then an equity release loan could be just what you are looking for. This type of financing is very flexible and can be paid out all at once or even in smaller payments over time. There are restrictions on this however, and things which could make it impossible to get your equity release loan approved release, such as the presence of spray foam in your roof.

What happens at the end of equity release?

An equity release loan is paid back at the end of your life. The executor of the estate will sell the property, then pay the funds back into the equity release plan. Remaining funds are usually paid to the beneficiaries in your last will and testament.

What are some of the restrictions on equity release loans?

There are certain restrictions which will prevent a lender from approving your equity-release loan against your property. Some of these include:


Homes located near to commercial sites and businesses with elevated noise levels


Should spray foam insulation be present in your roof, this will deter a lender from proceeding with the loan


Areas which could be prone to flooding


The presence of asbestos. This is usually present in homes built before the 1970's

What is Equity Release?

Equity Release regers to a range of products that lets you access th equity which is tied up in your home when you’re older. This money can usually be released either as a lump sum, in smaller regular payments or a different arrangement which could be a combination of both.


Can you get an equity release loan with spray foam insulation present in your home?

You wont be able to borrow money against your home if it has spray foam insulation installed. The reason that Lenders don’t like spray foam insulation is because it can cause your roof timbers to rot because they cannot breathe. This will severely impact your chances of getting an equity release lifetime mortgage.
The only answer is to have the spray foam removed completely from the property

Removing Spray Foam Insulation from my property

Removing spray foam insulation from a property can be extremely labour-intensive and should be carried out by a professional.

The only solution is to have the spray foam removed from the property. However, this must be carried out by a professional. It’s not a DIY job because the task is labour intensive.
Removing spray foam removed professionally from your property is still cheaper than replacing the entire roof so get in touch with a reputable Spray Foam removal company.

There are only a limited amount of Equity Release Lenders who will lend, even with the Sprayfoam removed. We work with the right ones to ensure you will be able to secure your Equity Release funding.

Request a Consultation

Get in touch with our team today to find out how we can help you remove your spray foam professionally

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