Home equity loans/refinancing

Property owners who have equity within their properties can release this money through extending their current mortgage or taking out a new mortgage.  The money can then be used to fund property level flood resilience measures.

Equity release can be in the form of an additional income, a cash lump sum, or both. The Money Advice Service gives you information on how the different types of equity release scheme work and what you should expect from firms that sell them.

This is quite a quick process, taking only months between making a decision to mortgage or re-mortgage and having flood resilience measures installed.