Equity Release › How long does an equity release take?

How long does an equity release take?

A straightforward top up with your current lender can be quick, sometimes a couple of weeks. Releasing equity through a full refinance to a new lender usually takes longer, often a few weeks, depending on valuation and lender timing.

Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the author

Why this matters

Timing depends mostly on the route and the valuation. A loan increase with your existing lender is generally faster because there is less to re-verify. A refinance involves a new application and discharging the old loan, which adds time. Having your documents ready is the main thing that keeps it moving.

The key points

A top up with your current lender can be quick.
A refinance to a new lender takes longer.
Valuation and lender timing drive the timeline.
Having documents ready speeds it up.

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Last reviewed: June 2026

General information only. This page provides general information about home loans and is not financial or credit advice, a quote, or a guarantee, and your personal circumstances have not been considered. Lending policies, interest rates, fees and eligibility vary by lender and change over time. Always confirm your own situation with a licensed mortgage broker or lender before acting. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.