Bridgewater Equity Release has increased the maximum amount of cash available to be released through its range of home reversion plans to £250,000. The previous limit was £100,000.

The increased amount is available for all Bridgewater’s home reversion products including the maximum release plan, flexible release plan and secured escalating release plan.

Peter Welch, head of sales and distribution at Bridgewater Equity Release, said: “We are the first provider to raise our maximum release and the £250