Lifetime Mortgage
If you’re 55 or over and a homeowner, you could unlock some of the money tied up in your home — without having to move.
It’s called a Lifetime mortgage , and it’s helping thousands of people like you access extra funds to enjoy life a little more — whether that’s making home improvements, helping family, taking that dream holiday, or just having a bit more freedom in retirement.
Get in touch on 01564 791 120
Find out how much you can borrow!
Frequently asked questions
Generally, you must:
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Be 55 or older (60+ for home reversion)
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Own a property in the UK
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Own the property outright or have a small mortgage remaining
This depends on:
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Your age
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Your home’s value
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The type of plan
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Your health (some plans offer more if you have health issues or a shorter life expectancy)
Not with most lifetime mortgages—interest usually rolls up and is repaid later. However, some plans allow voluntary or partial interest repayments to reduce the final debt.
Yes, if your equity release plan is portable. However, the new property must meet the provider’s criteria.
When you pass away (or move into care), your home is usually sold to repay the loan and interest. Any remaining value goes to your estate.
Yes, but there may be early repayment charges, depending on the provider and the terms of the plan.
If you have questions about it and want to have a chat, please don’t hesitate to get in touch using the details below
Get in touch
Meet The Right Advice
Our team of experienced, FCA-regulated advisers is here to make your financial decisions simple and stress-free. Whether you’re looking for the right mortgage, protecting what matters most with insurance we’re here to guide you every step of the way.
Get in touch today and let our experts help you find the solution that’s right for you.