Key Features

A lifetime mortgage lets you borrow money secured against your home. The house will still belong to you, but interest is charged on what you have borrowed. It is the most popular form of equity release.

Interest is charged at a fixed rate and this is not repaid on a monthly basis – it is added to your mortgage. As the homeowner, you will receive a lump sum of cash choice you can use however you like whilst still owning your property in full. You either pay this back or have it added to your loan total.

Things to Consider

Once the home is sold and the money from this sale is used to pay off the loan. If there isn’t enough, they will repay any extra above the value of the estate. This can be a flaw in the process, but  a no-negative-equity guarantee usually guards against such an outcome.

Search the leading providers on the UK market to find a lifetime mortgage scheme choice works for you. We can put you in contact with an expert IFA so you can make an informed decision from a no obligation opening consultation.


Win £100 M&S Vouchers

Complete your calculation to be in with a chance. Winners will be notified by telephone. Terms and Conditions

The following terms and conditions apply:

Five winners will be drawn every calendar month and will receive a £100 M&S voucher.

Prize draw is open to anyone who completes the online calculator with a valid telephone number. Winners will be notified by telephone.

Entry to the prize draw is free. No purchase necessary.

Only one entry per household is allowed.

Prize is non-transferable. No cash alternative will be offered.

The prize may change at any time.

Winners of the prize draw will be selected at random. Judge's decision is final. No correspondence will be entered into.

The Benefits of Equity Release

  • Claim a tax-free cash lump sum to support you through retirement and make your life all the more enjoyable.

  • Maintain 100% home ownership - you will be able to live in your home for the rest of your life.

  • No monthly repayments - lenders require no monthly payments towards the interest charged.

  • Take a no negative equity scheme and you will never end up owing more than the value of your property.

  • Spend your money on anything you like! Go on holiday, upgrade your home, pay university fees, or provide an early inheritance.