Useful guides
These guides are to help you through the mortgage process.
Lifetime mortgage resources
Your questions answered
What is a lifetime mortgage?
A lifetime mortgage is a type of equity release mortgage where homeowners, aged 55 and over, can borrow against the value of their home whilst continuing to live there and keeping ownership.
Monthly repayments are not required, and instead the interest rolls up (compounded) throughout the life of the mortgage and repayment is not due until the death or entry into long-term care of the borrower, or last borrower if there were two. The loan is typically repaid through the sale of the property.
How much can I borrow?
The amount you can borrow depends on your age and the value of your property.
We offer loans starting from £20,000.
Am I eligible?
If you are aged between 55-85 and your property value is over £125,000 you may be eligible for a lifetime mortgage.
How do I get started?
You must seek independent financial advice before taking out a lifetime mortgage, so making an appointment with a financial adviser is a good place to start.