Is a Lifetime Mortgage appropriate for you?
If you are over 55, there are many ways to release the equity tied up in your home. Whether this is taken as a lump sum, smaller amounts, or a combination of both, lifetime mortgages can be an option for those requiring cash for unexpected expenses or facing a pension shortfall.
Our expert lifetime mortgage specialists can help you make the most suitable decision to meet your objectives.
Some of our tips on lifetime mortgages
The sooner you borrow, the more expensive it is, as the interest has longer to compound. Initially borrow as little as possible and wait as long as possible before you do the process again.
This is a trade body we are part of. As members we must promise a ‘no negative equity’ guarantee, so your estate will never owe more than your home is worth.
Our lifetime mortgage specialists can help you make the right decision to meet your objectives.
Having cash rather than a property can affect the benefits you’re entitled to.
A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a
personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to
means tested benefits.
If you would like to know more book a free initial no obligation meeting with one of our experts today.