Did you know?

1 With a lifetime mortgage, you’re in control of repayments

Regular repayments during the term of the loan are optional, so for most plans there are no formal affordability checks required.

2 You will never pay back more than your home is worth

Every plan offered through our service comes with a no-negative-equity guarantee, meaning your estate will never have to pay back more than your home is worth when it’s sold.

3 You can still guarantee inheritance for your loved ones

With most plans you can choose to protect a share of your home’s value, guaranteeing inheritance for your loved ones.

4 Lifetime mortgage interest rates are fixed for life

With a lifetime mortgage, you know that the interest rate you will pay is fixed for life, regardless of how long you live or what happens with the economy, meaning you could continue to benefit from the historically low rates.

5 You can switch your plan in the future

After 12 months, if more attractive plans or rates become available, you may have the ability to switch to a new plan and save money if a qualified adviser recommends that it is in your best interests.

6 You can move home and take a lifetime mortgage with you

As lifetime mortgages are portable, you can move house and take the loan with you subject to your new home meeting the lender’s criteria.