All lifetime mortgage products provide the right for applicants to live in their home until they die or go into permanent long-term care. If the application is made in joint names and one of you moves into care, the other will be able to stay in the home until either they die or go into …
Some providers offer an inheritance guarantee to ensure you can leave something from the value of your home. However, this will reduce the amount of money you can borrow.
Yes – you will be able to remain living in your home for as long as you are alive or until you go into long-term care, as long as you abide by the terms and conditions of your plan.
You retain full ownership of your home with a lifetime mortgage as long as you abide by the terms and conditions of the mortgage. All lifetime mortgage products provide the right for applicants to live in their home until they die or go into permanent long-term care.
To be eligible for a lifetime mortgage you need to be a UK homeowner and aged 55 or over. All applications are subject to the lending criteria of the product provider. Our advisers can answer any questions you have, contact us for a free initial consultation.
Yes, but you will need to raise enough money on a lifetime mortgage to pay off the existing mortgage with your current provider.
All equity release products, including lifetime mortgages, are regulated by the FCA (Financial Conduct Authority). They impose strict rules on advisers who recommend these products and the companies that provide them. All lifetime mortgage advisers have to be fully qualified and are required to give you fair and clear advice and recommendations.
An equity release product allows you to access the value (cash) tied up in your home. Rather than leaving the cash tied up in your home, more and more people are choosing to release this money giving them cash to fund retirement dreams, pay off debts or help out family members. You must be over …
