The Lifetime Mortgage is a special kind of loan for homeowners aged fifty five and over. Although it's secured on your property, there are no monthly payments to make and it is designed to help you remain in your home for as long as you wish.

Interest will be added to your loan and the full amount is paid back when your home is eventually sold following your death (or the death of the second borrower if it is a joint application) or if you move into long-term care or sheltered accommodation.

	This is a lifetime! To understand the features and risks, ask for a personalised illustration. There will be a fee of up to 1.5% for mortgage advice. The precise amount will depend upon your circumstances, but we estimate that it will be 0.3% of the loan value.

Unlock some of the equity in your home with a Lifetime Mortgage.

The Lifetime Mortgage is a special kind of loan for homeowner’s aged fifty-five and over. Before mortgages were regulated this was referred to as an Equity Release mortgage. Although it’s secured on your property, it can be designed so that there are no monthly payments to be made and it is designed to help you remain in your home for as long as is possible.

A Lifetime Mortgage allows you to benefit from the financial investment you have accumulated over the years in your house. Interest will be added to your loan and the full amount is paid back when your home is eventually sold following your death (or the death of the surviving borrower if it is a joint application) or if you move into long-term care or sheltered accommodation.

Various product options to suit different needs are available. You should seek professional advice before applying for a Lifetime Mortgage. Contact us on 02072 68 68 00 and speak to our Independent Mortgage Advisor without any obligation whatsoever. No one will call on you unless properly invited.

CALL US TODAY ON 02072 68 68 00

Introduction to Lifetime Mortgages:

Now you can really make the most of your retirement with cash to spend exactly as you wish.

A Lifetime mortgage can give you the chance to unlock the money tied up in your home. Lifetime mortgages can be designed for there to be absolutely no monthly repayments and you can continue to own and live in your property for as long as you wish.

How a lifetime mortgage works:

If you (and your partner) are aged 55 or over, and you own your own home you could be eligible for a lifetime mortgage and borrow a cash lump sum. The amount you can borrow will depend upon your age and the value of your property.

Age limits and minimum property values will be assessed by the lender. It can be designed to suit your needs and to provide you with the financial security that you have aimed to have at this stage in life.

A lifetime mortgage is a commitment for the rest of your life and should not be used to get cash just for the short term. If you choose to repay the loan early you may have to pay a large early repayment charge but all this will be explained to you when you contact us.

If you are entitled to welfare or tax benefits these may be affected
but again do simply ask for more information as this may help you reach the decision you wish to be able to make. JUST CALL WITHOUT ANY OBLIGATION 02072 68 68 00

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