Later life finance
Through a range of specially tailored mortgages exclusively available for those over the age of 55, our Later Life Finance Team are here to help you:
- Access the equity built up in your property
- Review and access your property wealth as part of inheritance, pension or tax planning
- Secure a short term solution to help you downsize or buy a retirement home
- Make important lifestyle changes and choices for your later life and retirement
Find out more about how we can help.
Lifetime Mortgages
A lifetime mortgage is the most popular form of later life finance. It is a loan secured against your property that allows you to free up some of the equity you have in your home while you still live there. The equity you free up can be used for a range of reasons, from helping family members onto the property ladder, making home improvements or repaying an existing mortgage, to increasing your monthly income or even buying a new property. Find out more.
Retirement Mortgages and Retirement Interest-only Mortgages
Just like standard mortgages, retirement mortgages are secured against your main residence, however they are exclusively available for homeowners over the age of 55. These mortgages do require your income to be assessed, but your income can be made up of employed or self-employed income, pensions and investment income. There are a range of options and terms available so do get in touch if you'd like to find out more.