Fluent Money

A lifetime mortgage is a form of equity release that allows homeowners to access a portion of their accumulated home equity. It’s a lifelong mortgage with no fixed term, meaning it stays in place until the homeowner passes away or moves into permanent care. Interest charges accrue over time, and repayment is deferred until the end of the mortgage, usually upon death or moving into long-term care. You also have the option to make monthly payments if you choose. When the home is sold, the loan is repaid from the sale proceeds. It’s advisable to discuss a lifetime mortgage with family members before proceeding.

If you’re considering a lifetime mortgage, one of our qualified Equity Release Advisers will review your personal situation, answer your questions, and provide all the information needed to help you decide if this option is suitable for you.

Get in touch for a free, no-obligation consultation with a specialist adviser—simply complete the form to take the first step.