Making the most of your mortgage
Lifetime mortgages can be a helpful way to use the money you’ve built up in your home, while you continue to live there.
It might be for retirement, home improvements, inheritance tax planning, or simply a way to give the next generation a helping hand.
But it’s a complex area that needs careful attention, so it’s not a decision to be taken lightly. It’s important to carefully assess whether a lifetime mortgage is really the best option for you or whether other solutions might be a better fit.
If a lifetime mortgage is the way forward, we’ll plan meticulously to make sure it gives you the outcome you want. We’ve helped thousands of clients across the generations from first-time buyers to those passing on their wealth. We’ll guide you through the features and risks with a personalised illustration.
A lifetime mortgage is a loan which is secured against the property and, it is only available to people over age 55 who own a residential property. A lifetime mortgage may impact the receipt of any means-tested benefits and will reduce the amount you are able to leave as an inheritance. To understand the features and risk please ask for a personalised illustration.