Lifetime mortgages is the term given to the type of mortgage that you can take out when you have reached a certain age (usually 55 years) where you choose if you wish not to make any repayments during your lifetime. The mortgage and the interest that accrues on the mortgage if you are not making any repayments is paid out of the equity of your home normally on your death or on a sale of your home if you move into long term care.

You can use the lifetime mortgage to give yourself a tax free lump sum. It is a specialist area of law and finance and it is essential that the homeowner seeks advice from someone with the relevant experience. If you are thinking about a lifetime mortgage, whether it be to release capital to supplement your income, to help your children or grandchildren, to repay debts, or to fund large expenditure, medical fees or nursing home care, then speak to us first.

We can discuss with you, the safeguards available to you and the other options that are available before you proceed down the lifetime mortgage route. In this way we make sure you enjoy your retirement to the full. Advice is given in your own home if needed with no obligation on you to proceed.