Interest Only Lifetime Mortgages

An interest only lifetime mortgage lets you pay the interest as you go to stop the loan growing — and on most plans you can later stop paying and let the interest roll up. Available to homeowners aged 55 and over.

Release Equity Tax-Free

No Monthly Payments Required

FCA Authorised Providers

Compare the UK Market

Release Equity Tax-Free

No Monthly Payments Required

FCA Authorised Providers

Compare the UK Market

Find the Right Plan For You

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Homeowner age*

Property value*

How It Works

Getting a plan comparison is simple. Here's how the process works.

Complete the Form

Answer a few simple questions about yourself and the level of cover you're looking for. It only takes a couple of minutes.

Receive a Callback

A specialist broker will call you back to discuss your requirements and answer any questions you may have.

Compare Your Options

The broker will present plans from leading providers so you can compare options and choose the cover that's right for your individual circumstances. There's no obligation to proceed.

55+

Homeowners

2 min

Quick Form

£0

Quote Cost

Obligation

Get a free quote and see how you could protect yours

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How Interest Only Lifetime Mortgages Work

A lifetime mortgage where you choose to pay the interest. For homeowners aged 55+.

Stop the Roll-Up

By paying the monthly interest, the amount you owe stays level instead of growing over time.

Flexible by Design

If your circumstances change, you can usually stop paying and let the interest roll up like a standard lifetime mortgage.

Not a Retirement Mortgage

This is a lifetime mortgage with optional interest payments — different from a retirement interest-only (RIO) mortgage, which requires payments for life.

What is equity release?

Understanding how you can unlock your home's value

Equity release is, in a nutshell, a way to unlock the value of your property and turn it into cash which lets you access - or 'release' - the equity (cash) tied up in your home, if you're 55+.

The most popular type of equity release is a lifetime mortgage, which is a loan secured against your home.

You can receive the money you release in a lump sum or in several smaller amounts following an initial lump sum.

Keep control of the interest on your lifetime mortgage

Free quotes, no obligation, regulated brokers.

Speak to an Equity Release Specialist