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Lifetime Mortgage

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Aviva
Legal And General
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How It Works

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

1

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.

2

Receive a Callback

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

3

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

No

Obligation

Get a free quote and see how you could protect yours

Lifetime Mortgage Explained

Understanding how lifetime mortgages work. For homeowners aged 55+.

How It Works

You borrow money secured against your home. Interest accumulates but no monthly payments are required.

When It's Repaid

The loan plus interest is repaid when you die, move into care, or sell the property.

Stay in Your Home

With a lifetime mortgage, you own your home throughout and can stay as long as you wish. All Equity Release Council plans include a no negative equity guarantee.

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.

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