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Adviser Centre

Lump Sum Lifetime Mortgage

At a Glance


With a lump sum product combined with an interest rate fixed for life, your clients are able to enjoy the retirement they want.


Our Lump Sum Lifetime Mortgages are designed for homeowners who wish to raise cash against the security of their home as a lump sum.

No repayments are made for the lifetime of the loan, as the interest is added to the mortgage balance each month.  The loan is only repaid when the property is sold, within 12 months after the death or entry into long term care of the last surviving borrower.

At no extra cost, your clients can also select to leave an inheritance to their beneficiaries if they wish, by protecting a percentage of the eventual net sale proceeds of their home.




  • Are homeowners aged 60 and over.
  • Own a home in England, Wales or Scotland valued at £100,000 or over (£150,000 or over for ex-council properties) for Lump Sum or Lump Sum Plus.
  • Want to take a set lump sum and are not looking for the option of further borrowing in the future.
  • Want a long term loan of £20,000 or more for Lump Sum or Lump Sum Plus with a fixed interest rate (the amount available is based on the age of the client, whether the application is in single or joint names and the value of their property). 
  • Understand and accept the risks involved with a lifetime mortgage.
  • Have thought about other options to borrow money before considering a lifetime mortgage.


Equity release 4 star award


Our KFI portal is available 24/7 and the online application process gives an instant decision in principle as well as secure data transmission to our underwriting team. Use this link if you've not yet registered for our online services, however if you’re already set up the same login details can be used for the KFI portal and secure online application. You can view a demo of the new online application system.

For any help please call us on 03330 048444. Call charges will vary. We may record and monitor calls.

If you don't have the relevant qualifications, The Retirement Lending Advisers, a separate company who are lifetime mortgage specialists, can help. Please call them on 0808 252 4550. Call charges will vary. Calls may be monitored and recorded.

Customer Testimonials

See how our Lifetime Mortgages have made a difference for some of our customers and their families.