Helping your clients choose the right Lifetime Mortgage

All of our Lifetime Mortgages come with standard features that can help your clients, including accessing tax-free cash, no affordability checks, and interest rates fixed for the length of the loan.

What does your client need?

When selecting a product you may want to explore the needs of your client. Mutliple products may be suitable for the needs listed below. You may want to consider other options for your clients depending on their financial situation.

Product comparison

Decide what product is right for your client based on product details

  Flexible Optional Payment Income
A tax-free lump sum Included

A minimum loan of £10,000


A minimum loan of £10,000


A minimum initial loan of £2,500

No affordability checks Included Included Included
Take additional amounts through drawdown Included Included Not included
Make overpayments or Optional Partial Repayments (OPR's)1 Included Included

Can only be made once your client stopped making the monthly interest payments 


Can only be made once your client has stopped taking the monthly income 

Provide a regular monthly income for a fixed term Not included Not included Included
Stop taking a monthly income at any time with no fee      
Fixed interest rates
Pay some or all of the monthly interest by Direct Debit Not included Included Not included
Stop making monthly interest payments at any time Not included Included Not included
Compound interest Included Included

By paying some or all of the monthly interest, your client can reduce the overall cost of the lifetime mortgage


Compound interest is reduced as funds are released in monthly amounts, rather than as a single upfront sum

Stay in and continue to own their home Included Included Included
Transfer mortgage when they move home2 Included Included Included
No Negative Equity Guarantee Included Included Included
May affect means-tested benefits Included Included Included
Inheritance Protection Option (This optional extra allows your client to protect part of the value of their home for inheritance) Included Included Included

1Subject to terms and conditions.

2Subject to the new property meeting our criteria.