Will my client still own their home?
What are the current interest rates for your Optional Payment Lifetime Mortgages
Will a lifetime mortgage affect any inheritance?
Who may an Optional Payment Lifetime Mortgage be suitable for?
Does my client need to pass an affordability assessment to be eligible?
What is the benefit of making monthly interest payments?
Can my client choose how much they want to pay?
Does my client need to choose how long they would like to make monthly interest payments for?
What if my client wants to change the amount of their monthly interest payment, or their payment term after the lifetime mortgage has completed?
What happens if my client doesn't pay the full interest amount, or stops making monthly interest payments altogether?
If my client stops making monthly interest payments, can they restart them later?
Can anyone else make monthly interest payments on my client's behalf, for example family, friends, or from my business?
On what date each month will my client's monthly interest payments be collected?
If my client takes additional borrowing, can they make monthly interest payments on the additional borrowing?
How and when do my client's make monthly interest payments on the additional borrowing, and how long for?
If my client takes additional borrowing, can they stop making monthly interest payments on the additional borrowing, or on any other loan?
When do my client's have to stop making monthly interest payments?
If my client misses a monthly interest payment can they pay it later?
Will the interest rate change if my client stops making monthly interest payments?
Can my client make Optional Partial Repayments in addition to their monthly interest payments?
What other product features does an Optional Payment Lifetime Mortgage have?
Can the lifetime mortgage be repaid early?
Why do we apply an Early Repayment Charge?
How do we calculate an Early Repayment Charge?
How is interest calculated?
In the future could you make my client leave their home?
What is Inheritance Protection?
What is the No Negative Equity Guarantee?
What is Downsizing Protection?