The minimum amount you can drawdown is at least £2,000 up to the remaining amount of your Drawdown Facility.
Amount required
Purpose of drawdown
In order to help us understand the purpose of the drawdown, please confirm what you’ll be using the drawdown for. It is important that you include the reason and amount for each purpose and where you have multiple purposes the amount entered across all purposes must match the total amount requested.
Please add as much information as possible to ensure your application is processed as promptly as possible.
Full list of purposes
-- Select an option --
Gift
Home improvements
Business purposes
Debt consolidation
Buying a vehicle
Repay a second mortgage
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Property purchase
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
POA - list of purposes
-- Select an option --
Home improvements
Debt consolidation
Buying a vehicle
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
Here's a typical example of the information we need:
Daughter - Pay for a weddingGranddaughter - Deposit on a new property
Please confirm who the gift is for?
What will the money be used for?
How much will you be gifting?
Please can you confirm you're happy to gift the money.
I'm happy to gift to the person stated.
Here's a typical example of the information we need:
Kitchen - £20,000Conservatory - £35,000Carpets - £5,000
Please provide details of each home improvement below.
Details of the home improvement
How much will the home improvement cost?
Second home improvement (if applicable)
How much will the home improvement cost?
Third home improvement (if applicable)
How much will the home improvement cost?
If you have more than three different home improvements. Please select 'Yes' to the 'Do you have any other purposes you wish to use the drawdown for?' question and add in the additional ones.
Does the work being carried out require planning permission or building regulations?
Planning permission
Building regulations
Planning permission and building regulations
Neither
Please note: As you require planning permission , you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this to your digital acceptance form.
Additionally, as you've also selected building regulations , please send a copy of the building regulations documentation once the work has been completed.
Please note: As you've selected planning permission, you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this through the digital process once we've processed the request.
Please note: As you've selected building regulations, please send a copy of the building regulations documentation once the work has been completed.
Business owner
Business name
Amount you will need for the business purposes
Which of the following types of unsecured debts you're looking to consolidate?
Personal loans
Overdrafts
Credit cards
Payday loans
Hire purchase
Store cards
Other
Please provide further details
How much will you use to consolidate your debt?
Which vehicle are you looking to buy?
Car
Van
Truck
Motorcycle
Caravan
Campervan
Boat
Who's it for?
How much will it cost?
How much will you require to pay off your second mortgage?
Please provide further details
How much will you need to cover the celebration?
What will the funds specifically be used for?
Care home
Live-in carer(s)
Care at home
How long will the funds last?
How much will you require to cover the care costs?
What specifically will you be using the funds for?
Retirement
Estate
Funeral planning
How much will you need to support your retirement?
Please note - The property where your lifetime mortgage is held must be your main residence. For more information please check your Terms and Conditions.
What type of property purchase will it be?
Investment property
Second home
Holiday home
How much will you require to fund the property purchase?
How much will you require for the holiday?
How long will the funds last?
How much will you require for emergency funds or savings?
How long will it last?
How much will you use to supplement your income or cover living expenses?
Who will require the medical/health support?
How much will you require to cover medical/health costs?
Details of how else you will be using the funds
How much will you require for this other purpose?
Do you have any other purposes you wish to use the drawdown for?
Yes
No
Full list of purposes
-- Select an option --
Gift
Home improvements
Business purposes
Debt consolidation
Buying a vehicle
Repay second mortgage
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Property purchase
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
POA - list of purposes
-- Select an option --
Home improvements
Debt consolidation
Buying a vehicle
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
Here’s a typical example of the information we need:
Daughter - Pay for a weddingGranddaughter - Deposit on a new property
Please confirm who the gift is for?
What will the money be used for?
How much will you be gifting?
Please can you confirm you're happy to gift the money.
I'm happy to gift to the person stated.
Here's a typical example of the information we need:
Kitchen - £20,000Conservatory - £35,000Carpets - £5,000
Please provide details of each home improvement below.
Home improvement
How much will the home improvement cost?
Second home improvement (if applicable)
How much will the home improvement cost?
Third home improvement (if applicable)
How much will the home improvement cost?
Does the work being carried out require planning permission or building regulations?
Planning permission
Building regulations
Planning permission and building regulations
Neither
Please note: As you require planning permission , you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this to your digital acceptance form.
Additionally, as you've also selected building regulations , please send a copy of the building regulations documentation once the work has been completed.
Please note: As you've selected planning permission, you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this through the digital process once we've processed the request.
Please note: As you've selected building regulations, please send a copy of the building regulations documentation once the work has been completed.
Business owner
Business name
Amount you will need for the business purposes
Can you confirm which of the following types of unsecured debts you're looking to consolidate
Personal loans
Overdrafts
Credit cards
Payday loans
Hire purchase
Store cards
Other
Please provide further details
How much will you use to consolidate your debt?
Which vehicle are you looking to buy?
Car
Van
Truck
Motorcycle
Caravan
Campervan
Boat
Who's it for?
How much will it cost?
How much will you require to pay off your second mortgage?
Please provide further details
How much will you need to cover the celebration?
What will the funds specifically be used for?
Care home
Live-in carer(s)
Care at home
How long will the funds last?
How much will you require to cover the care costs?
What specifically will you be using the funds for?
Retirement
Estate
Funeral planning
How much will you need to support your retirement?
Please note - The property where your lifetime mortgage is held must be your main residence. For more information please check your Terms and Conditions.
What type of property purchase will it be?
Investment property
Second home
Holiday home
How much will you require to fund the property purchase?
How much will you require for the holiday?
How long will the funds last?
How much will you require for emergency funds or savings?
How long will it last?
How much will you use to supplement your income or cover living expenses?
Who will require the medical/health support?
How much will you require to cover medical/health costs?
Details of how else you will be using the funds
How much will you require for this other purpose?
Do you have any other purposes you wish to use the drawdown for?
Yes
No
Full list of purposes
-- Select an option --
Gift
Home improvements
Business purposes
Debt consolidation
Buying a vehicle
Repay a second mortgage
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Property purchase
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
POA - list of purposes
-- Select an option --
Home improvements
Debt consolidation
Buying a vehicle
Celebration (wedding/anniversary/birthday)
Care costs
Retirement planning
Travel holiday
Emergency funds/savings
Supplemental income/living expenses
Medical/health
Other
Here’s a typical example of the information we need:
Daughter - Pay for a weddingGranddaughter - Deposit on a new property
Please confirm who the gift is for?
What will the money be used for?
How much will you be gifting?
Please can you confirm you're happy to gift the money.
I'm happy to gift to the person stated.
Here's a typical example of the information we need:
Kitchen - £20,000Conservatory - £35,000Carpets - £5,000
Please provide details of each home improvement below.
Details of the home improvement
How much will the home improvement cost?
Second home improvement (if applicable)
How much will the home improvement cost?
Third home improvement (if applicable)
How much will the home improvement cost?
Does the work being carried out require planning permission or building regulations?
Planning permission
Building regulations
Planning permission and building regulations
Neither
Please note: As you require planning permission , you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this to your digital acceptance form.
Additionally, as you've also selected building regulations , please send a copy of the building regulations documentation once the work has been completed.
Please note: As you've selected planning permission, you will need to send us a copy of the planning permission prior to funds being released. You will be able to attach this through the digital process once we've processed the request.
Please note: As you've selected building regulations, please send a copy of the building regulations documentation once the work has been completed.
Business owner
Business name
Amount you will need for the business purposes
Which of the following types of unsecured debts you're looking to consolidate?
Personal loans
Overdrafts
Credit cards
Payday loans
Hire purchase
Store cards
Other
Please provide further details
How much will you use to consolidate your debt?
Which vehicle are you looking to buy?
Car
Van
Truck
Motorcycle
Caravan
Campervan
Boat
Who's it for?
How much will it cost?
How much will you require to pay off your second mortgage?
Please provide further details
How much will you need to cover the celebration?
What will the funds specifically be used for?
Care home
Live-in carer(s)
Care at home
How long will the funds last?
How much will you require to cover the care costs?
What specifically will you be using the funds for?
Retirement
Estate
Funeral planning
How much will you need to support your retirement?
Please note - The property where your lifetime mortgage is held must be your main residence. For more information please check your Terms and Conditions.
What type of property purchase will it be?
Investment property
Second home
Holiday home
How much will you require to fund the property purchase?
How much will you require for the holiday?
How long will the funds last?
How much will you require for emergency funds or savings?
How long will it last?
How much will you use to supplement your income or cover living expenses?
Who will require the medical/health support?
How much will you require to cover medical/health costs?
Details of how else you will be using the funds
How much will you require for this other purpose?
Please confirm you're happy to continue with this application and have explored all financial options
Yes - i've explored all my financial options.
Bank details
Note: the bank account must be in the name of the lifetime mortgage account holders.
Name of bank or building society
Account number
Sort code
Account holder name(s) (Inc. Title)