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Wealth management with a lifetime mortgage
What is wealth management?
If you’ve built up capitial, you’ll want to preserve and grow your wealth while you’re still around and maybe pass it on once you’re gone. Both need careful management. Wealth management combines a range of financial services to support your financial planning.
How can a lifetime mortgage help you manage your wealth?
For many of us, our homes are our biggest financial assets. Much of our wealth is tied up in them. A lifetime mortgage can help you release and manage that wealth. It turns your housing equity into one or more cash payments that you can spend on essentials, home improvements or to pass on to your loved ones.
Lifetime mortgage advice service
Interested in lifetime mortgages but not sure where to start? Speak to one of our specialists for expert advice.
A loan secured against your home, for ages 55+
Considerations
- There’s no need to make monthly payments, unless you choose a Payment Term Lifetime Mortgage, where you have to pay the interest off monthly for an agreed payment term.
- A lifetime mortgage may reduce an inheritance and may affect your entitlement to means-tested state benefits.
- You can stay in your own home and you will never owe more than it's sold for (subject to terms and conditions).
- If you give the money away, the recipient may have to pay inheritance tax if you die within seven years of making the gift.
- The information included here regarding inheritance tax is based on our understanding of current tax rules, which are subject to change.
- You may have cheaper ways to borrow money.
"We started to look at lifetime mortgages as we realised there was real advantage in being able to help our children. We have a lot of money tied up in the house and it was a way of releasing that money for better lives for ourselves, our children and our grandchildren." - John and June, Oxfordshire

Equity release calculator
This calculator helps you see how much equity you could release with a lifetime mortgage, a loan secured against your home. We’ll ask you to register your details so we can show you the calculation. You may also receive a call from us to assist you with your enquiry.
Before you start

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What if I can’t repay my interest-only mortgage?
What happens if you can’t pay off your interest-only mortgage? Can you extend it? We can help you understand your options.

Gifting money to family and inheritance tax
Knowing how inheritance tax works is important before taking out the loan. We give an overview on how equity release might affect inheritance.
Learn more

Is equity release a good idea for you?
Although the market now offers greater flexibility, more choice and increasingly competitive rates, myths around equity release remain.
Here we set the record straight and explain how equity release can help boost your finances.

The Bank of Mum and Dad (BoMaD)
The Bank of Mum and Dad is a way in which children are financially supported by their parents, or helped to get on the property ladder.

Downsize or equity release?
Here are some of the things to think about if you’re considering downsizing, or taking out a lifetime mortgage, a form of equity release.