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Using equity release to borrow against your home

Our Lifetime Mortgages let you release equity in your home to do more of the things you enjoy

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What is a Lifetime Mortgage?

A way to release equity from your home.

A lifetime mortgage is a way to borrow money, as a loan secured against your home. It’s a type of equity release. The loan, plus interest, doesn’t have to be paid until the last borrower dies or moves out of the home into long-term care. Lifetime mortgages can be complicated, so to ensure you understand all the features and benefits, we won’t let you buy a lifetime mortgage until you've taken financial advice.

Discover which product might suit you

With a lifetime mortgage, a loan secured against your home, you could release money without having to move. This is a type of equity release and will reduce an inheritance.

We have a range of lifetime mortgage products. Answer a few simple questions to see which one could offer the solution you’re looking for.

Our Lifetime Mortgages

Release equity when you need it

Flexible Lifetime Mortgage

Get a tax-free cash sum from your home
No monthly interest payments to make
Option to apply for more money in the future
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Release equity and pay off the interest

Optional Payment Lifetime Mortgage

Get a tax-free cash sum from your home
Choose to pay monthly interest payments, which will reduce the overall loan cost
Stop making payments at any time
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Use equity to get a monthly income for a set period

Income Lifetime Mortgage

Get an initial tax-free cash sum from your home
Receive a monthly income for up to 25 years
Benefit from the certainty of fixed interest rates
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How can I take out a lifetime mortgage?

You can call The Retirement Lending Advisers (TRLA), financial advisers who only advise on our Lifetime Mortgages. They’re a separate company, not part of Legal & General. They can help with any questions and whether a lifetime mortgage is right for you.
Call TRLA, free on:

0808 301 70440808 301 7044

Lines are open Monday to Friday, 9.00am to 5.30pm
TRLA may record and monitor calls.

Common questions...

Next steps

Deciding to take out an equity release product is a big decision. That’s why we would always suggest you talk it through…

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Need help?

Making decisions about how to finance your retirement is important so it's worth shopping around and using available guidance and advice, before you buy:

Retirement guidance

Equity Release Council

Legal & General Home Finance Ltd is a member of the Equity Release Council, a trade body setting standards for providers. Take a look at their consumer brochure for more details.

Contact us about equity release

To discuss our Lifetime Mortgages, a loan secured against your home, and if they're right for you. 

Call us on:

0808 115 8129

Monday to Friday 9.00am to 5.30pm
We may record and monitor calls

Get independent advice

You can't take out an equity release product unless you have taken financial advice. Find out how to access independent legal and financial advice.