Why choose our Optional Payment Lifetime Mortgage?

Do you want a tax-free cash sum and to be able to pay some, or all, of the monthly interest? If you’re coming to the end of your interest-only mortgage and need money to pay it off, releasing a cash sum from your home could help.

A lifetime mortgage is a type of equity release, which is a loan secured against your home. Our Optional Payment Lifetime Mortgage gives you a tax-free cash sum, with the option to pay monthly interest by direct debit and reduce the overall cost of your loan.

  • Get a tax-free cash sum from your home
  • Make monthly interest payments
  • Stop making payments at any time