Life events like illness, separation, new relationships, or changing goals can all impact your mortgage needs, your family and potential beneficiaries. 

Typically, with a Home Reversion Plan, the homeowner is selling their interest in the property, and so the loan-to-value can be 75% or even more. However, with a Lifetime Mortgage, given that the borrower is rolling up the interest, the amount of cash available at outset is limited, with a typical maximum often being just over 50%. 

The term “Equity Release” is really an umbrella term as it includes both Lifetime Mortgages, which make up the overwhelming majority of business, and Home Reversion Plans, which although representing a very small part of Equity Release business, still provide a crucial lifeline for some. 

Be inspired by Sylvia's story. This is how thoughtful financial planning can create a lasting impact on your life and those around you.

Equity Release and Lifetime Mortgages are often used interchangeably in everyday language and the media. However, it’s important to...

With more than three decades of experience in the financial services industry, Paul Smith brings a wealth of knowledge and dedication to...

For many approaching retirement, the choice between downsizing or obtaining a Lifetime Mortgage is not just financial.

As clients start making retirement choices, deciding between downsizing or opting for a Lifetime Mortgage is a major consideration with...

While Lifetime Mortgages are often written based on age and the value of the property, it is also, in some cases, possible to increase...

According to the latest Nationwide House Index report, there has been the "fastest annual house price growth in two years" with the average