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. 

If your mortgage rate is due to expire, this is for you.  

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