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Lifetime Mortgage Advice

Unlock the equity in your home to enjoy retirement to the full or help out loved ones
- you might be surprised by the amount you could release from your home.

Try our calculator

What is a Lifetime Mortgage?

Your home is your castle. It’s where you’ve shared so many special times.  It’s your sanctuary, your security and where you enjoy spending your time

It’s also what you’ve spent your working life paying for, which probably means it’s your biggest asset.  A lifetime mortgage allows you to continue to own and live in your own home, whilst releasing some of the money tied up in it, as a cash lump sum.  There are no restrictions on how you use the money, you could;

  • Make home improvements
  • Take a trip of a lifetime
  • Help your loved ones out
  • Pay off debts or an interest only mortgage
  • The choice is yours….

Unlike a standard mortgage or loan you don’t have to make regular repayments. It’s designed to be repaid by the sale of your home when you die or go into long-term care, and any remaining value in the home can be passed to loved ones. The amount you can borrow will depend on your age and your home's value, and you need to be over 55 years old to qualify.

With a lifetime mortgage you’ll always retain ownership of your home, and your home will never be repossessed (if you abide by the terms and conditions of the loan).

You must be a homeowner and over 55 years old to qualify. Please remember that a lifetime mortgage may not be right for you. A lifetime mortgage may affect your right to means tested state benefits and will reduce the value of your estate. Our advisers can help discover if a lifetime mortgage is right for you.

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Why choose OneFamily Advice?

  • Free initial Lifetime Mortgage consultation
  • Impartial advice – we offer a whole market advice service from Lifetime Mortgage advisers who are qualified, experienced and impartial.
  • Your own dedicated adviser – they’ll get to know you and your individual circumstances and help guide you through the process
  • A simple, low, fixed fee of £500
  • Accessible ways to contact your adviser, over the phone, with documents by post; or online with a secure portal, available 24/7 and video conferencing
  • You set the pace.  If at any time you want to pause, reflect or just take some time out, you can

One simple advice fee - see how our fees compare

No matter the size of the loan, we charge a simple fixed fee of £500 for our advice.

Other providers often charge a percentage of the loan meaning it’s not always obvious how much you’ll end up paying and as the loan increases – so does their fee – even though the advice process remains the same.

For example, for a loan of £50,000 with another provider, and an advice fee of 2%, you’d end up paying £1,000.  With OneFamily, you only pay £500 – simple, straightforward and easy to budget.

Some of our existing members may be eligible to receive this advice free of charge, where the advice fee is paid for by OneFamily. Find out more.

Your free initial consultation

Interested in finding out more? If you’ve got a few minutes to spare, why not have a free consultation. Ask any questions you like and see how much you could borrow.

Speak to an adviser now

Speak to an adviser now

Our friendly team are on hand to help Monday to Friday, 9am-5pm.

0800 240 4240*

Book a consultation

Book a consultation

Have your consultation at a time and date that works for you.

Book now

*Open Monday to Friday 9am to 5pm. Calls may be recorded and monitored for training purposes. Calls to freephone numbers are free from UK landlines and personal mobile phones. With business mobiles the cost will depend on your phone provider. If you'd like to know more, please ask your provider.