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OneFamily’s Lifetime Mortgage range awarded five stars by Moneyfacts

Posted in: Corporate

Moneyfacts has completed its annual assessment of the equity release market and has awarded five stars to OneFamily’s entire range of Lifetime Mortgage products.

The Moneyfacts Equity Release Star Ratings are based on the weighting of specific features, outside of headline rates and fees, which are likely to be the most relevant to those looking to access cash tied up in their home. The top rated products receive five stars.

Using Moneyfacts’ vast knowledge, gained from extensive analysis of these products, the Moneyfacts Equity Release Star Ratings help consumers choose with confidence the equity release product that best suits their needs in terms of flexibility, accessibility and ongoing quality.

Richard Eagling, Editor of Investment Life & Pensions Moneyfacts, said:

“Equity release has become the fastest growing segment of the mortgage market, reporting record lending volumes in 2016. Providers have responded to the greater demand from elderly homeowners looking to unlock cash from their homes by offering a more diverse range of products and options than ever before. The annual Moneyfacts Equity Release Star Ratings provide consumers with a valuable insight into the quality of the equity release features on offer, outside of the products’ costs.”

Georgina Smith, Managing Director of OneFamily, said:

“We are delighted that our innovative range of lifetime mortgages have been awarded this accolade. Our products only launched last year so to be given five stars so soon is testament to the strength of our proposition and strong sales so far reflect the popularity of these products for people wanting to unlock value in their property.”

Below is a list of the OneFamily products that have been awarded a Moneyfacts Equity Release Five Star Rating:

  • Voluntary Payment Lifetime Mortgage
  • Interest Payment Lifetime Mortgage
  • Interest Roll-up Lifetime Mortgage

View our award winning Lifetime Mortgage products here.