Put simply, a lifetime mortgage is a long term loan which is secured against your home. Lifetime mortgages are ideal when you require one lump sum and with no regular repayments to make, all you need to think about is how you are going to spend your extra cash. Lifetime mortgages are tax free and you continue to own your home which ensures you will benefit from any future increases in value of the property.

To find out how you might benefit from releasing equity with a lifetime mortgage contact the equity release team at Age Partnership for advice on the best plan to suit your requirements. Alternatively read more about lifetime mortgages or click here to submit your initial enquiry