Later Life

Retired Couple Leverages Later Life Mortgage on £2.25m Home to Secure New Build Property

CASE STUDY A retired couple, referred to us by a private bank, sought to purchase a new build home in South East London. Their plan was to leverage their £2.25m property through a Later Life mortgage and arrange a drawdown reserve to...

Education Hub

Aged 50+ and Looking to Secure a Mortgage? Explore the Key Considerations

Aged 50 and over and struggling to get your desired mortgage loan? Age is just a number, or so the saying goes, but it does matter if you’re applying for a mortgage. If you’re aged 50 and over and want...

Want to do more in retirement? Explore equity release, a solution on the rise

Redistributing wealth to younger generations and paying for care Many older homeowners are looking to unlock the equity in their properties to address a range of financial needs as they age. Research shows that more than...

How a Later Life Mortgage Funded Clients’ Retirement Goals

CASE STUDY Many people dream of a comfortable retirement filled with travel and pursuing passions, often requiring a significant financial buffer. However, lingering debt and limited retirement income can make this dream seem out of reach. This case study explores how a couple creatively leveraged a...

Retiring? Should You Move, Unlock Some Equity, Downsize or Rent?

As the sun sets on our working lives, the prospect of retirement living brings with it many decisions awaiting our attention. Choosing our home for the golden years is one such significant important decision. Some may prefer to remain in their family homes,...

How to Use a Lifetime Mortgage to Unlock Equity and Complete the Purchase of a New Home in Later Life

For many over-50s, homeownership is part of their DNA. Whether it’s upgrading to a dream forever home, relocating to be closer to family, or simply downsizing to a more manageable property, achieving that next step on the property ladder can often feel challenging or out...

Equity Release: An Opportunity to Tap into Value Locked Away in Your Property

For homeowners, equity release presents an opportunity to tap into the monetary value locked away in their property. With an equity release plan, a cash lump sum can become available for various purposes, from mortgage clearance to home renovations. However, while the prospect may sound...

Happy couple over the age of 55 walking in gardens with blossom trees

How to Overcome Income Shortfalls with a Later Life Mortgage

Equity release products such as Later Life mortgages enable homeowners to utilise the cash tied up in their homes without having to sell first A new year often brings a determination to do things differently or make good on goals not fully achieved in the previous...

Later Life Mortgages: Lower Costs of Borrowing but a Market Still in Flux

Costs are falling, but the future direction of the market hangs on the rate of inflation We are increasingly seeing the emergence of two distinct camps of Later Life borrowers as the market settles. Each has different needs and challenges, and they...

over 55s woman looking at her computer consider a Later Life mortgage

Later Life Borrowers Adjust to Higher Rates

New trends, high debt levels and low pension savings signal changes in demand Later Life products are expected to see a surge in demand after a new report concluded that high levels of debt and a lack of pension savings make it increasingly likely that...