Later Life Finance
Later Life Finance provide an independent lifetime mortgage broker service.
We are passionate about providing expert advice to homeowners over 55.
Who Are Later Life Finance?
Later Life Finance provide an independent lifetime mortgage broker service. We are passionate about providing expert advice to homeowners over 55.
Our Vision
Our vision is simple; to provide expert, clear advice with a first-class
service. We genuinely put your best interests first and foremost.
We develop ability through hard work and effort. This is known as a ‘growth mindset’.
With access to the top equity release companies and schemes, Later Life Finance are focused on developing an improved experience for our valued clients.
Lifetime Care Partnership Assurance
Our Lifetime Care Partnership Assurance pledge means you will never be on your own with Later Life Finance.
Our relationship is not a ‘one off’ transaction, but a journey together. We excel in our expert advice and first class service.
Our clients benefit from a greater level of service and understanding of product features, simply because we have gained an ingrained level of expertise in our area of advice; later life mortgages.
Knowing how lifetime mortgages work inside out, we can provide and arm you with important information such as detailed interest analysis projections in order to manage the mortgage balance with voluntary repayments, if this is important to you.
We review and define Interest calculations & projections, Lenders criteria (Interest rate VS early repayment charges) to ensure the most suitable solution is identified. We have industry expertise and experience to assist with complex technical cases, such as divorces, title splits and lease extensions.
Our History
The company was founded in 2014 by Paul Murphy, Company Director, and Later Life adviser.
Paul began his financial services career with Barclays Direct Mortgages in 2006 and moved into later life Lending in 2009, having specialised in this area of advice ever since.
Paul has advised for 3 national lifetime mortgage brokers and has built a reputation for providing a personal service with an extensive technical knowledge, gained through advising 1000’s of clients on their mortgage requirements over the years.
We have spent a collective 40 years in financial services and this builds up a certain level of expertise which benefits our clients.
This helps make the journey run more smoothly as we understand lenders, solicitors, valuers and their individual processes. We have excellent lender and solicitor relationships which helps us navigate the various application stages.
The company is based in Yorkshire on the outskirts of the beautiful Yorkshire Dales, and serves the whole of the UK.
Many people are reaching retirement age finding themselves asset rich yet cash poor, and with the cost of living at a record high rate, we can successfully help homeowners release much needed funds from their homes to provide a retirement income, to pay off an existing mortgage or to gift to their children as an early inheritance.
We are a family business with ethical values and always have your best interests at heart. Our Lifetime Care Partnership Assurance pledge means you will never be alone in your journey with Later Life Finance.
Later Life Finance was granted direct FCA authorisation in 2022.
"A big part of financial freedom is having your heart & mind free from worry about the 'what-ifs' of life"
Our Values
Later Life Finance are true experts in over 55s lending, with many years of experience in arranging mortgages and releasing equity for our clients.
We are true problem solvers with a real interest in our customers lives and spend time to really get to know you to create a solution that genuinely works for you and matches your current and longer-term goals.
We build long lasting, trusting relationships with our clients and provide a lifetime service so you can be sure you are not alone in your journey with us!
We pride ourselves on securing the best possible outcome for our valued customers, with no call centres, no sales targets or hidden costs.
Our expert advisers have a combined 30 years’ experience between them.
Expert advice with a good understanding of the processes involved are crucial to ensure a smooth and efficient experience in arranging your mortgage.
At Later Life Finance you will get a dedicated adviser who will explain the process to you, and show you all your options.
Once you are happy to proceed your adviser will deal with the whole process from start to finish, ensuring the Later Life mortgage process is as stress free as possible.
You will receive regular updates, and once completed you will be eligible for a lifetime after care service, with free yearly financial reviews.
First Class Service & Advice
As Standard
Our Service
Why do our customers choose Later Life Finance over our competitors?
It's simple ... our service is first class.
Dedicated Expert Adviser
You can be safe in the knowledge that you are dealing with true experts. Deal directly with your adviser who will answer all your questions with expertise and provide a personal service, no hassle and absolutely no pressure, guaranteed.
Personally Tailored Plan
We take the time to understand your specific requirements and tailored a solution based on personal preferences and priorities. We will discuss this with you to ensure it meets your needs and make any adjustments required before putting the plan into action.
Lifetime After Care Service
Later Life Finance understand the importance of a long-term service. We offer a unique lifetime service for your peace of mind that whatever happens in the future, you won’t be on your own. We provide regular plan reviews to ensure you are on the right path, and we are always here for guidance and support when you need us.