Lifetime Mortgage Interest Rates

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Author Paul Murphy- Later Life Finance Ltd

Best Rate For Lifetime Mortgage

Finding the best rate for lifetime mortgage infographic

Finding Expert Equity Release Advisers in London

Our equity release advisers in London will guide you through all your lifetime mortgage options.

We source plans with greater flexibility than ever to safely enhance your finances in Later Life with the wealth tied up in your home. 

As a broker, Later Life Finance have access to the full range of mortgages for older borrowers in London to source the best possible deal for you. 

But what are the best options, companies, deals and advice to ensure you make the best decision for you and your home?

We consider the benefits of equity release in London and review how to access expert advice:

 
  • Raise tax free equity to boost finances and settle existing mortgage lending
 
 
  • Access broker exclusive deals, cash backs and expertise to save you time and stress when exploring and arranging lifetime mortgages. 
 

We help homeowners explore the benefits of raising tax free equity with lifetime mortgages in London, and consider how equity release can reduce inheritance tax to home improvements and dream holidays

Later Life Finance are members of the following London bodies

Cash Lump Sum

Lump sum for home improvements, a new vehicle or to boost finances

Pay Off your Mortgage

Repaying your mortgage to enjoy the retirement you've worked for

Help family with a gift

Gifting an inheritance and IH tax planning

Dream Holiday

Equity release can help you fulfil a dream holiday destination

Deal Direct With a Broker & Access The Lowest Percentage Interest Rates in the Market, Guaranteed.

We're Trusted By 1000's UK Homeowners For The Best Deals From The Whole Market.

  • Ask any questions or concerns you have with our qualified advisers
  • Learn how voluntary repayments can help preserve more of your equity
  • Access calculations, projections and interest costs
  • Find out how the different equity release plans work in London
  • Find out more about the latest offers available
  • Discuss whether any entitlements to means-tested benefits may be affected
  • Understand the impact on the value of your estate
  • Work with your qualified adviser to see whether equity release is right for you

Get your free equity calculation...

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Book a free, no obligation discovery call with our expert advisers

Equity release calculator FAQS

In 2023 Equity release is based on the value of your home and your age. It's usually between 20% and 60% of your property's value. The maximum equity you can borrow depends on different factors, such as the value of your home, your age and your health. Your adviser will provide detailed figures on this https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release
The money you can get is usually between 20% and 60% of your property's value. The maximum equity you can borrow depends on different factors, such as the value of your home, your age and your health. Your adviser will provide detailed figures on this https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release
The most common form of equity release is a lifetime mortgage that isn't paid off until the last surviving homeowner has passed away or gone into long term care. You can still move home and pay voluntary payments off the mortgage with most lenders in 2023.
At the end of the first month or year (depending on your plan), the amount of interest charged is added to the original loan. The following month/year, the interest will be 'compounded', which means it's calculated based on the sum of the original loan, plus the interest charged during the first month/year. Your adviser will provide detailed calculations, including any planned repayments you intend to make. https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release