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Since 1 October 2009 our Flexible Drawdown Lifetime Mortgage has only been available to existing Lifetime Mortgage borrowers who are either seeking an additional loan or moving home. Please also note that since April 2014 it is compulsory that advice is sought for moving home or further borrowing.

Lifetime Mortgage

Product description The overall cost for comparison is Initial drawdown period Charge to extend borrowing reserve
7.25% fixed rate for lifetime of mortgage 7.6% APR 10 years N/A

Lifetime Mortgage - further information

Downloadable form details Moving home  Additional borrowing
Product summary
Full interest rate details and a summary of the product details
Lifetime Mortgage product summary  Lifetime Mortgage Further Advance product summary
Product guide*
Full details of how this Lifetime Mortgage product will work for the
duration of the mortgage
Guide to Flexible Drawdown Lifetime Mortgage* Additional Borrowing Flexible Drawdown Lifetime Mortgage
Equity release checklist
This provides you with the key points which should be considered when applying for a Lifetime Mortgage. Once a Lifetime Mortgage Offer has been issued we will send you a copy of the checklist, asking you to sign and confirm that all the points listed have been considered.
Equity Release Checklist  

* You may have an alternative lifetime mortgage product with us - if you are in any doubt, please call our Mortgage Account Service Team on the details given below.


Do you need our help?

Please call us on 03300 243412 to arrange an appointment should you be in a position to apply or require advice, alternatively our customer representative may be able to answer any queries you might have. We're open Monday to Friday: 8am - 5.30pm and Saturday: 9am - noon.

Alternatively if you would like us to contact you at a time of your choice please complete the call back request form on our website which can be found here: Contact us - Call me back