Lifestyle Options

Our Lifestyle Options provide you with a tax-free, one-off cash payment that is yours to do whatever you like with.

Unlike our Interest Select and Voluntary Select products, you don't make any interest payments. Instead, the interest rolls-up and is added to the mortgage each month.

If you think that you might want to borrow more money in the future, you can add a cash reserve facility to your lifetime mortgage at the outset. This means that you can withdraw further funds, without having to take financial advice. Your financial adviser will be able to talk you through this in further detail.



The interest rates on our Lifestyle Options are currently:

Product Monthly interest rate (MER) Annual interest rate (AER)
Lifestyle Lite 3.92% 3.99%
Lifestyle Gold 4.29% 4.38%
Lifestyle Gold Plus 5.45% 5.59%
Lifestyle Platinum 6.39% 6.58%

To find out more information about what a lifetime mortgage is, you can download our Guide to Equity Release. For more information on our products, including our product features, please download our Guide to our Lifetime Mortgage Products.

To see how you can use both your property and your pension to get the most out of your retirement, you can also download a copy of our Home Truths report.