Freestyle® Lifetime
Our Freestyle Lifetime mortgage lets you free up your money and enhance your lifestyle in retirement.
If you would like to live in the home that you love, but release some of the equity in it, our Lifetime mortgage could be the answer.
If you would like to live in the home that you love, but release some of the equity in it, our Lifetime mortgage could be the answer.
Interested?
Contact your financial adviser to apply
- Free up money for your retirement - tax free lump sum with no monthly repayments
- No negative equity guarantee so you don't have to repay any more than the market value of your home
- Fixed interest rate for the term of your Freestyle Lifetime mortgage
- Retain the ownership of your home
- No medical or credit checks required
- Portable loan - take your Freestyle Lifetime mortgage with you if you move
- Peace of mind - this Freestyle Lifetime mortgage complies fully with the guidelines set by SHIP (Safe Home Income Plans)
Favourable tax treatment of lump sum payments may be changed in the future
Early repayment charges apply for the first 10 years
If you move to a property of a lower value, you may have to repay a portion of the mortgage
An arrangement fee and valuation fee will apply, see our tariff of charges
Minimum age of younger applicant must be 60 - there's no maximum age
You must own your own home outright, or use funds to clear outstanding debt
Home cannot be used against any other financial agreement
Applications are only accepted through a financial adviser - contact yours now to discuss your options and apply
Interest will accrue and compound annually
THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION.
