Equity Release existing customers

Equity Release, your partner in later life

Equity Release Products

Please select the relevant product you have with us for more information on further borrowing.

Lifetime Mortgage Lump Sum+

If you need to release further equity from your house, you will need to contact your financial adviser to apply, as you did with your original lifetime mortgage.

You can apply for a further advance at any time. There will be an application fee of £125 to pay and we will require a property valuation to be carried out. Your property must meet our lending criteria at the time of your application for a further advance. Our lending criteria may be different from those applied at the time of your original lifetime mortgage offer. The minimum further advance is £2,000. Valuations will be charged at the rates applicable at the time.

The availability of a further advance and the terms and conditions including the interest rates that will apply will depend on those in force at that time. Access to further advances is not guaranteed.

Lifetime Mortgage Drawdown+

If you would like to request a withdrawal from your cash facility, then please contact us.

If you have exhausted your facility and need to release further equity from your house, you will need to contact your financial adviser to apply, as you did with your original lifetime mortgage. Further advances will allow you to release an extra sum of money and will not increase your cash facility.

You can apply for a further advance at any time once you have exhausted your cash facility. There will be an application fee of £125 to pay and we will require a property valuation to be carried out. Your property must meet our lending criteria at the time of your application for a further advance. Our lending criteria may be different from those applied at the time of your original lifetime mortgage offer. The minimum further advance is £2,000. Valuations will be charged at the rates applicable at the time.

The availability of a further advance and the terms and conditions including the interest rates that will apply will depend on those in force at that time. Access to further advances is not guaranteed.

Lifetime Mortgage - Lump Sum

If you need to release further equity from your house, you will need to contact your financial adviser to apply, as you did with your original lifetime mortgage.

You can apply for a further advance at any time. There will be an application fee of £125 to pay and we will require a property valuation to be carried out. Your property must meet our lending criteria at the time of your application for a further advance. Our lending criteria may be different from those applied at the time of your original lifetime mortgage offer. The minimum further advance is £2,000. Valuations will be charged at the rates applicable at the time.

The availability of a further advance and the terms and conditions including the interest rates that will apply will depend on those in force at that time. Access to further advances is not guaranteed.

Flexible Lifetime Mortgage

If you would like to request a withdrawal from your cash facility, then please contact us.

If you have exhausted your facility and need to release further equity from your house, you will need to contact your financial adviser to apply, as you did with your original lifetime mortgage.

You can apply for a further advance at any time once you have exhausted your cash facility. There will be an application fee of £125 to pay and we will require a property valuation to be carried out. Your property must meet our lending criteria at the time of your application for a further advance. Our lending criteria may be different from those applied at the time of your original lifetime mortgage offer. The minimum further advance is £2,000. Valuations will be charged at the rates applicable at the time.

The availability of a further advance and the terms and conditions including the interest rates that will apply will depend on those in force at that time. Access to further advances is not guaranteed.

Moving home application

If you are thinking of moving home and want to transfer your lifetime mortgage to your new home, it is important to get in contact with us as soon as you have found a new home and before you intend to move. Call us on 0800 028 8974 and select option 3 to discuss the moving home application process.
Application summary
Lending criteria
What fees are involved

Learn more about Equity Release

Make an ENQUIRY 

If you are an existing lifetime mortgage customer with us please call:

(option 3)

Mon to Fri 8:30am-6pm

For TextDirect: First dial 18001

We will record and/or monitor calls for training and audit purposes

 

To start an equity release enquiry, contact your independent financial adviser, or find one specialising in equity release through the Equity Release Council (ERC).