What is Lifetime Mortgage Lump Sum?
A Lifetime Mortgage Lump Sum is ideal if you’re looking to release a cash amount from your property, which can be used to pay for a specific expense such as home improvements or a holiday.
There is no requirement to make regular monthly repayments as the amount that you release, plus any interest accrued, is repaid from the money made when the property is sold. This happens when you die, move into long-term care or permanently leave the property.
This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration.
To find out if you’re eligible and how much equity you could release from your home, call one of our specialist advisers at Simply Lifetime Mortgages today.
Lines open:
Mon to Sat 8am - 9pm
Sun 9am - 5.30pm
Calls will be recorded and may be monitored for training and audit purposes.
Please note that the information given on these pages should not be seen as advice to take out this product.
It's a big decision to make, so it's important you make the right choices when thinking about releasing money from your property.
We know your home is important to you, that’s why lifetime mortgages are clear and straightforward
Need help?
We’ve chosen to partner with Simply Lifetime Mortgages to offer you advice on Equity Release.
Mon to Sat - 8am - 9pm
Sun - 9am - 5.30pm
Calls will be recorded and may be monitored for training and audit purposes.