Lifetime Mortgages
Our lifetime mortgages let you release cash from your main property or second home
Unlock the value of your property
Unlock tax-free cash from your property with our award-winning Home finance product range – all without needing to sell your home.
Our award-winning range of home finance products let you release tax-free cash from your home, second home or buy-to-let property, without the need to sell or transfer ownership.
At Canada Life, we put you in control of your mortgage. You can choose to repay the interest and capital, or be completely free of any repayments - the choice is yours.
All our products come with a fixed interest rate for life, as well as fixed early repayment charges, so you know exactly what to expect from the start.
How to spend the money is completely up to you - you could boost your retirement income, pay off a mortgage, make home improvements, fund care, take a well-earned break or even provide a gift to your loved ones.
Whatever you choose to do, we’re here to help you make the most of your retirement.
Our lifetime mortgages let you release cash from your main property or second home
Our later life buy-to-let mortgages let you release cash from your buy-to-let property
Our human-centric approach to underwriting
Offering you and your family a full range of virtual health and wellbeing services around the clock. New or existing home finance customers can speak to a UK-based GP, receive mental health support and access legal or financial guidance – all from the comfort of your own home.
Our Capital Select Options do not include a completion fee
We won’t charge you any fees to set up this mortgage, which means there’s no valuation or completion fee. However, you’ll still need to pay solicitor and adviser fees.