Our lifetime mortgages let you release cash from your main property or second home
Unlock tax-free cash from your property with our award-winning range of home finance products – all without needing to sell your home. Whether it’s your home, a second home or a buy-to-let property, we offer a range of flexible options to help you make the most of your retirement.
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 flexible lifetime mortgages
Manage the interest on your loan
Make the most of your retirement
Unlock cash from your second home
Release more money with no payments
Release cash with no repayments
Our flexible buy-to-let mortgage
Find out how our lifetime mortgages can be adapted to meet your evolving needsLifetime Mortgages
Both a lifetime mortgage and an Over 55 Buy-to-Let mortgage are a loan secured against your home. They will reduce the amount of inheritance you leave and may affect your tax position and entitlement to welfare benefits.
Get a tailored quote for this product from a financial adviser. To find one, visit the Equity Release Council.
Find answers to commonly asked questions, helpful links, tools and contact details.