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 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.
WeCare gives our home finance customers access to a 24/7 online GP service, plus mental health and wellbeing support. All at any time, in any place.
Explore nowOur 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 flexible lifetime mortgages
Make the most of your retirement
Unlock cash from your second home
Our flexible buy-to-let mortgage
Introducing our upgraded portal, with modern, intuitive design to give you more control over how you support your clients.
See what's newYou’ll get a free valuation when you apply for this product, and we won’t charge a completion fee.
Learn moreFind out how to make the most out of your retirement and unlock money from your second home.
Learn moreBoth 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.