Capital Select Options

A flexible way to unlock money from your home

Make the most of your retirement by unlocking tax-free cash from your home. Our Capital Select Options give you the flexibility to make repayments when it suits you. You can choose to repay up to 10% of your loan each year and there’s no penalty if you decide not to make repayments.

Are Capital Select Options right for you?

Choose to repay up to 10% each year
Enjoy a one-off, tax-free cash payment
Add a cash reserve to access money later

What are the risks?

A lifetime mortgage is a loan secured against your home. It will reduce the amount of inheritance you leave and may affect your tax position and entitlement to welfare benefits.

Is it right for me?

This product may be right for you if:

  • You want the flexibility to choose when to make payments and how much you repay each year
  • You’re looking to pay back all of the interest and some of your loan each year
  • You don’t want to make regular monthly payments
  • You don’t want to face penalties for not making payments
  • You’re concerned about the impact of interest building up and reducing the equity in your property
  • You’re planning to leave an inheritance to your loved ones

Need an adviser?

Get a tailored quote for this product from a financial adviser. To find one, visit the Equity Release Council.

Find a financial adviser

Frequently asked questions

Customer documents