Lifestyle Select Options
Our Lifestyle Select Options let you unlock tax-free cash from your home and offer you the flexibility to repay up to 10% of the initial loan each year. You can spend the money however you like - whether it’s improving your home or simply enjoying your retirement.
Please note, we've stopped accepting new applications for this product. If you would like more information about the options available to you, please contact a financial adviser.
If you are an existing customer please contact us or your financial adviser.
Are Lifestyle Select Options right for you?
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.
This product could be right for you if:
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You’re looking to make repayments to reduce your loan
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You want to reduce interest building up and maintain more equity in your property
The product may not be appropriate if:
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You’re concerned about interest reducing the equity in your property
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You’re planning on downsizing during your loan term
Need a financial adviser?
Get a tailored quote for this product from a financial adviser. To find one, visit the Equity Release Council.
Frequently asked questions
Customer documents
