How can I get a lower rate on my lifetime mortgage?

Our lifetime mortgage interest rates are based on your individual circumstances such as your age, property value, health and lifestyle details, and how much cash you’d like to release. When you speak to an equity release adviser, they’ll arrange to give you a personalised illustration which will show you your interest rate.

Because you don't make any payments during the term of the lifetime mortgage, a higher interest rate is usually applied than those applied to a standard residential mortgage.

Find out more about equity release.