Our lifetime mortgage
The type of equity release we offer is a lifetime mortgage, which is a long-term loan secured on your home and is available to homeowners over 55.
The loan and interest are repaid, usually from the sale of your home, when you die or go into long-term care, subject to our terms and conditions.
Taking a lifetime mortgage will reduce the amount of inheritance you can leave, and may affect your tax position and eligibility for certain means-tested benefits.
Why do you need equity release advice?
The simple answer is to get an expert view on whether equity release is the best way forward for you. Taking out a lifetime mortgage will reshape your finances for your years ahead, and an adviser can spotlight how this commitment could impact you, and whether it may be better to look in other directions.
And because a lifetime mortgage is such a major commitment, you must take financial advice before you apply for one with us. You can, of course, use your own financial adviser or find one independently, alternatively you could also let us put you in touch with a financial adviser to guide you smoothly through the journey. Just be aware that an adviser you contact through us can only advise you on our lifetime mortgage and can’t recommend you one from another lender.
Why choose us for equity release advice?
We’re a member of the Equity Release Council, which promotes high standards and best practices for all customers who take out equity release – and this extends to any equity release adviser you see through us.
Guiding you through the process
When we first chat, we’ll quickly make sure you and your property meet the basic requirements for a lifetime mortgage. Then we paint a complete picture of what equity release could look like for you. Those small and not-so-small brushstrokes include how much you could unlock, your personalised interest rate, how interest would grow through the years, and all the other benefits, risks and costs.
If the adviser recommends it, you can then carry this information away and let it all roll over in your thoughts. You’ll have another chance to ask any questions and bring forward any concerns before choosing to go ahead.
How we’ve helped people before you
A mother and daughter share how a lifetime mortgage made a difference to their lives.
"We were able to tick off the long list of things we needed to get done"
Lifetime mortgage customer
Get specialist equity release advice
Take your first step by arranging a call with a UK-based equity release adviser. You don’t have to commit to anything, it’s just to see if it’s an option for you. And you won’t pay a separate advice fee. Instead, we'll make a commission payment to the adviser on completion of your loan. Here are two ways to get in touch.
Call us free
Ring now and make an appointment with an equity release adviser.
0800 141 3493
- Monday to Friday: 9:00am - 6:00pm
- Weekends and Bank Holidays: Closed
Ask us to call you
Give us your name and number, and an adviser will call you. You can pick a chosen day and whether morning or afternoon is best.Request a call back
Your call will be answered by the Aviva Equity Release Advice team, who can provide information and advice on Aviva's lifetime mortgages only. They're authorised and regulated by the Financial Conduct Authority.
Calls to 0800 or 0808 numbers from UK landlines and mobiles are free. For our joint protection, calls may be recorded or monitored, and saved for a minimum of 5 years. Our opening hours may be different depending on which team you need to speak to.