Top 10 mortgages for pensioners – over 55-year-olds in 2026

RIO

  • Release equity from your property
  • No need to make regular monthly payments
  • Use the money to buy another house
  • Continue to stay in your house

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • Please enter a number from 50000 to 10000000.

Homeowner in their 60s
Access home equity
Southfields House

  • What are you looking for?

  • Please enter a number from 12000 to 20000000.

  • About Your Circumstances

  • MM slash DD slash YYYY

  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy


  • Your Requirements

  • Please enter a number from 4000 to 20000000.

  • About You

  • DD dash MM dash YYYY
  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

Wealthy business owners who could benefit from equity release tax planning

  • Financial leasing Bradley Stoke
  • Manufacture of batteries and accumulators Hawkinge
  • Cold rolling of narrow strip Whitchurch
  • Extraction of peat Scarborough
  • Silviculture and other forestry activities Hartland
  • Manufacture of articles of fur Ripley
  • Agents involved in the sale of food, beverages and tobacco Wendover
  • Retail sale of tobacco products in specialised stores Winslow
  • Cargo handling for air transport activities Dronfield
  • Factoring Hatfield
  • Construction of utility projects for electricity and telecommunications Maidenhead
  • Media representation services Shoreham-by-Sea
  • Another retail sale not in stores, stalls or markets Stanhope
  • Growing of other non-perennial crops Dawley
  • Other cleaning services Bradninch
  • Take-away food shops and mobile food stands Penistone
  • Tea processing Thaxted
  • Liquid milk and cream production Southwick

What percentage can be released?

The older you are and the sicker you are, the more tax-free cash you can release.
Legal and General Mortgages
More2Life Mortgages
Legal and General Mortgages

Areas where retirement mortgages are common

  • Penrith
  • Swindon
  • Ashbourne
  • Royal Leamington Spa
  • Malvern
  • Hunstanton
  • Ferryhill
  • Ottery St Mary

Halifax Lifetime Mortgage No Payments

Halifax Lifetime Mortgage Interest Only Rates

  • Hodge Equity Release Schemes
  • TSB Equity Release
  • Royal Bank of Scotland Equity Release Plans
  • Saga home reversion plan
  • Aviva Equity Release
  • Just retirement equity release lifetime mortgages
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • NatWest Equity Release Plans
  • Saga Equity Release Schemes
  • Age Partnership Equity Release
  • Bridgewater Equity Release Schemes
  • Canada Life Equity Release
  • Stonehaven Equity Release Plan
  • Saga home reversion plan
  • Bridgewater Equity Release Plans
  • Liverpool Victoria LV Equity Release Schemes
  • NatWest Interest Only Lifetime Mortgage
  • More 2 Life Tailored Choice Plan
  • Age Partnership Equity Release Schemes

Disadvantages of Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the value of your estate. A monthly payment lifetime mortgage may impact entitlements to state benefits. You may need to pay an advisor’s fee, and you could be exposed to changes in interest rates with some products.

It is often found to discover people searching for home reversion plans, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Sunlife Plans like Maximum cover Equity Release are keen to see paperwork to show your circumstances in the form of investment statements.

Equity Release LTV Percentages

  • 50% monthly payment lifetime mortgage AA equity release
  • 40% loan to value (LTV) home reversion schemes Shawbrook
  • 25% loan to value lumpsum lifetime mortgages Accord Mortgages
  • 25% loan to value (LTV) lump sum lifetime mortgages United Trust Bank
  • 30% loan to value monthly payment equity release, Mansfield

Legal & General - Flexible Pink
Pure Retirement - Classic Super Lite
Canada LIfe - Interest Select Gold Flexi
More2Life - Capital Choice Plus Plan

Lenders for UK Equity Release

  • Aviva
  • One Family
  • the Telegraph
  • More to Life
  • The Exeter Equity Release

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.