Best mortgages for people over 60 years old

  • Remove tax-free money from your property or get a mortgage to move house
  • No need to make regular monthly payments if you don’t want to
  • Buy a family member a home without a mortgage
  • Still, have some mortgage outstanding? No problems
  • Continue to stay in your house for as long as you like
  • Your Requirements

  • Please enter a number from 12000 to 20000000.
  • About You

  • Please enter a number from 25 to 90.
  • 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

Old money home
London House Finance

  • Aviva Lifetime Mortgage
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Stonehaven Interest Select Plan
  • Nationwide Equity Release Schemes
  • HSBC Equity Release Schemes
  • NatWest Equity Release Plans
  • Age Partnership Interest Only Lifetime Mortgage
  • Aviva Flexible Voluntary Repayment Plan
  • Bridgewater Equity Release Plans
  • Canada Life Equity Release
  • Pure Retirement Classic Drawdown Lite Plan
  • Nationwide Interest Only Lifetime Mortgage
  • HSBC Interest Only Lifetime Mortgage
  • TSB Equity Release
  • Aviva Equity Release Plans
  • Liverpool Victoria LV Equity Release Schemes
  • Pure Retirement Equity Release Plans
  • Stonehaven Equity Release Plan
  • NatWest Lifetime Mortgage
  • Age Partnership Equity Release
  • Just Retirement Equity Release Schemes
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Nationwide Equity Release Schemes
  • NatWest Interest Only Lifetime Mortgage

More2Life Lifetime Mortgages

Crown Retirement Mortgages


What percentage can be released?

  • 50% interest-only lifetime mortgages Royal London Equity Release
  • 45% loan to value lumpsum lifetime mortgages Stonehaven Mortgage
  • 60% loan to value lump sum lifetime mortgages Precise
  • 35% loan to value (LTV) lumpsum lifetime mortgages Shawbrook
  • 25% loan to value (LTV) lumpsum lifetime mortgages Skipton Building Society

Natwest Lifetime Mortgage Reviews


The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.

Hodge Lifetime - Lump Sum Lifetime Mortgage

Pitfalls of Home Reversion Schemes

Lump-sum lifetime mortgages can reduce the inheritance for your family. Monthly payment equity release may impact the ability to claim benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.

Examples of retired small business owners likely to have equity to release

  • Manufacture of machinery for textile, apparel and leather production Sandwich
  • Manufacture of electrical and electronic equipment for motor vehicles and their engines Doncaster
  • Activities of insurance agents and brokers Quedgeley
  • Finishing of textiles Tottenham
  • Manufacture of watches and clocks Trowbridge
  • Maintenance and repair of motor vehicles Rugeley
  • Processing and preserving of fish, crustaceans and molluscs Horsham
  • Another retail sale of new goods in specialised stores, not commercial art galleries and opticians Ledbury
  • Precious metals production Ringwood
  • Retail sale of audio and video equipment in specialised stores Middlesbrough
  • Medical nursing home activities Thatcham
  • Agents involved in the sale of fuels, ores, metals and industrial chemicals Accrington
  • Agents involved in the sale of machinery, industrial equipment, ships and aircraft Keighley
  • Other engineering activities Featherstone
  • Agents involved in the sale of a variety of goods Hounslow
  • Wholesale of computers, computer peripheral equipment and software Royal Tunbridge Wells
  • Manufacture of ready-mixed concrete Lytchett Minster & Upton
  • Take-away food shops and mobile food stands Birchwood

Legal & General - Flexible Indigo

Towns where equity release is popular

  • Orford
  • Market Bosworth
  • Stamford
  • Minehead
  • Reading
  • Sidmouth
  • Gravesend
  • Budleigh Salterton
  • Brierley
  • Ashby Woulds
  • Hatherleigh
  • Grange-over-Sands
  • Brigg
  • Tenterden
  • Ventnor
  • Bawtry
  • North Hykeham
  • Dagenham
  • Portishead and North Weston

It’s usual to encounter people searching for lifetime mortgage with flexible drawdown cash release, lump sum life time mortgages or monthly payment equity release, however, Key Solutions like Aegon are keen to see paperwork to show your situation in the form of bank statements.

Natwest Lifetime Mortgage Home Reversion Plan


Pure Retirement - Classic Lite



What percentage can be released?

The older you are and the sicker you are the more cash you can release.

UK Equity Release Scheme Providers

  • the Telegraph
  • Prudential Lifetime
  • Aviva
  • Norwich Union
  • Maximum cover Equity Release

More2Life - Flexi Choice Super Lite