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If for any reason we are unable to help you with your interest only mortgage, there may still be the option of a lifetime mortgage through our partner, Legal & General.

What is a lifetime mortgage?

A lifetime mortgage is a loan secured against your home which can be used to pay off your interest only mortgage balance. Lifetime mortgages are usually repaid from the sale of your home when the last surviving borrower dies or moves out of their home and into long-term care. Of course, any money left over would be available to you or your beneficiaries.

A lifetime mortgage can let you;

  • Repay your mortgage balance in full and any early repayment charges with us
  • Carry on owning and living in your home
  • Pay some, all or none of the monthly interest
  • Potentially release further equity from your property for home improvements or to improve your lifestyle into retirement

A lifetime mortgage may not be right for everyone. They are only available to customers who are over 55 years old and meet certain criteria. Any unpaid interest is added to the loan, which will increase the amount you owe over time. There are lots of factors to consider so it’s important you get the right advice for your situation.

See what help is available

Call us today to discuss your mortgage and we will consider whether it may be worth putting you in contact with our partner, Legal & General.

Call us on

0345 602 8301

Opening times

We're here from 8am to 6pm Monday to Friday and 9am to 1pm Saturday.

Call charges and information
03 numbersSame as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way.
084 numbersMaximum of 7p per minute, plus your phone company's access charge.
087 numbersMaximum of 13p per minute, plus your phone company's access charge.
0800 numbersFree from UK landlines and personal mobile phones.

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