For retired clients wishing to release some of the capital locked in their property to improve their daily standard of living, but wish to avoid the commitment of monthly repayments.

Lifetime mortgages
A lifetime mortgage is a mortgage aimed at those who have assets but not income and is designed to release equity from the home. Repayment of the capital (and sometimes the interest) only happens on sale of the property, usually on the death of the borrower.

Home reversion scheme
A home reversion scheme involves selling some or all of your property to a reversion company at a discount. In return, you get a lump sum and/or a regular income (or both) and the right to remain in the property for the rest of your life.