The Equity Release Journey

It may seem confusing but one of our Lifetime Mortgage Specialists will be here to guide you every step of the way.

This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this lifetime mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.

A Lifetime mortgage requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care

Step 1

Gaining an understanding.

This stage is all about exploration. Our aim is to help you understand the basics of lifetime mortgages and if this is a possible solution for you. You can speak to an adviser who is there to support you on your journey. We will not contact you unless you request us to.

Step 2

Getting to know you.

This is the stage where you start your journey for a tailored recommendation. Remember, this is at no charge and you are under no obligation to proceed. One of our specialists will talk through details about you, your property, health and financial situation. As well as this the adviser will want to understand your short and long-term goals to ensure we recommend the right plan.

* We provide initial advice for free and without obligation. Only if you choose to proceed and your case completes would a typical fee of £1,695 be payable. 

Step 3

The tailored recommendation.

You will receive the recommendation in writing and via email (if you wish). You will then have time to read and digest the information, maybe show this to your family or a friend. Your adviser will be calling at an agreed date or time so make a list of questions for the appointment. You can speak to your adviser any time before this if you also wish.

Step 4

The advice explained.

The adviser will call you as agreed. They will take you through the recommendation and specifically why this plan has been recommended to you. If you wish to proceed with the application the adviser will talk you through the next steps.

Step 5

Processing your application.

The identity checks will take place when the application is received. The application will be processed and sent to the lender.

Step 6

The valuation.

A surveyor will be in touch to arrange an appointment. A satisfactory survey will be required so that the lender can issue a legal offer. This will be arranged at a time and date to suit you. The lender will receive the valuation after it is completed and once this is fully reviewed I will be sent the information and call you to update you on the progress.

Step 7

The offer and legalities.

Upon receipt of a satisfactory valuation the lender will issue a legal offer to you and your solicitor. The solicitor can facilitate the signing and witnessing of documents. This can be arranged in the comfort of your own home.

Step 8

The funds are released.

Speak with a lifetime mortgage expert.

If you require any further information about a lifetime mortgage, our Lifetime Mortgage advisers are on hand to answer your questions and provide a no obligation tailored recommendation.