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Best lifetime mortgage equity release rates 2022

Updated every month, the moneyfacts.co.uk editorial team compare the best lifetime mortgage equity release rates in the UK. Start your comparison today. ....

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The Best Lifetime Mortgage Rates January 2022

Statistics recently released by the Equity Release Council announcing fourth quarter and full year figures highlight the popularity of Equity Release products. During 2021, 76,154 customers took out new plans, made use of existing drawdown reserves or agreed extensions to existing plans. ....

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The best Lifetime Mortgage Rates December 2021

The equity release sector has remained strong this year with the first nine months of 2021 seeing homeowners take out £2.989 billion via equity release ....

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The Best lifetime Mortgage Rates During July 2021

The Best lifetime Mortgage Rates During July 2021
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Best Lifetime Mortgage Rates During February 2021

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A lifetime mortgage can be a good way for those aged 55 and over to release equity built up in their house without having to move home. While there are benefits to taking out a lifetime mortgage, it can have a long-term impact on finances and those considering this option should speak to an independent financial adviser before going ahead to ensure it is the best decision for their circumstances.
The plans highlighted below are not endorsed by Moneyfacts.co.uk but have been chosen as they offer competitive rates for the scenario that we have selected. It should be noted that other plans are available that offer similar competitive rates but may offer incentives, such as cashback, that suits the borrower’s needs better – as such borrowers should consider speaking to an equity release broker who will be able to select the best plans for individual requirements. ....

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