Nationwide Financial Advisory Services

Lifetime Mortgage

Nationwide Financial Advisory Services. We are an impartial brokerage with access to the whole market.

Place your confidence in the experts to secure your lifetime mortgage.

Telephone: 0116 326 9786

    

What Is A Lifetime Mortgage?

Speak To A Lifetime Mortgage Specialist

A lifetime mortgage is a mortgage taken out on a property that does not have to be repaid until the borrower dies or has to go into long-term care.

A lifetime mortgage allows you to release some of the equity that you’ve accumulated in your home over the years, so you can benefit from it now.

Who are lifetime mortgages for?

People who take out lifetime mortgages tend to be over the age of 55, and in a position where they have built up considerable equity in their property.

There are several types of lifetime mortgages, and they work in different ways.

Depending on what kind of lifetime mortgage you choose, you may have to make regular capital and / or interest repayments on your loan or have interest calculated and added to the overall cost of the loan – in which case, the total amount owed must be repaid upon your death (or when you enter long-term care)

To find out more call our experts on 0116 326 9786

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Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.

Nationwide Financial Advisory Services Limited is Authorised and Regulated by the Financial Conduct Authority.

Registered at 26 Broombriggs Road LE3 9QN. Company Number: 11323737.
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