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19 Mar 2024
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Lifetime Mortgages Explained

Wht is a Lifetime Mortgage ?

Lifetime Mortgage products are for people over 60 and a homeowner. A Lifetime Mortgage can help free up part of the value of your house, without risk to your home and without any repayments if you choose.

Lifetime mortgage products allow you to mortgage your the most of your home by release equity but it does not suit everyone Lifetime mortgage lenders can now help you release equity with a specially designed lifetime mortgage for homeowners like you. It can help you free up part of the value of your house, without risk to your home and without any repayments if you choose. You can even move home during the term and still apply.

We are not authorised to give advice on lifetime mortgages, if you require advice we will refer you to a Financial Advisor who is qualified in Lifetime mortgages.

If You are interested in more information on Lifetime Mortgage schemes please complete the mortgage enquiry form and a Lifetime mortgage specialist will contact you.

This is a Lifetime Mortgage, to understand the features and risks please ask for a personalised illustration.

Lifetime mortgage schemes will reduce the value of your estate

The cash sum and/or income from a Lifetime Mortgage scheme may reduce your state benefits

This is a Lifetime Mortgage. To understand the features and risks please ask for a personalised illustration. A Lifetime Mortgage will reduce the value of your estate, will not be suitable for everyone and may affect your entitlement to state benefits.

Depending on the adviser you are referred to there may be a fee for equity release advice the value of which will be confirmed at any initial meeting.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on your mortgage.

Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600

We normally do not charge a fee for mortgage advice, however this is dependent on your circumstances. Our typical fee would be £349