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Brilliant, your free mortgage appointment is booked in with one of our mortgage advisors!

In the meantime, check out our YouTube channel MoneymanTV for 100s of free mortgage explainer videos, just like the one here.

Alternatively, take a look at some of our frequently asked questions below.

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Frequently Asked Questions

What is The Maximum Age For a Mortgage?

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As you head over the age of 55, there are various mortgage products available to you such as a lifetime mortgage and a retirement interest only mortgage, that wouldn’t have been available at a younger age.

That being said, traditional high-street mortgage lenders are being much more flexible for these types of customers, allowing for more options as you head into later life.

You can learn more by reading our article “What is The Maximum Age for a Mortgage?

Is a Lifetime Mortgage The Same as Equity Release?

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Yes, a lifetime mortgage is the most popular form of equity release available, and it can be used in a variety of ways. With a lifetime mortgage you retain full ownership of your property, and monthly payments are optional.

You can learn more by reading our article “Is a Lifetime Mortgage The Same as Equity Release?

What is a Retirement Interest Only Mortgage?

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A retirement interest-only mortgage is a loan you take out for the rest of your life, available to the over 55’s and secured on your main residence. With this type of mortgage, you’ll be required to make monthly payments until you enter long term care.

You can learn more by reading our article “What is a Retirement Interest Only Mortgage?

Can You be Refused Equity Release?

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Yes, you can get refused and declined for equity release.

You can learn more by reading our article “Can You Be Refused Equity Release?

Can You Release Equity to Buy Another House?

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Yes, you can release equity to purchase another property.  There are 2 ways in which this is possible:

  1. Remortgage to release equity – this is done via a standard remortgage, available on repayment or interest-only terms.
  1. Lifetime mortgage – this is a type of equity release plan designed for the over 55’s.

You can learn more by reading our article “Can You Release Equity to Buy Another House?

8 Reasons to Choose UK Moneyman

Working hard 7 days a week!

We work to a time that suits you. You can put your personal life first, attending your free mortgage appointment at a time convenient to you.

Free initial mortgage appointment.

During your free mortgage appointment, we can go over your options with you. This includes lifetime mortgages.

We are proud members of the Equity Release Council!

As members, we have agreed to follow the Council rules, safeguarding our customers and providing a high standard of conduct.

We work for you, we have your best interests at heart.

We will be open and honest at all times; finding you a deal that suits your personal and financial situation.

Jargon-free insurance advice for you and your family.

We'll recommend the most suitable insurance products to protect you and your family, should you become seriously ill or unable to work.

1000s of mortgage options.

We will compare different mortgage deals across the market. We have a large panel of mortgage lenders to choose from.

We are dedicated and experienced.

We have been in the mortgage industry now for over two decades. If you need help with a mortgage over the age of 50, get in touch!

From the start until completion.

We will be there for you throughout your whole mortgage process, recommending the best mortgage deal for your situation.

Our Customers Love Us

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We search 1000s of mortgage deals

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UK Moneyman Limited is Registered in England, No. 6789312
Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

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