Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
If you are 55+ and you are a homeowner, with a property valued at least £70,000, whether you have a mortgage or not, you could be eligible to take out an equity release plan.
Equity release plans allow you the option of releasing a portion of the value of your home as a tax-free lump sum, or a series of smaller sums that can be taken out during a specific length of time.
Your later life equity release advisors in London will take an in-depth look at your current situation, your past experiences and what you are looking to achieve in the future. This allows them to determine whether equity release in London, or an perhaps something else, is the right step for you to take.
If this is the right path for you to go down, it also allows your later life mortgage advisor to find the most appropriate product that benefits you currently and in the future, from the whole of the market.
Both types of equity release plans, lifetime mortgages and home reversion plans, are regulated by the Financial Conduct Authority.
Whether you are looking to raise money to help out children or grandchildren, repay a current mortgage you have or other debts in your name, carry out home improvements or boost your retirement income to cope with increased costs of living, our fast & friendly mortgage advisors in London can help you to achieve your goals.
A lifetime mortgage in London can give you the option to release tax-free money from the value of your home. You will retain complete ownership of your home and you can stay in your home for the remainder of your life.
Typically speaking, a lifetime mortgage in London will be repaid from the sale of your home once you have died or have moved permanently into care (with two borrowers this will apply to the surviving borrower).
In recent years, lifetime mortgages in London have become a lot more flexible, with these now including options to make voluntary payments, monthly interest payments and the ability to move your mortgage to another property you wish to live in.
For additional mortgage advice in London regarding equity release in London, it is worth seeking the advice of someone who is a specialist in this mortgage area, like ourselves.
Book online to speak with a equity release broker in London, and you will benefit from a free initial mortgage appointment with one of our later life mortgage advisors. They will happily discuss your options for releasing equity in London and advise on the most suitable course of action to take.
To understand the features and risks, ask for a personalised illustration.
A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £995.
You should always think carefully before securing a loan against your property.
A lifetime mortgage will reduce the value of your estate and may affect your entitlement to means tested benefits.
Clearing existing mortgage with a lifetime mortgage may result in higher cost of borrowing.
Our Customers Love Us
5.00 Rating15 Reviews
Anonymous
Charlie helped guide me through the process and answered all my questions. Would highly recommend London money man to everyone!
7 months ago
Anonymous
Ryan at London Moneyman made moving home with my mortgage easier. Thank you, 5 stars service.
7 months ago
Laura
I was nervous buying my first home but londonmoneyman were fab! Thank you for helping me 🙏
7 months ago
Jaycee
A+ service. communication was brilliant, helped me find a mortgage. Will definitely be back!
7 months ago
Tamra
Great company. Great service. Recommend 100%
7 months ago
Otto
thank you chloe for help with my mortgage iwill be back next time.
7 months ago
Tabby
Excellent service very helpful with my mortgage 😀
7 months ago
Seb
Very useful and efficient service. Thank you london money man!
7 months ago
Josie
Dinah and the team at London money man were super helpful with a remortgage on our family home. They got us through the process quickly and found me a much better deal than we were on. Thank you again, we'll be back in touch for our next...
7 months ago
Jeb
Great service from Kayleigh & Leo! Made it easy and stress free, thank you both for finding me a suitable product. I would not have got through this without their help.
7 months ago
Derek
Helped me and my partner on our remortgage. Molly was friendly and polite on the phoen and helped us throughout the process. Would reccomend 👍
7 months ago
Marina
Leoand Kayleigh were great during my process. He made everything stressfree for me as a first time buyer. Would definitely recommend to others going through the same process as it helped a lot. Thank you..Marina
7 months ago
James
Thank you Londonmoneyman. From my free initial mortgage appointment to completion I was kept in the loop. Jason was great and would definitely recommend.
7 months ago
Ruby
Tom and Louise were so helpful throughout the whole process. As First Time Buyers we were almost scared to start looking for a home but the team at Londonmoneyman put us at ease and now we have a lovely new home. Thanks for everything!
7 months ago
John
Amazing service from start to finish. Charlie, Megan and the application team were very helpful throughout, to help with any queries, and kept me up to date with the process at every stage. Couldn't recommend them enough!
2 years ago
During your free initial appointment, our later life mortgage advisors in London will discuss your inheritance plans and goals.
Equity release and lifetime mortgages are the last options we’ll look at for you, as an alternative can be better suited to your situation.
From retirement mortgages to possible charity participation, we’ll look at the most suitable options for you before releasing equity from your home.
Because of the importance of later life mortgages, we actively encourage customers to involve family or trusted parties to participate in discussions.
We’ll make sure you review all your options, plans and any more information you need to know in detail so you know what you agree with.
If equity release is not right for you, your later life mortgage advisor in London will refer you on to the appropriate services for your plans.
That said, if equity release is right for you, your advisor will make a tailored lifetime mortgage recommendation, factoring in any inheritance plans you have.
Book a free initial appointment using our online form and one of our dedicated later life mortgage advisors will run through all of the options you may have. They will help you understand the steps you will be taking, your options and the effect that taking out a lifetime mortgage in London might have on state benefits, tax and the equity that is left in your home, over time.
We actively encourage clients to make sure that their family members are involved or they have another trusted individual that can be there to support you through the process and be present at the meetings you have with the advisor.
We provide all initial advice for free and with absolutely no obligation or pressure to go ahead. Only if you go ahead and your case completed, do we charge you an advice fee.
Once you and your advisor have identified the appropriate plan, your later life mortgage advisor in London will present you with an illustration and a written recommendation, detailing the information you have given us and why we have recommended that specific plan for you.
You later life mortgage advisor in London will then review their recommendation with you, prior to submitting an application to the mortgage lender.
As an open & honest mortgage broker in London, we have been helping our customers to achieve all of their mortgage goals and dreams for the last 20 years plus.
Our advisors have the same level of passion and dedication that they have with mortgages, in presenting whole of market lifetime mortgage advice in London for our older, valued customers.
We have a truly brilliant team of experienced case managers who, along with your later life advisor in London, will manage the entire process all the way through until completion. They will ensure you are always kept informed throughout your journey, as well as being readily available to speak with if you ever need us.
We will be there to support you throughout your entire process. With our continuous guidance and support, we will work through your mortgage experience together, reducing as much stress from you as we can.
It is important that you enlist the services of a later life mortgage advisor that you feel you can trust and share your information with. As a company, we completely believe that we excel in this area, which is reflected in our fantastic customer reviews.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Read our 15 Reviews
Londonmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Londonmoneyman 2009–2026
Contact
Follow Us
Londonmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Londonmoneyman 2009–2026
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
