Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
A retirement interest-only mortgage in London is a borrowing option for older homeowners who want to release equity while keeping monthly repayments low.
Unlike a traditional mortgage, you only pay the interest each month, with the full balance repaid when the property is sold.
This can be a great way to stay in your home while managing your finances in later life.
Speaking with a mortgage broker in London like us can help you understand if this could be the right choice for you.
If you’re over a certain age and can prove that you can cover the interest payments, you may be eligible for a retirement interest-only mortgage in London.
Lenders will assess your pension income or other sources of funds to ensure you can manage the repayments.
They will also consider the value of your property, as the loan is repaid through its sale.
If you’d like to explore your options, our mortgage advisors in London are here to help.
To qualify for a retirement interest-only mortgage in London, you’ll need to meet the lender’s age and income requirements.
Your ability to maintain the monthly interest payments will be assessed, along with how much equity you have in your home.
Lenders will also consider your long-term financial stability.
If you’re looking for mortgage advice in London, our team can help you find the best route forward.
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 £1295.
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
215 5 Star Reviews
Joseph Harros
As first-time buyers, we had very little knowledge of the mortgage process and found it quite daunting, especially with rising interest rates and uncertainty in the property market. We’re extremely grateful to Dinah and Jo for their support and would highly recommend UK Moneyman to any first-time buyer looking for a professional, knowledgeable and supportive mortgage broker.
29 Oct 2026
Jade Wilmot
As first-time buyers, we had very little knowledge of the mortgage process. We changed properties along the way, and our circumstances made the mortgage process more complex than we initially expected. Dinah and Jo were absolutely brilliant throughout. We would definitely recommend UK Moneyman to anyone looking to set up a mortgage.
29 Oct 2026
Diane A
First class service. Jason and Lizzie helped me immensely getting a good mortgage quickly when I found myself separated. They pulled out all the stops and even spoke to me after hours. Excellent and would highly recommend. I can’t thank them enough. I now have my dream home
28 Oct 2026
Chloe Gathergood
Paula and Jason have been so helpful in getting our first mortgage sorted. They were quick to answer any questions and very helpful with their advice. Thank you very much
23 Oct 2026
Rebecca Joy
Leo and Lizzi were exceptionally helpful. Leo gave us great advise, not just on products available, but on things like bidding on properties, whether we were likely to be approved for more complicated properties etc. Lizzi was very communicative and thorough in processing our application, and after our first sale fell through we didn't hesitate to use UK Moneyman again. Thanks so much to Leo and Lizzi!
15 Oct 2026
Callum Kennedy
Very helpful and informative. Made the process as easy as possible. Would recommend to other
14 Oct 2026
Barry Hall
I had a financial issue that I thought was pretty unique to myself. The help and solution to my financial question has been exceptional in every step of the way. A big thank you to Warren and Joe for all of your patience and technical expertise.
14 Oct 2026
Megan Whitlock
The team working with my profile were amazing, I was in constant communication with them, if I emailed and rang someone responded quickly and they were able to secure my mortgage within 6 weeks from my initial meeting which saved me a lot of messing around and stress. Great service thank you
14 Oct 2026
Linda Chadwick
Amazing company very helpful and patient fantastic staff at the Hull branch nothings to much trouble sorted me a morgage out quickly and efficient i would recommend them 100%
14 Oct 2026
Natalie Rose
We’ve had Elaine Tiernan as our mortgage advisor and she has helped us out so much in the process of being approved with our first mortgage. From working around our working hours to arrange phone calls and online teams meetings to being prompt to respond to our enquiries. Elaine has been nothing but helpful, professional and supportive in our journey this far and we are very grateful to have had her as our mortgage advisor. Thank you to Paula aswell for always checking up on us and ensuring the process was as smooth as possible. Natalie and Liam
13 Oct 2026
Speak with a mortgage advisor in London to explore whether a retirement interest-only mortgage in London is the right fit for you.
We’ll search through a wide range of lenders to find a mortgage deal that matches your financial needs.
Once you’ve chosen the right mortgage, we’ll handle the application to make the process as smooth as possible.
With everything finalised, your mortgage is secured, giving you greater financial flexibility in retirement.
With over two decades of industry knowledge, we’ve helped many homeowners secure a retirement interest-only mortgage in London.
Our expertise means we can find the right mortgage to suit your needs.
We have access to a wide range of mortgage products, including specialist deals tailored for later life lending.
Whatever your circumstances, we’ll search for the most suitable option for you.
From your first enquiry to securing your mortgage, we’ll handle everything for you.
We take care of the details, making the process stress-free and easy to understand.
We’re available every day to provide mortgage advice in London, working around your schedule.
Whether you prefer weekdays or weekends, we’re here when you need
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.
