Later Life Lending
Specialist later life lending advice from an experienced team.
Every later life option, compared
We cover the full spectrum - standard retirement mortgages, Retirement Interest Only (RIO), lifetime mortgages, equity release, and home reversion plans. Whole-of-market access across 130+ lenders. Independent advice means we recommend what is right for you, not what is easiest for us.
The options we compare
Retirement Mortgages
Standard residential mortgages with pension, annuity, drawdown, or investment income accepted. Terms extending into your 70s and 80s. Specialist lenders who understand retirement income structures - not just salary.
Retirement Interest Only (RIO)
Pay the interest monthly - the capital is repaid when you sell your home, move into care, or pass away. No fixed term. No repayment vehicle required. The primary later life mortgage product for borrowers who can service interest payments.
Lifetime Mortgage
A loan secured against your home with no monthly payments required. Interest rolls up and is repaid alongside the capital from the eventual sale of your property. The most flexible later life option for those without regular income.
Equity Release
Access the wealth tied up in your home without moving. Lump sum, drawdown, or a combination. Tax-free cash for any purpose - home improvements, gifting to family, clearing debts, or supplementing retirement income.
Home Reversion Plan
Sell a share of your property to a provider in exchange for a tax-free lump sum or regular income, while retaining the right to live in your home for life. An alternative to a lifetime mortgage for specific circumstances.
Expert Comparison
Most providers specialise in one product type and push it accordingly. Our team covers all later life products and compares them objectively - recommending the right solution for your income, health, inheritance wishes, and long-term plans.
How We Help
Free review
We review your full situation - income, property value, existing mortgage, health, inheritance wishes, and what you want the money for. No obligation. No pressure. This review shapes everything that follows.
Product comparison
We compare all appropriate products across the whole market. Retirement mortgage vs RIO vs lifetime mortgage vs equity release - presented side by side with honest pros and cons for your specific circumstances.
Lender sourcing
We identify the most suitable lenders from our 130+ panel. For equity release, all recommended plans are from Equity Release Council approved lenders. Whole-of-market means you see competitive options, not just one provider.
Supported to completion
We manage the application, lender correspondence, valuation, and completion. For equity release, we work alongside your solicitor. You have a single point of contact throughout.
Speak to our later life lending specialists
Call 0204 6211776 · Whole-of-market advice across all later life products · FCA No. 814533
Frequently asked questions
Am I too old to get a mortgage?
Almost certainly not. Specialist later life lenders including LiveMore Capital, Hodge, and Family Building Society lend to applicants with no upper age limit, assessing each case on its merits. Retirement Interest Only mortgages have no fixed end date. Lifetime mortgages are available from age 55 regardless of age. The belief that you cannot get a mortgage after 65 or 70 is outdated - the product landscape has changed significantly since 2018.
What is the difference between a RIO mortgage and equity release?
A RIO mortgage requires you to make monthly interest payments - the capital balance stays constant and is repaid from the property sale when you die or move into care. Equity release (lifetime mortgage) typically requires no monthly payments - interest rolls up and compounds. RIO is better if you have reliable income and want to preserve more equity. Equity release is better if monthly payments are not affordable or desirable. We compare both for every client.
Can I switch from my current interest-only mortgage to a RIO?
Yes - converting a standard interest-only mortgage (particularly one approaching its term end) to a RIO is one of the most common later life mortgage transactions. The RIO has no end date, which removes the repayment pressure entirely. We arrange these transitions from existing lenders to RIO specialists including LiveMore, Hodge, and Legal & General.
What income do lenders accept for later life mortgages?
Specialist later life lenders accept State Pension, defined benefit (final salary) pensions, defined contribution pensions in drawdown, annuity income, rental income from investment properties, investment portfolio drawdown, and SIPP income. LiveMore Capital in particular accepts the widest range of income types. Our team advises which lenders best accommodate your specific income structure.
Is the advice free?
Our initial consultation and product review is free and carries no obligation. We are paid by lenders through procuration fees on completion of a mortgage. For some equity release cases, an advice fee may apply - we confirm this clearly before any application.