Later Life Lending

OneFamily Equity Release

OneFamily was formed in 2015 through the merger of Engage Mutual and Family Investments, creating one of the largest mutuals in the UK.

Important: Equity release is a long-term commitment and will reduce the value of your estate. It may affect entitlement to means-tested benefits. Independent financial and legal advice is required. All plans recommended are from Equity Release Council approved lenders. Your home may be repossessed if you do not maintain required payments on a secured loan.

Later Life Lending

About OneFamily Equity Release

OneFamily offers flexible lifetime mortgage plans as part of a broader range of mutual financial products. As an independent broker, we compare OneFamily alongside all ERC-approved providers.

2015
Formed from Engage Mutual + Family Investments
Large mutual
Member-owned
ERC member
All protections
Flexible
Lifetime mortgage range
Your Options

The options we compare

OneFamily Lifetime Mortgage

OneFamily's core lifetime mortgage - lump sum or drawdown. Standard ERC protections. Competitive within the mutual provider space.

OneFamily Drawdown

Cash reserve facility for clients who need money in stages. Interest only on drawn amounts.

Optional Repayments

Voluntary partial repayments available on most OneFamily plans.

ERC Protections

No negative equity guarantee, right to remain, portability - all standard ERC features.

Independent Comparison

OneFamily is one of several ERC-approved lenders we compare. Their mutual structure may appeal to some clients.

Health Assessment

OneFamily assesses health information and may offer enhanced terms for qualifying conditions.

The Process

How We Help

01

Comparison first

OneFamily assessed alongside all relevant ERC-approved providers.

02

Illustration

Live KFI from OneFamily and best alternatives.

03

Legal advice

Independent solicitor required.

04

Completion

Typically 4-8 weeks.

Speak to our later life lending specialists

Call 0204 6211776 · Whole-of-market advice across all later life products

FAQs

Frequently asked questions

What is OneFamily in equity release?

OneFamily is a UK mutual that offers lifetime mortgages as part of their range of financial products. Formed in 2015, they are one of the larger mutual equity release providers alongside LV= and Royal London.

Is OneFamily equity release competitive?

OneFamily's rates and features are competitive within the market. Whether they are the right choice depends on your specific circumstances. We compare them alongside Aviva, L&G, Just, Canada Life, and other providers for every enquiry.

What are OneFamily's equity release rates?

Indicative rates in the 5.4%-6.5% AER range (August 2026). Rates change regularly. Live illustrations obtained at enquiry.

Does OneFamily enhance for health conditions?

OneFamily assesses health information and may offer enhanced terms for qualifying conditions. We compare their enhancement against Just and More2Life for health-qualifying cases.

What is OneFamily's minimum equity release amount?

OneFamily's minimum release amount is typically £10,000. The maximum depends on age and property value. We establish the specific amounts available for your circumstances.

Start Your Enquiry

Let's Find Your Best Rate

Fill in the form to get a free quote for your finance requirements. We'll search across our panel of 130+ specialist lenders and respond as quickly as possible to get you the best possible terms.

Call us directly
0204 6211776