The value of your home, minus any mortgage or loan secured against it, can be described as your "equity".

Lifetime mortgage plans allow you to access this and turn it into cash. If you have a mortgage or loan secured against your property, some of the money you release through a lifetime mortgage must be used to pay this off.

We specialize in providing equity release and lifetime mortgage solutions for clients who are looking to access the equity in their homes.

We understand that equity release can be a complex and sensitive subject, which is why our team of experts have the experience and knowledge to help you find the best equity release options available in the market. We understand that every client is unique, which is why we take the time to get to know you, your needs, and your goals before recommending the right equity release solution for you.

We will also guide you through the application process and assist you in finding the best deal available, and provide you with guidance on legal and tax implications. Our team can provide information on different types of Equity release and Lifetime mortgage products such as:

• Home reversion schemes

• Lifetime mortgages

• Drawdown lifetime mortgages

• Interest-only lifetime mortgages

• Enhanced lifetime mortgages

With our help, you can navigate the equity release market and find a solution that works for you, whether it be for retirement planning, long-term care costs, or other financial needs.

Who can apply?

To apply for our lifetime mortgages you must be at least 55 years of age, a UK resident and own your own home.

Are there any repayments?

With our lifetime mortgages there are no repayments to make.

How is the money paid back?

The money you release is paid back, in addition to any interest that has built-up, when the property is sold. This is usually when you pass away or move into long-term care.

What are the benefits of Pure Retirement Plans?

• Act in a way that ensures the customer is treated fairly and reasonably at all times.

• You continue to own 100% of your home, which means you will benefit fully from any future increase in its value.

• The interest rate is fixed for life.

• The plan is portable so you can move house if you want to, subject to lending criteria and associated costs.

What are the risks of Pure Retirement Plans?

• A lifetime mortgage will affect the amount you leave to love ones when you die.

• A lifetime mortgage could affect your entitlement to means tested benefits and can making moving house in the future more complicated.