Lump Sum Lifetime Mortgages

Our range of Lump Sum Lifetime Mortgages provide your customers with a one-off lump sum payment, fixed and variable interest rates, fixed ERCs and flexible payment options, such as the ability to make voluntary payments

RATE REDUCED AND CASHBACK INCLUDED

Super LTV - Fixed rate Now at 6.09% MER

Our Super LTV

Supports customers who are looking to release more equity from their homes
Provides customers with a one-off lump sum at a fixed rate of interest, with higher loan-to-values (LTVs) than our other lifetime mortgage products

Key features
LTVs 40.5% - 58.5%	Cashback available? Yes, at 2%
Customer age range 65-100	No Negative Equity Guarantee
Loan sizes £20,000 - £1m	Geographical availability England and Wales
Rate types Fixed	Payment options Interest Roll-up with Voluntary Payment

Key documents

Product Overview

Lending Policy

Super LTV Cashback Guide

Additional Information

Land with property
Consider up to 25 acres with valuations based on 5 acres

Leasehold
155 Year minus the age of youngest customer (or 75 years if higher)

Properties near commercial premises
Consider above or adjacent

ERC calculation
Based on the lower of the initial loan amount and the outstanding balance

ERCs profile

Year	1	2	3	4	5	6	7	8
ERC	6%	6%	6%	5%	4%	3%	2%	1%

Downsizing Protection
After five years ERCs will be waived if redemption is due to downsizing

Need to speak to one of our team?
Email us at [email protected] or call on 0800 802 1645* Option 2

Lite & Standard LTV - Fixed Rate

Our Lite & Standard

Provides your customer with a one-off lump sum at a fixed rate
Offer two levels of loan-to-values (LTVs) – Lite (starting at 13.5%) and Standard (starting at 17%)

Produce KFI

Key features
LTVs 13.5-47%	No Negative Equity Guarantee
Customer age range 55-85	Geographical availability England, Wales and Scotland
Loan sizes £20,000 - £1m	Payment options Interest Roll-up with Voluntary Payment Interest Payment
Rate types Fixed

Key Documents

Product Overview

Lending Policy

Additional Information

Land with property
Maximum of 5 acres

Leasehold
Not accepted

Properties near commercial premises
Consider adjacent

ERC calculation
Based on the lower of the initial loan amount and the outstanding balance

ERCs profile

Year	1	2	3	4	5	6	7	8	9	10
ERC	8%	8%	8%	7%	6%	5%	4%	3%	2%	1%

Downsizing Protection
After five years ERCs will be waived if redemption is due to downsizing

Need to speak to one of our team?
Email us at [email protected] or call on 0800 802 1645* Option 2

Variable Rate

Our Variable Rate

Tracks the Consumer Price Index (CPI) for the life of the mortgage
Offers two levels of loan-to-values (LTVs) – Lite (starting at 13.5%) and Standard (starting at 17%)

Produce KFI

Key features
LTVs 13.5-47%	No Negative Equity Guarantee
Customer age range 55-85	Geographical availability England, Wales and Scotland
Loan sizes £20,000 - £1m	Payment options Interest Roll-up with Voluntary Payment
Rate types Variable

Key Documents

Interest Roll-up with Voluntary Payment option At a Glance Guide

Lending Policy

Variable capped rates - How does it work?

Additional Information

Land with property
Maximum of 5 acres

Leasehold
Not accepted

Properties near commercial premises
Consider adjacent

ERC calculation
Based on the lower of the initial loan amount and the outstanding balance

ERCs profile

Year	1	2	3	4	5	6	7	8
ERC	8%	7%	6%	5%	4%	3%	2%	1%

Downsizing Protection
After five years ERCs will be waived if redemption is due to downsizing

Need to speak to one of our team?
Email us at [email protected] or call on 0800 802 1645* Option 2

Lifetime Mortgages Key Documents

Interest Rates and LTV Table

Cashback Guide

Lending Policy

View all documents

Early Repayment Charges

Additional Borrowing

Tariff of Charges

Knowledge Hub

Later life lending myths

£3 billion is currently loaned with equity release annually, but according to our survey of advisers there are still some pervasive myths out there.

Read article

How to get into equity release

More and more people are turning to equity release to fund their retirement lifestyle, support with day to day living or help younger family members onto the property ladder.

Read article

How are parents financially supporting their grown-up children?

More and more parents are financially supporting their children for longer, with some even helping the get a first foot on the property ladder.

Read article

Helping customers with interest-only mortgages

Our research found that 28 percent of mortgage borrowers aged 55 plus have an interest-only mortgage.

Read article

See all articles

Adviser Toolkit

Lifetime Mortgage Calculator

Show your customer the maximum loan amount they could be eligible for (based on our Standard LTVs).

Webinar & Events Calendar

View all of our up and coming events including our own OneFamily webinars.

Our Guide to Lifetime Mortgages

A consumer guide to our Lifetime Mortgage products. Please share this with your customers to help them consider how a Lifetime Mortgage from OneFamily could be right for them and what options and products are available

Our Lifetime Mortgages FAQs

View our most frequently asked questions from intermediaries.