Logo

Menu

Interest Roll-up

A lifetime mortgage which provides your client with a one off lump sum. No payments are due, and instead, the interest is added to the loan each month for the life of the loan.

Repayment of the loan (and accrued interest and charges) is repaid typically when your client dies or moves into long term care.

To open an Interest Roll-up Lifetime Mortgage for your client, login or register using the links below.

Login »

Register »

 

 

Who could it be suitable for?

Clients who:

  • Want to take a set lump sum
  • Understand and are comfortable with the impact of interest roll-up
  • Have no family concerns about their inheritance
  • Looking to mitigate inheritance tax
  • Want to discharge outstanding debts carried into retirement but do not have the ability or do not wish to make any monthly interest payments.

Calculator icon

Lifetime Mortgage Calculator

Use our calculator to show your client the maximum loan amount they can get with our interest rates

Calculate

Current interest rates

FIXED RATES Lite LTV Standard LTV
Monthly Interest Rate (MER) 4.89% 5.65%
Annual Interest Rate (AER) 5.00% 5.80%
CURRENT VARIABLE RATES Lite LTV Standard LTV
Monthly Interest Rate (MER) 5.50% 5.70%
Annual Interest Rate (AER) 5.64% 5.85%
2-YEAR FIXED RATES
(until 30 November 2020)
Lite LTV Standard LTV
Monthly Interest Rate (MER) 3.90% 4.20%
Annual Interest Rate (AER) 3.97% 4.28%

Voluntary Payment

Our Lump Sum Voluntary Payment Lifetime Mortgage allows your client to repay 10% of the initial loan amount each year, without incurring an early repayment charge.

Interest Payment

Our Lump Sum Interest Payment Lifetime Mortgage is specifically designed to allow your client to repay some or all of the interest each month, for a period of their choice.

LOGIN OR REGISTER +

Login to apply or register to sell a OneFamily lifetime mortgage.

Login / Register