See more of the world in your golden years with a lifetime mortgage

Broaden the horizons of your later years and unlock the value of your home to help you quench your wanderlust.

New research has indicated that increasing numbers of the UK’s over-65’s are using their later years to see more of the world. With a 13.7pc increase in the number travelling overseas between 2014 to 2016, they are now the age group most likely to travel.1


However, there has been a shift in attitudes to travel amongst this age group. The traditional retirement holidays spent aboard cruise ships and on golf courses are being replaced by adventure tours. Far from being over the hill, today’s retirees are getting over the mountain!


If you too dream of a retirement spent seeking thrills around the world, then the value of your home could help you realise your ambitions. With a lifetime mortgage, you could unlock a portion of the value of your home as tax-free cash to spend however you wish. Unlike other equity release options, a lifetime mortgage ensures that you retain full home ownership for life. What’s more, there are no required monthly payments to make. This means that your budget could be given an additional boost, allowing you to make the most of your retirement.


Lifetime mortgages are designed to reflect the range of different needs you may have in later life. That’s why there are products that allow you to take your tax-free cash as a lump sum, and others that allow you to create an interest-free reserve to drawdown as and when you need it. As interest only accrues on the cash you actually release, this plan can help mitigate the effects of interest in the long-term. As interest-rates are typically fixed for life, you can also be provided with accurate projections of the costs of your lifetime mortgage.


It is important to note that accessing some of the value of your estate now will reduce the amount available in the future. However, plans are available that allow you to ring-fence a portion of your equity to provide a guaranteed inheritance should you wish. Boosting your disposable income with tax-free cash may also affect your entitlement to means-tested benefits. A financial adviser will be able to provide you with a personalised illustration of the features and risks to you. All plans from lenders approved by the Equity Release Council feature the no-negative equity guarantee, meaning that you cannot owe more than the value of your home or pass on lifetime mortgage debt.


Whether its hiking in the Himalayas, trekking across the Sahara, or exploring the Amazon, unlocking some of the value of your home could help you enjoy a retirement of adventure and fulfilment.


Could equity release help you? Call us now and speak to one of our expert team who will give you all the information you need.

0800 652 2955

1 Financial Times, ‘Travel in Retirement: The Rise of the Older Adventurer’, 21/02/18

Latest News

Equity Release Articles

  • Are You Considering Downsizing to Release Equity?
  • Being the ‘Bank of Mum and Dad’
  • Compare Equity Release Schemes
  • Defy the SPA Extension with an Equity Release Plan
  • Do High Street Banks such as TSB, Natwest and Santander etc., do Equity Release?
  • House Price Increase; Great News for Lifetime Mortgagers, Bad News for First Time Buyer
  • How Do I Release Equity From My Home?
  • How does Equity Release work?
  • How much equity can I release?
  • The Responsible Equity Release Jargon Buster
  • What are the Pros and Cons of Equity Release?
  • What is a Lifetime Mortgage?

  • The savings you never knew you had

    Responsible Equity Release is a trading style of Responsible Life Limited. Responsible Life Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register ( under reference 610205.

    This is a Lifetime mortgage which may reduce the value of your estate and may affect your entitlement to state benefits. To understand the features and risks ask for a personalised illustration.

    Any information contained herein is a personal opinion of the author and should not be considered to be advice of any kind. Inheritance Tax planning is not regulated by the FCA. Think carefully before securing other debts against your home. By consolidating your debts into a mortgage you may be required to pay more over the entire term than you would with your existing debt.

    Only if you choose to proceed and your case completes will Responsible Life Limited charge an advice fee, currently not exceeding £1,490. Our adviser will talk through the setting up costs of a lifetime mortgage before you make any decision to proceed.