New Life Mortgages
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existing customers
complete peace of mind

New Life Mortgages’ Lifetime Mortgage products are only sold through authorised, independent intermediaries, who are regulated, as we are, by the Financial Services Authority. (The FSA is the independent watchdog that is charged with regulating financial services in the UK.)

To find an independent intermediary visit:

The Personal Finance Society

IFA Promotions

existing customers

Flexible Portion interest rates & drawdown request, for product withdrawn 21 Jan 08

The current fixed interest rate for drawings from the Flexible Portion of our  Flexible Lifetime Mortgage, which was withdrawn on 21 January 2008, is currently 6.45% (APR 6.7%).  Alternatively, you can select a variable rate of 2% over Barclays Bank Base Rate, capped at 8.99% (APR 9.4%).

To drawdown funds from the Flexible Portion, please complete our drawdown request form, sign it and return to us - click link below.

Drawings from the Flexible Portion will increase the amount of borrowing secured on your home.


Open Drawdown option interest rates & drawdown request, for product introduced 21 Jan 08

The current fixed interest rate for drawings from the Drawdown Portion of our Flexible Lifetime Mortgage - Open Drawdown option is currently 6.45% (APR 6.7%).

To drawdown funds from the Open Drawdown Portion, please complete our drawdown request form, sign it and return to us - click link below.

Drawings from the Open Drawdown Portion will increase the amount of borrowing secured on your home.

This is a Lifetime Mortgage. To understand the features and risks, ask for a personalised illustration.


Standard Tariff for lifetime mortgage customers


Standard Tariff for investment customers