new life product range
Lifetime Mortgages - Available from age 55
New Life Gold - offers amongst the highest LTVs available in the market and has proven popular with clients wishing to maximise the cash they can release from their homes.
New Life Virtual Gold - carries slightly lower LTVs but also a slightly lower interest rate.
Flexible Lifetime Mortgages - give the option of a drawdown portion to be taken either as 10 fixed annual instalments (our Fixed Drawdown Option) or on a completely flexible basis at the customer's discretion over a 10 year period (our Open Drawdown Option).
Second Home Lifetime Mortgages - enables people with second homes for their own use to release equity instead of, or in addition to, using their principal residence. As with all of our other lifetime mortgages, this product is regulated and is SHIP compliant.
Buy to Let and Holiday Home Loans - Available from age 55
Landlord Loan and Holiday Home Loans - provide opportunities for property investors to release equity from their Buy to Let and Holiday Let properties without involving the principal residence.
Please note that the Landlord Loan and Holiday Home Loan are NOT regulated by the FSA therefore the SHIP Code of Practice cannot apply but they are still non-serviced and do carry a no negative equity guarantee. Please ask if you require any further details.