1.98% MER Telegraph Equity Release and Retirement Interest Only Mortgages

  • Remove tax-free cash from your house with Telegraph Equity Release
  • No monthly payments or interest-only payments
  • Use the money to help your family
  • Still, have a mortgage? We can help with that
  • Stay living in your property for as long as you like
  • Often used to optimise tax planning

Equity release loan to value?

You can achieve 70% of your home’s valuation. For example, if your house is worth £320,000 you can release £224,000.

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  • Please enter a number from 5000 to 2000000000.
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RIO retirement interest only mortgages for people on a pension

5 Year Chart of 10 Year Interest Rates
5 Year Chart

Homeowner in their 70s

Home equity

Money tied up in home

It’s common to encounter individuals seeking out home reversion schemes, monthly payment lifetime mortgage or home reversion schemes, however, More2Life like AIG Life is keen to see paperwork to show your situation in the form of investment statements.

Equity Release Lenders


  • Bower
  • Stepchange
  • Age Concern

hitachi interest only retirement mortgage


retirement interest-only mortgages fca

Benefits of Equity Release Plans

Often used to optimise tax planning and interest rates can be attractive. Low rate way of helping the family to buy their own home or pay down your credit cards and loans, so you have lower monthly outgoings.

Equity Release LTV

  • 60% home reversion schemes Legal & General
  • 55% loan to value (LTV) monthly payment equity release the Telegraph
  • 40% loan to value home reversion schemes Bridgewater

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat, and if the resident is an AST Tenant.

UK Equity Release Scheme Providers

It is often found to encounter people looking for lump sum lifetime mortgages, lumpsum lifetime mortgages or monthly payment equity release. However, More2Life like Zurich are eager to see paperwork to show your situation in the form of pension statements.

  • Aviva Flexible Voluntary Repayment Plan
  • L&G Legal & General Flexible Lifetime Mortgage
  • TSB Equity Release Schemes
  • Royal Bank of Scotland Equity Release Schemes
  • Saga home reversion schemes
  • Age Partnership Lifetime Mortgage
  • Aviva Flexible Voluntary Repayment Plan
  • HSBC Equity Release Plans
  • More to Life Capital Choice Plus Plan
  • Barclays Interest Only Lifetime Mortgage
  • Age Partnership Lifetime Mortgage
  • Aviva Lifetime Mortgages
  • Bridgewater Equity Release
  • Canada Life Equity Release Plans
  • Liverpool Victoria LV Equity Release Schemes
  • Nationwide Equity Release
  • HSBC Equity Release Plans
  • Barclays Equity Release Plans
  • NatWest Equity Release
  • Royal Bank of Scotland Equity Release Plans
  • Saga home reversion schemes
  • Stonehaven Equity Release
  • TSB Equity Release Plans
  • NatWest Lifetime Mortgage
  • Royal Bank of Scotland Interest Only Lifetime Mortgage
  • More to Life Capital Choice Plan

Money tied up in home

Downsides of Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the inheritance for your family. Home reversion plans may impact the ability to get state benefits. You may need to pay a broker’s fee, and you could have higher rates to pay with some schemes.

Equity Release percentages of your current property value

The more elderly you are and the more serious your illnesses you are, the more cash you can release.