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Our Retirement Lifestyle Booster mortgage could help your older clients

20 Mar 2019

Do you have any clients aged 60 and over who want to make the most of retirement and achieve some long held ambitions, but don't want a 'traditional' equity release product? 

Our Retirement Lifestyle Booster mortgage is a real alternative to equity release.

It is a 10 year interest-only standard mortgage (not even a RIO) that gives your clients regular monthly advances and an optional lump sum. This money can be used for house improvements, holidays and new experiences as well as supporting children and grandchildren with a home purchase, for example. 

The Retirement Lifestyle Booster mortgage is available for borrowers aged 60 to 79 at age of application.

To find out how much your clients may be eligible to borrow, please check our Retirement Lifestyle Booster calculator.

What are the unique features?

Monthly Advances
Fixed monthly advances - a regular fixed monthly payment for 10 years, unless your client wants to stop earlier.

Optional Lump Sum
Optional lump sum available at the start of the mortgage.

Repayments
Variable monthly repayments for the 'average' interest due over the 10 years of the loan.

10 Year Duration
10 year term on a discounted variable rate.

For more information on our Retirement Lifestyle Booster mortgage or any of our other mortgage products, please visit our website or contact your local BDM.

Use this case study with your clients to show how the Retirement Lifestyle Booster mortgage can help make retirement easier.

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan was previously a mortgage and protection adviser, and focuses on Essex and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Charlotte Grimshaw

Charlotte has a background working with intermediaries within the Building Society sector and focuses around the West M25 area. Contact Charlotte for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East & West Midlands. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire & North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

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