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:

Sam Morrison

Working out of our head office, as our phone-based BDM in Epsom, Sam has a wealth of knowledge regarding our processes and criteria and covers a variety of postcodes across the UK.
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Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services from pensions and investments to mortgages. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.
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Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.
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Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.
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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:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace 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 and West Midlands as well as the Southwest. 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 and the 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:

Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed

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