Over 55 later life lending to help with regular bills

Regular income can fall in retirement, making living costs daunting in times of economic uncertainty. Over 55 equity release can help pay regular bills to give you financial peace of mind

Whether it’s rising inflation rates, a loss of income in retirement or keeping up with energy bills, the prospect of not being able to afford comfort in retirement can have a resounding effect on your quality of life – especially when there are no other financial options available.
An equity release scheme, such as a Lifetime Mortgage, Home Reversion or Retirement Interest Only mortgage (RIO), could be a solution. Received either as a lump sum or through regular payments, it can help homeowners over 55 manage their cashflow and have peace of mind that bills are covered.
Worried about unexpected costs? You can also opt for a drawdown facility as a safety net – so you are always prepared for whatever may come in later life.

Over 55 later life lending to help with regular bills

Regular income can fall in retirement, making living costs daunting in times of economic uncertainty. Over 55 equity release can help pay regular bills to give you financial peace of mind

Whether it’s rising inflation rates, a loss of income in retirement or keeping up with energy bills, the prospect of not being able to afford comfort in retirement can have a resounding effect on your quality of life – especially when there are no other financial options available.
An equity release scheme, such as a Lifetime Mortgage, Home Reversion or Retirement Interest Only mortgage (RIO), could be a solution. Received either as a lump sum or through regular payments, it can help homeowners over 55 manage their cashflow and have peace of mind that bills are covered.
Worried about unexpected costs? You can also opt for a drawdown facility as a safety net – so you are always prepared for whatever may come in later life.

How equity release can help

Later life lending schemes can help to support the payment of:

If you’d like to find out more about how our tax-free equity release products can help to finance regular bills and cost of living pressures, book an initial, no-obligation consultation to speak to one of our specialist advisers today.

“We consulted 55Plus when we were thinking of taking out an equity release mortgage to ease our finances in retirement. We were so impressed by how they looked after us.
My husband and I are both of retiring age, and we wanted to have a little bit of money in store to make our retirement a bit easier, and – after reading a lot about it – we thought that an equity release mortgage would be the best way of doing it. We were recommended 55Plus, and we’re so glad we used them.
Having the equity relief mortgage in place is a tremendous relief. We’ve had quite a good life and have spent our money as we went along. By the time we got to this stage, I didn’t want to sit around not putting on the lights because we can’t afford it. I can’t praise 55Plus highly enough and am happy to recommend them to anyone thinking about their finances at this stage of life.”

Linda Skipsey

Successful over 55 equity release mortgage applicants

Gravesend, Kent

How much could you borrow?

Our property value guide will help you understand how much you may be able to borrow.
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