It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
For those aged 55 and over, a lifetime mortgage in Harrogate offers a practical way to tap into the value of your home while continuing to live there.
A lifetime mortgage is a type of equity release product that can provide the financial boost needed to enjoy retirement on your terms, whether that means funding renovations, travel, or personal projects.
With a lifetime mortgage, you’ll retain full ownership of your home, and they are available on both freehold and leasehold properties.
Our skilled mortgage advisors in Harrogate will help you understand your options and connect you with a suitable lender.
For a lifetime mortgage, those aged 55 and above in Halifax can choose between two main types of lifetime mortgages. Lump sum lifetime mortgages offer a single payment, perfect for covering large expenses, while drawdown lifetime mortgages provide flexibility for accessing smaller amounts as needed.
As a trusted mortgage broker in Halifax, we often suggest lifetime mortgages if you’re considering:
As providers of lifetime mortgage advice in Halifax, we often assist older borrowers who use these products to purchase a property. Common reasons include:
If a lifetime mortgage isn’t suitable, we’ll explore alternative mortgage options for the over-50s in Halifax to ensure your needs are met.
Yes, a lifetime mortgage can help those aged 55 and over fund a move to a new property.
This option is often chosen by individuals downsizing, relocating to Halifax to be closer to family, or buying a property that better suits their lifestyle or accessibility needs.
By releasing equity, you can cover moving costs while retaining ownership of your new property.
A mortgage broker in Halifax can guide you through the process and help you find a plan that aligns with your financial goals.
No, you’re not permanently tied to a lifetime mortgage.
Many plans offer flexibility, including voluntary repayments to reduce the balance or remortgaging options if a new product better suits your needs.
Regular reviews with a mortgage broker in Halifax can ensure your plan remains aligned with your long-term goals and changing circumstances.
As well as speaking with your later life mortgage advisor about whether equity release, and subsequently a lifetime mortgage, is right for you, it’s worth taking the time to consider any additional arrangements for the future.
There are several over 50’s life insurance policies available from our team that, if suitable for your circumstances, can help offset the cost of a lifetime mortgage over the life policy term.
We would also recommend discussing your lifetime mortgage plans with your family, updating your will, and setting up arrangements for any lasting powers of attorney.
These steps are important, as it is often your family, either as beneficiaries after your death or as attorneys should your mental capacity become impaired, who will be involved in selling the property to repay the lifetime mortgage.
Proper planning now not only ensures a smoother process for your loved ones later but can also make things more cost-effective in the long run.
Our Customers Love Us
4.97 Rating451 Reviews
Anonymous
I work in an industry that usually has fixed-term contracts so my getting a mortgage from high-street lenders was not straightforward. The broker was very helpful in going through the paperwork and successfully found me a mortgage for my first flat....
1 hour ago
Daniel
Everything is explained to you clearly and the staff are willing to help in anyway they can! Will definitely re use in the future
2 hours ago
Val
Connor and Stacey did a brilliant job from start to finish. From initial consultation to chasing others, nothing was too much trouble and they kept us informed at every stage. I would definitely use them again. Great job!
5 days ago
Carol
I cannot speak highly enough of our Moneyman mortgage advisor...WAYNE DEWSBURY.In our opinion, he has gone above and beyond to find us the most suitable product for our circumstances.He has been FANTASTC. He has kept us informed at all times and...
5 days ago
Chris
I am very pleased with the service provided. Wayne and Stacey M went above and beyond to secure the financial assistance I required and secured the best option for myself ,I would highly recommend this company as you are kept well informed every...
5 days ago
Anonymous
My experience with uk money man was excellent , other dan and Johnathan explained everything fully every step of the way and we’re extremely patient with me especially when I wasn’t sure I was doing the right thing, allowing me to think about...
6 days ago
Anonymous
Malcom and his team have been excellent, went above and beyond in helping us secure our very first mortgage. Brilliant communication throughout always checking in, would highly recommend. Thanks again!! J & G!
1 week ago
Stephen
Excellent company, easy to work with, extremely helpful, nothing was to much trouble. Very professional, kept us regularly up-to-date so never had to worry what was happening, they went above and beyond. Special thank you to Jonathan and Dan who...
1 week ago
Nina
I am really happy with the service I’ve received. They have been very professional, courteous, friendly, approachable and I’ve really appreciated the ongoing updates and check ins. I would highly recommend.
1 week ago
Truc
We approached UK Moneyman for advice about staying in our own home. The service we received was excellent, especially from Dan Osman and Jonathan. The product was just what we were looking for and the process went through without a hitch, with the...
1 week ago
Michael
Both Charlie and Paula have been fantastic throughout this whole process. In the ball and proactive with everything we needed so really speeded up the whole process for us in getting us the best possible rate and lender for our mortgage....
1 week ago
Matthew
Both Charlie & Stacey helped me get my mortgage over the line in a very short timeframe. They were both excellent, explaining things very well & clearly had my best interests at heart. They set me up with the best, competitive rates available that...
1 week ago
Robert
I found their service very thorough and completely professional at all stages of the process. The product that was offered was suitable and competitive. All of their representatives were extremely helpful and concise. Thoroughly recommended. 5...
2 weeks ago
Veronica
Excellent all the way.
2 weeks ago
Anonymous
Very good service excellent all the way through. Very understanding and polite.
2 weeks ago
Anonymous
Didn't take long to get an offer, everything explained. This is a great team of people. Highly recommended!!!
2 weeks ago
Chardae
We recently worked with UK Moneyman to secure a mortgage for our new property and couldn’t be happier with the experience. Charlie and Paula were exceptional—knowledgeable, attentive, and always ready to address any concerns we had. They...
2 weeks ago
Mark
Moneyman took the stress out of renewing our mortgage at the end of a fixed rate deal. They were very attentive and gave clear and honest advice, we can’t thank them enough.
2 weeks ago
Anonymous
Excellent service from a professional team
3 weeks ago
Rosie
Very quick and easy, Matt was a pleasure to work with
3 weeks ago
We start with a free lifetime mortgage appointment in Halifax with one of our experienced mortgage advisors in Halifax. This no-obligation session is an opportunity to discuss your financial goals and explore whether a lifetime mortgage is the right option for you. With expert mortgage advice in Halifax tailored to your circumstances, we’ll help you make an informed decision about your future.
Equity release may not always be the best solution, and as a trusted mortgage broker in Halifax, we’ll help you evaluate all possible alternatives. Whether it’s downsizing, using savings, or exploring other financial products, our impartial mortgage advice in Halifax ensures you choose the option that best fits your needs and goals.
We understand that deciding on a lifetime mortgage is a big decision, and we recommend discussing your plans with trusted individuals such as family members. Open communication ensures everyone understands the potential impacts. Our mortgage advisors in Halifax are available to support these discussions, providing clarity and helping everyone feel confident about the decision.
After a thorough assessment of your situation and consideration of all alternatives, we’ll provide a tailored lifetime mortgage recommendation. As a trusted mortgage broker in Halifax, we focus on matching you with the most suitable lender and product to meet your financial goals. Our mortgage advisors in Halifax will guide you through the entire process, ensuring it’s straightforward and transparent.
Our mortgage advisors in Halifax provide a free mortgage review to help you explore your options and make informed decisions about your future. This no-obligation consultation offers personalised mortgage advice in Halifax, whether you’re considering a lifetime mortgage or exploring other financial products.
As a trusted mortgage broker in Halifax, we compare a variety of lenders to find the perfect deal for you. Whether you’re looking for specific features or the best rates, we’ll ensure the solution fits your financial goals and lifestyle.
We pride ourselves on delivering excellent service from start to finish. Our mortgage advisors in Halifax are here to guide you through every step of the process, offering clear and honest advice to make your experience as stress-free as possible.
We understand how busy life can be, which is why our mortgage advisors in Halifax are available seven days a week. Whether you need mortgage advice in Halifax during the week or on the weekend, we’re here to support you at a time that suits your schedule.
For those aged 55 and over, a lifetime mortgage can provide a reliable way to supplement retirement income, ensuring financial freedom and stability.
Accessing equity in your property can help with daily expenses, unexpected costs, or enjoying your hobbies and leisure time.
Trusted mortgage advice in Halifax ensures you find a product that supports your financial goals.
A lifetime mortgage is often used by those aged 55 and over to assist family members with financial needs.
Whether helping a child with a house deposit or contributing to education costs, this option allows you to release equity while retaining ownership of your property.
Our mortgage advisors in Halifax offer expert guidance to make the process straightforward and beneficial.
Lifetime mortgages are a popular choice for those aged 55 and over wanting to fund home improvements.
From upgrading kitchens and bathrooms to adapting the home for accessibility, this option allows you to create a space that suits your needs while staying in your property.
A mortgage broker in Halifax can guide you toward the best solution to fund your project effectively.
Read our 451 Reviews
Halifaxmoneyman.com & Halifaxmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
Contact
Follow Us
Halifaxmoneyman.com & Halifaxmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
Speak to an Advisor – It’s Free!
7 Days a Week, 8am – 10pm
