To offer even more flexibility to your equity release clients, we have introduced a new cashback option. With retirement constantly changing shape, flexibility is key for your clients in the decision-making process. 

Our product variants will offer 1% cashback and run alongside our existing Lifetime Mortgage Drawdown+ and Lifetime Mortgage Lump Sum+.

Flexible approach to later life lending

• The cashback will be paid in addition to the loan amount so it can boost the maximum funds available to your clients. 
• The cashback can help your clients borrow less without compromising on their financial objectives.
• A ‘cash boost’ your clients can use to pay fees or other associated costs.

Please note your clients will be able to benefit from a cashback option on Lifetime Mortgage Lump Sum+ only if their loan is £50,000 or over.

Remember to check out our new Lifetime Mortgage calculators below to identify the most cost-effective solutions for your clients.