ANNOUNCEMENT: Royal London confirms acquisition of Responsible Life and Responsible Lending - Find out more

Compare the options to unlock your property wealth

Equity release with a Lifetime Mortgage is not the only way to unlock value from your home. There are other products and options available to help you achieve your goals, including the option of doing nothing! Your Responsible Life adviser will compare all options to give you a clear recommendation on the right choice for you and your family.

Other ways to unlock your property wealth

Retirement Interest-Only Mortgages
A Retirement Interest-Only Mortgage is available to homeowners over the age of 55. You can borrow a tax-free sum from your home and only pay the interest each month. The full amount is then repaid when you pass away or enter long-term care.
Traditional mortgages
Being over the age of 55 won’t stop you from getting a mortgage. For some homeowners, a traditional mortgage could be suitable. With options ranging from capital repayment and interest-only, to a mixture of the two, you can be empowered to achieve your goals.
Borrowing from your home’s value isn’t the right choice for everyone. You might be considering a move to a smaller home with lower costs and release equity that way. Consider the financial as well as emotional costs when thinking of this option.
Releasing equity with a Lifetime Mortgage will reduce the value of your estate and could affect your entitlement to means-tested benefits. If you miss a payment with a Retirement Interest-Only or traditional mortgage, your home may be at risk of repossession as a result.
Person in the kitchen listening to music through headphones

Borrowing in later life

Borrowing options for homeowners over the age of 55 are increasing. Lifetime Mortgages, Retirement Interest-Only Mortgages, and even traditional mortgages could be available. With several options that you could choose from, why not use our free online calculator today? It will show you how much you could release with a Lifetime Mortgage and put you in touch with our friendly Information Team.

Calculate now

Our products

We have carefully chosen a variety of Lifetime Mortgage products that will let you enjoy the benefits of flexible borrowing. These products are designed to give you and your family the best value, both now and in the future.

At Responsible Life, we will help you to find the best solution to unlock your property wealth. Many of our customers choose a Lifetime Mortgage, but we will also assess whether other options are suitable, such as Retirement Interest-Only Mortgages and traditional mortgages, and can provide access to them should they better suit your needs.

Learn more

Frequently asked questions

If you have further questions about equity release, you can visit our page of frequently asked questions. There you will find answers to some of the most common questions that our customers have. We hope that this page will provide you with useful information and guidance.