Best Mortgage Group

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Equity Release (Lifetime Mortgages)

Your home is likely your biggest asset — and with an equity release mortgage (lifetime mortgage), you can unlock some of that value to enjoy life today. Whether you want to supplement retirement income, gift money to family, or fund home improvements, we’ll explain everything clearly and make sure it’s right for you.
But even in later life, protection matters. Have you thought about how you (or your loved ones) would cope financially if care costs, illness, or the loss of a partner changed things suddenly?
We help you plan holistically, balancing your current goals with long-term security for you and your family.
Book a confidential chat about your options

What is equity release?

Equity Release allows you to retain home ownership while accessing a lump sum or a steady income stream. Worried about the implications? Rest assured; we ensure a worry-free process that aligns with your unique situation.

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Locations we cover

Primary equity release options

Lifetime Mortgage:

The most popular option is providing flexibility and a lump sum for unexpected costs or future plans. You retain 100% home ownership and can make payments or not, depending on your circumstances.

Home Reversion plans:

Access a portion or the entirety of your property’s equity while still living in it. This plan involves a provider purchasing part or all of your property with a clear understanding of the proportion you’ve parted with and what’s reserved for later use.

Retirement Interest Only mortgage (RIO):

A fixed-term option with a maximum duration of 40 years. Monthly interest payments are made, like a conventional mortgage. This plan is assessed based on your pension income and requires monthly repayment.

Benefits and features:

  • Lifetime mortgages, home reversion plans, and retirement interest only mortgages are regulated by the Financial Conduct Authority (FCA).
  • Plans may impact means-tested benefits and inheritance, but all recommended plans come with a ‘No Negative Equity Guarantee.’
  • Repayment is made when the last borrower enters long-term care or passes away.

Why choose Best Mortgage Group?

Our equity release experts tailor solutions to your needs, providing a clear understanding of the costs and benefits. No pressure, just sound advice. Don’t just take our word for it; see what one of our clients has to say:

"A friend called me yesterday asking if I would attend her Equity Release meeting. Best thing I've done for ages - learned so much about the plans on offer and the costs and benefits. That is good advice with no pressure. Highly recommended." — SM

What people and clients think about us

We cannot thank Ian and the team at Best enough for all their guidance and support in buying our first home. We weren’t sure where to start and the team guided us through the process very smoothly. Couldn't recommend more! Thanks Ian and Team from Charlotte and Ben

Charlotte
Stockport

Ian, Loreta & Lisa WOW what can I say about this dynamic team of professional hard working mortgage advisers who go above and beyond to get the job done. From the start these guys provided an amazing service their friendly, non judgemental approach makes you feel at ease, they were informative & thorough. We both had past adverse credit issues and ccj’ s and certain we wouldn’t get a mortgage but with Ian’s constant reassurance and professional outlook on things together with the girls behind the scenes reviewing every bit of detail they made our dreams come true and we are now homeowners 🙂 We can’t thank you enough for everything you have done to get us to this point! Would I recommend you? HELL YES!!!

Najat
Kent

Ian has helped us with our mortgage twice always so helpful and knowledgeable and really easy to get in contact with! Would always recommend!

Alice
Essex

Ian and Holly had my back throughout the process. They were really helpful and explained everything and were super flexible around my difficult schedule. Thanks guys!

FW
Cheshire

I’ve worked with Ian and his amazing team for the last 10 years. I struggle with mortgages etc so much and they make it all so much easier for me. So personable, and friendly and helpful. One very happy customer! Would recco them to everyone who will listen . so thankful xx

Nicole
Hampstead

Ian and his team couldn’t of made this process any easier for us!! He has been absolutely amazing! The knowledge he has is outstanding and from a first time buyer’s perspective who’s all new to this, I honestly couldn’t of asked for a better person to deal with. He guided me through the whole process, answered calls whenever I rang and made me feel extremely at ease about everything. I would not be a homeowner without him and I couldn’t be more grateful. 5* company with a 5* team. Thank you!!

Zoey
Bottesford

Ready to explore your financial possibilities?

Call us today on 01277 633123 and take the first step towards a worry-

Your home may be repossessed if you do not keep up repayments on your
mortgage.

Equity Release will reduce the value of your estate and can affect your eligibility for means tested benefits.

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