Underwriting and lifetime mortgages
Some of your clients may need to access the maximum possible share of the money locked up in their home as a lump sum.
By applying our underwriting expertise, we can help them release more with our Enhanced Lump Sum Plus Lifetime Mortgage. Taking into account over 1500 medical and lifestyle conditions (alone or in combination), means that we can potentially offer your clients the option to borrow a greater sum.
Please note that the interest rate on our Lump Sum Plus Lifetime Mortgage is usually higher than the rate charged under our Drawdown product. Clients can borrow a higher amount with the Lump Sum Plus product, which could be invaluable if they need access to the money – but the value of their mortgage will be higher than an equivalent Drawdown Lifetime Mortgage product at the time it is repaid.