Compare deals

Our equity release comparison service helps you make an informed choice into which equity release schemes offer the best deals in the UK market.
Our Interest Only Lifetime Mortgage deals help protect your beneficiaries inheritance by repayment of some, or all of the interest.

Our Interest Only Lifetime Mortgage deals help protect your beneficiaries inheritance by repayment of some, or all of the interest.

Lender Product Name Type APR Incentive Get Quote More Info  
Hodge Indexed Lifetime Mortgage
3.47%
Variable
3.69%
 
OneFamily Interest Payment Lite
3.50%
Variable
3.70%
 
Aviva Lifestyle Flexi Mortgage
3.96%
Fixed
4.00%
 
More2Life Flexi Choice Drawdown Lite
3.84%
Fixed
4.03%
 
Pure Retirement Classic Drawdown Lite
3.84%
Fixed
4.03%
 
Hodge Lifetime - Retirement Mortgage
3.79%
Fixed
4.10%
 
OneFamily - Voluntary Payment Lite
3.99%
Variable
4.20%
 
OneFamily - Voluntary Payment Standard
4.19%
Variable
4.40%
 
Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges
4.21%
Fixed
4.50%
 
Aviva Lump Sum Max
4.97%
Fixed
5.00%
 
Retirement Advantage - Interest Select Gold Plan
5.36%
Fixed
5.70%
 
OneFamily - Voluntary Payment Lite
5.65%
Fixed
5.95%
 
OneFamily - Voluntary Payment Standard
5.84%
Fixed
6.05%
 

Interest only mortgages exist in two formats; over a fixed term or an interest only lifetime mortgage basis.

For those who dislike the compounding interest effect of traditional equity release plans, the interest only mortgage provides a great alternative.
Interest only mortgages allow people to maintain a level balance by repayment of the interest charged on a monthly basis.
An interest only lifetime mortgage is usually selected by those who have a good disposable income and wish to protect their inheritance.

If you have any questions on any of these deals, or wish to speak to an equity release adviser please call Freephone 0800 678 5159.



Details are based on an example of a 65 year old male releasing £50,000 from a property value of £250,000. The plan is available subject to provider criteria.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.