Use the FREE Monthly Income Calculator

See how much cash you can release from your home.

Equity Release

What are the Benefits?

About the Providers We Compare

Use the FREE Monthly Income Calculator

See how much cash you can get from your home.​

Equity Release Calculator

Value Of Your Home?


(Drag the Slider)

0

We Hate Spam as Much as You. 100% Secure.

Did You Know? Every 12 minutes a homeowner over 55 in the UK unlocks £91,667 tax-free cash.

Want To Chat?

Chat with an Expert

* We’ll get one to give you a call.

John Lawson
John Lawson
Last Updated: 25 Sep 2020
(Rated from 466 reviews)

Have you been having migraines thinking of ways to supplement your meagre income? Did you just retire but aren’t confident about your pension fund1 (you probably didn’t save up enough)?

Well, worry no more because, with the income lifetime mortgage, you can get that extra capital you need to help you fund the home improvement project, buy out your spouse after the nasty divorce you’ve had or even pay off the stacked up bills that have been staring at you.

The income lifetime mortgage is typically a lifetime mortgage plan that allows homeowners aged 55 to receive a monthly income from the capital tied up in their estates. Unlike with most equity release mortgages2, the income lifetime mortgage enables you to borrow lump sums3 of cash.

Moreover, the income mortgage schemes enable you to draw a fixed income from your estate’s market value over various periods. You either choose to get the tax-free cash over 10, 15, 20 or 25 years.

If you don’t necessarily require a considerable amount of capital to pay off your mortgage or pay for that ticket to Maui, and would prefer the security of having monthly income paid into your bank, then an income lifetime mortgage is your best option.

So, how does one figure out the amount they can get from an income mortgage plan? Well, you can do so by using the monthly income calculator and here’s a comprehensive guide on it.

Our Most Commonly Asked Questions

What’s the Income Lifetime Mortgage?
How Much Do You Qualify for with the Income Mortgage Calculator?
How Does the Income Lifetime Mortgage Work?
How Do You Qualify for the Monthly Income Mortgage Plan?
How Do You Use the Monthly Income Calculator?

Are You Ready to

See How Much You Can Release?

SovereignBoss.co.uk is a marketplace connecting people with mortgage firms. Accordingly, SovereignBoss.co.uk does not provide quotes or sell products directly to consumers and is not a licensed agent or broker.

Request a Call Back

Equity Release Call Back
✋Please check your details are 100% correct.

🥇 We Hate Spam as Much as You. 100% Secure.

International investments

GET IN TOUCH

We would be happy to help and advise if you have any questions or enquiries.​
Contact Us
reCAPTCHA

🥇 We Hate Spam as Much as You. 100% Secure.