Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
A lifetime mortgage in York is a popular type of equity release product designed for homeowners aged 55 or over.
It allows you to unlock a portion of your property’s value as tax-free cash while retaining ownership of your home and repaying the loan when the property is sold.
There are two main types of lifetime mortgages in York: lump sum and drawdown.
Lump sum lifetime mortgages provide a single, larger payment upfront, ideal for significant expenses or investments.
Drawdown lifetime mortgages, on the other hand, let you access smaller amounts over time, offering flexibility and reducing the interest accrued on unused funds.
Whether a lifetime mortgage in York is right for you depends on your financial needs and long-term plans.
It’s an excellent option for accessing equity while staying in your home, but getting mortgage advice in York can ensure that it aligns with your goals.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £995.
You should always think carefully before securing a loan against your property.
A lifetime mortgage will reduce the value of your estate and may affect your entitlement to means tested benefits.
Clearing existing mortgage with a lifetime mortgage may result in higher cost of borrowing.
Our Customers Love Us
61 5 Star Reviews
Marvin van Schalkwyk
Dan was helpful, professional, and explained every step on our application clearly.
9 Jun 2026
Florence Williams
Very helpful, friendly and efficient team. Thank you for making the whole process as smooth as possible
4 Dec 2025
Loren Kinera
Tom made the entire process easy. He communicated throughout and was very quick! We will definitely be using him again and would recommend to any friends and family.
25 Sep 2025
Sarah
Absolutely brilliant service from Matt and Lizzie - both friendly , efficient and very helpful ! Highly recommend :)
10 Apr 2025
Xander Shooter
Malcolm and Lizzi and the rest of the team have provided first class service. Talking us through the mortgage process and assisting anywhere they could with the house buying world. Two phone calls and two video calls and boom mortgage done leaving no question unanswered. Absolutely brilliant service. Almost looking forward to remortgaging in a few years. 10/10 would recommend to anyone especially first time buyers.
4 Apr 2025
Neil Whitehead
Great service - personable, knowledgeable and efficient.
6 Mar 2025
Coral Berry
Very friendly and helpful staff. Fast completion and made getting our first mortgage much less stressful. Highly recommended!
23 Feb 2025
Katy Town
Brilliant service from Tom and Paula. They always kept us up to date and answered any questions we had. Paula kept things moving and in touch with the mortgage company to make sure everything ran smoothly.
3 Dec 2024
Jack Bowley
Massive thank you Matt Collinson and the UKMoneyMan team. They were the first company we reached out to for mortgage advice, and the warm welcome started right at the start. We've got all the advice and help we needed, and Matt worked with what we had and gave us what we believe to be the best deal possible. He's been absolutely wonderful dealing with and I can recommend his services to anyone who's in need of a mortgage broker. I'd give more stars if I could! Thank you Matt.
25 Nov 2024
Josh Broadbent
Malcolm and Amy are fantastic at what they do. It’s refreshing to deal with such competent & efficient people. Thank you for making the First Time Buyer process that little bit easier! Will recommend to friends & family.
23 Oct 2024
Start your journey with a free initial mortgage appointment to discuss your lifetime mortgage options in York and how they could work for you.
We’ll explore a range of lifetime mortgage options in York to find the most suitable product tailored to your needs and goals.
Once you’ve chosen the right lifetime mortgage in York, we’ll guide you through the application process to ensure it’s straightforward and stress-free.
The final step is completion, where your lifetime mortgage in York is finalised, and you can access the funds to support your retirement plans.
We offer a free initial mortgage appointment to discuss your lifetime mortgage options in York without any obligation.
This personalised session is designed to help you understand your choices and make informed decisions.
Our team explores a wide range of lifetime mortgage options in York to find the most suitable deal for your unique needs.
With access to multiple lenders, we ensure you get the most suitable product available.
We provide a professional yet friendly service to guide you through every stage of your lifetime mortgage in York.
Our goal is to make the process simple, transparent, and stress-free from start to finish.
We’re available 7 days a week to assist with your lifetime mortgage in York, offering support at times that suit your schedule.
Whether you need advice or updates, our team is here to help whenever you need us.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Read our 214 Reviews
Yorkmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Yorkmoneyman 2009–2026
Contact
Follow Us
Yorkmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Yorkmoneyman 2009–2026
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
