Interest Only Equity Release Rates Compared

‍Are you a homeowner over the age of 55 and thinking about equity release but wish to pay interest on the loan?

Below is a list comparing the most competitive rates available from market leading lenders for interest only equity release plans. With these mortgages there is flexibility around interest payments to reduce the size of the loan.

To view features of the product, check your eligibility and find out how much tax-free cash you could release, click 'More Info'.

If your enquiry is more general, click on 'Ask An Adviser' at the top of the page to get a no obligation response to your question.

Provider

Product

Fixed Rate (MER)*

J1 Green IO

6.15

More Info

Optional Payment 4

6.46

More Info

Last updated:

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Have an existing lifetime mortgage plan and you'd like to switch to a lower rate?

‍Click here to send a qualified equity release specialist your question.

The products shown are lifetime mortgages. Drawdown lifetime mortgages allow you to take an initial lump sum with a pre-authorised amount that can be accessed whenever required. Other retirement mortgage products are be available from our trusted advisor partners. Rates shown are Monthly Equivalent Rate and shows interest over the year but divided over every month.
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* Monthly equivalent rate (MER). Rates shown are subject to terms and conditions. Rates are absolute lowest available on the plan stated. Enquire for more details and to find out if you and your property could be eligible for the rate. No obligation or pressure to go ahead and no up-front costs.

Lifetime Mortgage Rates is a trading style of Greywood Digital Ltd and is a non-advised business, that connects you to Financial Conduct Authority Regulated mortgage specialists who are approved to give advice for these products.

This is a marketing website which acts as an information source for consumers interested in these products from lenders who offer specialist mortgages for later life, allowing you to compare the best rates from the UK's leading equity release providers.

Would you like an idea of the maximum loan? Then use this Lifetime Mortgage Calculator. Lifetime Mortgage Rates are not authorised to give advice and we are not liable for any advice provided by, or obtained through a third party. To understand the features and risks, ask for a personalised illustration.

The information published on this website is for information purposes only.

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