Blue/White

Information box with a blue and white column like a table

Example

Type of Equity Release plan

How it works

Lifetime Mortgage

You get a lump sum of tax-free cash as a loan, but continue to own your home. The loan is secured against the value of your property, and you’ll pay interest on it which will increase the total amount that needs repaid.

Drawdown Lifetime Mortgage

Just like a Lifetime Mortgage, you get tax-free cash as a loan that’s secured against your property. However, with this type of plan you have more flexibility. You can take the money as and when you like instead of in one big lump sum.

Interest Only Lifetime Mortgage

Just like a normal Lifetime Mortgage, you get a lump sum of tax-free cash and continue to own your home. However, with an Interest Only Lifetime Mortgage you can pay back some of the interest. If you pay back all the interest, the amount you owe will never go up.

Home Reversion Plan

With a Home Reversion Plan, you sell all or part of your property to release money from it. You keep living in your home, and won’t pay any rent to lenders.

Mark-up


<div class="container slb-infobox slb-box-shadow">
    <div class="row">
        <div class="col-6 pt-3 slb-background-blue-pale pb-2">
            <h3>...</h3></div>
        <div class="col-6 slb-background-white pt-3 pl-4 pb-2">
            <h3>...</h3></div>
        <div class="col-12 mt-n1">
            <div class="slb-bb-1 slb-border-grey-alt"></div>
        </div>
    </div>
    <div class="row">
        <div class="col-6 pt-4 slb-background-blue-pale pb-2"><strong class="slb-colour-grey">...</strong></div>
        <div class="col-6 slb-background-white pt-4 pl-4 pb-2">
            <p>...</p>
        </div>
        <div class="col-12 mt-n1">
            <div class="slb-bb-1 slb-border-grey-alt"></div>
        </div>
    </div>
    <div class="row">
        <div class="col-6 pt-4 slb-background-blue-pale pb-2"><strong class="slb-colour-grey">...</strong></div>
        <div class="col-6 slb-background-white pt-4 pl-4 pb-2">
            <p>...</p>
        </div>
        <div class="col-12 mt-n1">
            <div class="slb-bb-1 slb-border-grey-alt"></div>
        </div>
    </div>
    <div class="row">
        <div class="col-6 pt-4 slb-background-blue-pale pb-2"><strong class="slb-colour-grey">...</strong></div>
        <div class="col-6 slb-background-white pt-4 pl-4 pb-2">
            <p>...</p>
        </div>
        <div class="col-12 mt-n1">
            <div class="slb-bb-1 slb-border-grey-alt"></div>
        </div>
    </div>
    <div class="row">
        <div class="col-6 pt-4 pb-3 slb-background-blue-pale"><strong class="slb-colour-grey">...</strong></div>
        <div class="col-6 slb-background-white pt-4 pl-4 pb-3">
            <p>...</p>
        </div>
    </div>
</div>

Dependencies

Information Box
Background Utilities
Colour Utilities