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Lifetime Mortgage Broker Manchester

Unlock the Value of Your Home with a Lifetime Mortgage

Are you over 55 and looking to access the equity tied up in your home without the need to move? A lifetime mortgage could be the ideal solution. It allows you to release tax-free cash from your property to use as you wish – whether it’s for home improvements, helping family members, or enhancing your retirement lifestyle. Our expert advisors are here to guide you through the process, ensuring you get the best deal tailored to your needs, all with 100% fee-free service.

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What is a Lifetime Mortgage?

A lifetime mortgage is a financial solution designed for homeowners aged 55 and over. It allows you to unlock the value of your property through a secured loan against your primary residence while you continue to retain full ownership of your home, whether it’s freehold or leasehold.

With a lifetime mortgage, you can release equity from your home in a way that suits your needs. This could be through a tax-free lump sum or smaller, regular payments to supplement your income. It can also provide the flexibility to use the funds for purchasing a new home or settling any existing mortgage debt.

Our expert advisors will guide you through the entire process, offering tailored advice to ensure you get the right product to match your unique needs and circumstances as you navigate later-life financial planning.


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Getting a Lifetime Mortgage for Equity Release

A lifetime mortgage is a flexible way for homeowners aged 55 and over to release equity from their property without selling or moving. It allows you to access tax-free cash as a lump sum, regular payments, or a combination of both, giving you the financial freedom to enhance your retirement. You maintain full home ownership, with the loan and interest typically repaid from the property’s sale when you pass away or move into long-term care.

Equity release through a lifetime mortgage is a great solution for those looking to unlock their home’s value and enjoy more of their retirement. Our expert advisors will guide you through your options to ensure the best solution.

Contact us today. 8am – 10pm
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0161 710 2587

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Using a Lifetime Mortgage to Purchase a New Home

For individuals aged 55 and above, a lifetime mortgage can be an effective way to purchase a new home, with the loan secured against the newly acquired property. This option allows buyers to invest in a property beyond their budget through traditional financing methods, offering greater flexibility in choosing a home that better suits their lifestyle or needs.

Many people choose this route for various reasons, including moving closer to family, relocating to a more desirable or expensive area, or even buying a new home after a later-life divorce or separation. It also allows first-time buyers over 55 or partners to move in together to secure the home they want without the financial constraints of a significant upfront investment.

With this approach, borrowers often have the option of making voluntary monthly payments to help manage the loan, but they’re not required to do so. This flexibility makes lifetime mortgages appealing for those looking to settle into a new home during retirement while maintaining financial security.

  • Aaron was fantastic. We had a few highs and lows in our house buying process and he guided us through the issues expertly and was always on hand to answer our queries or calm our nerves! He went the extra mile for us and we really appreciate it. Thanks Aaron!.

    Liz Lawson
  • I found Aaron at Search Mortgage Solutions extremely helpful and a necessity in sourcing a remortgage and new mortgage. I find all of the legal vocabulary very confusing, so having Aaron break it all down for me and go through the different options made it manageable. Quick, efficient and easy. I would highly recommend this company..

    Cathy
  • I cannot recommend David and Search Mortgage Solutions highly enough, the service was exceptional throughout the whole mortgage process. I work away a lot and found it difficult to arrange an appointment with lenders, but David came to see us on a Sunday night to go through the initial application and always had time to answer any subsequent queries and keep us up to date. I felt confident that the whole team were giving us the very best service they could, and they could be relied upon to chase the application on our behalf and to deal with queries from the lender to take as much hassle away from us as possible. I would recommend to all of my friends and colleagues, and we’ll be back in 3 years for the renewal!.

    Adrian
  • I have been extremely happy with your assistance in helping us find and apply for our mortgage. You have always promptly responded to any questions I have had along the way and been clear and concise with all the information you have provided. You have made everything much smoother and easier to understand than I ever thought possible! Vicky Hayward you are a star – you go above and beyond I’m sure. You do a fabulous job and I will definitely be recommending you..

    Kay & Chris
  • Search Mortgage Solutions were recommended to me by a work colleague who had said they had been very helpful with the purchase of her first home and she wasn’t wrong! I didn’t really understand how the whole mortgage process worked as I was a first-time buyer, but David was excellent at explaining the process and he was very helpful and friendly. He was always prompt at replying and always kept us up to date with progress, he even sorted our life insurance too. The whole process was made simple and so stress-free and I would highly recommend David and the Search Mortgage Solutions team to friends and family. Thank you so much!!.

    Stephanie
  • This is the second time that I have used Search Mortgage Solutions and once again I’ve been very impressed. My advisor went out of his way to do additional research by talking directly to a series of underwriters and offered me a range of advice about how to increase my ability to borrow. The service has been friendly and efficient and, in terms of the product secured, got me exactly what I need. I’ll be recommending SMS to any friends who need a mortgage broker..

    Chris
  • I have used Search Mortgage Solutions twice now in the last 2 years, first when my wife and I purchased our first home, we had received so many knock backs from other brokers saying it wasn’t feasible yet David was excellent he searched the market effortlessly and worked hard to get us a deal which we could afford. Always kept us up to date with progress and even sorted our life insurance too. Therefore I had no hesitation returning when our fixed period was up to remortgage to a better deal which was taken care of swiftly. I have already recommended David and Search Mortgage Solutions to friends and family and will continue to do so..

    Neil
  • I just wanted to drop you a quick line to say thank you so much for all your help with the mortgage. As first time buyers you made the whole process extremely simple and stress free and we cannot thank you enough for all your assistance. Feel free to post this review on any websites you use. Thanks again for everything!! Thanks..

    Anne Marie
  • Search Mortgage Solutions where very courteous and prompt in all correspondence, further providing all necessary information in easy to access files that could be accessed via PC or mobile phone. When we agreed upon a new mortgage quote, Search Mortgage Solutions took care to arrange everything and have it all delivered to our home. Overall the service was prompt, friendly and thorough and we would highly recommend to anyone..

    Sarah
Search Mortgage Solutions

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51 Customer Reviews

Excellent Service

Excellent service from David, he secured my remortgage deal 2 years ago and he is always very helpful. He went above and beyond to get the best deal for me for my current mortgage and is always there to reassure me and offer advice and the best deals to go with.

Nicholas Ward
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Helping You

Buy Your Dream Home

We offer our services to you at no cost, so why wait? Search Mortgage Solutions Mortgage brokers Manchester are here to help.

0800 756 7794

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100% FREE

Mortgage Advice

Simply give us a call or fill out the form

We are here 24/7 providing customers with expert advice and solutions for their next mortgage, whether that’s for a New Home, remortgage or but to let.

Manchester Mortgage Broker Rated 5 stars on Google

Get A Decision In Principle
Within Minutes
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Marketing2
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1000s

Of Mortgage Deals

We have access to the whole of the market of mortgage providers and because we don’t charge a fee, this can mean a savings for you of hundreds of pounds.

  • Accord Scottish Widows
  • Precise Principality
  • Skipton Teachers
  • Santander Newcastle
  • Natwest Nationwide
  • Paragon Pepper
  • Platform Masthaven
  • Leeds Kent
  • Kensignton Halifax
  • Godiva Foundation
  • Fleet Family
  • Darlington Coventry
  • HSBC Vida
  • Mortgage Works TSB
  • Together Mortgage Lender
  • Chorley Beverley
  • BM Solutions Aldermore
  • Virgin Halifax
Helping You

Buy Your Dream Home

We offer our services to you at no cost, so why wait? Search Mortgage Solutions Mortgage brokers Manchester are here to help.

0800 756 7794

News

  • Mortgage Rejection

    What happens if a mortgage application gets rejected?

    It is not uncommon for lenders to reject mortgage applications. If your application gets denied, you will instinctively want to reapply with another vendor. Before … Read more

  • Buying property as a limited company

    If you are thinking of purchasing a buy-to-let property, do not let the high taxes deter you from doing so. Buying through a limited company … Read more

  • Student loans and mortgages

    Will student loans affect me buying a house?

    With an increase in university fees, more and more people are being forced to take up student loans. These loans are expensive, and it might … Read more

100% FREE

Mortgage Advice

Simply give us a call or fill out the form

We are here 24/7 providing customers with expert advice and solutions for their next mortgage, whether that’s for a New Home, remortgage or but to let.

Manchester Mortgage Broker Rated 5 stars on Google

Get A Decision In Principle
Within Minutes
Name(Required)
Marketing(Required)
Marketing2
This field is for validation purposes and should be left unchanged.
1000s

Of Mortgage Deals

We have access to the whole of the market of mortgage providers and because we don’t charge a fee, this can mean a savings for you of hundreds of pounds.

  • Accord Scottish Widows
  • Precise Principality
  • Skipton Teachers
  • Santander Newcastle
  • Natwest Nationwide
  • Paragon Pepper
  • Platform Masthaven
  • Leeds Kent
  • Kensignton Halifax
  • Godiva Foundation
  • Fleet Family
  • Darlington Coventry
  • HSBC Vida
  • Mortgage Works TSB
  • Together Mortgage Lender
  • Chorley Beverley
  • BM Solutions Aldermore
  • Virgin Halifax

Address

Search Mortgage Solutions
125 Deansgate,
Manchester,
M3 2BY
0161 710 2587

Statement

Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up with repayments on your mortgage

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