More2Life are equity release lending specialists borne from the specialist lending arm of Key Retirement. Using external funding models, More2Life offer a range of bespoke lifetime mortgage deals to homeowners over the age of 55. The More2Life Capital Choice Ultra Lite 1 Lifetime Mortgage Plan is funded by Phoenix Equity Partners.
More2Life provide a range of lifetime mortgage plans including the Flexi Choice, Tailored Choice and Maximum Choice plans. This Capital Choice Ultra Lite 1 Equity Release Plan is a Lump Sum Lifetime Mortgage plan which aims to offer the lowest interest rate of all the Capital Choice range. This Ultra Lite 1 plan however, also attracts a lower loan-to-value ratio than its Capital Choice counterparts. In addition, the M2L Super Lite version comes with a plethora of flexible options providing flexibility and certainty - see below.
Enabling balance control measures with a flexible 10% partial repayment facility, More2Life aim to offer this lump sum equity release scheme to a wider generic audience of retirees looking for options to meet their changing future needs.