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 Lifetime Mortgage Plan is funded by Phoenix Equity Partners.
More2Life provide a range of lifetime mortgage plans including the Tailored, Maximum and Flexi Choice plans. This Capital Choice Ultra Lite Equity Release Plan is primarily a Drawdown Lifetime Mortgage plan, which aims to offer a lower interest rate by virtue of a lower loan-to-value ratio than its Capital Choice Super Lite counterpart. In addition, this Ultra Lite version comes with a plethora of options providing flexibility and certainty.
The Capital Choice Ultra Lite Drawdown Plan provides a greater level of flexibility than the simpler Capital Choice Lump Sum version. With this being a drawdown scheme, a flexible cash facility is provided which enables the homeowner to access future funds, as and when required.