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. More2Life also provide a range of 'Choice' lifetime mortgage plans including the Tailored, Capital and Maximum Choice plans.
The More2Life Flexi Choice range of lifetime mortgage plans are funded by a leading UK life insurer. There are five versions of the Flexi Choice plans offering drawdown - the Lite, Super Lite, Midi, Extra and Plus. The rate quoted is the Flexi Lite plan. They all differ in the size of the loan-to-values they offer. Hence, each a Flexi Choice plan can be tailored to your needs and the interest rate More2Life will apply.
The More2Life Flexi Choice Lite equity release plan provides an initial capital lump sum, which aims to offer a competitive interest rate. In addition, More2Life provide a drawdown facility, for any unused capital not taken immediately. Combining balance control measures with their flexible 10% partial repayment facility, along with competitive lifetime mortgage interest rate, More2Life aim to offer this drawdown equity release scheme to a wider generic audience of retirees.