Background
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 Lite 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 Lite Equity Release Plan is a Lump Sum Lifetime Mortgage plan which aims to offer a lower interest rate by virtue of a lower loan-to-value ratio than its Capital Choice counterpart. In addition, the Lite version comes with a plethora of flexible options providing flexibility and certainty.
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.