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 Plus 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 Plus Equity Release Plan is a Lump Sum Lifetime Mortgage plan which aims to offer a lower interest rate combined with a plethora of flexible options. It differs from the Capital Choice Plan by starting at a higher age, but offering increased loan-to-values and subsequently a higher maximum loan availability.
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 many options to meet their changing future needs.