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 lifetime mortgage plans including the Tailored Choice & Capital Choice plans.
The More2Life Flexi Choice range of voluntary payment lifetime mortgage plans are funded by a leading UK life insurer. There are three versions of the Flexi Choice plans - the Standard, Lite & Super Lite. The rate quoted is the Flexi Super Lite plan and comes with & without an application fee option. The Flexi Choice plans differ in the size of the loans they each provide at certain ages and the consequent interest rate More2Life will apply.
The More2Life Flexi Choice Lump Sum Super Lite plan offers the lowest interest rate of the three versions of this equity release scheme. In obtaining the lowest interest rate, More2Life do have a subsequent lower loan-to-value ratio, details of which can be found be contacting Equity Release Supermarket directly.
The More2Life Flexi Choice Equity Release Plans provide an initial capital lump sum, which aims to offer a more competitive interest rate than its counterparts. Combining flexible balance control measures with their 10% partial repayment facility and a competitive lifetime mortgage interest rate, More2Life aim to offer this voluntary payment equity release scheme to a wider generic audience of retirees.