A lifetime mortgage in Beverley is a popular equity release product designed for those aged 55 and above.
It allows you to access funds tied up in your property without selling or moving out, making it ideal for those looking to enhance their retirement lifestyle.
The amount you can borrow depends on factors like your age, property value, and the type of plan you choose.
With a lifetime mortgage, you’ll retain full ownership of your home, and they are available on both freehold and leasehold properties.
Whether you want to fund home improvements, support family, or enjoy leisure activities, our mortgage advisors in Beverley can guide you through the options.
When exploring lifetime mortgages in Beverley, those aged 55 and above typically choose between a lump sum lifetime mortgage, which provides a single, tax-free payment perfect for covering significant expenses, and a drawdown lifetime mortgage, where funds can be released gradually as needed.
As a trusted mortgage broker in Beverley, we often suggest lifetime mortgages if you’re considering options like:
As providers of lifetime mortgage advice in Beverley, we often find that older borrowers use lifetime mortgages to purchase a property for a variety of reasons, including:
If a lifetime mortgage isn’t the most suitable option for your circumstances, our team will recommend alternative mortgage products for the over-50s in Beverley, finding you the right solution for your needs.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £995.
You should always think carefully before securing a loan against your property.
A lifetime mortgage will reduce the value of your estate and may affect your entitlement to means tested benefits.
Clearing existing mortgage with a lifetime mortgage may result in higher cost of borrowing.
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keith mantle
UKmoneyman helped us to obtain a mortgage.. They are a professional and helpful companywho we would reccomend to anyone seeking a mortgage Regards, Keith & Sandra Mantle
12 Jun 2026
Adam Bateman
Just wanted to comment on the experience I have had dealing with uk moneyman for my re mortgage. The team have been excellent throughout, special shout out to Stacy Waudby who has been a pleasure to deal with and has really been pro-active and helpful. I would definitely recommend them to anybody looking for independent mortgage advice
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amber sheridan
Ami has been great. She explained everything clearly and answered all of our questions (silly or not). Communication was great, genuinely couldn't recommend this service or our advisor Ami more.
28 May 2026
Keith Hirst
UK Moneyman have helped with my mortgage and remortgage for many years. Always really helpful and knowledgeable. My latest remortgage was done with Conor, who was great at making sure I was getting not just the best deal, but the right deal for my needs.
22 May 2026
Victor Abrams
I found Warren Bailey to be a very helpful and knowledgeable advisor when I discussed with him the potential options for a retirement mortgage . He had contacted me within a day of my seeking an initial conversation with him , and he reassured me there were lenders out there who would consider a mortgage paid out of pension , despite my own bank nort even talking to me as I was over 70 ! Within a couple days Warren had led me through the onboarding process , had explained what documents were needed and had found me a lender suited to my requirements. An excellent experience, and I would recommend him strongly to people looking for a retirement mortgage, and generally . Victor Abrams
15 May 2026
Julie Brake
We would have given them 20 stars. Both Warren & Lizzi have worked so hard on our behalf, in what has not been the smoothest of circumstances. They have been so professional and kept us updated. Would thoroughly recommend this company. With grateful thanks in getting us our mortgage.
12 May 2026
Abdul khaliq Mayar
I would highly recommend UK Money Man, especially Matthew Collinson and Paula. They have done an amazing job for me from start to finish. My previous mortgage broker got my application declined through TMW, and I was very stressed and worried. When I came to UK Money Man, they completely changed the game for me. Matthew was always helpful, professional, and kept me updated at every stage — even on his day off. That level of service really meant a lot to me. Paula was also fantastic and worked hard on my application. Thanks to their hard work and support, my mortgage was approved. I truly appreciate everything they have done for me and my family. I would definitely recommend Matthew, Paula, and UK Money Man to anyone looking for a reliable and supportive mortgage broker.
11 May 2026
Flc
Amazing company! Used them many times since 2018 and always a high standard of service! Would definitely recommend!
5 May 2026
William Thompson
I would like to say Thankyou to Jonathan and Dan for giving me an easy experience in sorting out my equity release.They were polite,friendly and very professional in their duties,and they made everything as easy as possible for me
29 Apr 2026
Yasir Noori
The team at UK Moneyman, especially Stacey Waudby and Matt Collinson, were fantastic. They have been really helpful throughout the process and in keeping me in the loop, with any update regarding the application
16 Apr 2026
We start with a free initial lifetime mortgage appointment to speak with one of our experienced mortgage advisors in Beverley.
It’s a chance for you to ask questions, learn about the options available, and receive expert mortgage advice in Beverley tailored to your individual needs and future plans.
Our mortgage advisors in Beverley will ensure you consider all alternatives before making a decision.
We provide impartial advice to help you choose the most effective solution for your circumstances in Beverley.
Deciding on a lifetime mortgage is an important step, and we encourage you to involve your family or other trusted individuals in the process.
Open conversations can help ensure that everyone understands the potential implications for the future.
After fully assessing your needs and exploring all alternatives, we’ll provide a personalised lifetime mortgage recommendation.
Our mortgage advisors in beverley will guide you through the process with transparency and care, ensuring you feel secure in your choice every step of the way.
Our mortgage advisors in Beverley offer a free mortgage review to help you explore your options and make informed decisions about your future.
Whether you’re considering a lifetime mortgage or need advice on alternative financial products, this no-obligation service is designed to provide expert mortgage advice in Beverley tailored to your needs.
As a trusted mortgage broker in Beverley, we work with a wide range of lenders to find the perfect deal for you.
Our goal is to match you with a mortgage product that fits your financial goals and lifestyle, ensuring you feel confident and secure in your choice.
We pride ourselves on offering exceptional service to every client. From your first conversation with our mortgage advisors in Beverley to the completion of your mortgage process, you’ll receive clear, honest, and professional guidance every step of the way.
We understand that life doesn’t stop for financial decisions. That’s why our mortgage advisors in Beverley are available seven days a week, offering flexible appointments to fit around your schedule.
Whether it’s a weekday or weekend, we’re here to provide expert mortgage advice in Beverley whenever you need us.
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