Later life lending — referral only.

Please note: Smooth Financial Group does not advise on later life mortgages or equity release. We refer you to trusted, qualified specialists.

From retirement interest-only (RIO) mortgages to lifetime mortgages and equity release, there are more options than ever for the over-55s. These are also some of the biggest decisions you’ll make — we’ll introduce you to a specialist who takes them slowly and clearly, and who’s happy to include your family.

• Retirement interest-only and lifetime mortgages
• Equity release to supplement retirement income
• Advice on the impact on inheritance and benefits — from the referred adviser
• Time to involve loved ones in the decision

Lifetime Mortgages — important: A Lifetime Mortgage will reduce the value of your estate and may affect your entitlement to means-tested benefits and tax status. The impact of not servicing monthly interest payments on a Lifetime Mortgage is that the outstanding debt can grow rapidly, thus reducing the value of your estate. For example, if the interest rate was 7% a year, a £50,000 loan would double to £100,000 after 10 years assuming no repayments are made. This is an example for illustrative purposes only and personalised advice and recommendations should be sought from a qualified professional. You are strongly advised to register a lasting power of attorney — this will allow your affairs to be managed by somebody else if your mental abilities significantly decline.