Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
A lifetime mortgage is designed for those aged 55+ who own or are planning to buy a property valued at £70,000 or more in Birmingham. With a lifetime mortgage, you will retain full ownership of your home, and they are available on both freehold and leasehold properties.
A lifetime mortgage can be used for:
Alternative mortgages for the over 50’s, 60’s and 70’s in Birmingham are available and will be recommended by our team when you attend you’re free initial mortgage appointment.
A lifetime mortgage lets you access tax-free equity from your home, offering the flexibility to receive funds in various ways, including a lump sum or a smaller increments, this is also known as a drawdown lifetime mortgage.
The most popular reasons why people look into a lifetime mortgage to release equity are:
A lifetime mortgage can be used by those aged 55+ in Birmingham purchase a new home. The lifetime mortgage would be secured on the new property. Buying a new house with a lifetime mortgage will allow you to buy a bigger property than you would otherwise be able to afford. Below are some of the reasons customers choose to purchase a new home with a lifetime mortgage:
When using a lifetime mortgage to purchase a new property, monthly payments are optional.
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 £1295.
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.
Our Customers Love Us
34 5 Star Reviews
Maria Duggan
UK Moneyman provided me with an excellent service as I navigated a complicated retirement mortgage. They have been unfailingly friendly, efficient & well- informed & were a reliable pleasure to deal with. Highly recommended.
23 Oct 2026
Marie Keville
I chose this company because sure of the reviews and then after talking to Jason, I felt comfortable. He found me an offer with NatWest but due to the long wait times with BCC, that offer expired. We had to get a new offer. I contacted Jason just before my offer expired. Sent him everything he needed and less than 3 weeks later, I got a new offer. The company is very responsive, I don’t think I’ve had to wait even 24 hours for a response to my emails. Every question answered quickly. Very decent price for the whole service. Once you get the offer through, they are still there every step of the way and everyone I’ve either spoken to or emailed have been extremely helpful. There is no part of my experience that I can say needs any improvement.
26 Jul 2026
Abdul Faheem Bhatti
They are the best mortgage broker I have seen in the region. They helped you with everything and eases you life. I must recommend them if you want a hassle free mortgage application.
30 Jun 2026
Khris Jones
Have worked with the team multiple times to secure my next mortgage, always efficient an knowledgeable. Will return for my next mortgage!
23 Jun 2026
Danae Larham
Fantastic service from Matt and Joe in particular. They made a complicated process that I didn't know much about seem entirely seamless and easy at every stage. They did not bombard me with communication and information, yet were on hand any moment I had a query, nothing was too much of a problem. Highly recommend.
15 Jun 2026
Dee Homer
Matt has been brilliant, hes explained and walked me through everything making it as easy and as straight forward as possible. Matt has been at the end of the phone, every time I've had questions or just needed some reassurance, I would recommend moneymanuk to anyone who is looking for an independent mortgage adviser xx
13 May 2026
Sophie O'Connor
Had a great experience with Money Man UK, who kept us informed and updated throughout every stage of the process. They were always transparent and never apposed to exploring all of our options and gave us time to consider them thoroughly. Would highly recommend and very glad we were recommended their services.
23 Apr 2026
Ethan Marshall
Jason and Lizzi were extremely helpful and ensured I got a good deal.
31 Mar 2026
Dainius Stepulevicius
Very helpful and informative. As a first time buyer with limited knowledge I was Guided with patience and great knowledge. Mortgage and Insurance was sorted within 2 weeks as painless as possible. Even providing references for shortlist of solicitors and thus saving more time. Best part even after Mortgage deal is done they are still happy to respond to other questions too. For that they are invaluable!
11 Jul 2025
besty jose
I had a fantastic experience working with Chris as my mortgage advisor. He was incredibly patient, always took the time to explain things clearly, and gave thoughtful advice whenever I needed it. Stacey handled all my paperwork efficiently and kept me updated throughout the process. Thanks to their combined efforts, I received my mortgage offer in less than 7 days! I am really grateful for their support and highly recommend their services.
15 Apr 2025
During your free initial appointment with a later life mortgage advisor in Birmingham, you will have an in-depth discussion about your goals and plans related to inheritance.
While releasing equity and obtaining lifetime mortgages are still viable options, we view them as solutions of last resort. We will first explore alternatives that are tailored to your unique situation.
We highly recommend that you include your family members or other individuals you trust in our conversations because of the importance of getting a mortgage in later life.
We will present a tailored recommendation to you that is based on the information that you have provided. We work for you, and we would never recommend a deal that does not benefit your situation.
After your free initial mortgage appointment in Birmingham, our team will proceed to locate the most suitable later life mortgage option in Birmingham that aligns with your present and future personal and financial situation. With over two decades of experience as a mortgage broker in Birmingham, we have assisted numerous clients in reaching their mortgage goals.
Our team is dedicated to guiding you through the mortgage process and tackling any obstacles that may arise. We put in the extra effort for our clients and tailor to your best interests. We deliver an open and honest approach to our service, making sure that you get the most suitable deal in your specific circumstances.
We will search through 1000s of mortgages to find a tailored recommendation for your unique situation. Our mortgage advisors in Birmingham have access to both high street and specialist lenders.
If you are looking for a mortgage over 50 in Birmingham, you can speak to an expert 7 days a week!
Reach out to us at a time that suits you and your busy schedule.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Read our 94 Reviews
Birminghammoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Birminghammoneyman 2009–2026
Contact
Follow Us
Birminghammoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Birminghammoneyman 2009–2026
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
