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Get in touch today for your fee-free, no-obligation consultation and discover how your home could enhance your retirement lifestyle.

Jane Jackson

Mortgage, Equity Release and Protection Adviser

07990 836455
jane@janejacksonfs.co.uk
Serves Stone, Staffordshire, and the surrounding counties

My client’s FAQs

How do I know if a Lifetime Mortgage is right for me?Jane Jackson2026-01-12T11:46:23+00:00

How do I know if a Lifetime Mortgage is right for me?

A Lifetime Mortgage may suit you if you’re 55 or over, own your home, plan to stay long-term, and need to access property wealth without monthly repayments. Consider whether you’ve explored alternatives like downsizing or Retirement Interest Only mortgages, understand how compound interest works over time, and have discussed the impact on inheritance with your family. The most suitable way to determine suitability is through a consultation with a qualified advisor who can assess your specific circumstances, explain costs, and ensure you understand all implications before proceeding.

Can I change my mind during the Lifetime Mortgage process, or am I committed once I start?Jane Jackson2026-01-12T11:46:23+00:00

Can I change my mind during the Lifetime Mortgage process, or am I committed once I start?

You can withdraw at any time before completion without penalty, even after signing initial paperwork. Multiple review points give you opportunities to ask questions, reconsider, or withdraw. You’re not legally committed until final signing with your solicitor at Step 12, and even then, there’s a cooling-off period. Once completion happens and funds are released, you’re committed to the mortgage, though early repayment is possible (subject to early repayment charges).

How long does the Lifetime Mortgage process take from start to finish?Jane Jackson2026-01-12T11:46:23+00:00

How long does the Lifetime Mortgage process take from start to finish?

Most straightforward Lifetime Mortgage cases complete in approximately six weeks from initial meeting to receiving funds. This includes consultation, product research, document collection, compliance approval, application submission, property valuation (1-2 weeks), legal work, mortgage offer, and final signing. More complex situations might take 8-10 weeks due to property complications or ownership issues. I keep you informed throughout and resolve delays quickly. If you need funds by a specific deadline, begin the process at least 8-10 weeks beforehand.

I want to discuss my options. What are the next steps?Jane Jackson2026-01-12T12:12:10+00:00

I want to discuss my options. What are the next steps?

Simply call 07990 836455 to arrange your fee-free consultation. Jane Jackson will visit you at home (or arrange a video call) for a two-hour discussion about your circumstances and ideal outcome. There’s no pressure to proceed, and family members are welcome to join the conversation.

A Lifetime Mortgage is not suitable for everyone and may affect your entitlement to means tested benefits, so it is important to seek financial advice before taking any action. If you are considering releasing equity from your home, you should consider all options available before equity release.

The interest that may be accrued over the long term with a Lifetime Mortgage, may mean it is not the cheapest solution. As interest is charged on both the original loan and the interest that has been added, the amount you owe will increase over time, reducing the equity left in your home and the value of any inheritance, potentially to nothing.

Although the final decision is yours, you are encouraged to discuss your plans with your family and beneficiaries, as a Lifetime Mortgage could have an impact on any potential inheritance. We would also encourage you to invite them to join any meetings with your Financial Adviser so they can ask questions and join in the decision, as we believe it is better to discuss your decision with them before you go ahead.