Heritage Product Range in Detail

Customers can enjoy the flexibility of our Heritage Lifetime Mortgages. ERC-free early repayment options available. Heritage Special now has no arrangement fees.

  • No negative equity guarantee
  • ERC free repayments
  • Porting available
  • Fixed ERCs
  • Variable ERCs
  • Cashback available
  • Drawdown facility

Conditions and Details

Criteria Information
Age limits Minimum Age: 55
Maximum Age: 85
Property Location England, Wales and Scotland
Property Value Minimum Property Value: £70,000
Max Property Value: No maximum.
Loan Size Minimum Loan Size: £10,000
Max Loan Size: £800,000
Drawdown Facility Both lump sum and drawdown products are available
Minimum Drawdown Facility: £500
Maximum Drawdown Facility: £200,000
Cashback Cashback available on selected products.
Partial Repayments Up to 6 repayments can be made of up to 10% of the advance amount per year ERC free. The minimum partial repayment amount is £500.
Loan to Values (LTVs) Maximum LTVs 10.00 - 50.50%
Early Repayment Charges (ERCs) Fixed ERCs are available. For more details, please see the ERC guide.
Set up Costs For set-up costs please see the Tariff of Charges.
Porting The lifetime mortgage can be transferred to a new property, subject to it meeting lending criteria at the time.
Downsizing ERC Exemption There is no downsizing ERC exemption covered in the Heritage plans

Our Products

This website is not intended or approved for customer use. Return to our customer website.