Holistic & Personalised Later Life Mortgage
Advice For Borrowers Over 50
Whether you're concerned about your financial future or planning ahead for your family, Mewstone Later Life can advise on the entire range of mortgage options for over 50s. A later life mortgage could help you:
Boost your funds in retirement and enjoy financial freedom securely and confidently
Support your family without compromising your future
Enhance your lifestyle with home improvements and more cash to spend on the things that matter
Pay off an interest-only mortgage and stay in your existing home
Stay independent and access funds to assist with future or ongoing care costs
About Mewstone Later Life
"Later life lending is about making the most of what you've worked for. Whether it's staying in the home you love, boosting your retirement income, or helping family when they need it, the right later life mortgage can give you options without unnecessary financial stress."
- Mike Jones, Mewstone Later Life Lending
Mewstone Later Life is led by Mike Jones, an award-winning adviser providing holistic later life mortgage advice to help homeowners over the age of 50 achieve financial freedom.
Mike has extensive experience in later life mortgage advice and can help you to consider all of the options that could support your finances, including equity release and retirement interest-only mortgages.
We pride ourselves on our transparent and straightforward approach to mortgage advice, designed to help you secure the right deal and the right product, both now and in the future.
Committed to Doing What’s Right for You
I’m not tied to a corporate agenda—I work for you, not the lenders. My only priority is finding the best solution for your needs, with no bias or sales pressure.
Your Interests Come First—Always
Whether it’s equity release, retirement interest-only, or another later life lending option, I explore the whole market to find what’s genuinely best for you.
Clear, Honest Advice
If borrowing less—or not at all—is the best option for you, that’s exactly what I’ll recommend. I’ll also explore non-borrowing alternatives where practical, ensuring you make the right financial decision for your future.
A Simple, Stress-Free Process
I handle the heavy lifting so you don’t have to. From paperwork to lender communication, I make the process as smooth and hassle-free as possible.
Regular Updates, No Chasing Needed
You’ll never be left wondering what’s happening. I keep you informed every step of the way, ensuring you feel confident and in control.
Why Speak To Us?
If you're over 50 and looking for the right mortgage solution, let’s talk! We are committed to ensuring you get the best outcome for your needs and strive to make the process of obtaining a later life mortgage as simple as it should be. W
In just a short 10-minute call with us, you can:
Explain your requirements and mortgage needs
Obtain an understanding of all the later life mortgage options relevant to you
Consider the alternatives to borrowing
Learn about the next steps of the mortgage application process, with no obligation to continue if it’s not right for you
5-Star Service
"Keep up the excellent work!" - M. Trethowan
Mewstone were recommended to us via a friend. Mike was so helpful, professional, and always on the end of a phone when needed. Our transaction was completed flawlessly.
"Excellent care through the lifetime mortgage process." - J. Owers
Mike Jones gave us some excellent care and helped us through the process of obtaining a lifetime mortgage. We can only express our thanks and satisfaction.
"Mike Jones is just one in a million." - S. Clark
Mike Jones is just one in a million. I have nothing but great respect for him. He has gone that extra mile on every occasion. Thank you, Mike.
"Fantastic from start to finish." - N. Williams
We came to him with a more complex situation than normal, in a time when the financial world is in turmoil. Mike navigated us through this, while complications were thrown at us, he found a way to overcome them.
"Would recommend him without hesitation." -
C. Burton
What we thought would be a long and complicated process was made very simple and stress-free. This was entirely down to Mike Jones, who provided an excellent service every step of the way. Professional, friendly, easy to deal with.
"Thoroughly recommended." - E. Brown
Time taken to establish exact needs, due to specialist requirements, and options to suit for us to consider. Clear communication. Someone always available to answer queries. We are looking forward to our next home ownership.
UNLOCK FREEDOM IN LATER LIFE
READ MY FREE GUIDE TO YOUR OPTIONS
Your home is more than just bricks and mortar—it’s a valuable asset that could help you enjoy a more comfortable retirement. But with so many later-life lending options available, how do you know what’s right for you?
My comprehensive, unbiased guide walks you through everything you need to know about Lifetime Mortgages, Retirement Interest-Only Mortgages (RIOs), and standard mortgage options for older borrowers. Whether you’re looking to supplement your income, fund home improvements, or support your loved ones, this guide will help you explore your options with confidence.
Inside, you’ll Discover:
✅ How later-life lending works and what it means for you
✅ The pros, cons, and costs of different options
✅ How borrowing could impact your estate and inheritance
✅ Alternative financial solutions to consider
✅ Key questions to ask before making a decision
With clear, jargon-free explanations and no product bias, this guide is designed to empower you to make informed choices about your financial future.
ENTER YOUR DETAILS FOR
YOUR FREE GUIDE HERE!
LEARN MORE ABOUT EQUITY RELEASE
IN 10 EASY TO FOLLOW STEPS
Releasing equity through a lifetime mortgage is a journey that requires thoughtful consideration and careful planning. By following these steps, you can approach the process with confidence, knowing that you’re making an informed decision that aligns with your long-term goals. And remember, your advisor is there to guide you every step of the way, ensuring that the choices you make are the right ones for you.
If you're over 50 and looking for the right mortgage solution, let’s talk. I provide honest, unbiased later life mortgage advice, ensuring you get the best outcome for your needs—whether that means borrowing or exploring alternatives. My goal is to make the process simple, stress-free, and in your best interests. Book a free, 10 minute discovery call with me to learn how I can help you!
Your Later Life Mortgage Options
We will help you to consider all of your later life mortgage options, including:W
Equity release with a Lifetime Mortgage
Retirement interest-only mortgages
Traditional mortgages
Alternatives to borrowing
Our straightforward and no-pressure process will help you understand the pros and cons of each option so that you can make an informed decision about how you wish to proceed. The advice we provide is transparent and honest, empowering you to look to the future with financial confidence.
Frequently Asked Questions
What is a later life mortgage?
A later life mortgage is any type of mortgage designed for older borrowers, including equity release, retirement interest-only mortgages, and standard retirement-friendly loans. They are typically flexible products, with some options allowing overpayments, payment holidays, or interest-only options.
Later life mortgages are regulated by the FCA.
Can I move home with a later life mortgage?
Yes, you can move home with a later life mortgage as long as the new property meets the lender’s criteria.
What is equity release?
Equity release allows homeowners aged 55+ to unlock some of their home’s value while continuing to live in it. The amount of money you can release depends on your age, property value, and lender criteria.
With a Lifetime Mortgage, the most popular type of equity release, you will remain the legal owner of your home. The loan amount, plus any unserviced interest, is repaid when you pass away or move into long-term care, usually through the sale of your home. Interest accrues if repayments are not made. If you choose to make voluntary payments, you can prevent or reduce interest build-up.
If you receive means-tested benefits, a lump sum via equity release could impact eligibility. Releasing equity can also reduce the value of your estate. You must seek financial advice before applying.
What is a RIO?
A Retirement Interest-Only (RIO) mortgage is a loan for homeowners over 50. This type of later life mortgage requires you to pay only the interest each month, with the capital repaid when you pass away or move into care.
Unlike equity release, which requires no repayments, missed payments may lead to repossession.
Some lenders will allow you to make overpayments, helping to reduce the loan balance. Check the terms with your provider.
Mewstone Mortgage Advice LTD (FCA ref 947355) is an appointed representative of New Leaf Distribution LTD (FCA ref 460421) which is authorised and regulated by the financial conduct authority (FCA).
New Leaf Head Office Garfield House, 165-167 High St, Rayleigh SS6 7QA. Co registration Number 5520001.
Mewstone Mortgage Advice LTD Head Office: 22 Barton Brake, Wembury, Plymouth, Devon PL9 0BJ Co registration Number 12959322
Your home is at risk if you fail to keep up payments on your mortgage or any other loans secured against it. Buy to Let mortgages and Commercial Lending are not usually regulated by the Financial Conduct Authority. Equity release may involve a lifetime mortgage which is secured against your property or a home reversion plan which requires the sale of property for a discounted price. To understand the features and risks, ask for a personalised illustration. You only continue to own your own home with a lifetime mortgage.
Equity release may impact the size of your estate and it could affect your entitlement to current and future means-tested benefit.