The Benefits of a Lifetime Loan: Unlocking the Value of Your Home

A Lifetime Loan offers individuals the freedom to access the equity in their home and provides a steady stream of income during retirement years from age 60+. With a Lifetime Loan, you can borrow a cash sum using your house as security without selling a share of your home. Let’s explore the numerous benefits attached to a Lifetime Loan Mortgage:

  1. No Regular Repayments: One of the significant advantages of a Lifetime Loan is that there are no regular repayments to be made. Unlike traditional loans, you don’t have to worry about monthly financial obligations. The loan, along with any accumulated interest, is repaid only when you sell your home, move into long-term care, or when the last borrower passes away. This relieves you from the stress of managing monthly repayments and allows you to focus on enjoying your retirement.
  1. Financial Flexibility: By unlocking the value of your home, a Lifetime Loan provides you with the financial flexibility to adapt to life’s ever-changing circumstances. Whether you want to renovate your home, support your children’s education, or cover unexpected medical expenses, the choice is yours. You can use the funds to enhance your quality of life and achieve your goals without restrictions.
  1. Retain Ownership: With a Lifetime Loan, you remain the legal owner of your home and can continue to live in it as long as you wish. This offers you the security and peace of mind of residing in your familiar surroundings while enjoying the benefits of the loan.
  1. Eligibility and Loan Details: To qualify for a Lifetime Loan, you must be over 60 years of age, own your own home, and have it as your principal place of residence in Ireland. The property must be in good repair, with a minimum value of €250,000 in Dublin or €175,000 outside of Dublin. The amount you can borrow against your home depends on your age and the value of your property, with a maximum loan size of €500,000 and a minimum of €20,000. The interest rate is calculated at 6.45% per annum over a term of 15 years.
  1. Optional Repayments: While there are no mandatory repayments, you have the flexibility to make regular repayments to reduce the interest on your loan. These additional payments can help manage the overall cost of the loan without incurring any Early Repayment Charges. However, the annual limit for voluntary repayments is set at 10% of the outstanding loan balance.
  1. Protection for Your Loved Ones: Leaving a legacy for your loved ones is important, and a Lifetime Loan allows you to protect a portion of your home’s value for inheritance purposes. This means you can secure your family’s financial future while still accessing the funds you need today. It’s a win-win solution that ensures your loved ones are taken care of, even after you’re gone.

Ezfees Financial – Mortgage & Life Broker Options:

At Ezfees Financial, we prioritize helping you make your financial dreams a reality. Whether it’s your home, your family, your business, or your future, we provide easy-to-understand financial advice tailored to your unique needs and goals. Our dedicated advisors are here to guide you and provide you with peace of mind. Contact us today on 0818 910800 or email your query to to explore the benefits of a Lifetime Loan and embark on a smooth path to long-term financial security.

Business Owner Consultation

Your business is your baby, so it deserves protection. Our team of experts will guide you through informed decisions to provide tailored policies. Shield your business against unexpected setbacks and ensure stability, whether you’re a startup or an established corporation. We’ll create a financial plan that will guide the balance of your personal finances and your long-term business goals.

What’s in this for you? Discuss your business finances in confidence with trustworthy advisors to:
1) Create a money management plan to suit your business
2) Align your business and personal objectives
3) Get clarity and validation on your strategies from dedicated Financial Advisors committed to safeguarding your business finances
4) Be advised when you need to speak to Tax Advisors where relevant
5) Obtain guidance onto Owner/Director on Pension planning and legislation
6) Referral to a Life/Business Coach where relevant

Plan for your business’s long-term financial goals:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your business and your future

Investment Consultation

With low deposit rates and high inflation rates, savings and investment plans are appealing right now. We understand what it’s like to make sacrifices to accelerate your savings goals so you can achieve your dreams. That’s why we provide expert guidance so you can take charge of your future without sacrificing your valuable time.

What’s in this for you? Why you should consider savings and investment plans?
1) The potential for higher returns
2) Flexibility in the amount you save
3) Short, medium and long term options to suit your goals, amounts and terms to save
4) Investment options appropriate to suit your needs and goals

How you can save to secure your dreams:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Mortgage Consultation

Whether you are a first-time buyer, mover, switcher or looking to invest in a rental property, we have a mortgage solution to fit your unique situation. Over 60 and looking to release equity in your home to support your children, go on that dream holiday or pay off bills? We find the mortgage most suitable for you and your family’s needs and support you through the entire process. You’re guaranteed to find the best mortgage option for your financial needs and goals, with impartial advice and competitive rates.

Clear, simple, actionable advice for all your mortgage needs:
1) First time buyers
2) First Home Scheme/ Local Affordable Authority Scheme
3) Switchers
4) Home Movers
5) Investment Property
6) Self Employed
7) Contract Workers
9) Lifetime Loan (over 60’s equity release)

How you can get started:
1. Share your journey with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Financial Planning Consultation

Secure your future and that of your loved ones beyond homeownership with life assurance, income protection and pension advice. Whatever your stage of life or money situation, our team of experts will help you make informed decisions to safeguard your financial future.

What’s in this for you? Planning your future, helps make your dreams a reality:
1) Start by creating a money management plan
2) Work with our dedicated Financial Advisors committed to safeguarding your future
3) Helping you get the guidance you need to achieve your long-term financial goals

Safeguard your financial future today:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your Financial Future