Equity release through a lifetime mortgage.
Considering a lifetime mortgage? Start with the bigger picture.
Armstrong Wealth Ltd gives whole of market advice on lifetime mortgages, the most common type of equity release, to homeowners aged 55 and over across the UK. Henry Armstrong advises by telephone and Teams video call, or at our office in Tunbridge Wells, and family members are welcome.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
- Equity Release Council member firmWhole of market lifetime mortgage advice.
- VouchedFor Top Rated 2026Henry Armstrong: 5 out of 5 from 139 reviews.
- Qualified adviserHenry Armstrong, Certs CII (MP & ER), DipPFS.
- Authorised and regulatedFRN 1038543. Check the FCA register
A loan secured on your home, repaid later.
A lifetime mortgage lets homeowners aged 55 and over borrow against their home while continuing to own and live in it. Usually you make no monthly repayments. Interest builds up over time and the loan is normally repaid from the sale of your home when the last borrower dies or moves into long-term care.
Why people consider one
There may be better options.
Before recommending anything, we look with you at the alternatives. Sometimes the right advice is not to borrow at all.
Understanding the risks, in plain English.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
Your family, involved from the start
We encourage you to involve your children or a trusted friend in our conversations. It often leads to better decisions, and nobody is surprised later.
Inheritance and benefits
A lifetime mortgage will reduce the value of your estate and may affect means-tested benefits. Where leaving an inheritance matters, we look at plans that protect part of your home's value.
Borrow only what you need
Drawdown plans let you take money as you need it, so interest is charged only on what you have taken. Many plans also allow voluntary repayments.
Protections and legal advice
Plans meeting Equity Release Council standards include a no-negative-equity guarantee and the right to stay in your home for life, provided you keep to the terms. You will receive independent legal advice from your own solicitor before you commit.
Advice before any product.
Henry Armstrong first establishes what you want to achieve, your income and spending, any existing borrowing, your family's views and your plans for the future.
- 01
A free first conversation
By telephone, Teams video call or at our office. Family members are welcome.
- 02
Understanding your situation
Your needs, health, family wishes and plans for the property, and whether the alternatives would suit you better.
- 03
Research and recommendation
We research the whole lifetime mortgage market and explain in writing why a plan suits you, what it costs over time and what you would give up.
- 04
Legal advice and completion
Your own solicitor gives you independent legal advice before you commit. We stay with you until completion.
You'll deal with the same adviser throughout.
Clear about costs from the start.
You will never unknowingly pay for anything. Our advice fee, any commission from the lender, and valuation and legal costs are all set out in writing before you decide to go ahead. The biggest cost of a lifetime mortgage is usually the interest, so we show you how the amount owed could grow over time.
Reviews from our mortgage and lifetime mortgage clients.
Henry Armstrong's clients review their experience independently on VouchedFor.
Lifetime mortgage questions, answered.
What is a lifetime mortgage?
A lifetime mortgage is the most common type of equity release. It is a loan secured on your home, available from age 55, where interest is usually added to the loan rather than paid monthly. The loan is normally repaid from the sale of your home when the last borrower dies or moves into long-term care.
How much can I release?
It depends mainly on the age of the youngest homeowner and the value of your home, and also on health, property type and lender criteria. We don't quote figures until we understand your circumstances, and you only borrow what you need.
Will I still own my home?
Yes. With a lifetime mortgage you keep ownership of your home. Plans meeting Equity Release Council standards give you the right to live there for life, provided you keep to the terms.
Will a lifetime mortgage affect my children's inheritance?
Yes. It reduces the value of your estate, and the amount you owe can grow over time as interest is added. Some plans let you protect part of your home's value for your family, and we show you the likely effect before you decide.
Will it affect my benefits?
It can. Releasing money may affect means-tested benefits such as Pension Credit or Council Tax Reduction, now and in the future. We check this before recommending anything.
Can I make repayments or repay early?
Many plans let you make voluntary partial repayments within limits, which can reduce the cost over time. Early repayment charges can apply if you repay the whole loan early, and we explain these in writing.
Can I move home later?
Plans meeting Equity Release Council standards let you move to a suitable alternative property, subject to the lender's criteria.
Do my family need to be involved?
No, but we encourage it. Many clients bring their children or a trusted friend to our conversations, and it often leads to better decisions.
Do you advise on home reversion plans?
No. Equity release includes lifetime mortgages and home reversion plans. We give whole of market advice on lifetime mortgages only. For information about home reversion, see MoneyHelper or the Equity Release Council.
How much does lifetime mortgage advice cost?
Your first conversation is free. We explain our advice fee, any commission we receive from the lender and other costs such as valuation and legal fees in writing before you decide to go ahead.
Start with a conversation.
Your first conversation is free and comes with no obligation. You ask us questions, we understand what you need, and together we decide whether and how we can help.
What happens next
- Following your enquiry, we'll be in touch by telephone or email.
- We speak by Teams video call or telephone, or meet at our Tunbridge Wells office.
- You're welcome to bring a family member or anyone else you'd like with you.
Book your free lifetime mortgage conversation
Book a meeting online, or call or email us.
Book a meetingPrefer not to book online?
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.