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At a glance

  • Clients can make up to 10% capital repayments each year, with no ERCs
  • Loans from £15,000 - £1,500,000
  • LTVs from 20% to 55%
  • Available to clients aged between 55 and 95

Plan features


3% of the loan amount is available, subject to a minimum release of £35,000.

Downsizing Early Repayment Charge Exemption

This feature is designed to give your client peace of mind should they need to sell their home and repay their loan in full because they are moving to a property that does not meet our lending criteria.

After an initial period of five years, your client can repay their loan as a result of such a move without incurring any Early Repayment Charges.

Fixed ERCs

The Early Repayment Charge is based on a simple sliding scale over the first 10 years of the loan, with the charge being 5% in years 1 - 5, 3% in years 6 - 10 and 0% from year 11 onwards.

Flexi Pay

Your client can choose to make capital repayments of up to 10% per year with no Early Repayment Charges. Each repayment must be a minimum of £50 and must not exceed 10% of the loan amount per year.

Guaranteed Inheritance Feature

This comes as standard, at no extra cost, your client can protect up to 50% of their property value where they do not take the maximum loan amount available.


  • Can my client move house in the future?

    All of our plans are portable, meaning that the plan can be transferred to a new home without financial penalty, as long as the new property meets the requirements of our lending criteria. If your client is moving to a lower value property, or the original loan amount, plus interest, is greater than the LTV on the new property, your client will usually need to repay part of their lifetime mortgage. Please refer to the Tariff of Charges for details of fees that will be applied when moving home.

  • How does my client make a capital repayment?

    Your client can contact more 2 life on 03454 150 150 to make a repayment.

  • Is there an option for my client to leave an inheritance?

    Our Capital Choice Plans come with our Guaranteed Inheritance Feature as standard which allows your client to protect up to 50% of their property value for their loved ones.

  • What are my client’s obligations once the plan is arranged?

    Your client is required to live in and keep the property in a good state of repair for the duration of the loan. They are also required to inform more 2 life before anyone not party to the loan moves into the property. The property must be adequately insured for the duration of the loan. For further details, please refer to the Key Facts Illustration.

  • What costs are involved in setting up a Capital Choice Plan?

    Dependent on your plan (Capital Choice or Capital Choice Plus), the Tariff of Charges provides a breakdown of the costs involved.


Tailored Choice

Our Tailored Choice Plan provides a medically underwritten lending solution, with one of the best drawdown facilities on the market.


Capital Choice

Our Capital Choice Plans allow clients to have a lifetime mortgage, as well as the ability to make capital repayments without penalty.


Flexi Choice

Our Flexi Choice lifetime mortgages give your clients a competitive interest rate and the flexibility to make capital repayments. They can choose to take either a lump sum one or a series of lump sum payments with our drawdown plan.


Maximum Choice

On our Maximum Choice Plan, clients can repay up to 12% of their loan each year without incurring an Early Repayment Charge.