The financial situation for seniors aged 55 and above in the UK has been getting worse in recent years, and more and more people decide to look for lifetime mortgages.Â
That’s why we’ve decided to write this article and combine the 6 best lifetime mortgage brokers in the UK. These companies combine extensive experience, comprehensive lender panels, and exceptional customer service to deliver optimal outcomes for their clients.
TL;DR:
- Best lifetime mortgage brokers for 2026 are compared across six FCA regulated advisers serving homeowners aged 55+.
- Whole-of-market brokers differ on fees, drawdown access, voluntary repayments, and Equity Release Council protections.
- KIS Finance ranks first with whole-of-market access, no broker fees, and ERC compliant plans.
- A comparison table shows ratings, access models, fees, and borrower protections for side-by-side review.
Our Evaluation Criteria
Our equity-release and later-life finance team reviewed UK lifetime mortgage brokers and providers to identify the six most relevant options for 2026.Â
The review focused on firms serving homeowners aged 55+ with products regulated by the Financial Conduct Authority and aligned with Equity Release Council standards.
Each provider was assessed using a consistent framework based on:
- Independent customer ratings from Trustpilot, Reviews.io, and adviser platforms
- Product flexibility, including drawdown access, repayment options, and ERC protections
- Access model, covering whole-of-market brokers, adviser-only lenders, and direct providers
- Public lender documentation and ERC directories
- Adviser and consumer feedback from established financial forums
Compare 6 Best Lifetime Mortgage Providers
The table below shows regulatory status, advice structure, and product scope as assessed for 2026, allowing side-by-side comparison across fees, flexibility, and borrower protections.
| Rank | Provider | Rating | Access model | Product focus | Fees | Protections |
| 1 | KIS Finance | 4.96 / 5 | Whole-of-market broker | Lump sum, drawdown, optional repayments | Typically no broker fees | ERC protections, no-negative-equity, inheritance options |
| 2 | Allen & Harris | 3 / 5 | Mortgage adviser | Lifetime mortgage advice within wider service | Admin fee applies | Dependent on lender used |
| 3 | Coreco Mortgages | 5 / 5 | Broker | Lifetime mortgages, RIO | Advice fee up to ~£695 | No-negative-equity, lifetime occupancy |
| 4 | Fluent Money | 4.8 / 5 | Broker | Lump sum, drawdown, enhanced plans | Broker fees may apply | ERC protections, inheritance options |
| 5 | Alexander Hall Mortgages | 3.6 / 5 | Adviser | Interest roll-up lifetime mortgages | Adviser fees apply | Standard ERC protections |
| 6 | Boon Brokers | 3.8 / 5 | Whole-of-market broker | Lifetime mortgages, property purchase | No broker fees | No-negative-equity, lifetime occupancy |
Now, let’s review each provider in more detail.
1. KIS Finance
KIS Finance is a leading lifetime mortgage broker providing independent, whole-of-market equity release advice to homeowners aged 55 and over. The firm works exclusively with Equity Release Council–approved lenders and typically charges no broker fees, receiving payment from lenders on completion. Clients retain full ownership of their property, face no mandatory monthly repayments, and can choose fixed roll-up interest with optional voluntary or interest-only repayments.Â
All recommended plans include a no-negative-equity guarantee, with inheritance protection available on selected products, making KIS Finance one of the best lifetime mortgage brokers in 2026.
Rating: 4.96 / 5
Key features:
- Independent, whole-of-market lifetime mortgage broker
- Typically no broker fees
- Lump-sum and drawdown options
- Fixed roll-up interest with voluntary repayment features
- No-negative-equity guarantee on all plans
Best for: Overall
2. Allen and Harris
Allen & Harris provides lifetime mortgage advice as part of a broader mortgage service built around its lifetime membership model. The firm does not focus exclusively on equity release and positions lifetime mortgages within wider mortgage and protection planning. Clients pay an administration fee on applications, while future mortgage advice remains fee-free under the membership structure. Advisers carry out affordability and needs assessments and offer periodic reviews over time.
Rating: 4.6 / 5
Key features:
- Lifetime mortgage advice delivered within a wider mortgage service
- Lifetime membership model for ongoing mortgage advice
- Administration fee applies on applications
- Regular mortgage and protection reviews
- £100 refer-a-friend incentive on completion
Best for: Ongoing mortgage advice
3. Coreco Mortgages
Coreco Mortgages offers later-life borrowing through a dedicated specialist team covering lifetime mortgages, retirement interest-only products, and related solutions for borrowers aged 50–55 and over. Lifetime mortgages allow eligible homeowners to release tax-free funds as a lump sum or drawdown while remaining in their home, with repayment triggered by death or entry into long-term care. Advice usually carries a fixed fee, and the process follows a structured fact-find, valuation, and lender application sequence.
Rating: 5 / 5
Key features:
- Later-life lending covering lifetime mortgages and RIO products
- Lump-sum and drawdown lifetime mortgage options
- No required monthly repayments on lifetime mortgages
- No-negative-equity guarantee included on products
- Typical advice fee up to around £695
Best for: Later-life mortgage planning
4. Fluent Money
Fluent Money operates a lifetime mortgage brokerage service for clients typically aged 55 to 95, sourcing products from a wide range of UK equity release providers. Lifetime mortgages are available as lump sums or drawdown facilities, with no required repayments during life unless voluntary or interest-payment options are selected. Products include standard and enhanced lifetime mortgages, with features such as fixed early-repayment charge periods and inheritance protection on selected plans.
Rating: 4.8 / 5
Key features:
- Broker-led lifetime mortgage service
- Lump-sum and drawdown lifetime mortgage options
- Enhanced plans based on health and lifestyle factors
- Voluntary repayment options, often 10–15% annually
- No-negative-equity guarantee and inheritance protection features
Best for: Product flexibility
5. Alexander Hall Mortgages
Alexander Hall Mortgages provides later-life borrowing solutions that include interest roll-up lifetime mortgages alongside retirement interest-only products. Lifetime mortgages carry no fixed term and require no compulsory monthly payments, with interest added to the loan balance over time. Borrowing levels depend mainly on borrower age and loan-to-value rather than income, with repayment usually occurring following a qualifying life event such as death or a move into long-term care.
Rating: 3.6 / 5
Key features:
- Interest roll-up lifetime mortgage options
- No mandatory monthly repayments
- Borrowing based on age and property value
- Repayment triggered on defined life events
- Part of a broader later-life mortgage offering
Best for: Interest roll-up lifetime mortgages
6. Boon Brokers
Boon Brokers provides fee-free, whole-of-market lifetime mortgage advice to homeowners aged 55 and over. Lifetime mortgages allow clients to release equity while remaining in their property, with repayment typically triggered by death or entry into long-term care. Products include standard Equity Release Council protections, and funds can be used for a wide range of purposes, including lifestyle spending or property purchases.
Rating: 3.8 / 5
Key features:
- Fee-free, whole-of-market lifetime mortgage brokerage
- Lifetime mortgages available for clients aged 55+
- No-negative-equity guarantee and lifetime occupancy rights
- Funds usable for lifestyle or property-related purposes
- Borrowing based on age and available equity
Best for: Flexible use of released funds
How To Choose A Lifetime Mortgage Broker?
To choose a lifetime mortgage broker, follow these 7 steps:
- Confirm FCA authorisation and later-life lending permissions
- Check whether the broker offers whole-of-market access or limits advice to selected lenders
- Review fee structure carefully, including broker fees, adviser charges, and early repayment terms
- Compare product flexibility such as drawdown access, voluntary repayments, and inheritance protection
- Look at independent customer ratings and consistency across review platforms
- Ask how suitability is assessed, including fact-find depth, property valuation, and long-term planning
- Verify alignment with Equity Release Council standards and protections
Final Thoughts
Lifetime mortgages suit different needs depending on age, property value, repayment preferences, and how actively borrowers want to manage interest over time.Â
The market offers a mix of broker-led advice and lender-specific products, with clear differences around fees, flexibility, and access to the wider market.Â
For borrowers who want independent advice across all major Equity Release Council lenders without broker fees, KIS Finance stands out as the strongest overall option in the UK for 2026.
FAQs
What is a lifetime mortgage?
A lifetime mortgage allows homeowners aged 55 or over to release tax-free cash from their property while retaining ownership. The loan plus interest is usually repaid when the borrower dies or moves into long-term care.
Do I have to make monthly repayments?
Most lifetime mortgages do not require monthly payments. Interest typically rolls up over time, although some plans allow voluntary or interest-only repayments to reduce the final balance.
Is a lifetime mortgage safe?
Lifetime mortgages are regulated by the FCA and, when arranged through Equity Release Council lenders, include protections such as a no-negative-equity guarantee and the right to remain in the property for life.
Can I protect inheritance for my family?
Many lifetime mortgages offer inheritance protection, which allows a percentage of the property value to be ring-fenced for beneficiaries, subject to product terms.
Do I need a broker to take out a lifetime mortgage?
Most lifetime mortgages require advice from an FCA-regulated adviser. Whole-of-market brokers such as KIS Finance can compare plans across multiple lenders rather than limiting recommendations to a single provider.
