Just Retirement cuts rate on roll up lifetime mortgage

Just Retirement, the retirement solutions specialist, announces that it has decreased the rate on its Roll Up Lifetime Mortgage from 6.49% to 6.39% - currently the lowest rate on the market.

Nigel Barlow, Technical and Commercial Manager of Just Retirement, commented: “Since the launch of this equity release plan in 2005, the competitive and flexible nature of this product means that Just Retirement has advanced more than £190m to over 4,500 customers and is now a market leader with a 17% share of the equity release market.

“With equity release allowing customers to access some of the valuable capital that can remain locked-up in the value of their property, both our Roll Up Lifetime Mortgage and Fixed Lifetime Mortgage provide a range of options ensuring that clients individual needs can be met and that they in turn can enjoy a more comfortable retirement.

“Many companies talk the talk when it comes to service but at Just Retirement we believe in putting words into action. We have worked hard and invested heavily in people and IT systems to ensure that our service levels are well and truly up to scratch and are determined to continue delivering the highest standards of service, setting the benchmarks for the rest of the industry to follow.”