Jan Nurden

In association with OMH Financial

Your Home.
Your Future.
Your Choices.

A calm and clear guide to later-life lending.

Understanding your options starts with understanding what matters to you.

Jan Nurden Later Life Lending Specialist

LIBF Accredited Later Life Lending Professional · Equity Release Council Member
CeMAP | CeRER Equity Release Qualified

Jan Nurden, Later Life Lending Specialist

A personal welcome

Hello. I'm genuinely pleased you're here.

I want to start by saying something important: you do not need to understand every financial term before speaking with me. You don't need to have figured out what you want to do. And you certainly don't need to feel embarrassed about where you are right now.

Life rarely goes entirely according to plan. Pensions aren't always what we hoped. Mortgages don't always end when we thought they would. Costs rise, circumstances change, and the decisions we imagined we'd have made by now sometimes feel further away than ever.

I'm not here to judge any of that. I'm here to listen to your story, help you understand your options clearly, and make sure you feel respected and in control throughout every conversation we have.

There may be several possible routes worth exploring. There may be one that suits you well. Or there may be a reason to wait, to look elsewhere, or to do nothing yet. My job is to help you find the path that is genuinely right for you, not to point you down the path that suits anyone else.

Take your time with this guide. Read what's useful. Come back to what raises questions. And when you're ready to talk, I'll be here.

Later Life Lending Specialist · In association with OMH Financial

Start here

What would you ideally like to achieve?

Your objective always comes first. Glance through these and notice which ones feel closest to what's on your mind.

Staying in my current home

Repaying an existing mortgage

Managing debts or commitments

Supporting children or grandchildren

Improving day-to-day retirement income

Making home improvements

Moving or downsizing

Planning for future care

Protecting a partner

Preserving an inheritance

Creating greater financial resilience

"The right answer may be a lifetime mortgage. It may be another form of later-life lending. It may be downsizing, using other assets, speaking to another specialist, or doing nothing yet. The starting point is understanding your whole situation."

Understanding the landscape

Later-life lending is not one single product

Many people assume equity release is their only option. It rarely is. The right route depends entirely on your individual circumstances, goals and property.

Routes that may be worth exploring

Standard residential mortgage extending into later life

For those still able to demonstrate affordability, a standard mortgage may remain available with some lenders into your 70s or beyond.

Retirement interest-only mortgage (RIO)

Interest is paid monthly. The loan balance stays the same. Repaid when the property is sold, subject to terms.

Lump-sum lifetime mortgage

A single loan secured against your home. Interest can roll up, be partly paid, or be paid in full depending on the product.

Drawdown lifetime mortgage

Access an agreed reserve of funds over time, only paying interest on what you actually withdraw. Potentially lower overall cost.

Lifetime mortgage with voluntary repayments

Make interest or capital repayments when you choose, reducing the long-term balance without any obligation to do so.

Payment-term lifetime mortgage

Mandatory payments are made for a defined period, which may offer a lower rate. Subject to product terms and eligibility.

Downsizing or moving

Moving to a smaller or less expensive property may achieve your objectives without any borrowing at all.

Referral to a specialist

Pensions, investments, estate planning, legal or care advice may be more relevant to your situation, or needed alongside any mortgage decision.

Home reversion plans, where part or all of your property is sold to a provider while you retain the right to remain, exist within the broader definition of equity release. This guide does not promote home reversion plans as part of Jan's service offering.

This is where the sample ends

There is a good deal more in the full guide.

The complete version continues with how a lifetime mortgage works, interest explained in plain English, what protections may apply, family and inheritance, care planning, the benefits set honestly against the considerations, common questions, alternatives worth weighing up, and what the process actually looks like.

Answer a few short questions and I will send you the whole thing, along with a reflection based on what matters to you. There is no cost, and no telephone call unless you ask for one.

Get the complete guide Meet Jan first

Mobile: 07894 994003

Email: jan@omhfinancial.co.uk

Your Home. Your Future. Your Choices.