The typical interest rates for lifetime mortgages in the UK as of 2025 can range significantly based on the provider and the specific terms of the mortgage. Current rates fall between approximately 5.94% and 7%, with an average rate hovering around 6.10%. This variability is influenced by multiple factors, including the borrower's age and the specific loan plan chosen.

For instance, one source indicates that rates can range from 5.97% to 6.28% depending on the lender, while another mentions that the lowest equity release rates currently available start at 6.20%. The rates generally align with the overall trend observed in the market, where standard lifetime mortgage interest rates commonly sit between 6.05% and 7%.

For further details on specific rates and comparisons, you can refer to various resources:

• Every Investor provides a comprehensive look at lifetime mortgage interest rates.
• Money Saving Guru discusses the prevailing market rates.
• Equity Release Wise offers insights into the latest equity release rates for lifetime mortgages.
• Bower Home Finance allows users to compare interest rates across different equity release products.
• My Later Life Blog touches on trends and predictions regarding interest rates in the coming year.

These resources can provide valuable information for anyone considering a lifetime mortgage in the UK.

Sources

Lifetime Mortgage Interest Rates: Key Factors (2025) - Every InvestorThe Best Lifetime Mortgage Rates in the UK in 2025Average Effective Rate (AER) series and Mortgage Interest ...What are the best equity release rates for April 2025?Compare equity release interest rates - Bower Home FinanceOur interest rates and LTVs calculator - Canada LifeWill Equity Release Interest Rates Fall in 2025? - Blog - My Later Life

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