Lifetime mortgages are a way for older homeowners to access some of the
value of their home without having to make repayments or move
house.Through a lifetime mortgage homeowners are effectively borrowing
against the value of their home, with interest payments deferred until
they die or move into care and their home is sold. And once this money
has been released, 77 per cent of people put some of it back into their
home. www.homemortgagebanks.com