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    At a Glance

    Provider: More2Life
    Products: Lifetime Mortgages only
    Eligibility: Homeowners aged 55-89
    Minimum Property Value: £70,000
    Locations: England, Wales, mainland Scotland
    Key Feature: Maxi ZERO ERC - No Early Repayment Charges
    Inheritance Protection: Available
    Repayments: Voluntary repayments (up to 12% annually)
    Regulation: FCA-regulated, Equity Release Council member
    Trustpilot Rating: 4.5★ (1,373 reviews)
    Customer Verdict: 79% 5-star reviews; praised for clarity, speed, professionalism

    More2Life Scorecard (2025)

    Category Score Summary
    Price & Value ⭐⭐⭐⭐☆ Competitive rates with strong enhanced options.
    Flexibility ⭐⭐⭐⭐⭐ Excellent repayment flexibility and product choice, including Maxi ZERO ERC.
    Service Quality ⭐⭐⭐⭐☆ Highly rated for communication and customer support.
    Transparency ⭐⭐⭐⭐☆ Clear documentation and adviser-led guidance.
    Coverage ⭐⭐⭐⭐☆ Available in England, Wales and mainland Scotland.
    Customer Satisfaction ⭐⭐⭐⭐☆ 4.5★ Trustpilot rating (1,373 verified reviews).
    Overall Rating: 4.4 / 5

    How More2Life Equity Release Works

    More2Life specialises exclusively in lifetime mortgages, the most popular form of equity release. You remain the legal owner of your home, and interest accrues over time. The loan is usually repaid when the last homeowner dies or moves into long-term care.

    Key features of More2Life plans:

    • Lump sum or drawdown options
    • Inheritance protection
    • Optional voluntary repayments (often up to 12% annually)
    • Enhanced plans for qualifying health or lifestyle circumstances
    • The Maxi ZERO ERC option, allowing some customers to repay early with no penalty
    📌 More2Life's Maxi ZERO ERC: No Early Repayment Charges

    The Maxi ZERO ERC is one of More2Life's most flexible options. It allows homeowners to repay their lifetime mortgage early without paying any Early Repayment Charge — a feature rarely offered by other lenders.

    Why this matters:
    ✔️ You can repay early with no penalties
    ✔️ Ideal if your circumstances might change (e.g., inheritance or wanting or needing to move house)
    ✔️ Still includes the no negative equity guarantee
    ✔️ Offers much more long-term control than most lifetime mortgages.

    💡This feature is one of More2Life's standout advantages and differentiators in the market.

    N.B. More2Life does not accept direct applications. All cases must go through a qualified, FCA-regulated intermediary.

    💡 A whole-of-market broker like Age Partnership can compare More2Life against all other major lenders and ensure you get the best rate and features based on your needs and

    How Much Could You Release?

    How much you can release depends on your age, property value, health conditions, and the specific More2Life plan recommended.

    Typical Loan To Value ranges:

    These figures are typical examples. Your actual release amount will depend on the specific product recommended, the condition and location of your property, and whether you qualify for enhanced terms, which can allow you to borrow more based on your health or lifestyle information.

    Age Typical LTV Range Amount You Could Release (approx.)
    55 20-23% £60,000-£69,000
    65 30-34% £90,000-£102,000
    75 40-48% £120,000-£144,000

    What Are Enhanced Terms?

    Enhanced terms (sometimes called an enhanced lifetime mortgage) are improved borrowing terms offered to people whose health or lifestyle may reduce their life expectancy.

    Because lifetime mortgage lending is partly based on how long the loan is likely to run, providers may allow you to:

    • Release a higher percentage of your home's value, or
    • Access a lower interest rate than standard plans.

    You may qualify for enhanced terms if you have certain medical conditions (such as heart disease, diabetes, high blood pressure, or a recent diagnosis) or lifestyle factors (such as smoking or a high BMI). You don't need to be seriously ill — many common conditions may qualify.

    💡Enhanced plans can be helpful if you need to release more money than a standard plan allows, but they still require full FCA-regulated advice to ensure they're suitable for your circumstances.

    Product Types

    • Lump sum: receive the full amount upfront
    • Drawdown: release funds gradually; interest only charged on what you take
    🧮 As a first step, try the Age Partnership Equity Release Calculator

    A simple, quick way to:
    See how much you could release,
    Understand how More2Life compares with other lenders, and
    Estimate how interest could build up depending on the product and repayments.

    It is free, personalised, and without any obligation — and helps you prepare for a conversation with an FCA-regulated adviser.

    Pros and Cons of More2Life

    Pros Cons
    • ✅ Wide range of lifetime mortgage options
    • ✅ Maxi ZERO ERC offers full early-repayment flexibility
    • ✅ Voluntary repayments (up to 12% per year)
    • ✅ Inheritance protection available
    • ✅ High customer satisfaction (4.5★ Trustpilot)
    • ✅ Clear, well-structured documentation
    • ✅ Enhanced terms for eligible health or lifestyle conditions
    • ❌ No interest-only lifetime mortgage - More2Life does not offer a plan where you can pay only the interest each month to keep the loan balance from growing. An interest-only option can be an effective way to control overall costs. Because More2Life does not provide this type of product, another lender may be more suitable if maintaining a low balance is a priority.
    • ❌ Not available for second homes or buy-to-let
    • ❌ Must apply through an intermediary
    • ❌ Other lenders may offer better rates or features depending on your personal circumstances

    Customer Satisfaction Reviews

    More2Life receives strong reviews for clarity, professionalism, and smooth handling of applications. Here are three representative testimonials:

    "Professional, clear and reassuring throughout"

    "Everything went very smoothly from start to finish. Diane Perrin and her colleagues kept me informed at every stage and explained everything clearly. The process felt straightforward, and I never felt pressured. I would absolutely recommend More2Life to anyone considering equity release."

    — Gill Lloyd, November 2025

    "Friendly, efficient and easy to deal with"

    "Tracy Curzon handled our enquiry in a friendly, professional way and made everything happen exactly as promised. Communication was excellent, and every question was answered quickly. We felt completely confident throughout the process."

    — Barrie Hamilton, October 2025

    "A very professional company to deal with"

    "More2Life were great from the outset. The application and legal process were smooth, and updates were frequent and clear. The team were polite, efficient, and easy to reach whenever we needed help. I wouldn't hesitate to recommend them."

    — Mike Andrew, November 2025

    Important to Know: General considerations before taking out a Lifetime Mortgage with any lender.

    Equity release is a long-term financial commitment.

    A lifetime mortgage is designed to last for the rest of your life, or until you move into long-term care. You should be confident that the plan you choose will still suit your needs in the years ahead.

    Interest compounds unless you make repayments.

    With most lifetime mortgages, interest is added to the loan each month, and future interest is charged on that growing balance. Unless you choose to make voluntary payments, the amount you owe will increase over time.

    Releasing equity via a lifetime mortgage reduces the total value of your estate.

    Because the loan and interest are repaid from the eventual sale of your property, the amount left to your family or beneficiaries will be smaller. Some plans allow you to protect a portion of your home's value, but not all.

    Moving home requires meeting the new property's lending criteria.

    Many lifetime mortgages are portable, but the new property must be acceptable to the lender — for example, it must be in good condition and of standard construction. If it doesn't meet their criteria, the loan may need to be repaid when you move.

    Means-tested benefits may be affected.

    Taking a cash lump sum could reduce your entitlement to benefits such as Pension Credit, Council Tax Support, or other income-based support. An adviser can help you understand the exact impact before you proceed.

    Always use an FCA-regulated adviser.

    Equity release advice is mandatory and must be provided by a qualified, regulated adviser. This ensures the plan recommended is suitable for your circumstances and that all risks, costs and alternatives have been clearly explained.

    Conclusion

    More2Life is a respected and innovative equity release provider with flexible plans, strong customer satisfaction scores, and its standout Maxi ZERO ERC feature.

    For many homeowners considering a lifetime mortgage, it could be an excellent fit.

    However, the best provider for you may differ, depending on your personal circumstances.

    Before committing to a single lender, Martin Lewis, the MoneySaving Expert, recommends carefully considering your options, including doing wide research and considering multiple lenders side by side.

    That's why using Age Partnership, a whole-of-market broker, is the safest and most reliable way to compare More2Life's plans with the rest of the market and find the best overall match for you.

    Single Provider vs Brokers like Age Partnership

    More2Life offers strong plans — but they are still just one provider. A whole-of-market broker like Age Partnership can help determine whether More2Life is the right match, or whether another lender offers a better rate or more suitable features.

    Feature More2Life Age Partnership
    Range One provider's products Whole-of-market (including More2Life)
    Rate comparison One rate Compares interest rates from all major lenders
    Personalisation Limited to one provider's criteria Adviser finds the closest match for your needs
    Calculator Provider-specific Free Age Partnership calculator with whole-market view
    Best for People specifically wanting More2Life People wanting the best available option

    Did you find this information helpful?

    We work with

    Age Partnership

    We are members of

    Equity Release Council

    Part of the Over50choices group

    Over 50 Choices

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