Repaying just £100 a month could help the typical customer reduce their total borrowing costs by almost £50,000 over 20 years.
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The maximum age limit for later life mortgages is now set at 90.
Launched in April, the plan is open to applications for customers aged between 55 and 84.
The Emerald lifetime mortgage range now offers reduced rates, LTVs up to 47%, and a maximum age of 90.
The Council has partnered with Fairer Finance to launch the new handbook for advisers.
The Horizon Interest Reward product offers discounted rates to customers who commit to a payment plan.
The Tailor Enhanced range will offer eligible customers LTVs up to 54%.
The platform aims to broaden the understanding of housing equity's role in retirement planning.
The products are the first to be launched by Responsible Lending since Royal London acquired the Responsible Group.