The Over 55s Unsecured Loan – Challenging the status quo


Do you want the freedom to spend a lump sum without using your home equity, savings or making a taxable withdrawal from your pension?

If you’re a UK homeowner over 55, with spare income from a variety of sources which is sustainable over your chosen loan repayment period, then you’ve come to the right place.


Key features


£15,000 to £150,000 subject to status over terms from 5 up to 20 years. Fee payable on completion £499, this can be added or deducted from the loan.

Age limits

You must be a homeowner aged 55-70 with sufficient income over the term of the loan to comfortably meet the repayments

Keep your equity

Your home is not required as security

Loan written off

If you die during the term of the loan (T&Cs apply)

What people are saying about us?

“... happily, there's a new product on the market that is aimed specifically at those over 55 and under 70 who need to borrow between £15k-150k." - Money Magpie


Read their article here.

“New unsecured loan could give retirees an alternative to equity release - but are there already better options out there?” - This Is Money


Read their article here.

“... apply for personal loans of up to £150,000 without putting their home at risk. But are they really an affordable way of raising cash in retirement?” - Which?


Read their review here.

Reasons to consider

You could view the Over 55s Unsecured Loan is as a simpler alternative to other more traditional ways of raising finance, such as downsizing or equity release. And, once the loan’s paid off, the sum earmarked for your monthly repayments is yours to use as you see fit again, and you’ll still have your home, your equity, your savings and pension.


Compare the ways of raising capital over 55 

There are a number of ways to raise a lump sum over 55. To compare the Over 55s Unsecured Loan against other ways of raising finance over 55, please look at our Funding Comparison Tool which takes you through the main options.

Need to do some serious thinking about your financial future? 

Our independently written Guide to managing money for the over 55s will help you to explore; ​

- Ways of moving to release capital​
- Ways of staying where you are to raise a lump sum​
- How to repay an interest-only mortgage as you phase into retirement​
- The issues and costs with downsizing?​

Whatever you do, make sure you think carefully before making your next move.

Download your copy of the Guide, here.


Find out how much you could borrow 

Loan calculator