Just Group lifetime mortgages: products and what to know

Just Group lifetime mortgages are set out in Just's customer guide to the Just For You Lifetime Mortgage: as a general rule for homeowners aged 55 to 85, and only after you speak with a financial adviser.

That guide describes one plan with several options built into it. Everything in a Just offer turns on your age, health and home, so a free telephone talk with an FCA-authorised adviser, one qualified in equity release, is worth having; the form on this page books it.

What is the Just For You Lifetime Mortgage?

Just, the lender behind these plans, is a trading name of Just Retirement Money Limited. The lender's own customer guide (print code JM 00338.19 07/2026) covers one product, the Just For You Lifetime Mortgage, and defines a lifetime mortgage as "a loan that’s secured against your home". No rates are printed in it: the rate on your initial advance is set from Just's interest rates at the time.

The guide says: "You must speak with a financial adviser before taking out a lifetime mortgage with us." The Equity Release Council adds that "All customers who take out equity release need to receive independent legal advice."

For the other kind of plan, see how equity release works.

Who is eligible for a Just lifetime mortgage?

As a general rule, Just says you must be aged between 55 and 85, own a UK property worth over £70,000 that is your main home, and have an acceptable property, which your adviser checks for you. You can still have an outstanding mortgage, but it must be paid off before the funds are released, using the money released or another method.

Just's table gives a minimum first advance of £10,000 without monthly payments and £20,000 with them. The cash facility, including the first advance, tops out at £1,000,000 in England, Wales and Scotland and £500,000 in Northern Ireland. Scots law (Conveyancing and Feudal Reform (Scotland) Act 1970, s9) lets a debt be secured over land only through a standard security, so on a Scottish home that is the form Just's loan takes. It adds that age requirements, minimum property values and maximum cash facilities vary across the range of options. Equity release age limits compares how lenders set theirs.

How do the cash facility and medical underwriting work?

With a cash facility you take an initial lump sum and keep a reserve for later. Just's guide says the facility depends on age and property value, "with a maximum unused facility of £200,000". Each later withdrawal must be at least £500. Its guide warns that the rate on an additional advance is set when you apply for it and "could be higher or lower" than on your other loans. A cash facility also means the initial rate is higher than without one. Drawdown lifetime mortgages explains the general idea.

The medically underwritten option may allow a higher percentage of your home's value to be borrowed, or a lower rate than the standard option, if you have certain health issues or lifestyle conditions. Your adviser uses a health and lifestyle questionnaire from Just, and Just may check the answers with your GP. The guide says answering is optional, though the answers could affect whether you qualify.

Can you pay interest each month?

Yes, as an option chosen before completion: from £25 a month up to 100% of the monthly interest, collected by direct debit. Without it, nothing is due until the loan ends, but interest compounds. Just says you can stop on a month's notice, and "you can’t start making them again". Stopping moves the loan to full roll-up and the roll-up rate may be higher. It also offers one payment holiday of up to three months in a row in each 12-month period after completion.

How compound interest grows is covered in how equity release interest works, and interest-paying lifetime mortgages look at the payment route more closely. Whether paying part of the interest each month suits your budget is worth a conversation; the call-back costs nothing, and you request it with this page's short form.

What does it cost and when is it repaid?

The costs Just lists are a valuation fee (if any), a specialist report fee if one is needed, your solicitor's fee, and possibly a fee from your adviser. Just offers a personalised illustration of the costs and a tariff of charges on request. See equity release fees for the wider picture.

The rate on your first advance is fixed. Just's guide says the interest rate "is fixed and so guaranteed not to change over the lifetime of your mortgage", the one exception being a roll-up reduction lost when monthly payments stop. The total owed, interest included, falls due once the last borrower has died or gone permanently into long-term care, and it is normally met by selling the home.

You can repay up to 10% of each advance in each 12-month period after completion without an early repayment charge, provided you are not making monthly payments. Overpaying more, or repaying early, may bring a charge shown in your offer document.

Which Equity Release Council standards does Just state?

Membership of the Equity Release Council is stated in the guide, which also prints the Council's five product standards: a fixed or capped rate, the right to stay for life or until long-term care while the home stays your main residence and you keep to the contract, the right to move and transfer the loan if the new home is acceptable, a no-negative-equity guarantee, and penalty-free repayments where the terms are met. These are standards for members, not law; the Council's standards explains each. Just adds that the guarantee carries no extra charge.

What are the trade-offs of a Just plan?

Just's guide says plainly that "Equity release reduces the value of your estate and may affect your entitlement to state benefits", and that using it to repay an existing mortgage could cost more in the long term. It will not lend to anyone borrowing to invest. Pages on benefits and inheritance go further.

If you move, Just says you may be able to transfer the loan if it finds the new property acceptable, though the cash facility may be reduced and some of the amount owed may need repaying. Moving house with equity release has the general position. How Just compares with other lenders is a separate question; best equity release providers is the place to start. Weighing Just against other lenders is easier out loud, so let an FCA-authorised adviser phone you without charge, booked on the form on this page; whether a firm handles Just varies, so raise it on the call.

Ownership, title changes and shortfalls

Is Just Retirement the same as Just Group?

The lifetime mortgage guide says Just is a trading name of Just Retirement Money Limited. Just's own About Us page says "Just Group is a financial services group.", and Just Group's website lists Brookfield Wealth Solutions completing its acquisition of Just Group on 01 April 2026.

What if the home sells for less than the loan?

The guide describes a no-negative-equity guarantee: you or your beneficiaries will not have to repay more than the sale proceeds, provided the terms and conditions have been met.

Do I need Just's approval to change the title or sell part of the land?

Yes. The guide says changing the legal title, selling part of the land or formalising a right of way needs Just's approval, and you pay its legal and reinspection valuation fees, which depend on the change.