more2life equity release rates are fixed for life and shown in an adviser’s illustration, not on its website. Plans, charges and owner.
Anyone searching for more2life equity release rates will find a lender whose website is written for advisers: its documents give discounts, ages and charges rather than a rate you could borrow at. Below is what more2life publishes, read on 19 October 2026, with each guide dated by print code. Whether a more2life plan fits your home and plans is for a qualified equity release adviser to judge, and a free ring-back is arranged by sending in the form on this page.
How do you get a more2life rate?
Through an adviser. more2life says it works "exclusively with fully-qualified equity release advisers", and the Key Group statement lists more 2 life as "a lifetime mortgage lender accepting business via intermediaries only". Its customer pages suggest you mention more2life to your adviser, who is then "able to confirm whether it’s the most suitable option for you at that time".
To qualify, its customer page says you must be aged 55 or over, own a UK home worth at least £70,000 (not on the Isle of Man, the Channel Islands or in Northern Ireland) and borrow at least £10,000. For the upper limits, see how much equity release can provide.
Where the more2life rate appears, and the 6.5% example
more2life’s customer pages say "Your interest rate is fixed for life", and its guides put the figure in your paperwork: the non-discounted rate "will be confirmed or stated within the Offer documentation". The one percentage on its interest page sits in "An example of how compound interest accrues over 15 years if no payments are made": an initial release of £100,000 on a plan "subject to a fixed interest rate of 6.5% MER (Monthly Equivalent Rate)". more2life calls the example "for illustrative purposes only", so it is not a rate on offer. Reading an equity release rate covers what a real illustration shows, and how compound interest grows the loan the arithmetic.
A lower rate later is possible but not promised. If rates fall you "may have the option to remortgage", more2life says, adding "However, a reduction to interest rates in the future isn’t guaranteed", and an early repayment charge may apply. See whether rates will come down.
What changes the rate on a more2life plan?
- When the money is taken. A drawdown or further advance is priced "at the prevailing rate at the time", which may be above or below the rate on the first advance.
- Paying some interest (Interest Reward). The guides describe a discount for committing to monthly payments. Apex lists 0.30% for paying 25% of the interest, 0.55% for 50% and 0.75% for 75%, over a fixed 15-year term. Horizon, on lump sum plans only, lets customers pay 25%, 50%, 75% or 100% over 5, 10 or 15 years, with discounts from 0.03% to 0.55%. Tailored gives between 0.3% and 0.60%, depending on the product chosen, and Omni states "50% of interest = 1.3% discount". See interest-only lifetime mortgages.
- Keeping the payments up. The Omni guide allows missed payments worth up to three times the monthly amount; beyond that the discount goes and the plan reverts to the rate that would have applied without it. On Tailored, once payments stop "they are unable to restart" and the discount is removed in full.
- The plan chosen. The Flexi page says "With live pricing, it stands out for its personalisation and flexibility".
How your age, home value and loan size feed into the rate is shown only in your own illustration. A qualified equity release adviser, reached by the call-back that follows the form on this page, can take you through that Key Facts Illustration line by line.
Which lifetime mortgages does more2life offer?
more2life’s adviser site lists Flexi, Horizon, Apex, Tailored, Maxi and Omni, with Maxi Zero beside Maxi and Interest Reward versions of several; Prime is "temporarily unavailable". The table uses each plan’s product guide, dated by print code. Ages and limits vary by plan, and the early repayment charge (ERC) column shows the fixed charge for each year of the plan.
| Plan | Guide | Ages | Fixed ERC | Repaid ERC-free each year |
|---|---|---|---|---|
| Flexi | M2L486.13 (11/25) | 55 to 84 | 10% in year 1 down to 1% in year 10; 0% from year 11 | 10% of cash advanced |
| Horizon | M2L852.2 (11/25) | 55 to 84 | 8% in year 1 down to 1% in year 8; 0% from year 9 | 10% of initial loan |
| Apex | M2L543.11 (03/26) | 55 to 95; Interest Reward 55 to 84 | 8%, 7%, 6% in years 1 to 3; 0% from year 4 | 10% of initial loan |
| Tailored | M2L507.23 (11/25) | 55 to 85 | 10% in year 1 down to 1% in years 10 to 15; 0% from year 16 | 10% a year |
| Maxi | M2L479.11 (11/25) | 55 to 89 | 10% in year 1 down to 1% in year 7; 0% from year 8 | 12% of initial loan |
| Maxi Zero | M2L734.3 (12/25) | 55 to 89 | "Zero early repayment charges" | No yearly limit; £50 minimum a payment |
| Omni | M2L814.10 (08/26) | 55 to 89, by plan | 8% in year 1 down to 3% in year 6; 0% from year 7 | 15% of initial loan |
Early repayment charges, exemptions and fees
The guides say a charge can apply if the loan is repaid in full within the charge period, or if repayments above the yearly allowance are made. Your Key Facts Illustration and Offer show your plan’s charges.
Each guide also lists exemptions. If you move to a home that does not meet more2life’s lending criteria at the time, the loan can be repaid in full without a charge: on Horizon from the day the loan completes, on Apex after 3 years, and on Omni and Flexi after 5. When one of two joint borrowers dies or moves into long-term care, the Apex guide lets the other repay the loan in full without a charge within 3 years, Omni’s allows partial or full repayment on the same terms, and Horizon’s exemption is "waived indefinitely".
Omni’s tariff shows an arrangement fee of "FREE", a funds transfer fee of £36 and legal fees of £1,025, an estimate that "may be higher or lower", paid to your own solicitor. Horizon’s guide gives an arrangement fee of £995 "where applicable", and Maxi Zero’s £1,199 on the initial advance. Equity release fees covers costs from other parties, and repaying early explains the general position.
Equity Release Council membership, advice and Scottish homes
more2life states that "All of more2life’s lifetime mortgages meet the Equity Release Council’s standards", and the Council’s Find a Member directory lists MORE 2 LIFE. Under its core lifetime mortgage standards, interest rates "must be either fixed" or capped, for the life of the loan, and only products meeting its Standards carry the protections it lists. They govern members’ products, not every lender; the Council’s standards lists the rest.
On any of these plans, interest left unpaid compounds, so less of the home’s value passes on, and the cash released can reduce means-tested benefits (equity release and benefits); how equity release works weighs these. The Council’s standards also require independent legal advice for every customer. In Scotland, a loan secured on a home must be "embodied in a standard security" under section 9 of the Conveyancing and Feudal Reform (Scotland) Act 1970.
Who owns more2life?
more2life is part of Key Group, and states on its site that the Financial Conduct Authority authorises and regulates it. Its modern slavery statement for the year ending 31 December 2025 covers "Theo Topco Limited and its subsidiaries" and lists more 2 life among the group’s trading divisions. Companies House registers, read on 19 October 2026, show each company in the chain from Krs Finance Ltd, more2life’s direct owner, up to Theo Topco Limited holding 75% or more of the one below. Theo Topco’s entry says the company "knows or has reasonable cause to believe that there is no registrable person" in relation to it. Companies House does not check filings.
Questions people ask about more2life
Can I work out my own more2life rate online?
Its tools are for advisers, such as a Max LTV tool to "See all our plan’s max LTVs, personalised to your client". Your rate arrives in the Key Facts Illustration; equity release quotes lists what an adviser will ask you for.
How long does a more2life lifetime mortgage take to arrange?
After advice, your adviser applies, more2life values the home and an Offer follows. Your solicitor "must provide you with independent legal advice as part of the process". more2life says it "usually takes around 8 to 12 weeks", though complexity or legal issues can change that. To find and check an adviser, see equity release advisers.
What happens to a more2life plan if I move?
You may be able to take it with you if the new property meets more2life’s criteria at the time. If the new home supports a smaller loan than you owe, more2life may ask you to repay part, without an early repayment charge. More in moving house with equity release.
Next step
Anyone weighing a more2life plan can have a qualified equity release adviser price it against their own details. Naming more2life in the form on this page gives whoever phones back a place to begin, and it costs nothing.
Sources: more2life: home page, Who is more2life?, Our lifetime mortgages, How does equity release interest work?, What happens next?, Drawdown, Further advance, modern slavery statement, product pages for Flexi, Omni and Prime; product guides Flexi (M2L486.13 11/25), Horizon (M2L852.2 11/25), Apex (M2L543.11 03/26), Tailored (M2L507.23 11/25), Maxi (M2L479.11 11/25), Maxi Zero (M2L734.3 12/25), Omni (M2L814.10 08/26) and the Omni tariff of charges. Companies House: more2life Limited and the linked entries for Krs Finance Ltd, Key Group Bidco Limited, Theo Bidco Limited, Theo Midco Limited and Theo Topco Limited. Equity Release Council: Standards and member listing. Conveyancing and Feudal Reform (Scotland) Act 1970, section 9. Accessed 19 October 2026.