I am pleased to read that rates and terms are improving for life time mortgages. http://www.moneymarketing.co.uk/equity-release/more-2-life-increases-maximum-loan-size-and-cuts-rates/1048681.article With the pensions shortfall and retreat of the welfare state this will become an increasingly popular option for some pensioners.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action.rn