Welcome to the Later Life Lending ‘Customer Learning Zone’.

Congratulations on starting your journey to understanding more about your borrowing options as a homeowner over the age of 50.

The Customer Learning Zone has been set out in a clear and understandable way to enable you to either take each module in order, or if you prefer, to dip in and out of specific categories.

Each Topic will take around three minutes, each Module 15 minutes and the entire course around 75 minutes. This does not have to be all in one go and you can return to any topic whenever you like.

Later Life Borrowing: What Would You Like To Do Next?

Go To Your Courses

You can either revisit your Learning Account or Register For Your Free Account

Look For Answers By Category

Simply click on the headings below and look for one of the 25 questions that we have answered for you

Speak to An Advisor

You may be at a stage that you want to speak to an expert via Advisor Match

Learning Categories

Within this initial section there are five categories, each of which has a Video to watch, an Audio file to listen to, a Transcription to read and a PDF to Download. All contain the same information, however we want to give you the information you need in your preferred format.

  1. Defining Later Life Borrowing
  2. The Qualification Criteria
  3. The Costs Involved
  4. Obtaining Advice
  5. Affordability and Credit Rating

Within this initial section there are five categories, each of which has a Video to watch, an Audio file to listen to, a Transcription to read and a PDF to Download. All contain the same information, however we want to give you the information you need in your preferred format.

  1. Later Life Borrowing Options and Limits
  2. The Benefits and Risks of Each Option
  3. Key Features and How They Work
  4. What The Money You Borrow Can Be Used For
  5. Repaying Interest and/or Capital and the Cost of Borrowing

Within this initial section there are five categories, each of which has a Video to watch, an Audio file to listen to, a Transcription to read and a PDF to Download. All contain the same information, however we want to give you the information you need in your preferred format.

  1. The Equity Release Council and Standards
  2. The Role of the Regulator (the Financial Conduct Authority)
  3. Vulnerable Customers and the Impact on Later Life Borrowing
  4. Advisor Qualifications and Duties
  5. Understanding Your Key Features Illustration (KFI) or European Standardised Information Sheet (ESIS)

Within this initial section there are five categories, each of which has a Video to watch, an Audio file to listen to, a Transcription to read and a PDF to Download. All contain the same information, however we want to give you the information you need in your preferred format.

  1. The Application Process and Completion Timeline
  2. Your Rights and Responsibilities Once the Loan Completes
  3. The Impact of Stopping Interest Payments
  4. Accessing Further Borrowing
  5. The End of the Loan. How the Debt is Repaid

Within this initial section there are five categories, each of which has a Video to watch, an Audio file to listen to, a Transcription to read and a PDF to Download. All contain the same information, however we want to give you the information you need in your preferred format.

  1. The Use of Wills and Power of Attorney (PoA) in Later Life Borrowing
  2. Common Later Life Lending Terms (And What They Mean)
  3. The Impact of Borrowing on State Benefit Entitlements
  4. Estate Planning and Inheritance Considerations
  5. Alternatives to Borrowing

If you prefer a more structured approach, join as a member which will open the Customer Learning Zone below.

It starts with an initial quiz so you can gauge your current knowledge. Then there are the five modules, each of which has five topics.

A short quiz at the end of each section will let you know how you are progressing. At the end of the Modules, a final quiz will show you how your knowledge has grown and identify any further areas of learning.

Free
Advice guru quiz

Starter Quiz

By Stuart Powell
Total Students 6
Total Lessons 0
Total Quizzes 1
Free
The final quiz

The Final Quiz

By Stuart Powell
Total Students 2
Total Lessons 0
Total Quizzes 1