Hodge Lifetime is the trading name of Julian Hodge Bank Limited and Hodge Life Assurance Company Limited. Hodge introduced the very first equity release plans in 1965 and is the longest established equity release provider in the UK.
This comparison includes lifetime mortgages. To understand the features and risks, ask for a personalised illustration from a lifetime mortgage company. Check that this type of mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice. Your home may be repossessed if you do not keep up repayments on your mortgage.
The decision to purchase an annuity is usually final so you must be sure that it's the right option for you before you commit. The amount of income you'll receive will be based on your pension savings, individual circumstances and the type of annuity product you choose. If your current pension provider offers an annuity with a guaranteed rate, you may lose this option and other benefits by changing provider. Before purchasing an annuity its worth checking what alternatives are available and making sure you understand the risks involved. Read this guide for more.
This is a non-advised comparison of annuities; we endeavour to make it as near to whole of market as possible but it may not include all annuity options available. We work with a broker who can provide individual annuity quotes for both single and multiple pension pots, and indicate which products are available via the broker within our comparison. Certain types of annuity may require a medical assessment and you may not be able to seek compensation from FSCS or assistance from the Financial Ombudsman Service in some circumstances.