What is Apex Interest Reward?

Apex Interest Reward is a feature of our Apex product and offers all the same features and benefits as the standard plan, but also offers a rate discount, up to 0.75%, for those clients who are willing and able to commit to making monthly repayments.

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Who is this product for?

Apex Interest Reward is designed for those clients who are looking for control over their later life finances. By making repayments, clients benefit from a reduction in their interest rate and are able to reduce the total cost of borrowing of their lifetime mortgage, whilst still benefitting from the great features that Apex has to offer.

Why choose Apex Interest Reward?

Built to give you more control

By committing to regular payments for 15 years, clients secure an interest rate discount allowing them to manage the long-term cost of borrowing and protect future equity and potential estate value.

Greater certainty for future change

As with the standard Apex plan, clients benefit from shorter fixed ERCs of only 4 years, offering greater certainty around future change.

Retain all the features of Apex

With Apex Interest Reward, clients still benefit from all the great benefits and features that are available on the standard Apex plan.

Key features

Age Range

Available to clients aged

55-84*

*(+364 Days)

LTVs

from

20%-60.3%

Loan Amount

£15k - £1.8m

How much could my client save?

Apex Interest Reward offers an interest rate discount of up to 0.75% for those clients who are willing and able to commit to making monthly payments for 15 years.

Helpful Apex Interest Reward downloads

Product guide

All the key details about Apex Interest Reward in one place, so you can quickly understand how it works and who it’s for.

Lending criteria

A clear breakdown of Apex Interest Reward's criteria to help you check client suitability fast and avoid unnecessary delays.

Tariff of charges

A full list of any costs that could apply, so you can provide accurate information and set expectations early.

Product info sheet

A practical overview of who Apex Interest Reward is suitable for (and who it isn’t), helping you place the right cases, first time.

Download

Lending criteria & other useful tools

Utilise our interactive tools to assess eligibility for your clients.

Lending criteria tool

Quickly check whether your client fits Apex Interest Reward’s criteria, so you can qualify cases faster and with confidence.

Find out more

Max LTV calculator

Instantly calculate how much your client could release with Apex Interest Reward’s LTVs, helping you find the right fit early on.

Find out more

Dedicated support tool

Enter your FCA number to instantly find your dedicated more2life support team, so you know exactly who to speak to for help with your next Apex Interest Reward case.

Find out more

Talk to our Adviser Support Team

Our expert team is here to assist you with any questions or support you need.

Phone

Lines are open:
Monday to Friday from 9am to 5pm

03454 500 151

Email

Or, if you'd prefer to do things online,
you can email us at

[email protected]

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