What is Horizon Interest Reward?

Horizon Interest Reward is a lifetime mortgage designed to give clients more control over their borrowing, with the opportunity to lower their rate by committing to monthly interest payments for a specified period. Available on Horizon lump sum plans from Horizon 300 upwards, it offers discounts of up to 0.55%, helping clients reduce the total cost of borrowing while enjoying all the flexibility and protection built into the Horizon range

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Who is this product for?

Horizon Interest Reward is ideal for clients who are unable to commit to mandatory regular payments but have the ability to make contractual payments for a specified term. It suits those who value competitive rates, predictable repayments, and the reassurance of fixed early repayment charges that end after eight years. Designed for flexibility, it helps clients maintain long-term control while reducing the impact of compound interest

Why choose Horizon Interest Reward?

It helps clients lower their borrowing costs

By committing to pay between 25% and 100% of the interest for 5, 10 or 15 years, clients can access rate discounts of up to 0.55%. The more interest they service and the longer the term, the bigger the discount they receive, reducing the overall cost of their lifetime mortgage

It’s designed with flexibility in mind

Clients can miss payments valued up to three times their monthly amount without losing their discount, as long as they make them up during the agreed term. It’s a feature built to provide peace of mind when circumstances change

It keeps all Horizon’s trusted features

Interest Reward includes all the market-leading benefits of the Horizon range, from downsizing protection and partial repayments from day one to fixed early repayment charges that end after eight years, combining flexibility, clarity, and confidence in one plan

Key features

Age range

Available to clients aged

55-84 (+364 days)

Rate discounts

up to

0.55%

Loans from

£15,000 - £1,500,000

Horizon Interest Reward discounts

Example case study

This example case study is based on a 71-year-old applicant owning a £300,000 valued home, releasing £70,000 (Horizon 300 Fee Free).

Lending criteria & other useful tools

Utilise our interactive tools to assess eligibility for your clients.

Lending criteria tool

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

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Max LTV calculator

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

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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 Horizon Interest Reward case.

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Helpful Horizon Interest Reward downloads

Product guide

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

Download

Lending criteria

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

Download

Tariff of charges

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

Download

Product info sheet

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

Lump Sum Download

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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