Edward Payne of Clifton Mortgages was named “Best Broker for Later Life Lending” at the 2023 British Mortgage Awards

After being nominated by customers and peers from within the industry earlier this year, Ed was invited to enter a formal submission explaining why he should be shortlisted as Best Broker for Later Life Lending at the prestigious British Mortgage Awards 2023. He was then interviewed by a variety of senior figures from lenders who specialise in lending to older clients and announced as a the winner at the award ceremony at the Park Plaza Westminster in London on 6th July 2023. The category focussed on advisers who specialise on deal with clients aged 50 and over, through the provision of Equity Release and other mortgages. The award was sponsored by Family Building Society.

He faced stiff competition from some much bigger brands but the judges were impressed by him commenting that “Ed demonstrated real care for delivering holistic later life advice, with a tailored and bespoke approach prioritising quality over quantity”. Ed went on to say “I was really pleased that the judges recognised that as I always take great care with every customer and never make assumptions or pigeon hole them and always look at standard and Retirement Interest Only (RIO) mortgages as well as Equity Release: I always try find the best solution for them.” 

We would like to extend our huge thanks to all of our customers who made this possible. 

If you are over 50 and need help with a mortgage, consider calling the “Best Broker for Later Life Lending” (according to the British Mortgage Awards at least).

Equity release is designed to help customers aged 55 plus who either own their property outright or have relatively small mortgages left to pay, although you can use it to buy a property as well. You can either take out a loan against your home or sell part or all of it to a third party who gives you the right to live in it for life. The loan is repaid upon your death or if you move into long term care and are unlikely to return.

A lifetime mortgage is a long term commitment which could accumulate interest and is secured against your home. Equity release is not right for everyone and may reduce the value of your estate.