Later life lender more2life has relaunched its Apex and Apex Interest Reward lifetime mortgage ranges as part of a broader programme of product enhancements.
The relaunched Apex products are aimed at clients seeking higher loan-to-value borrowing alongside greater flexibility. The range combines high LTVs with early repayment charges that run for four years, reflecting demand from borrowers who want the option to adapt their plans as circumstances change later in life.
More2life said the Apex range also extends higher LTVs to borrowers aged between 90 and 95, offering an alternative to its existing Omni products. This, it said, gives advisers greater scope to tailor recommendations for older clients with differing long-term priorities.
Alongside this, the lender has relaunched Apex Interest Reward. Under the updated range, borrowers can secure interest rate discounts of up to 0.75% by committing to make monthly interest payments for an agreed period on their lifetime mortgage.
RECENT PRODUCT CHANGES
The Apex relaunch follows a series of changes announced by more2life towards the end of 2025.
These included a reduction in early repayment charges on its Flexi range to 10 years, the integration of the Horizon products into its wider lifetime mortgage offering, and the introduction of an Age Next Birthday feature across the Air Sourcing and AdviseWise systems.
Dave Harris, chief executive at more2life, said: “By relaunching our Apex and Apex Interest Reward ranges, more2life is continuing our mission to unlock more choice for advisers and their clients, opening up lifetime mortgages to a wider range of homeowners.
“Advisers have been clear – high LTV cases don’t all look the same, and the priorities of a client can vary sharply between cases. You can’t meet those different needs through a single high LTV product.
“The Apex range is a brilliant complement to our Omni products. Both are designed to support high LTV borrowing across later life, but they meet different needs, ensuring for most clients, advisers will have a suitable lifetime mortgage solution for them.
“A clear understanding of a customer’s needs and circumstances enables advisers to make informed decisions.”
“The relaunch of Apex Interest Reward also underlines the value of comprehensive conversations. A clear understanding of a customer’s needs and circumstances enables advisers to make informed decisions, using sourcing technology that captures the full range of product features and benefits to achieve the most appropriate outcome.”
INCREASED DEMAND
And he added: “2026 is going to break new ground for later life lending, in terms of the way the regulator looks at the sector, and how we as an industry meet the increased demand and need for such products.
“Starting the year with the relaunch of Apex and Apex Interest Reward is a real statement of intent. At more2life, we have built our reputation by focusing on delivering more options to advisers, and helping their clients achieve better outcomes.
“This relaunch is just the start of an exciting 12 months for more2life, with more product launches and enhancements on the way.”
