Partnership has increased the loan to value rates for its Enhanced Lifetime Mortgage.

The increases range from 3% for lifestyle impaired (for example, smokers), to around 20% for heavy health impairment, which would include people with co-morbidity, such as high blood pressure and diabetes.

The enhancements can range from around 7% for lifestyle impairments, to 40% for a heavy health impairment. For very severe health impairments Partnership has underwritten cases where the enhancement could be as high as 70%, it claims.

Ged Hosty, managing director, equity release, Partnership, said: “For many clients the main challenge with equity release is raising sufficient funds to meet their needs. Our Enhanced Lifetime Mortgage already provides higher loans than standard schemes