David Farrell – Later Life Lending Specialist

David Farrell is a UK mortgage adviser specialising in later-life lending, including lifetime mortgages, Retirement Interest Only mortgages, interest-only borrowing into retirement and conventional mortgage alternatives for older homeowners.

David has 26 years of mortgage experience and has spent many years helping clients navigate later-life lending and equity release. He is a member of the Equity Release Council and advises through an FCA-regulated mortgage advice business.

Areas of experience

An options-first approach

Later-life lending is not simply a choice between taking equity release or doing nothing. Depending on income and circumstances, a client may be able to consider a RIO mortgage, conventional interest-only or repayment mortgage, a lifetime mortgage, downsizing or using other resources. David’s approach is to establish what the client wants to achieve and then compare the realistic routes.

Complex property experience

Property criteria can differ dramatically between lenders. David has worked on cases involving listed and thatched homes, timber and non-standard construction, flat roofs, annexes and properties with unusual nearby features. A property that does not meet one lender’s criteria may still be considered elsewhere, although every case remains subject to valuation and underwriting.

Clear explanations

Client reviews frequently highlight David’s ability to explain the advantages, disadvantages and process in straightforward language. Later-life lending can have long-term consequences, so understanding the trade-offs is central to the advice process.

Last updated: 3rd October 2026.