If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here
Its usual to discover individuals seeking out monthly payment life time mortgage, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Key Solutions like Old Mutual Wealth are keen to see paperwork to show your personal situation in the form of bank statements.
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion plans may impact entitlements to state benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier Primary Residence.
The more aged you are and the unhealthier you are the more money you can release.