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
Monthly payment equity release can reduce your estate value. Interest-only lifetime mortgages may impact entitlements to state benefits. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.
The lender will want to know if the property is a Freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
It is common to encounter people seeking out monthly payment life time mortgage, lumpsum lifetime mortgages or home reversion schemes, however, Key Solutions like AIG Life are keen to see evidence of your personal circumstances in the form of pension statements.
The more elderly you are and the the more illnesses you have you are the more tax free money you can release.