Lifetime Mortgage Age 53

Retirement Mortgage Age 53

  • Remove money from your property
  • You don’t need to make monthly payments
  • Still, have some mortgage outstanding? No problems
  • Product not impacted by COVID 19
  • No broker fees charged
  • Freehold flats are acceptable

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

  • Your Requirements

  • Please enter a number from 10000 to 2000000.
  • About You

  • Please enter a number from 25 to 95.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here



retirement mortgages
lifetime mortgage interest only
pensioner mortgages interest only
pensioner mortgage

  • Get a RIO mortgage before Brexit ruins house prices

  • Please enter a number from 10000 to 2000000.
  • About You

  • Please enter a number from 25 to 95.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

lifetime mortgage interest only rates

Hodge Lifetime Drawdown Lifetime Mortgages

LV

Hodge Lifetime Mortgages

Legal and General Retirement Mortgages

Pure Retirement Drawdown Lifetime Mortgages

 

Equity Release LTV

The more elderly you are and the more illnesses you have you are the more money you can release.

Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges

LV= lifetime mortgage

Canada Life Home Finance lifetime mortgage

Hodge Lifetime - Lump Sum Lifetime Mortgage

Legal & General - Flexible Blue

Just lifetime mortgage

Legal & General Home Finance lifetime mortgage

It is often found to encounter individuals seeking out monthly payment equity release, monthly payment lifetime mortgage or home reversion schemes, however, Legal and General like Aegon are keen to see paperwork to show your personal situation in the form of bank statements.

Retired small business owners that may be interested in lifetime mortgages

  • Wholesale of grain, unmanufactured tobacco, seeds and animal feeds Stourbridge
  • Pre-primary education Tickhill
  • Manufacture of explosives Stainforth
  • Manufacture of pulp Gorleston-on-Sea
  • Retail sale by opticians Egremont
  • Manufacture of tobacco products Newlyn
  • Manufacture of light metal packaging Steyning
  • Life insurance Epping
  • Security systems service activities Conisbrough
  • Inland passenger water transport Sedbergh
  • Youth hostels Marlow
  • Furnace and chimney cleaning services Clare
  • Manufacture of bearings, gears, gearing and driving elements Rochdale
  • Other software publishing Brough
  • Retail sale in commercial art galleries Wisbech
  • Manufacture of loaded electronic boards Henley-on-Thames
  • Wholesale of meat and meat products Bungay
  • Manufacture of other wearing apparel and accessories n e c Wendover
  • Manufacture of other transport equipment n e c Bexhill-on-Sea
  • Fire service activities Cleator Moor
  • Manufacture of other paper and paperboard containers Carshalton
  • Manufacture of other textiles n e c Leyland

 

Equity Release Scheme Providers

  • More2Life
  • Prudential
  • Sunlife Plans

Equity Loan In House Under 55 in 2020

Equity Release LTV Percentages

  • 55% home reversion schemes Royal London Equity Release
  • 40% LTV monthly payment life time mortgage LV equity release
  • 55% loan to value monthly payment life time mortgage Precise
  • 40% LTV home reversion plans 1st Stop Home Loans
  • 45% loan to value monthly payment lifetime mortgage Crown
  • 30% loan to value (LTV) lump sum lifetime mortgages Clydesdale Bank PLC

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an AST Tenant.

  • Canada Life Prestige Flexi Option
  • Hodge Equity Release Schemes
  • Pure Retirement Classic Voluntary Payment Super Lite
  • HSBC Equity Release Schemes
  • Lloyds Bank Equity Release Schemes
  • Saga home reversion schemes
  • Liverpool Victoria LV Equity Release Schemes
  • TSB Equity Release
  • Bridgewater Equity Release
  • Canada Life Interest Select Gold Flexi
  • Just retirement defined benefit
  • L&G Legal & General Flexible Lifetime Mortgage
  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement Drawdown Plan
  • TSB Lifetime Mortgage
  • Royal Bank of Scotland Lifetime Mortgage
  • Liverpool Victoria LV Equity Release Schemes
  • Saga Equity Release Schemes
  • Age Partnership Equity Release Plans

 

Disadvantages of Equity Release Plans

Lifetime mortgage with flexible drawdown cash release can reduce your estate value. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay a valuation fee and you could be exposed to changes in interest rates with some products.

Refinance New Street Mortgages for 2020

Areas of the UK where equity release is popular

  • Lewes
  • Hungerford
  • Stafford
  • Frinton and Walton
  • Worthing
  • Thornaby-on-Tees
  • Burton upon Trent
  • South Elmsall
  • Cramlington
  • Lydney
  • Bewdley
  • Aldershot
  • Middleham