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
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an AST Tenant.
It’s often found to find individuals seeking out lump sum lifetime mortgages, lump sum life time mortgages or home reversion schemes, however, Sunlife Plans like VitalityLife Equity Release are keen to see proof of your personal situation in the form of bank statements.
Monthly payment life time mortgage can reduce your estate value. Interest-only lifetime mortgages 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 more aged you are and the the more illnesses you have you are the more tax free money you can release.