- Are you still paying a mortgage? That’s fine we can help
- Stay living in your own property
- Can be used to optimise tax planning
- Funding being lent today secured before coronavirus crisis
If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 3.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional mortgage at 3.97% regardless of your age please Click Here
Pitfalls of Lifetime Mortgages
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion schemes may impact entitlements to benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.
The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
Equity Release Loan To Value
- 50% lifetime mortgage with flexible drawdown cash release Fortify Insurance Solutions
- 55% loan to value monthly payment lifetime mortgage Age Concern
- 30% loan to value monthly payment lifetime mortgage Leek United Building Society
- 25% loan to value (LTV) monthly payment equity release United Trust Bank
- 35% loan to value monthly payment equity release Foundation Home Loans
- 30% loan to value monthly payment lifetime mortgage Virgin Money PLC
Successful business owners who could benefit from equity release tax planning
- Wholesale of chemical products Bridgnorth
- Manufacture of tools Epsom and Ewell
- Cold forming or folding Falmouth
- Manufacture of men’s underwear Royal Wootton Bassett
- Manufacture of optical precision instruments Watford
- Manufacture of loaded electronic boards Todmorden
- Manufacture of watches and clocks Skipton
- Wholesale of textiles Oldham
- Retail sale of telecommunications equipment other than mobile telephones Shaftesbury
- Activities of call centres Hemel Hempstead
- Activities of unit trusts Barking
- Retail sale of hardware, paints and glass in specialised stores Shirebrook
- Dispensing chemist in specialised stores Lynton & Lynmouth
- Manufacture of agricultural and forestry machinery other than tractors Chickerell
- Retail sale of fruit and vegetables in specialised stores Dunstable
- Wholesale of musical instruments Ludlow
- Agents involved in the sale of a variety of goods Chester-le-Street
- Manufacture of machinery for textile, apparel and leather production South Woodham Ferrers
- Bookkeeping activities Porthleven
- Other processing and preserving of fruit and vegetables Plympton
- Retail sale of audio and video equipment in specialised stores Cockermouth
- Manufacture of other knitted and crocheted apparel Yarmouth
- Pension funding Olney
- Lead, zinc and tin production Tavistock
- Sea and coastal freight water transport Highworth
- Growing of pome fruits and stone fruits Southwick
- Retail sale of leather goods in specialised stores Hendon
- More 2 Life Capital Choice Plus Plan
- HSBC Equity Release Schemes
- Saga Equity Release Schemes
- More2Life Flexi Choice Drawdown Lite Plan
- More to Life Tailored Choice Plan
- Stonehaven Equity Release Scheme
- Bridgewater Lifetime Mortgage
- Hodge Equity Release Schemes
- NatWest Equity Release Plans
- Royal Bank of Scotland Equity Release Schemes
- Aviva Lifetime Mortgages
- Just Retirement Drawdown Lifetime Mortgage
- L&G Legal & General Flexible Lifetime Mortgage
- NatWest Equity Release
Equity Release Lenders
- the Telegraph
- Pure Retirement
- Just Retirement
- VitalityLife Equity Release
Do Aldermore Bank offer mortgages up to 85?
Yes, Aldermore Bank does mortgages up to 85 at 2.1% MER. Aldermore Bank mortgages up to 85 have a loan to value of 75%.
Does Aldermore Bank offer later life lending to Under 55?
Yes, Aldermore Bank later life lending Under 55 is 1.84% APRC.
Do Aldermore Bank do mortgages over 70?
Yes, Aldermore Bank mortgages over 70 are 1.89% APR.
Do Aldermore Bank do mortgages over 75?
Yes, Aldermore Bank mortgages over 75 are 2.3% APRC.
Do Aldermore Bank do later life lending?
Yes, Aldermore Bank later life lending is 2.28% APR.
What are Aldermore Bank interest rates for retirement mortgages?
Aldermore Bank interest rates for retirement mortgages are 1.91% APRC.
Does Aldermore Bank have favourable reviews for pensioner mortgages?
Yes, Aldermore Bank reviews are superb for pensioner mortgages.
Does the Aldermore Bank rio mortgage calculator show the loan to value?
Yes, the Aldermore Bank RIO mortgage calculator shows a favourable loan to value of 65%.
Does a Aldermore Bank retirement interest only mortgage advisor charge a big fee?
No, Aldermore Bank retirement interest only mortgage advisors are free.
Do Aldermore Bank do mortgages over 60?
Yes, Aldermore Bank mortgages over 60 are 2.27% APR.
Do Aldermore Bank do mortgages over 55?
Yes, Aldermore Bank mortgages over 55 are 2.05% APR.
It’s usual to find individuals seeking out home reversion schemes, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Key Retirement like Legal & General are keen to see paperwork to show your personal circumstances in the form of investment statements.
- Mod Or Housing Association Houses And Bungalows
- RIO Bristol in 2023
- Equity Loan Metro Bank in 2023
- Equity Loan Leeds Building Society UK
- RIO Age 43 UK
- Home Equity Loan Chelsea Building Society for 2023
- Best Retirement Interest Only Mortgages
- Pensioner Mortgage Age 40 for 2023
- Ex Council Properties Ex-Housing Association
- Remortgage Precast Reinforced Concrete Prc Properties UK
- Pensioner Mortgage Iva UK
- Ahli United Bank
- Bad Credit Mortgages Bradford & Bingley Plc in 2023
- Home Equity Loan Non Standard Construction for 2023
- Remortgage Jpmorgan Chase Bank in 2023
- Pensioner Mortgage Age 44 for 2023
- Bad Credit Mortgages Annexe Self Contained Granny Flats for 2023
- Refinance Molo Finance UK
- Pensioner Mortgage Age 48 in 2023
- Equity Loan Greater Manchester for 2023
- RIO Drawdown in 2023
- RIO Age 45 for 2023
- Home Equity Loan No Advisor Fee for 2023
- Interest Only Lifetime Mortgages External Walls Built Entirely Of Single Skin Brickwork for 2023
- Home Equity Loan Monmouthshire Building Society in 2023
- Remortgage Age 50 in 2023
- Retirement Mortgage Darlington Building Society in 2023
- Remortgage Bad Credit Kent Reliance UK
- Home Equity Loan Merseyside Liverpool UK
- Retirement Mortgage Flats And Maisonettes In Blocks Of More Than 10 Storeys for 2023
- Bad Credit Mortgages Bank Of Ireland for 2023
- Godiva Mortgages Ltd
- Equity Loan Age 47 UK
- Interest Only Mortgage Properties With A Steel Frame Bisf for 2023
- Bad Credit Mortgages Asbestos Sheet for 2023
- Refinance Age 42 UK
- Equity Loan Beverley Building Society in 2023
- Pensioner Mortgage Belfast Northern Ireland for 2023
- Remortgage Halifax UK
- Remortgage Bad Credit Manchester Building Society in 2023
- Home Equity Loan Capital Home Loans in 2023
- Pensioner Mortgage Greater London for 2023
- RIO Properties Held By Companies for 2023
- Interest Only Lifetime Mortgages Masthaven Bank for 2023
- Equity Loan Hinckley And Rugby Building Society UK
- Refinance Keystone Property Finance for 2023
- Equity Loan Paragon UK
- RIO Under 50 UK
- Home Equity Loan More To Life in 2023
- Home Equity Loan Daily Telegraph for 2023
- Home Equity Loan Landbay UK
- Retirement Mortgage In House Under 55 for 2023
- Pensioner Mortgage Hanley Mortgages UK
- Equity Loan Buckinghamshire Building Society UK
- Retirement Mortgage Properties Purchased Through A Right To Buy Scheme for 2023
- RIO More Than Two Borrowers for 2023
- Equity Loan Handelsbanken in 2023
- RIO Properties Held In Trust UK
Equity Release LTV Percentages
The more aged you are and the the more illnesses you have you are the more cash you can release.
Towns of the UK where Lifetime Mortgages are routine
- Ingleby Barwick
- Downham Market
- South Cave
- South Cave
- Princes Risborough
- West Bedlington
Hard to mortgage property variants include properties in the course of construction or pre-construction, properties where multiple third parties are living in an annexe, freehold houses and bungalows (England, Wales, Northern Ireland), properties which are made up of multiple titles and freehold flats (England, Wales, Northern Ireland).
Common retirement finance offerings are Lloyds mortgages for over 60s, Barclays Bank retirement interest only mortgages, Post Office mortgages for people 60 plus, Legal & General retirement mortgages and Nationwide Building Society interest only mortgages for over 70s.
Difficult to mortgage property variants can include eco houses and modern methods of construction, properties with pre 1945 asbestos or similar composition roof tiles, studio flats located within the M25, former local authority flats and privately developed flats in blocks of three or four storeys without a lift.
Some of the most popular LTV ratios of Lloyds Bank later life interest only mortgages over 75, HSBC later life interest only mortgages over 70, Post Office interest only mortgages for people over 70, Legal & General later life mortgages for over 60s, Royal Bank of Scotland over 60 lifetime mortgages no fees and Nationwide interest only mortgages for over 70s are 45%, 55% and 65%.
Tough to finance home titles include properties built or converted into dwellings more than 10 years ago, properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, properties with more than one annexe or self-contained part of the property, properties that have solar farms or a large number of wind turbines on the land and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.
Challenging to finance home variants can include high service charges, properties with any kind of structural defect, damp, dry or wet rot, properties with structural problems, asbestos construction and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.
How much money can I release?
You can borrow 70% of your home’s value. For example, if your home is valued at £290,000 you can release £174,000.