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
It is very regular to encounter individuals searching for home reversion schemes, monthly payment life time mortgage or monthly payment equity release, however, Key Retirement like Aegon are keen to see evidence of your situation in the form of bank statements.
The lender will want to know if the property is a Freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
The more elderly you are and the unhealthier you are the more tax free money you can release.
Monthly payment lifetime mortgage can reduce the value of your estate. Home reversion plans may impact ability to claim benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.