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 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.
It is usual to discover individuals searching for home reversion plans, monthly payment life time mortgage or monthly payment equity release, however, Age Partnership like Fortify Insurance Solutions are keen to see evidence of your situation in the form of bank statements.
Monthly payment life time mortgage can reduce the value of your estate. Monthly payment life time mortgage may impact ability to get state benefits. You may need to pay a legal fee and you could have higher rates to pay with some schemes.
The older you are and the unhealthier you are the more cash you can release.