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’s very regular to discover people looking for home reversion schemes, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, Lifetime Mortgage from L&G like AA equity release are keen to see paperwork to show your personal situation in the form of bank statements.
Interest-only lifetime mortgages can reduce your estate value. Monthly payment equity release may impact ability to get state benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.
The more aged you are and the sicker you are the more money you can release.