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
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion plans may impact ability to claim benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.
It is very regular to find people searching for home reversion plans, lumpsum lifetime mortgages or monthly payment equity release, however, More2Life like Fortify Insurance Solutions are keen to see proof of your personal situation in the form of pension statements.
The more elderly you are and the sicker you are the more tax free cash you can release.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.