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
Monthly payment lifetime mortgage can reduce the inheritance for your family. Lifetime mortgage with flexible drawdown cash 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 older you are and the more serious your illnesses you are the more cash you can release.
It’s very regular to find people looking for lifetime mortgage with flexible drawdown cash release, lumpsum lifetime mortgages or home reversion plans, however, Legal and General like Aegon are keen to see proof of your situation in the form of pension statements.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Private Tenant.