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 older you are and the the more illnesses you have you are the more tax free money you can release.
It’s usual to find individuals searching for monthly payment equity release, lumpsum lifetime mortgages or home reversion schemes, however, Key Solutions like AIG Life are keen to see paperwork to show your personal situation in the form of pension statements.
The 1st and 2nd charge 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 Private Tenant.
Interest-only lifetime mortgages can reduce the value of your estate. Home reversion schemes may impact entitlements to state benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.