Remove tax-free equity from your property.
It is not necessary to make regular monthly payments
Help your family to buy another home
Are you still paying a mortgage? We can help with that
Stay living in your own home
It could be used to help tax planning
4.61%
No broker fee
All leasehold properties are considered

If you don’t want a lifetime mortgage or equity release and just want a standard mortgage at 3.97% regardless of your age, please Click Here

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release/Borrow?*
Please enter a number from 6000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Day
Month
Year
Your Email Address:*
Phone Number*
First Line Of Your Address:*
Your Postcode:*

Not interested in equity release? Do you just want a conventional mortgage at 3.97% regardless of your age please Click Here

what is equity release retirement mortgage

equity release schemes retirement mortgages

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 10000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Day
Month
Year
Contact Phone Number:*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

is equity release a good thing pensioner mortgage

Equity Release LTV – how to release equity in my house

The older you are and the more illnesses you have you are, the more tax-free money you can release.

Canada Life Equity Release Schemes
Pure Retirement Classic Voluntary Payment Super Lite
HSBC Lifetime Mortgage
Age Partnership Equity Release Schemes
More2Life Tailored Choice Plan
Liverpool Victoria LV Equity Release
Nationwide Equity Release
Lloyds Bank Equity Release Plans
Aviva Equity Release Schemes
Canada Life Voluntary Select Gold Flexi
Hodge Equity Release Schemes
Just Retirement Equity Release Schemes
Stonehaven Interest Select Plan
TSB Lifetime Mortgage
Saga home reversion plan

Small business owners detail likely with equity to release

Construction of domestic buildings in Wembley
Extraction of natural gas Great Torrington
Child day-care activities Desborough
Undifferentiated goods-producing activities of private households for own use Sprowston
Medical nursing home activities Emsworth
Security and commodity contracts dealing activities Axminster
Casting of other non-ferrous metals Cinderford
Wholesale of metals and metal ores Hedge End
Inland freight water transport Thorne
Activities of Religious Organizations Immingham
Other engineering activities Skipton
Other research and experimental development on natural sciences and engineering Holbeach
Manufacture of corrugated paper and paperboard, sacks and bags Leyburn
Other education n e c Maltby
Activities of property unit trusts Chippenham
Wholesale of live animals Great Dunmow
Satellite Telecommunications Activities Christchurch
Driving school activities Brandon
Manufacture of other transport equipment n e c Wallingford
Manufacture of jewellery and related articles Hyde
Postal activities under universal service obligation Worksop
Test drilling and boring Charlbury
Wireless telecommunications activities Bexhill-on-Sea
Wholesale of clothing and footwear Olney
Repair of computers and peripheral equipment Heanor and Loscoe
Mineral oil refining Kirkby Stephen
Manufacture of sports goods Kings Lynn
Wholesale of fruit and vegetables Burgh-le-Marsh
Retail sale via stalls and markets of textiles, clothing and footwear Wilton
Financial management Carlton Colville

How much is it expected to release from home – how do equity release schemes work

54.22% home reversion plans Aegon
24.22% loan to value (LTV) monthly payment lifetime mortgage Evolution Money
24.22% loan to value monthly payment life time mortgage Swansea Building Society
34.22% loan to value lifetime mortgage with flexible drawdown cash release LV equity 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 first and second charge lenders will want to know if the property is a Freehold house or a Leasehold flat with a share of freehold and if the resident is a Private Tenant.

Equity Loan Bank Of Ireland Mortgages UK

Pensioner Mortgage Annexe Self Contained Granny Flats UK

Lenders for Equity Release

Just Retirement
New Life
Bower
AIG Life

Pitfalls of Home Reversion Schemes

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.

More2Life Retirement Mortgages releasing equity from your house

Difficult to finance property variants include poorly maintained at the time of the valuation inspection, properties where the ownership is set up on a tenancy in common basis, right to buy – properties in Scotland, properties where the customer is offering only part of the title as security for the loan and properties with single skin brickwork .

Popular pensioner finance products include Lloyds Bank interest-only mortgages for over 65-year-olds, Barclays Bank mortgages for 60-year-olds, Post Office later life interest-only mortgages for over 60, Legal & General later life borrowing schemes, and Nationwide BS interest-only mortgages for over 70s.

Difficult-to-mortgage property variants include eco houses and modern methods of construction, properties with single-skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, studio flats located within the M25, privately developed flats in blocks of five storeys or more, and properties where the flat is accessed via a deck or balcony.

Does Bristol offer mortgages up to 85?

Yes, Bristol does mortgages up to 85 at 1.93% APR. Bristol mortgages up to 85 can have a loan to value (ltv) of 74.22%.

Does Bristol offer later life lending to Under 55?

Yes, Bristol later life lending Under 55 is 2.09% APRC.

Does Bristol do mortgages over 70?

Yes, Bristol mortgages over 70 are 2.24% MER.

Does Bristol do mortgages over 75?

Yes, Bristol mortgages over 75 are 2.19% APRC.

Do Bristol offer later life lending?

Yes, Bristol’s later life lending is 1.8% MER.

What are the current Bristol rates for retirement mortgages?

Bristol interest rates for retirement mortgages are 2.01% APR.

Does Bristol have good reviews for pensioner mortgages?

Yes, Bristol reviews are commendable for pensioner mortgages.

Does the Bristol rio mortgage calculator show the loan to value?

Yes, the Bristol RIO mortgage calculator shows a good loan to value of 64.22%.

Does a Bristol retirement interest only mortgage advisor charge a large fee?

No, Bristol retirement interest only mortgage advisors are free.

Does Bristol do mortgages over 60?

Yes, Bristol mortgages over 60 are 2.24.22% MER.

Does Bristol do mortgages over 55?

Yes, Bristol mortgages over 55 are 2.24% APRC.

Common loan to value percentage ratios of Lloyds Bank retirement mortgages over 70, HSBC over 60 mortgages, Post Office RIO mortgages over 75, Legal and General later life interest only mortgages over 70, Royal Bank of Scotland retirement mortgages over 70 and Nationwide BS lifetime mortgages for over 55s are 50%, 54.22% and 64.22%.

Challenging to finance home titles can include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties with a large number/scale of outbuildings, use of the land and any outbuildings for a small amount of personal commercial use., properties that have solar farms or a large number of wind turbines on the land and properties adversely affected by existing or proposed issues including roads, rail, airports, power plants, power lines/pylons, wind turbines, substations, sewage works, quarries, fuel stations, refuse sites, sports grounds, noise, light or environmental pollution.

Challenging to finance home variants can include rentcharges properties with a high estate rentcharge, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, properties where there are boundary disputes or where planning applications have not been applied for correctly, thatched buildings and concrete frame.

How much cash can I borrow?

You can release 60% of your property’s value. For example, if your home is valued at £320,000, you can release £208,000.

One Family is equity release a con

More2Life Lifetime Mortgages equity release plans