Lifetime Mortgage Canada Life

Retirement Mortgage Canada Life

  • Release tax-free money from your home.
  • No regular monthly payments
  • Still, have some mortgage outstanding? No problems
  • No broker fees are added on
  • Freehold flats are acceptable

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

  • Free No Obligation Quote

  • Please enter a number from 6000 to 2000000.
  • About You

Not interested in equity release? Do you want a conventional interest-only mortgage at 3.97%, regardless of your age? Please Click Here

Over 60
Over 55
lifetime mortgage



  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

Over 60

 

  • Aviva Equity Release Schemes
  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • Bridgewater Equity Release Plans
  • Hodge Equity Release Schemes
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Liverpool Victoria LV Equity Release
  • Pure Retirement Equity Release Plans
  • Stonehaven Equity Release Scheme
  • Age Partnership Equity Release Schemes
  • Pure Retirement Equity Release
  • TSB Equity Release
  • Hodge Lifetime Mortgage Plus
  • Lloyds Bank Equity Release Plans
  • Just Retirement Drawdown Lifetime Mortgage
  • Nationwide Equity Release Plans
  • HSBC Equity Release Plans
  • Lloyds Bank Equity Release Plans
  • More 2 Life Flexi Choice Voluntary Payment Super Lite

The mortgage lender will want to know if the property is a semi-detached freehold house or a Leasehold flat with a share of freehold and if the resident is an Assured shorthold tenancy tenant.

Pensioner Mortgage Age 49 in 2025


How much is it common to release from a home

  • 54.22% home reversion plans The Exeter Equity Release
  • 30% LTV monthly payment equity release Central Trust
  • 34.22% loan to value (LTV) home reversion schemes More to Life
Home Equity Loan Direct Lender UK



Pitfalls of Home Reversion Plans

A lifetime mortgage with flexible drawdown cash release can reduce the value of your estate. Monthly payments on a lifetime mortgage may impact your ability to claim entitlements. You may need to pay an advisor’s fee, and with some products, you could be exposed to changes in interest rates.

Pensioner Mortgage Canada Life

 

Equity Release LTV Percentages

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

LV= Flexible Lifetime Mortgage

Canada Life - Lifestyle Lite

Aviva - Lifestyle Flexible Option

Canada Life Home Finance lifetime mortgage

More2Life - Capital Choice Plan

UK Providers for Equity Release

  • Just Retirement
  • Prudential
  • Key Retirement

 

Areas where equity release is routine

  • Cramlington
  • Ashburton
  • Bewdley
  • Wirksworth
  • Leatherhead
  • Stapleford
  • Accrington
  • Willenhall
  • Queenborough-in-Sheppey
  • Quedgeley

It’s common to find individuals searching for a lifetime mortgage with flexible drawdown cash release, a monthly payment lifetime mortgage, or a lifetime mortgage with flexible drawdown cash release. However, Aviva, like Fortify Insurance Solutions, is keen to see paperwork showing your situation in the form of pension statements.

Aviva Retirement Mortgages

Interest Only Lifetime Mortgages Canada Life

Hodge Lifetime Retirement Mortgages

More2Life Lifetime Mortgages

One Family Mortgages

Just Drawdown Lifetime Mortgages

Aviva

 

Examples of retired small business owners likely to have equity to release

  • Technical and Vocational Secondary Education Marlborough
  • Manufacture of watches and clocks Brackley
  • Manufacture of plastic packing goods Torquay
  • Manufacture of fasteners and screw machine products Conisbrough
  • Manufacture of luggage, handbags and the like, saddlery and harness Hedon
  • Retail sale of telecommunications equipment other than mobile telephones Witney
  • Finishing of textiles Hounslow
  • Raising of sheep and goats Grassington
  • Other social work activities without accommodation n e c Winterton
  • Museums activities Nailsea
  • Activities of agricultural holding companies Bacup
  • Activities of extraterritorial organizations and bodies Wooler
  • Non-scheduled passenger air transport Burslem
  • Financial management St Columb Major
  • Remediation activities and other waste management services East Cowes
  • Social work activities without accommodation for the elderly and disabled Hedge End
  • Travel agency activities Silloth
  • Mining of uranium and thorium ores Coggeshall
  • Other amusement and recreation activities n e c, Kimberley
  • Sea and coastal passenger water transport Medlar-with-Wesham
  • Repair and maintenance of other transport equipment n e c Reading
  • Wholesale of machine tools Rushden
  • Growing of rice Midsomer Norton

 

 

Hard-to-mortgage home variants can include properties in the course of construction or pre-construction, properties where the ownership is set up on a tenancy in common basis, freehold houses and bungalows (England, Wales, Northern Ireland), properties where the customer is offering only part of the title as security for the loan, and properties with owned solar panels.

Common retirement loan offerings are Lloyds Bank lifetime mortgages for people over 60, Barclays Bank mortgages for people over 70, Post Office mortgages for people 60 plus, Legal & General interest-only mortgages for people over 70, and Nationwide Building Society lifetime mortgages.

Hard-to-finance home types include prefabricated reinforced concrete (PRC), properties with spray foam insulation applied to the underside of the roof, properties constructed or converted within the past 10 years, studio flats outside the M25, and freehold flats (England, Wales, Northern Ireland).

Popular LTV percentages of Lloyds Bank over 60 lifetime mortgages no fees, Barclays lifetime mortgages for people over 55, NatWest mortgages for over 50-year-olds, L&G equity release plans for people over 60, RBS interest only mortgages for over 60s and Nationwide mortgages for pensioners over 60 are 50%, 54.22% and 70%.

Does Canada Life offer mortgages up to 85?

Yes, Canada Life offers mortgages up to 85 at 2.16% APR, with an LTV of 54.22%.

Does Canada Life offer later life lending to Under 55?

Yes, Canada Life later life lending Under 55 is 2.01% MER.

Does Canada Life offer mortgages over 70?

Yes, Canada Life mortgages over 70 are 2.2% MER.

Does Canada Life do mortgages over 75?

Yes, Canada Life mortgages over 75 are 1.84.22% MER.

Do Canada Life do later life lending?

Yes, Canada Life later life lending is 2.02% APR.

What are the current Canada Life rates for retirement mortgages?

Canada Life’s interest rates for retirement mortgages are 2.27% MER.

Does Canada Life have good reviews for pensioner mortgages?

Yes, Canada Life reviews are splendid for pensioner mortgages.

Does the Canada Life Rio mortgage calculator show the loan to value (ltv)?

The Canada Life RIO mortgage calculator shows a good loan-to-value (ltv) of 54.22%.

Does a Canada Life retirement interest-only mortgage advisor charge a hefty fee?

No, Canada Life retirement interest-only mortgage advisors are free.

Does Canada Life do mortgages over 60?

Yes, Canada Life mortgages over 60 are 2.17% APRC.

Does Canada Life do mortgages over 55?

Yes, Canada Life mortgages over 55 are 2.03% APRC.

Challenging to finance property variants include properties built or converted into dwellings more than 10 years ago, properties with a large number/scale of outbuildings, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties that have solar farms or a large number of wind turbines on the land and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.

Challenging to finance property variants can include properties built on contaminated land, properties without a kitchen or bathroom, some properties with sitting tenants or regulated tenancies, asbestos construction and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.

Today's Date: 18 April 2025

Published on: 12 June 2020

Last Updated on: 9 January 2025