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 mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.
The older you are and the sicker you are the more tax free cash you can release.
It is usual to discover individuals looking for lump sum lifetime mortgages, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Sunlife Plans like Legal & General are keen to see paperwork to show your circumstances in the form of pension statements.
Lifetime mortgage with flexible drawdown cash release can reduce your estate value. Home reversion schemes may impact entitlements to state benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.