Retirement Mortgage Clay Lump Construction House

Are you still paying a mortgage? That’s fine; we can help
All UK Postcodes are acceptable
Properties which are made up of multiple titles are acceptable

If you don’t want a lifetime mortgage or equity release and just want a normal 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*
Your Email Address:*
Phone Number*
First Line Of Your Address:*
Your Postcode:*

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

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*
Contact Phone Number:*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

Areas where equity release is routine

Harpenden
Modbury
Wareham
Bedale
Sandy
Aylsham
Brightlingsea
Rothbury
Bishops Castle
Stowmarket
St Just-in-Penwith
Camelford
Totton and Eling
Godmanchester
Billericay
Dukinfield
Totton and Eling

Pensioner Mortgage Clay Lump Construction House

Legal & General Home Finance lifetime mortgage

Legal & General - Premier Flexible Black

Canada Life Home Finance lifetime mortgage for properties in Scotland

Pure Retirement Ltd joint lifetime mortgage

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 AST Tenant.

Equity Release LTV Percentages

The older you are and the sicker you are, the more tax-free cash you can release.

Equity Release LTV Percentages

50% lumpsum lifetime mortgages Maximum cover Equity Release
35% loan to value home reversion plans More to Life
25% LTV monthly payment equity release Prestige Finance
25% loan to value lumpsum lifetime mortgages Family Building Society

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.

Hodge Equity Release Schemes
L&G Legal & General Premier Flexible Lifetime Mortgage
Liverpool Victoria LV Equity Release Plans
More2Life Tailored Choice Plan
Pure Retirement Drawdown Plan
More to Life Capital Choice Plus Plan
Age Partnership Lifetime Mortgage
Canada Life Lifetime Mortgages
L&G Legal & General Premier Flexible Lifetime Mortgage
More to Life Capital Choice Plus Plan
Nationwide Equity Release Schemes
Aviva Flexible Voluntary Repayment Plan
More2Life Tailored Choice Plan
Canada Life Equity Release Plans
More 2 Life Tailored Choice Plan
Pure Retirement Equity Release Plans
HSBC Lifetime Mortgage
Bridgewater Equity Release
Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
More2Life Flexi Choice Voluntary Payment Super Lite
Stonehaven Interest Select Plan
Age Partnership Lifetime Mortgage

Examples of small business owners with home equity to release

Tax consultancy Woodbridge
Manufacture of non-electronic industrial process control equipment Pocklington
Other non-ferrous metal production Horsforth
Manufacture of pumps Stowmarket
Manufacture of plaster products for construction purposes Chickerell
Landscape service activities Lytchett Minster & Upton
Manufacture of consumer electronics Southall
Residential care activities for the elderly and disabled Selby
Construction of bridges and tunnels in Berkeley
Manufacture and processing of other glass, including technical glassware Harworth and Bircotes
Retail sale of hardware, paints and glass in specialised stores New Mills
Processing of nuclear fuel Louth
Manufacture of mortars Ripley
Production of abrasive products Maldon
Scaffold erection Ellesmere
Manufacture of machinery for metallurgy Teignmouth
Retail sale in commercial art galleries Thorne
Activities of other membership organizations n e c Bootle
Activities of mortgage finance companies St Helens
Furnace and chimney cleaning services Wotton-under-Edge
Urban and suburban passenger railway transportation by underground, metro and similar systems Sutton Coldfield
Building of ships and floating structures in Accrington
Manufacture of corrugated paper and paperboard, sacks and bags Bordon
Manufacture of lime and plaster New Alresford
Manufacture of perfumes and toilet preparations Bentham
Manufacture of woven or tufted carpets and rugs Reading
Manufacture of man-made fibres Wendover
Licensed carriers Leyland

Pensioner Mortgage Ge Money Home Lending Ltd in 2024

Difficult-to-finance home variants can include homes requiring essential repairs, properties where tenants live in a self-contained part of the property, 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.

Everyday pensioner finance products include Lloyds mortgages over 65, Barclays mortgages for 60-year-olds, NatWest later life interest-only mortgages over 60, Legal & General later life mortgages and Nationwide Building Society interest-only mortgages for over 65-year-olds.

Difficult-to-mortgage property types can include difficult roof structures, properties with any external treatment applied to the roof after construction, steel frame/clad properties built before 1990, and coach houses, i.e. freehold properties with garages beneath and flats above or adjacent to commercial premises.

Popular LTV percentages of Lloyds Bank over 60-lifetime mortgages, Barclays interest only lifetime mortgages for over 70s, NatWest equity release schemes for over 55’s, Legal & General mortgages for over 60s, Bank of Scotland later life interest only mortgages over 60 and Nationwide BS mortgages for people over 50 are 40%, 60% and 65%.

Challenging to mortgage property variants include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties converted from modern commercial premises, properties with more than one annexe or self-contained part of the property, properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.

Tough to mortgage home variants include properties with a sinking fund of 7% or more of the property sale price when the property is sold, ground rent where the lease or any deed varying the lease provides for a ground rent exceeding, or where the escalating provisions would result in the ground rent exceeding £250 per annum (or £1000 per annum where the property is in Greater London), derelict property or where part of the building is in severe disrepair and needs demolishing, asbestos construction and properties that has never been registered with the land registry.

How much cash can I borrow?

You can achieve 70% of your property’s valuation. For example, if your home is worth £200,000 you can release £120,000.

RIO Housing Association Or Social Housing in 2024

Retirement Mortgage Properties Held By Companies for 2024

Disadvantages of Equity Release Schemes

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.