- Remove tax free money from your house
- Help your family with the cash you release
- 1.94% Equity Release
- Still, have some mortgage outstanding? No problems
- Stay living in your own home
- Mortgage lender not impacted by corona virus crisis
- All parts of the UK are acceptable
- Steel, concrete and timber construction properties 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
Not interested in equity release? Do you just want a conventional mortgage at 3.97% regardless of your age please Click Here
Equity Release Loan To Value
- 60% monthly payment life time mortgage LV Liverpool Victoria
- 60% loan to value monthly payment equity release Together Money
- 40% loan to value (LTV) lumpsum lifetime mortgages West One
Pensioner Mortgage Corrugated Iron Roofs Property-Iron
Interest Only Lifetime Mortgages Corrugated Iron Roofs Property-Iron
- L&G Legal & General Premier Flexible Lifetime Mortgage
- Lloyds Bank Equity Release Schemes
- TSB Equity Release Plans
- NatWest Lifetime Mortgage
- More to Life Capital Choice Plan
- Canada Life Lifestyle Lite Flexi
- Hodge Lifetime Flexible Drawdown Plan
- More to Life Flexi Choice Drawdown Lite Plan
- Pure Retirement Classic Drawdown Lite Plan
- HSBC Equity Release
- Bridgewater Equity Release Schemes
- NatWest Equity Release Schemes
- Aviva Equity Release
- Bridgewater Equity Release
- Canada Life Lifetime Mortgage
- Hodge Indexed Lifetime Mortgage
- Pure Retirement Equity Release Plans
- Lloyds Bank Equity Release
- Age Partnership Equity Release Plans
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
Equity Release Scheme Providers
- Just Retirement
- Santander
- Key Retirement
- Bridgewater
It’s very regular to find individuals searching for interest-only lifetime mortgages, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Lifetime Mortgage from L&G like Maximum cover Equity Release are keen to see evidence of your situation in the form of pension statements.
Drawbacks of Home Reversion Schemes
Lump sum lifetime mortgages can reduce the inheritance for your family. Lump sum lifetime mortgages may impact ability to claim entitlements. You may need to pay a valuation fee and some products expose you to changes in interest rates.
Business owners who could benefit from equity release estate planning
- Pension funding Aspatria
- Compulsory social security activities Stratford-upon-Avon
- Development of building projects Tetbury
- Manufacture of other non-metallic mineral products n e c Verwood
- Retail sale of music and video recordings in specialised stores Sheringham
- Wholesale trade of motor vehicle parts and accessories Willenhall
- Activities of extraterritorial organizations and bodies Ashby-de-la-Zouch
- Activities of households as employers of domestic personnel Tamworth
- Growing of sugar cane Stonehouse
- Production of abrasive products Newcastle-under-Lyme
- Agents specialized in the sale of other particular products Taunton
- Finishing of textiles Barking
- Wholesale of clothing and footwear Lytchett Minster & Upton
- Information technology consultancy activities Beaconsfield
- Manufacture of batteries and accumulators Ventnor
- Manufacture of other men’s outerwear Plympton
- Gathering of wild growing non-wood products Burslem
- Renting and leasing of trucks and other heavy vehicles Brierley
- Other transportation support activities Bromborough
- Other urban, suburban or metropolitan passenger land transport not underground, metro or similar Scunthorpe
- Manufacture of cement Middleham
- Operation of gravel and sand pits; mining of clays and kaolin Bakewell
- Deep coal mines Amersham
- Manufacture of women’s underwear Hastings
- Museums activities Kirkbymoorside
- RIO National Counties Building Society Bs UK
- Interest Only Mortgage Kensington Mortgage Company for 2024
- Retirement Mortgage Jpmorgan Chase Bank in 2024
- RIO Best Retirement Interest Only Mortgages for 2024
- RIO Manchester Building Society for 2024
- Home Equity Loan Buckinghamshire Building Society for 2024
- RIO Bank Of Ireland for 2024
- Pensioner Mortgage Family Building Society in 2024
- Equity Loan Cynergy Bank for 2024
- Remortgage Bad Credit Hinckley And Rugby Building Society in 2024
- Pensioner Mortgage Allied Irish Bank Aib in 2024
- Remortgage Category A & B Listings Scotland Listed in 2024
- Remortgage Bad Credit Properties Involved In Commercial Farming UK
- Refinance Market Harborough Building Society UK
- Equity Loan Properties Valued Less Than £70000 for 2024
- Interest Only Mortgage Molo Finance UK
- Pensioner Mortgage Platform in 2024
- Refinance No Broker Fee for 2024
- RIO Leeds And Holbeck Building Society UK
- Interest Only Lifetime Mortgages Ahli United Bank in 2024
- Refinance No Credit Check UK
- Bad Credit Mortgages Metro Bank for 2024
- Refinance Itl Mortgages in 2024
- Remortgage Asbestos Sheet for 2024
- Pensioner Mortgage Declined in 2024
- RIO Iva in 2024
- Retirement Mortgage Age 49 UK
- Pensioner Mortgage M&S Bank for 2024
- Home Equity Loan Mansfield Bs in 2024
- Bad Credit Mortgages Foreign Nationals for 2024
- Equity Loan Bank Of Ireland Mortgages UK
- Retirement Mortgage No Advisor Fee in 2024
- Refinance Drawdown UK
- Properties Held In Trust
- Pensioner Mortgage Age 44 for 2024
- Bad Credit Mortgages Freehold Flat in 2024
- Equity Loan Mod Or Housing Association Houses And Bungalows UK
- For Retirement Properties
- Interest Only Lifetime Mortgages Coutts Finance Co in 2024
- Interest Only Lifetime Mortgages Halifax for 2024
- Refinance Properties Adjacent To Commercial Premises UK
- Interest Only Lifetime Mortgages Harpenden Building Society UK
- RIO Clydesdale Bank UK
- Bad Credit Mortgages No Credit Check for 2024
- Remortgage Bad Credit Non Standard Construction in 2024
- Equity Loan Age 41 for 2024
- Interest Only Mortgage Age 48 in 2024
- RIO Furness Building Society in 2024
- Home Equity Loan Housing Association Or Social Housing for 2024
- Home Equity Loan For 50 Year Olds UK
- Remortgage Flats Within A Block Of 4-5 Storeys Or More No Lift in 2024
- Pensioner Mortgage Bluestone Mortgages in 2024
- Home Equity Loan Corrugated Iron Roofs Property-Iron UK
- Pensioner Mortgage Foundation Home Loans in 2024
- Remortgage Bad Credit Ecology Building Society in 2024
- RIO Properties High Risk To Subsidence Or Movement in 2024
- Remortgage Move Provider in 2024
- Equity Loan Beverley Building Society in 2024
- Remortgage Age 54 for 2024
Towns of the UK where Lifetime Mortgages are routine
- Alford
- St Mary Cray
- Ampthill
- Fairford
- Cleckheaton
- Walthamstow
- Fareham
- Barnard Castle
- Steyning
- Kirton-in-Lindsey
- Snaith and Cowick
- Wiveliscombe
- Sandbach
- Ramsey
- Barnoldswick
Difficult to finance home types can include properties in poor condition, properties where the ownership is set up on a tenancy in common basis, feuhold/freehold properties (including flats) in Scotland, properties which are made up of multiple titles and properties with owned solar panels.
Many of the most appealing pensioner loan products include Lloyds Bank retirement mortgages, Barclays interest only mortgages for people over 60, Halifax later life mortgages, Legal and General equity release schemes and Nationwide Building Society mortgages over 65.
Difficult to finance property types can include pre-fabricated reinforced concrete (PRC), properties with pre 1945 asbestos or similar composition roof tiles, privately developed flats, maximum four storeys with a lift, freehold/feuhold flats (Scotland only) and properties where the flat is accessed via a deck or balcony.
Popular loan to value percentages of Lloyds lifetime mortgages for people over 55, HSBC interest only mortgages for over 60s near London, Post Office interest only lifetime mortgages for over 70s, L&G later life borrowing schemes over 55, RBS mortgages for people 60 plus and Nationwide lifetime mortgages for over 55s are 45%, 60% and 65%.
Challenging to finance home variants 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 converted from modern commercial premises, use of the land and any outbuildings for a small amount of personal commercial use., properties that are being used for personal commercial use and properties with mobile phone masts which are within influencing distance of the house.
Tough to mortgage home variants can include high service charges, 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 Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.
How much cash can I borrow?
You can release 65% of your property’s value. For example, if your house is valued at £200,000 you can release £140,000.
Equity Release LTV
The older you are and the unhealthier you are the more tax free cash you can release.