If you don’t want a lifetime mortgage or equity release, and just want a normal interest-only mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest-only mortgage at 1.97% regardless of your age please Click Here
The mortgage lender will want to know if the property is a Freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
It is common to find individuals searching for monthly payment life time mortgage, lumpsum lifetime mortgages or home reversion plans, however, Key Retirement like Royal London Equity Release are keen to see evidence of your personal circumstances in the form of pension statements.
Lump sum lifetime mortgages can reduce your estate value. Lump sum lifetime mortgages may impact ability to claim entitlements. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
The more aged you are and the sicker you are the more money you can release.