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
It’s usual to discover individuals looking for monthly payment life time mortgage, monthly payment lifetime mortgage or monthly payment equity release, however, Aviva like The Exeter Equity Release are keen to see paperwork to show your situation in the form of investment statements.
Home reversion plans can reduce the value of your estate. Monthly payment life time mortgage may impact ability to get state benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.
The older you are and the sicker you are the more tax free cash you can release.
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.