Lifetime Mortgage Ex Council Properties Ex-Housing Association

Retirement Mortgage Ex Council Properties Ex-Housing Association

  • Release money from your house
  • No regular monthly payments
  • Help a family member buy their own home with a smaller mortgage
  • Still, have a few more mortgages payments to make? We can help with that
  • Stay living in your own property
  • Often used to optimise tax planning
  • No lender fee charged
  • All UK Postcodes are acceptable
  • Prefabricated properties are OK

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

  • Please enter a number from 6000 to 2000000.
  • About You

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

pensioner mortgage
lifetime mortgage
retirement mortgages
Under 55

  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

retirement mortgages interest only
retirement mortgages
Over 55

 

  • Canada Life Voluntary Select Gold Flexi
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • Pure Retirement Equity Release Plans
  • Stonehaven Equity Release Plan
  • Lloyds Bank Equity Release
  • TSB Lifetime Mortgage
  • Royal Bank of Scotland Equity Release Schemes
  • Bridgewater Equity Release Plans
  • More2Life Flexi Choice Drawdown Lite Plan
  • Just Retirement Equity Release Schemes
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • Pure Retirement Equity Release
  • Stonehaven Equity Release Plan
  • Aviva Lifetime Mortgage
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Pure Retirement Classic Drawdown Lite Plan

 

Business owners who could benefit from equity release tax planning

  • Manufacture of caravans Epworth
  • Freight air transport Orford
  • Manufacture of sugar confectionery Watton
  • Cargo handling for water transport activities Earby
  • Manufacture of plastics and rubber machinery St Blaise
  • Manufacture of glass fibres Denholme
  • Raising of other cattle and buffaloes Crosby
  • Manufacture of batteries and accumulators Garstang
  • Production of abrasive products Syston
  • Manufacture of loaded electronic boards Hemel Hempstead
  • Floor and wall covering Hoddesdon
  • Management of real estate on a fee or contract basis Kingston-upon-Thames
  • Printing n e c Barnoldswick
  • Manufacture of other inorganic basic chemicals Tipton
  • Other manufacturing n e c Exmouth
  • Painting Saffron Walden
  • Other service activities n e c Longridge
  • Other building completion and finishing Leominster
  • Remediation activities and other waste management services Woodstock
  • Other residential care activities n e c Market Rasen
  • Distribution of electricity Ipswich
  • Public order and safety activities Penwortham
  • Precious metals production Basingstoke
  • Manufacture of watches and clocks Thaxted
  • Residential nursing care facilities Ramsgate
  • Translation and interpretation activities Bentham

The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an AST Tenant.

Remortgage Dudley Building Society for 2024

Home Equity Loan No Credit Check for 2024

Drawbacks of Lifetime Mortgages

Interest-only lifetime mortgages can reduce the inheritance for your family. Monthly payment life time mortgage may impact ability to claim benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

Aviva Mortgages

Canada Life Lifetime Mortgages

LV

Interest Only Lifetime Mortgages Ex Council Properties Ex-Housing Association

Just Retirement Mortgages

It’s usual to find people searching for monthly payment equity release, lump sum life time mortgages or monthly payment equity release, however, Legal and General like AA equity release are keen to see proof of your personal situation in the form of pension statements.

Equity Release percentages of your current property value

  • 60% lumpsum lifetime mortgages Legal & General
  • 25% loan to value (LTV) monthly payment equity release Stafford Railway Building Society
  • 35% loan to value interest-only lifetime mortgages LV lifetime mortgage
  • 25% loan to value monthly payment equity release Optimum

 

Equity Release LTV Percentages

The more aged you are and the sicker you are the more cash you can release.

Canada Life - Lifestyle Lite

Pure Retirement Ltd joint lifetime mortgage

Hodge Lifetime - Lump Sum Lifetime Mortgage

Canada Life Home Finance lifetime mortgage

Pensioner Mortgage Ex Council Properties Ex-Housing Association

Pure Retirement Ltd lifetime mortgage

Legal & General - Flexible Yellow

Legal & General Home Finance lifetime mortgage

Difficult to mortgage home types include properties where proposed building works have not yet commenced, properties where multiple third parties are living in an annexe, feuhold/freehold properties (including flats) in Scotland, properties with unregistered titles subject to these being registered as part of the legal process and properties owned under any form of shared equity scheme.

Common pensioner mortgage products are Lloyds Bank interest only mortgages for over 70s, HSBC help to buy for over 60s, Post Office lifetime mortgages, Legal & General interest only mortgages for over 60s near London and Nationwide Building Society RIO mortgages.

Difficult to mortgage home variants include difficult roof structures, properties with pre 1945 asbestos or similar composition roof tiles, steel frame/clad properties built before 1990, studio flats outside the M25 and properties where the flat is accessed via a deck or balcony.

Popular loan to value percentage ratios of TSB interest only mortgages for people over 70, Barclays Bank later life interest only mortgages over 75, Halifax mortgages for over 70s, L&G interest only mortgages for over 70s, RBS mortgages over 65 and Nationwide Building Society equity release schemes for people over 70 are 50%, 55% and 70%.

Tough to finance property variants can include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties converted from modern commercial premises, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties in coastal areas that may be affected by erosion.

Tough to mortgage property titles can include properties will be assessed for flood risk, properties close to mining works, areas of landfill, areas of recent flooding or subsidence, property is uninhabitable, mundic homes and concrete frame.

Equity release loan to value?

You can achieve 60% of your property’s value. For example, if your house is worth £360,000 you can release £252,000.

Canada LIfe - Interest Select Gold Flexi

Pure Retirement - Classic Super Lite

OneFamily lifetime mortgage

 

Equity Release UK Lenders

  • the Telegraph
  • Pure Retirement
  • Aviva

 

Towns in the UK where retirement mortgages are routine

  • Cleckheaton
  • Whitby
  • Billingham
  • Saxmundham
  • Wimbledon
  • Corringham
  • Ashby Woulds
  • Morecambe
  • Spilsby
  • Horley
  • Bourne
  • Whitnash