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
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 just 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:*

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.

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

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.

Pensioner Mortgage Ex Council Properties Ex-Housing Association

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.

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

Free No Obligation Quote

About You