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