Remove tax-free money from your home
No need to make regular monthly payments
Still, have a mortgage? We can help with that
Continue to stay in your home
Mortgage lender no impacted by corona virus-covid 19 crisis
Difficult property types 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:*

Drawbacks of Equity Release Plans

Home reversion plans can reduce your estate value. Monthly payment equity release 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 lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.

Towns where equity release is common

Heathfield
Ambleside
Pershore
Shepton Mallet
Wainfleet All Saints
Oswestry
Bognor Regis
Alcester
Boston
Gorleston-on-Sea
Uttoxeter
Lechlade
Berkeley
Ulverston
Wallsend
Kempston

Pensioner Mortgage Ex Local Authority Flats Or Maisonettes

It’s very regular to discover individuals searching for monthly payment lifetime mortgage, monthly payment lifetime mortgage or home reversion schemes, however, Age Partnership like Royal London Equity Release are keen to see paperwork to show your personal circumstances in the form of pension statements.

Interest Only Lifetime Mortgages Ex Local Authority Flats Or Maisonettes

How much is it common to release from a home

The older you are and the more serious your illnesses you are the more tax free cash you can release.

Aviva Equity Release Schemes
Hodge Lifetime Flexible Drawdown Plan
Stonehaven Interest Select Plan
Saga Equity Release Plans
Age Partnership Equity Release Schemes
Aviva Lifestyle Flexible Option
Canada Life Voluntary Select Gold
Just Retirement Equity Release Plans
Liverpool Victoria LV Equity Release
More 2 Life Capital Choice Plus Plan
Royal Bank of Scotland Equity Release
Saga home reversion schemes
Liverpool Victoria LV Equity Release Schemes
Pure Retirement Equity Release Schemes
Nationwide Equity Release
Lloyds Bank Lifetime Mortgage
TSB Lifetime Interest Only Mortgage
Royal Bank of Scotland Equity Release Schemes
Age Partnership Equity Release Schemes
Bridgewater Equity Release Schemes
Liverpool Victoria LV= Flexible Lifetime Mortgage
More 2 Life Capital Choice Plus Plan
Age Partnership Equity Release Plans

Legal and General Retirement Mortgages

Difficult to mortgage home types can include poorly maintained at the time of the valuation inspection, age restricted properties, right to buy – properties in Scotland, properties where the customer is offering only part of the title as security for the loan and properties where the borrower(s) own the freehold with any connected party .

Many of the most appealing retirement loan offerings are TSB help to buy for over 60s, Barclays interest only mortgages for over 60s, Halifax mortgages for 60 plus pensioners, Legal & General pensioner mortgages and Nationwide Building Society later life borrowing schemes.

Difficult to mortgage home variants include eco houses and modern methods of construction, properties with pre 1945 asbestos or similar composition roof tiles, privately developed flats, maximum four storeys with a lift, privately developed flats in blocks of five storeys or more and basement or lower ground floor flats with level access to private or communal garden space.

Some of the most common loan to value percentage ratios of TSB lifetime mortgages for over 55s, Barclays Bank retirement mortgages over 70, NatWest mortgages for over 50 year olds, L&G interest only lifetime mortgages for over 60s, Royal Bank of Scotland interest only lifetime mortgages for over 70s and Nationwide BS lifetime mortgages for over 60s are 45%, 60% and 65%.

Challenging to mortgage home titles include properties built or converted into dwellings more than 10 years ago, properties with flying or creeping freehold which comprises 15% or less of the total floor area, properties with more than one annexe or self-contained part of the property, properties that have solar farms or a large number of wind turbines on the land and properties with mobile phone masts which are within influencing distance of the house.

Tough to finance home titles can include properties will be assessed for flood risk, properties with any kind of structural defect, damp, dry or wet rot, some properties with sitting tenants or regulated tenancies, asbestos construction and missing planning permission or building regulations approval.

How much money can I borrow?

You can release 70% of your property’s value. As an example, if your home is valued at £320,000 you can get £192,000.

Aviva Retirement Mortgages

Crown Retirement Mortgages

Equity Release Loan To Value

55% monthly payment life time mortgage VitalityLife Equity Release
45% LTV lifetime mortgage with flexible drawdown cash release Shawbrook
40% loan to value home reversion plans Pure Retirement
25% loan to value monthly payment life time mortgage Santander

Successful business owners who could benefit from Home Reversion Scheme estate planning

Engineering design activities for industrial process and production Callington
Manufacture of electric motors, generators and transformers Dalton Town with Newton
Manufacture of lifting and handling equipment Hetton
Cold rolling of narrow strip Southend-on-Sea
Machining Surbiton
Manufacture of motor vehicles Elland
Other service activities n e c Dulverton
Wireless telecommunications activities Barnoldswick
Manufacture of flat glass Filey
Other mining and quarrying n e c Wood Green
Retail sale of textiles in specialised stores Cowes
Retail sale of footwear in specialised stores Halesowen
Other publishing activities Ashbourne
Renting and leasing of other personal and household goods Thornaby-on-Tees
Residents property management Hungerford
Manufacture of pumps Alton
Tax consultancy Thorne
Manufacture of footwear Ashby Woulds
Preparation and spinning of textile fibres Burton upon Trent
Research and experimental development on biotechnology Whitchurch
Scaffold erection Frodsham
Architectural activities Raunds
Finishing of textiles Godalming
Raising of horses and other equines Skipton
Manufacture of electrical and electronic equipment for motor vehicles and their engines Ossett
Book publishing Crewkerne
Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & video tapes and the equipment used for playing them Bromborough

UK Equity Release Scheme Providers

Just Retirement
LV lifetime mortgage
Key Retirement
Prudential Lifetime

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