No regular monthly payments
Help your family with the money you release
Still, have a few more mortgages payments to make? No problems
Stay living in your own home for as long as you like
Product not affected by corona virus-covid 19 crisis
No broker fee
All areas of the UK are acceptable including Northern Ireland
Wimpey No fines construction properties are acceptable

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:*

Pensioner Mortgage Ex-Local Authority Steel Frame Properties

Aviva Lifetime Mortgage
More 2 Life Capital Choice Plan
L&G Legal & General Premier Flexible Lifetime Mortgage
Stonehaven Equity Release Scheme
Nationwide Equity Release
TSB Equity Release Plans
Royal Bank of Scotland Lifetime Mortgage
Hodge Equity Release Schemes
L&G Legal & General Flexi Max Voluntary Repayment Plan
Liverpool Victoria LV Equity Release Schemes
More 2 Life Capital Choice Plan
Hodge Equity Release Plans
Liverpool Victoria LV Equity Release
Pure Retirement Classic Voluntary Payment Super Lite
HSBC Equity Release
More to Life Capital Choice Plan
Lloyds Bank Lifetime Mortgage
TSB Lifetime Mortgage
Saga home reversion plan
Hodge Lifetime Mortgage Plus
Nationwide Equity Release Schemes
HSBC Lifetime Mortgage
NatWest Equity Release
Royal Bank of Scotland Equity Release Schemes
Saga Equity Release Plans

Equity Release Loan To Value

The more aged you are and the unhealthier you are the more tax free cash you can release.

Downsides of Home Reversion Schemes

Monthly payment lifetime mortgage can reduce your estate value. Home reversion schemes may impact ability to get state benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

Wealthy business owners who could benefit from equity release estate planning

Manufacture of plaster products for construction purposes Southgate
Precious metals production Easingwold
Other service activities incidental to land transportation, n e c Hedon
Retail sale of cosmetic and toilet articles in specialised stores Petersfield
Manufacture of bearings, gears, gearing and driving elements Wimborne Minster
Retail sale of watches and jewellery in specialised stores Finchley
Disinfecting and exterminating services Brierfield
Manufacture of glues South Elmsall
Deep coal mines Braintree
Manufacture of other women’s outerwear Edenbridge
Manufacture of soft furnishings Midsomer Norton
Raising of sheep and goats Aspatria
Manufacture of other tanks, reservoirs and containers of metal Ilkeston
Manufacture of ready-mixed concrete Cramlington
Retail sale of hardware, paints and glass in specialised stores Bawtry
Repair of electrical equipment Tonbridge
Other human health activities Wolsingham
Wholesale of meat and meat products Hetton
Defence activities Torpoint
Manufacture of basic iron and steel and of ferro-alloys Crowland
Retail trade of motor vehicle parts and accessories Todmorden
Packaging activities Featherstone
Renting and leasing of cars and light motor vehicles Bewdley
Justice and judicial activities Brighouse
Plastering Fordingbridge
Wholesale of flowers and plants Hartlepool

Crown Equity Release

LV Mortgages

Equity Release LTV

60% home reversion schemes Zurich
55% loan to value lifetime mortgage with flexible drawdown cash release 1st Stop Home Loans
25% loan to value home reversion schemes HSBC Direct

The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier.

Difficult to finance property types can include homes requiring essential repairs, properties where the ownership is set up on a tenancy in common basis, right to buy – properties in Scotland, properties where the customer is offering only part of the title as security for the loan and properties owned under any form of shared equity scheme.

Common pensioner mortgage products include Lloyds later life interest only mortgages, Barclays interest only mortgages for over 70s, Halifax remortgages for people over 50 years old, L&G retirement mortgages and Nationwide BS lifetime mortgages.

Hard to mortgage property variants include Timber-framed properties constructed post 1965, properties with spray foam insulation applied to the underside of the roof, steel frame/clad properties built before 1990, coach houses i.e. freehold properties with garages beneath and basement or lower ground floor flats without level access to private or communal garden space.

Common loan to value percentage ratios of Lloyds lifetime mortgages for over 60s, Barclays pensioner mortgages over 60, NatWest interest only mortgages for over 60s near London, L&G retirement mortgages over 70, RBS mortgages over 70s and Nationwide retirement interest only mortgages over 75 are 40%, 55% and 65%.

Challenging to mortgage property variants include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties with flying or creeping freehold which comprises 15% or less of the total floor area, agricultural use of the land and any outbuildings, properties using rooms, land or outbuildings for business purposes which are not personal to the borrower(s) or which extend to more than 50% of the property to be secured and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.

Challenging to finance home variants include properties with a sinking fund of 7% or more of the property sale price when the property is sold, ground rent where the lease or any deed varying the lease provides for a ground rent exceeding, or where the escalating provisions would result in the ground rent exceeding £250 per annum (or £1000 per annum where the property is in Greater London), some properties with sitting tenants or regulated tenancies, mundic homes and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

How much cash can I borrow?

You can get 70% of your property’s valuation. For example, if your home is worth £240,000 you can release £144,000.

Interest Only Lifetime Mortgages Ex-Local Authority Steel Frame Properties

Equity Release Scheme Lenders

Just Retirement
Pure Retirement
Legal and General
Aegon

Areas of the UK where Lifetime Mortgages are routine

Stockport
Bootle
Stroud
Newton-le-Willows
West Ham
Midhurst
Nantwich
Totton and Eling
Hessle
Richmond
Burnham-on-Crouch
Patchway
New Mills

It’s very regular to discover people seeking out lump sum lifetime mortgages, lump sum life time mortgages or monthly payment equity release, however, More2Life like Fortify Insurance Solutions are keen to see proof of your circumstances in the form of bank statements.

Free No Obligation Quote

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