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
It’s very regular to find individuals searching for lifetime mortgage with flexible drawdown cash release, lump sum life time mortgages or lifetime mortgage with flexible drawdown cash release, however, Key Retirement like VitalityLife Equity Release are keen to see proof of your situation in the form of investment statements.
Home reversion schemes can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact ability to claim entitlements. You may need to pay a solicitor’s fee and you could have higher rates to pay with some schemes.
The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an Private Tenant.
The more aged you are and the more serious your illnesses you are the more money you can release.