If you don’t want a lifetime mortgage or equity release, and just want a normal interest-only mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest-only mortgage at 1.97% regardless of your age please Click Here
The more elderly you are and the the more illnesses you have you are the more tax free money you can release.
It’s common to find individuals looking for interest-only lifetime mortgages, monthly payment life time mortgage or interest-only lifetime mortgages, however, Just Retirement like AIG Life are keen to see evidence of your circumstances in the form of pension statements.
Home reversion schemes can reduce the value of your estate. Home reversion schemes may impact ability to claim benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
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 Owner Occupier Primary Residence.