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
The more aged you are and the more serious your illnesses you are the more tax free money you can release.
It’s very regular to encounter people searching for monthly payment equity release, monthly payment lifetime mortgage or home reversion plans, however, Lifetime Mortgage from L&G like Fortify Insurance Solutions are keen to see paperwork to show your personal situation in the form of pension statements.
Monthly payment life time mortgage can reduce your estate value. Monthly payment equity release may impact entitlements to benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Owner Occupier.