Continue to live in your own home for as long as you like
England, Scotland, Wales and Northern Ireland all acceptable
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
Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here
Pensioner Mortgage Harpenden Building Society
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Private Tenant.
Lenders for Equity Release
Lifetime Mortgage from L&G
Interest Only Lifetime Mortgages Harpenden Building Society
How much is it common to release from a home
60% monthly payment lifetime mortgage Legal & General
35% loan to value lumpsum lifetime mortgages Stonehaven
45% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Vida
60% loan to value home reversion schemes Legal and General
25% LTV interest-only lifetime mortgages Spring Finance
50% loan to value monthly payment life time mortgage Equifinance
35% loan to value (LTV) monthly payment equity release Vida
It is very regular to discover people looking for lumpsum lifetime mortgages, lump sum life time mortgages or monthly payment equity release, however, Age Concern like Legal & General are keen to see evidence of your personal circumstances in the form of bank statements.
The more aged you are and the sicker you are the more tax free cash you can release.
Towns of the UK where Lifetime Mortgages are popular
Royal Tunbridge Wells
Downsides of Home Reversion Schemes
Lump sum lifetime mortgages can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact ability to get state benefits. You may need to pay a valuation fee and you could be exposed to changes in interest rates with some products.