- Remove tax-free cash from your house.
- You don’t need to make regular monthly payments
- Help your family with the equity you release
- Still, have a mortgage? We can help with that
- Often used to help with tax planning.
- Complex property types are OK.
If you don’t want a lifetime mortgage or equity release and want a standard mortgage at 3.97% regardless of your age, please Click Here
Not interested in equity release? Do you want a conventional mortgage at 3.97%, regardless of your age? Please Click Here
Towns where Lifetime Mortgages are popular
- Bentham
- Chipping Norton
- Haverhill
- Biggleswade
- Droitwich Spa
- Wainfleet All Saints
- Wath-upon-Dearne
- Chilton
- East Grinstead
- Bruton
- Beccles
- Newport
- Cowes
- Wells-next-the-Sea
- Market Bosworth
- Haslingden
- Southend-on-Sea
- Snaith and Cowick
- Aviva Flexible Voluntary Repayment Plan
- More 2 Life Capital Choice Plus Plan
- Hodge Lifetime Flexible Voluntary Repayment Plan
- NatWest Equity Release Schemes
- TSB Lifetime Mortgage
- More 2 Life Flexi Choice Drawdown Lite Plan
- Pure Retirement Drawdown Plan
- Stonehaven Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- HSBC Interest Only Lifetime Mortgage
- Bridgewater Equity Release Plans
- Canada Life Voluntary Select Gold
- More to Life Tailored Choice Plan
- Nationwide Equity Release
- HSBC Equity Release Plans
- Lloyds Bank Lifetime Mortgage
- Saga home reversion plan
- More 2 Life Capital Choice Plus Plan
- Age Partnership Lifetime Mortgage
Equity Release LTV Percentages
The older you are and the more serious your illnesses are, the more tax-free cash you can release.
Equity Release Lenders
- Key Solutions
- Bridgewater
- Aviva
Drawbacks of Equity Release Schemes
A monthly lifetime mortgage payment can reduce the inheritance of your family. Interest-only lifetime mortgages may impact the ability to get state benefits. You may need to pay a solicitor’s fee and could be exposed to changes in interest rates with some products.
Hodge Lifetime Lifetime Mortgages
Challenging to finance property variants include properties where proposed building works have not yet commenced, properties where letting arrangement where the tenancy agreement is not appropriate, right to buy – properties in England, Wales and Northern Ireland. These properties comprise multiple titles and freehold flats (England, Wales, Northern Ireland).
Common retirement loan offerings include TSB interest-only mortgages for over 65-year-olds, Barclays Bank lifetime mortgages, NatWest mortgages for over 70s, Legal & General mortgages for over 65, and Nationwide Building Society pensioner mortgages.
Hard-to-mortgage home variants include timber framed properties built before 1920, properties with any externally applied insulation to the walls after construction, properties with a minimum floor area of 30 square metres, freehold/feuhold flats (Scotland only) and basement or lower ground floor flats with level access to private or communal garden space.
Some of the most popular LTV percentages for Lloyds interest-only mortgages for those over the 70s, HSBC over 60-lifetime mortgages, Post Office later life interest-only mortgages for over 60, Legal & General interest-only mortgages for over 65-year-olds, Royal Bank of Scotland interest-only mortgages for over 70s, and Nationwide BS later life mortgages for over 60s are 50%, 60%, and 65%.
Challenging to mortgage property titles can include flats of less than 30 square metres in any location, properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, properties without direct access to an adopted highway or which are accessed over an unmade road, properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties where Japanese Knotweed is present.
Tough to mortgage property titles can include rent charges properties with a high estate rentcharge, properties without a kitchen or bathroom, properties where there are boundary disputes or where planning applications have not been applied for correctly, corrugated iron construction and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.
How much cash can I borrow?
You can release 65% of your property’s value. For example, if your home is worth £190,000, you can release £114,000.
Equity Release LTV
- 55% monthly payment equity release Fortify Insurance Solutions
- 50% loan to value lifetime mortgage with flexible drawdown cash release More2Life
- 35% loan to value lifetime mortgage with flexible drawdown cash release One Family
- 25% loan to value interest-only lifetime mortgages Prestige
- 45% LTV interest-only lifetime mortgages Prudential Lifetime
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 AST Tenant.
Equity release is joint among business owners like below
- Activities of venture and development capital companies South Shields
- Wholesale of fruit and vegetable juices, mineral water and soft drinks Moretonhampstead
- Technical and vocational secondary education Olney
- Wholesale of live animals Peterlee
- Manufacture of printing ink South Cave
- Activities of other membership organizations n e c Colyton
- Credit granting by non-deposit-taking finance houses and other specialist consumer credit grantors Oldbury
- Non-scheduled passenger air transport Winchcombe
- Life insurance Brampton
- Research and experimental development on biotechnology Elland
- Foreign affairs Hastings
- Manufacture of perfumes and toilet preparations St Helens
- Renting and leasing of passenger water transport equipment Buckingham
- Growing of tropical and subtropical fruits Redruth
- Building societies Faversham
- Trade of gas through mains Featherstone
- Cargo handling for land transport activities Garstang
- Other activities auxiliary to insurance and pension funding Warwick
- Wholesale of wine, beer, spirits and other alcoholic beverages Heywood
- Manufacture of knitted and crocheted hosiery East Retford
- Manufacture of starches and starch products Burntwood
- Manufacture of batteries and accumulators Needham Market
- Manufacture of machinery for food, beverage and tobacco processing High Wycombe
Pensioner Mortgage Housing Association Or Social Housing
Interest Only Lifetime Mortgages Housing Association Or Social Housing
- RIO Age 44 for 2024
- Interest Only Mortgage Asbestos in 2024
- Pensioner Mortgage Merseyside Liverpool for 2024
- Refinance Corrugated Iron Roofs Property-Iron UK
- RIO Properties Flooded In The Past Five Years for 2024
- Equity Loan Properties Held In Trust UK
- Pensioner Mortgage Chelsea Building Society UK
- Retirement Mortgage Ahli United Bank UK
- Retirement Mortgage Housing Association Or Social Housing UK
- Interest Only Lifetime Mortgages Pre-Fabricated Properties UK
- Pensioner Mortgage Habito in 2024
- Home Equity Loan In House Under 55 UK
- Refinance Leasehold Houses for 2024
- Equity Loan Age 53 UK
- Cynergy Bank
- RIO Platform in 2024
- Refinance Prefabricated Concrete Houses for 2024
- Refinance Nedbank Private Wealth for 2024
- RIO Keystone Property Finance UK
- Interest Only Lifetime Mortgages Mod Or Housing Association Houses And Bungalows UK
- Remortgage Intelligent Finance in 2024
- RIO Direct Line UK
- Pensioner Mortgage Laing Easiform Homes in 2024
- Home Equity Loan Properties With A Steel Frame Bisf UK
- Refinance Ex Local Authority Flats Or Maisonettes in 2024
- Pensioner Mortgage Manchester Building Society UK
- Equity Loan Freehold Held By Local Authority in 2024
- Bad Credit Mortgages Furness Building Society for 2024
- Refinance Age 52 in 2024
- Equity Loan Drawdown in 2024
- Refinance Harpenden Building Society in 2024
- Remortgage Magellan Homeloans in 2024
- Pensioner Mortgage Darlington Building Society in 2024
- Equity Loan Landmark Mortgages in 2024
- Home Equity Loan Paragon in 2024
- Equity Loan Precise Mortgages in 2024
- Home Equity Loan Jpmorgan Chase Bank for 2024
- Refinance Metro Bank UK
- Interest Only Lifetime Mortgages First Active in 2024
- RIO Properties That Have A Flat Roof for 2024
- RIO Cob Construction House UK
- Belfast Northern Ireland
- Home Equity Loan Converted Flats Or Maisonettes for 2024
- Refinance Mansfield Bs in 2024
- RIO Coutts Finance Co UK
- Interest Only Mortgage Mortgage Express UK
- Pensioner Mortgage Pensioners Over 65 in 2024
- Bad Credit Mortgages Age 47 UK
- Retirement Mortgage National Counties Building Society Bs in 2024
- Remortgage Properties Valued Less Than £70000 for 2024
- Home Equity Loan No Early Repayment Charges in 2024
- Home Equity Loan More Than Two Borrowers for 2024
- Refinance Properties More Than Five Acres Of Land UK
- Interest Only Lifetime Mortgages Daily Telegraph UK
- Equity Loan Newbury Building Society Mortgages UK
- Home Equity Loan Allied Irish Bank Aib for 2024
- Interest Only Mortgage Family Building Society for 2024
- Home Equity Loan Properties High Risk To Subsidence Or Movement in 2024
- Remortgage New Street Mortgages for 2024
- Interest Only Lifetime Mortgages Mansfield Building Society Interest Rates in 2024
- Interest Only Mortgage No Advisor Fee for 2024
- Age 42
- Refinance Handelsbanken UK
- Lendinvest
It is usual to encounter people seeking out monthly payment lifetime mortgages, monthly payment lifetime mortgages, or home reversion schemes. However, Lifetime Mortgages from L&G, like Maximum Cover Equity Release, are keen to see proof of your circumstances in the form of investment statements.