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
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 Owner Occupier Primary Residence.
It’s very regular to encounter individuals looking for home reversion schemes, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Key Solutions like Legal & General are keen to see paperwork to show your personal situation in the form of bank statements.
The older you are and the more serious your illnesses you are the more tax free cash you can release.
Interest-only lifetime mortgages can reduce your estate value. Home reversion plans may impact ability to claim benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.