Lifetime Mortgage Magellan Homeloans

Retirement Mortgage Magellan Homeloans

  • No need to make regular monthly payments with Equity Release Magellan Homeloans
  • Use the equity released for anything you like
  • Still, have a mortgage? No problems
  • Stay living in your own home for as long as you like
  • All parts of the UK are acceptable

How much can I release?

You can achieve 65% of your property’s valuation. As an example, if your house is valued at £280,000 you can get £196,000.

If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 3.97% regardless of your age please Click Here

  • Free No Obligation Quote

  • Please enter a number from 6000 to 2000000.
  • About You

Not interested in equity release? Do you just want a conventional mortgage at 3.97% regardless of your age please Click Here

lifetime mortgage interest only
retirement mortgages
retirement mortgages
Equity Release Magellan Homeloans Over 55

  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

Over 55

 

Equity Release Providers

  • the Telegraph
  • Santander
  • Age Concern
  • Liverpool Victoria

 

  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Hodge Equity Release Schemes
  • L&G Legal & General Flexible Max Plus
  • NatWest Interest Only Lifetime Mortgage
  • Royal Bank of Scotland Equity Release
  • Aviva Lifetime Mortgages for Pensioners
  • Bridgewater Equity Release Schemes
  • More2Life Tailored Choice Plan
  • L&G Legal & General Flexible Max Plus
  • Lloyds Bank Lifetime Mortgage
  • TSB Equity Release Plans
  • Royal Bank of Scotland Equity Release Schemes
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • Just Retirement Drawdown Lifetime Mortgage
  • More 2 Life Capital Choice Plan
  • Pure Retirement Equity Release Plans
  • HSBC Interest Only Lifetime Mortgage
  • Hodge Lifetime Flexible Drawdown Plan
  • More2Life Tailored Choice Plan
  • More to Life Capital Choice Plus Plan
  • Nationwide Interest Only Lifetime Mortgage
  • HSBC Interest Only Lifetime Mortgage
  • TSB Lifetime Interest Only Mortgage
  • Age Partnership Equity Release Plans

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 Owner Occupier Primary Residence.

Just Mortgages

Crown Mortgages

Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges

Interest Only Lifetime Mortgages Magellan Homeloans

Canada Life - Lifestyle Gold

More2Life - Capital Choice Plus Plan

Do Magellan offer mortgages up to 85?

Yes, Magellan do mortgages up to 85 at 1.81% MER. Magellan mortgages up to 85 can have a loan to value of 65%.

Does Magellan offer later life lending to Under 55?

Yes, Magellan later life lending Under 55 is 2.2% APR.

Do Magellan offer mortgages over 70?

Yes, Magellan mortgages over 70 are 2.14% APR.

Does Magellan offer mortgages over 75?

Yes, Magellan mortgages over 75 are 1.91% APR.

Does Magellan offer later life lending?

Yes, Magellan later life lending is 2.17% MER.

What are Magellan interest rates for retirement mortgages?

Magellan rates for retirement mortgages are 1.8% MER.

Do Magellan have favourable reviews for pensioner mortgages?

Yes, Magellan reviews are tiptop for pensioner mortgages.

Does the Magellan rio mortgage calculator show the loan to value?

Yes, the Magellan RIO mortgage calculator shows a favourable loan to value of 55%.

Does a Magellan retirement interest only mortgage advisor charge a large fee?

No, Magellan retirement interest only mortgage advisors are free.

Do Magellan do mortgages over 60?

Yes, Magellan mortgages over 60 are 2.04% APRC.

Do Magellan do mortgages over 55?

Yes, Magellan mortgages over 55 are 2.02% MER.

Equity Release Magellan Homeloans

Pensioner Mortgage Magellan Homeloans

Canada Life Home Finance lifetime mortgage for properties in Scotland

OneFamily lifetime mortgage

Drawbacks of Lifetime Mortgages – Equity Release Magellan Homeloans

A monthly payment lifetime mortgage can reduce the value of your estate. Lifetime mortgage with flexible drawdown cash release may impact the ability to claim entitlements. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.

Remortgage Bad Credit Flats And Maisonettes In Blocks Of More Than 10 Storeys for 2024

Refinance Age Restricted Properties UK

Equity Release Loan To Value Equity Release Magellan Homeloans

  • 60% lifetime mortgage with flexible drawdown cash release Royal London Equity Release
  • 40% loan to value interest-only lifetime mortgages LV lifetime mortgage
  • 30% loan to value monthly payment equity release Paragon BTLPortfolio
  • 30% loan to value (LTV) monthly payment lifetime mortgage Accord Mortgages

It’s very regular to find individuals looking for lump sum lifetime mortgages, lump sum life time mortgages or home reversion plans, however, Sunlife Plans like AA equity release are keen to see evidence of your situation in the form of investment statements.

Examples of retired business owners likely to have equity to release

  • Sale of new cars and light motor vehicles Bromborough
  • Other specialised construction activities n e c Stourbridge
  • Extraction of peat Bourne
  • Plant propagation Cleobury Mortimer
  • Gambling and betting activities Partington
  • Growing of oleaginous fruits Stanhope
  • Operation of rail passenger facilities at railway stations Leek
  • Residential care activities for the elderly and disabled Mansfield
  • Other credit granting n e c Gainsborough
  • Growing of pome fruits and stone fruits Hatherleigh
  • Agents specialized in the sale of other particular products Ludgershall
  • Manufacture of irradiation, electromedical and electrotherapeutic equipment Fleetwood
  • Manufacture of telegraph and telephone apparatus and equipment Potton
  • Forging, pressing, stamping and roll-forming of metal; powder metallurgy South Kirkby and Moorthorpe
  • Activities of financial services holding companies Bridlington
  • Foreign affairs Diss
  • Manufacture of ovens, furnaces and furnace burners Maryport
  • Roofing activities Fareham
  • Support activities for crop production Keswick
  • Wholesale of other food, including fish, crustaceans and molluscs Hungerford
  • Factoring Stockport
  • Temporary employment agency activities Matlock
  • Manufacture of other carpets and rugs Oundle
  • Botanical and zoological gardens and nature reserves activities Amesbury
  • Manufacture of tools Atherstone
  • Repair of electronic and optical equipment Trowbridge
  • Postal activities under universal service obligation Ferndown

 

Equity Release percentages of your current property value

The older you are and the more illnesses you have you are the more cash you can release.

Areas of the UK where equity release is common – Equity Release Magellan Homeloans

  • Blackwater and Hawley
  • Dereham
  • Carterton
  • Masham
  • Budleigh Salterton
  • Liskeard
  • Spalding
  • Worksop
  • Easingwold
  • Stratford-upon-Avon
  • Aldeburgh
  • Burnley
  • Romford
  • Darlington
  • Woking
  • Cleobury Mortimer
  • Watford
  • North Hykeham

 

Does Magellan Homeloans offer mortgages up to 85?

Yes, Magellan Homeloans does mortgages up to 85 at 2.09% MER. Magellan Homeloans mortgages up to 85 can have a LTV of 75%.

Does Magellan Homeloans offer later life lending to Under 55?

Yes, Magellan Homeloans later life lending Under 55 is 2.05% APRC.

Do Magellan Homeloans offer mortgages over 70?

Yes, Magellan Homeloans mortgages over 70 are 2.26% APRC.

Does Magellan Homeloans offer mortgages over 75?

Yes, Magellan Homeloans mortgages over 75 are 2.12% APR.

Does Magellan Homeloans do later life lending?

Yes, Magellan Homeloans later life lending is 2.14% APR.

What are Magellan Homeloans interest rates for retirement mortgages?

Magellan Homeloans rates for retirement mortgages are 2.23% APR.

Do Magellan Homeloans have favourable reviews for pensioner mortgages?

Yes, Magellan Homeloans reviews are superb for pensioner mortgages.

Does the Magellan Homeloans rio mortgage calculator show the loan to value (ltv)?

Yes, the Magellan Homeloans RIO mortgage calculator shows a favourable loan to value (ltv) of 65%.

Does a Magellan Homeloans retirement interest only mortgage advisor charge a big fee?

No, Magellan Homeloans retirement interest only mortgage advisors are free.

Does Magellan Homeloans do mortgages over 60?

Yes, Magellan Homeloans mortgages over 60 are 2.27% APRC.

Does Magellan Homeloans do mortgages over 55?

Yes, Magellan Homeloans mortgages over 55 are 2.14% APR.