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
Release equity from:*
How Much Would You Like Release/Borrow?*
Please enter a number from 6000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Your Email Address:*
Phone Number*
First Line Of Your Address:*
Your Postcode:*

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

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 10000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Contact Phone Number:*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

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

Interest Only Lifetime Mortgages Magellan Homeloans

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.

Pensioner Mortgage Magellan Homeloans

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.

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.

Free No Obligation Quote

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