Release tax-free money from your house
2% Equity Release
Use the money for home improvements
Still have a mortgage? No problems
Continue to stay in your property for as long as you like
Product not impacted by coronavirus crisis

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

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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*
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Date of Birth*
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Phone Number*
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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:*

It’s very regular to find individuals searching for home reversion schemes, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Age Concern like AIG Life are keen to see paperwork to show your circumstances in the form of pension statements.

Pensioner Mortgage Mansfield Building Society Interest Rates

Hard to finance home variants include homes requiring essential repairs, properties where multiple third parties are living in an annexe, right to buy – properties in England, Wales and Northern Ireland, properties with unregistered titles subject to these being registered as part of the legal process and properties with leased solar panels.

Some of the most common retirement mortgage products include Lloyds pensioner mortgages over 70s, Barclays mortgages for over 50 year olds, Post Office remortgages for people over 50 years old, Legal & General retirement interest only mortgages and Nationwide interest only retirement mortgages for over 70s.

Hard to mortgage home types include Timber-framed properties constructed post 1965, properties with pre 1945 asbestos or similar composition roof tiles, properties constructed or converted within the past 10 years, former local authority flats and properties where the flat is accessed via a deck or balcony.

Common LTV ratios of TSB mortgages over 65, Barclays pensioner mortgages over 70s, NatWest mortgages over 65, L&G interest only lifetime mortgages for over 60s, RBS mortgages for 60 plus pensioners and Nationwide BS later life interest only mortgages over 60 are 50%, 60% and 70%.

Challenging to mortgage home titles include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties converted from modern commercial premises, agricultural use of the land and any outbuildings, properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.

Tough to mortgage property titles can include properties with legal agreements such as Overage, Clawback, Option, Pre-emption, or any onerous Restrictive Covenant, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, property is uninhabitable, thatched buildings and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

How much can I get?

You can achieve 65% of your home’s valuation. For example, if your home is valued at £220,000 you can borrow £143,000.

Interest Only Lifetime Mortgages Mansfield Building Society Interest Rates

Lenders for Equity Release

Key Retirement
Norwich Union
More2Life
Legal & General

Disadvantages of Lifetime Mortgages

Interest-only lifetime mortgages can reduce your estate value. Lumpsum lifetime mortgages may impact the ability to claim entitlements. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

Equity Release LTV Percentages

55% interest-only lifetime mortgages Fortify Insurance Solutions
55% LTV interest-only lifetime mortgages Key Retirement
60% loan to value lump sum lifetime mortgages Legal and General

Towns of the UK where Lifetime Mortgages are popular

Chudleigh
Ponteland
Wiveliscombe
Glastonbury
Fazeley
Princes Risborough
Tow Law
Birchwood
East Retford
Dawlish
Wickham
Hythe
Askern
Henley-in-Arden
Bungay
Thornbury

The mortgage lender will want to know if the property is a Freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier Primary Residence.

Equity Release percentages of your current property value

The older you are and the more serious your illnesses you are the more tax-free cash you can release.

Bridgewater Equity Release Plans
Hodge Lifetime Mortgage Flexible Drawdown Plan
Liverpool Victoria LV= Flexible Lifetime Mortgage
Pure Retirement Classic Voluntary Payment Super Lite
Nationwide Interest Only Lifetime Mortgage
Lloyds Bank Equity Release Schemes
Age Partnership Equity Release
Canada Life Voluntary Select Gold
More to Life Capital Choice Plan
Saga Equity Release Plans
Canada Life Lifetime Mortgage
Nationwide Equity Release Schemes
More to Life Flexi Choice Voluntary Payment Super Lite
Royal Bank of Scotland Equity Release
Saga Equity Release Plans
Bridgewater Equity Release
Nationwide Equity Release Plans
HSBC Equity Release Schemes
Lloyds Bank Lifetime Mortgage
TSB Equity Release

Wealthy business owners who could benefit from equity release estate planning

Manufacture of man-made fibres Greater Willington
Other retail sale of new goods in specialised stores not commercial art galleries and opticians Northallerton
Motion picture, video and television programme post-production activities Kings Lynn
Manufacture of ceramic household and ornamental articles Towcester
Support services to forestry Medlar-with-Wesham
Physical well-being activities Felixstowe
Manufacture of non-wovens and articles made from non-wovens, except apparel Bawtry
Processing of nuclear fuel Barnes
Transmission of electricity Daventry
Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods Willenhall
Manufacture of doors and windows of metal Woburn
Solicitors Harrogate
Operation of arts facilities Tamworth
Activities of trade unions Frome
Casting of other non-ferrous metals Barnstaple
Administration of financial markets Oswestry
Other retail sale of food in specialised stores Gillingham
Manufacture of other chemical products n e c Mitcham
Furnace and chimney cleaning services Lytham St Annes
Space transport Fordwich
Leasing of intellectual property and similar products, except copyright works Droitwich Spa
Growing of tropical and subtropical fruits Altrincham
Publishing of consumer and business journals and periodicals Ludlow
Barristers at law Wigton
Raising of dairy cattle Braintree

Does Mansfield Building Society offer mortgages up to 85?

Yes, Mansfield Building Society do mortgages up to 85 at 1.91% MER. Mansfield Building Society mortgages up to 85 have a loan to value (ltv) of 65%.

Do Mansfield Building Society offer later life lending to Under 55?

Yes, Mansfield Building Society later life lending Under 55 is 1.98% APR.

Do Mansfield Building Society offer mortgages over 70?

Yes, Mansfield Building Society mortgages over 70 are 1.86% APRC.

Does Mansfield Building Society offer mortgages over 75?

Yes, Mansfield Building Society mortgages over 75 are 1.94% APR.

Do Mansfield Building Society do later life lending?

Yes, Mansfield Building Society later life lending is 1.91% MER.

What are Mansfield Building Society rates for retirement mortgages?

Mansfield Building Society interest rates for retirement mortgages are 2.16% APR.

Do Mansfield Building Society have good reviews for pensioner mortgages?

Yes, Mansfield Building Society reviews are superb for pensioner mortgages.

Does the Mansfield Building Society rio mortgage calculator show the LTV?

Yes, the Mansfield Building Society RIO mortgage calculator shows a good LTV of 65%.

Does a Mansfield Building Society retirement interest only mortgage advisor charge a large fee?

No, Mansfield Building Society retirement interest only mortgage advisors are free.

Do Mansfield Building Society offer mortgages over 60?

Yes, Mansfield Building Society mortgages over 60 are 2.26% MER.

Do Mansfield Building Society offer mortgages over 55?

Yes, Mansfield Building Society mortgages over 55 are 2.28% MER.

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