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
The older you are and the unhealthier you are the more cash you can release.
Interest-only lifetime mortgages can reduce the inheritance for your family. Lifetime mortgage with flexible drawdown cash release may impact entitlements to benefits. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.
The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
It is often found to discover individuals searching for lifetime mortgage with flexible drawdown cash release, monthly payment lifetime mortgage or monthly payment equity release, however, Sunlife Plans like Fortify Insurance Solutions are keen to see evidence of your personal circumstances in the form of bank statements.