If you don’t want a lifetime mortgage or equity release, and just want a normal interest-only mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest-only mortgage at 1.97% regardless of your age please Click Here
It’s very regular to encounter individuals searching for lumpsum lifetime mortgages, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Aviva like The Exeter Equity Release are keen to see paperwork to show your personal situation in the form of bank statements.
The older you are and the sicker you are the more tax free money you can release.
Interest-only lifetime mortgages can reduce the value of your estate. Lump sum lifetime mortgages may impact entitlements to state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
The lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an AST Tenant.