Still, have some mortgage outstanding? No problems
Stay living in your own house for as long as you like
Funding being lent today secured before COVID 19-corona virus crisis and not impacted by Brexit outcome
All areas of the UK are acceptable
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
Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here
Pensioner Mortgage Prefabricated Concrete Houses
Interest Only Lifetime Mortgages Prefabricated Concrete Houses
Equity Release LTV Percentages
The older you are and the sicker you are the more cash you can release.
Drawbacks of Home Reversion Schemes
Monthly payment life time mortgage can reduce the value of your estate. Home reversion schemes may impact ability to claim entitlements. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
It’s often found to find individuals searching for monthly payment equity release, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Bower like The Exeter Equity Release are keen to see paperwork to show your personal circumstances in the form of pension statements.
Equity Release Loan To Value
55% monthly payment life time mortgage AA equity release
55% loan to value monthly payment life time mortgage Age Concern
40% LTV lifetime mortgage with flexible drawdown cash release Prudential
25% loan to value home reversion schemes Clearly Loans
30% loan to value (LTV) monthly payment lifetime mortgage Yorkshire Building Society
60% loan to value (LTV) home reversion schemes Aviva
60% loan to value home reversion schemes Together Money
Areas of the UK where Lifetime Mortgages are popular
Wainfleet All Saints
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.