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 the more illnesses you have you are the more cash you can release.
Interest-only lifetime mortgages can reduce the value of your estate. Interest-only lifetime mortgages may impact ability to claim entitlements. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
It’s very regular to discover people looking for monthly payment equity release, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Age Partnership like VitalityLife Equity Release are keen to see evidence of your situation in the form of investment statements.