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
Home reversion schemes can reduce the value of your estate. Lumpsum lifetime mortgages may impact entitlements to state benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
The older you are and the sicker you are the more cash you can release.
It’s often found to find people seeking out interest-only lifetime mortgages, monthly payment life time mortgage or monthly payment equity release, however, Aviva like AIG Life are keen to see proof of your personal situation in the form of investment statements.
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Assured shorthold tenancy tenant.