- Remove money from your property
- Not necessary to make monthly payments
- Use the money for a motorhome or new car
- Are you still paying a mortgage? No problems
- Can be used to help tax planning
- No lenders fee charged
- All areas of the UK are acceptable
- Wimpey No fines construction properties are acceptable
If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 3.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional mortgage at 3.97% regardless of your age please Click Here
Towns of the UK where equity release is popular
- Margate
- Newlyn
- Kettering
- Cramlington
- Wickwar
- Harpenden
- Henley-on-Thames
- Dalton Town with Newton
- Wolsingham
- Hedon
- Ilkley
- Blackwater and Hawley
- Driffield
- Ambleside
- Braunstone Town
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Assured shorthold tenancy tenant.
Crown Drawdown Lifetime Mortgages
Successful business owners who could benefit from Home Reversion Scheme tax planning
- Manufacture of brooms and brushes Blackwater and Hawley
- Quantity surveying activities Dover
- Radio broadcasting Coleshill
- Manufacture of electronic measuring, testing etc equipment, not for industrial process control Felixstowe
- Plumbing, heat and air-conditioning installation Whitworth
- Binding and related services Battle
- Activities of collection agencies Teignmouth
- Manufacture of lifting and handling equipment Hatfield
- Manufacture of coke oven products Oundle
- Passenger rail transport, interurban Brampton
- Repair of communication equipment Castleford
- Artistic creation East Grinstead
- Glazing Ambleside
- Financial management Poynton-with-Worth
- Activities of other membership organizations n e c Malton
- Engineering related scientific and technical consulting activities Grassington
- Other accommodation Ludgershall
- Retail sale in commercial art galleries Marlborough
- Leasing of intellectual property and similar products, except copyright works Wath-upon-Dearne
- Other reservation service activities n e c Southwold
- Manufacture of other technical and industrial textiles Sutton Coldfield
- Growing of grapes Driffield
- Post-harvest crop activities Swanscombe and Greenhithe
- Aviva Lifetime Mortgages
- L&G Legal & General Flexible Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- Saga home reversion plan
- L&G Legal & General Flexible Max Plus
- Pure Retirement Equity Release Schemes
- Age Partnership Equity Release Schemes
- Aviva Lifestyle Flexible Option
- HSBC Equity Release Schemes
- Royal Bank of Scotland Equity Release
- More to Life Tailored Choice Plan
- TSB Equity Release Plans
UK Equity Release Providers
- Lifetime Mortgage from L&G
- Pure Retirement
- Legal and General
- New Life
- AIG Life
Hard to mortgage home variants can include properties in poor condition, age restricted properties, freehold houses and bungalows (England, Wales, Northern Ireland), commonhold properties and properties where the borrower(s) own the freehold with any connected party .
Popular pensioner loan products include TSB pensioner mortgages over 70s, HSBC later life interest only mortgages over 70, Post Office interest only mortgages for people over 60, Legal and General interest only lifetime mortgages and Nationwide BS lifetime mortgages.
Hard to finance property types can include eco houses and modern methods of construction, timber framed properties built between 1920 and 1965, large concrete panel systems, coach houses i.e. freehold properties with garages beneath and basement or lower ground floor flats without level access to private or communal garden space.
Some of the most popular LTV percentages of Lloyds Bank equity release schemes for people over 70, HSBC interest only mortgages for over 65 year olds, Post Office mortgages for over 65, Legal and General over 60 lifetime mortgages no fees, RBS interest only retirement mortgages for over 70s and Nationwide interest only mortgages for over 65 year olds are 50%, 60% and 65%.
Tough to finance home variants include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties with a large number/scale of outbuildings, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.
Tough to finance property titles can include properties built on contaminated land, properties with any kind of structural defect, damp, dry or wet rot, properties of non-standard construction, cob property and concrete panel houses.
How much can I release?
You can borrow 60% of your property’s value. For example, if your home is worth £220,000 you can release £132,000.
It’s very regular to discover individuals searching for home reversion plans, lump sum lifetime mortgages or home reversion schemes, however, Key Retirement like Fortify Insurance Solutions are keen to see evidence of your situation in the form of pension statements.
- Interest Only Lifetime Mortgages Ahli United Bank in 2023
- Home Equity Loan Move Provider UK
- Home Equity Loan Mortgage Agency Services for 2023
- Interest Only Mortgage Properties More Than Five Acres Of Land for 2023
- Interest Only Lifetime Mortgages Corrugated Iron Roofs Property-Iron UK
- Equity Loan Chelsea Building Society in 2023
- RIO Parity Trust for 2023
- Home Equity Loan No Early Repayment Charges in 2023
- RIO Age 51 in 2023
- RIO No Broker Fee in 2023
- Pensioner Mortgage Foundation Home Loans in 2023
- Home Equity Loan Pitched Roofs Of Asbestoscement Tiles in 2023
- Properties Involved In Commercial Farming
- Refinance Darlington Building Society for 2023
- Refinance Buckinghamshire Building Society for 2023
- Equity Loan Under 50 in 2023
- Pensioner Mortgage Housing Association Or Social Housing UK
- Equity Loan Properties Valued Less Than £70000 for 2023
- Refinance Habito for 2023
- Retirement Mortgage Age 43 for 2023
- Equity Loan Age 40 UK
- Pensioner Mortgage M&S Bank for 2023
- Interest Only Mortgage In-Situ Cast Concrete Properties in 2023
- Remortgage Bad Credit For Tenants In Common in 2023
- Interest Only Lifetime Mortgages Pensioners Over 65 in 2023
- Bad Credit Mortgages Age 50 in 2023
- Freehold Flat
- Home Equity Loan Leeds And Holbeck Building Society for 2023
- Hodge
- Refinance National Counties Building Society Bs in 2023
- Pensioner Mortgage Family Building Society in 2023
- RIO Declined UK
- Newbury Building Society Mortgages
- Equity Loan Mansfield Building Society Interest Rates UK
- Equity Loan Daily Telegraph in 2023
- Retirement Mortgage Age 42 UK
- Refinance Flats Within A Block Of 4-5 Storeys Or More No Lift for 2023
- RIO Cynergy Bank UK
- Home Equity Loan No Credit Check in 2023
- Remortgage Properties With A Steel Frame Bisf in 2023
- Refinance Pepper Money UK
- Home Equity Loan Category C S Listing Scotland Listed in 2023
- Interest Only Lifetime Mortgages Onesavings Bank for 2023
- Refinance Age 52 in 2023
- Equity Loan Freehold Held By Local Authority in 2023
- RIO Properties High Risk To Subsidence Or Movement in 2023
- Interest Only Mortgage Age 53 UK
- Remortgage Bad Credit Handelsbanken in 2023
- RIO Masthaven Bank UK
- Interest Only Mortgage Halifax for 2023
- Home Equity Loan Properties Adjacent To Commercial Premises for 2023
- Ge Money Home Lending Ltd
- Interest Only Lifetime Mortgages Equity Release Over 55 in 2023
- Pensioner Mortgage Age 46 for 2023
- Home Equity Loan Marsden Bs UK
- Refinance Properties Held By Companies for 2023
- Retirement Mortgage Merseyside Liverpool for 2023
- Home Equity Loan Category A & B Listings Scotland Listed UK
- Remortgage External Walls Built Entirely Of Single Skin Brickwork UK
- RIO Age 44 for 2023
- RIO Monmouthshire Building Society for 2023
- RIO Precise Mortgages in 2023
Equity Release LTV
- 60% home reversion plans Old Mutual Wealth
- 60% loan to value (LTV) lumpsum lifetime mortgages Norton Finance
- 50% loan to value home reversion schemes Key Solutions
- 50% loan to value monthly payment lifetime mortgage Paragon Personal Finance
- 25% LTV home reversion schemes Evolution Money
Equity Release LTV
The more elderly you are and the more serious your illnesses you are the more money you can release.
Downsides of Lifetime Mortgages
Home reversion schemes can reduce the value of your estate. Lifetime mortgage with flexible drawdown cash release may impact the ability to claim benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.