Lifetime Mortgage for Properties Purchased Through A Right To Buy Scheme – 2.3% Equity Release

Retirement Mortgage Properties Purchased Through A Right To Buy Scheme
  • Remove tax-free money from your property
  • No monthly repayments
  • Still, have some mortgage outstanding? No problems
  • Stay living in your property.

If you don’t want a lifetime mortgage or equity release and just want a regular mortgage at 3.97% regardless of your age, please Click Here

  • Free No Obligation Quote

  • Please enter a number from 6000 to 2000000.
  • About You

Not interested in equity release? Do you want a conventional mortgage at 3.97% regardless of your age? Please Click Here

retirement mortgages
Over 55
Over 60
Over 55
retirement mortgages
retirement mortgages interest only
  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

equity release
pensioner mortgage
  • Canada Life Equity Release Plans
  • More2Life Capital Choice Plan
  • Pure Retirement Lifetime Mortgage
  • Nationwide Equity Release
  • Age Partnership Equity Release Schemes
  • Bridgewater Lifetime Mortgage
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • Just Retirement Equity Release Plans
  • Pure Retirement Lifetime Mortgage
  • Royal Bank of Scotland Interest Only Lifetime Mortgage
  • Canada Life Equity Release Schemes
  • Just Retirement Drawdown Lifetime Mortgage
  • Liverpool Victoria LV Equity Release Schemes
  • Royal Bank of Scotland Equity Release Schemes
  • Bridgewater Equity Release Plans
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • Nationwide Equity Release Plans

Wealthy business owners who could benefit from equity release tax planning

  • Gambling and betting activities in South Elmsall
  • Manufacture of brooms and brushes Doncaster
  • Manufacture of perfumes and toilet preparations Folkestone
  • Wholesale of petroleum and petroleum products Grange-over-Sands
  • Activities of mortgage finance companies Corsham
  • Renting and leasing of media entertainment equipment Alnwick
  • Technical testing and analysis Wisbech
  • Television programme distribution activities Woodstock
  • Other retail sale in non-specialised stores Norton-on-Derwent
  • Security and commodity contracts dealing activities Biddulph
  • Wholesale of live animals Thirsk
  • Wholesale of flowers and plants in South Molton
  • Manufacture of cocoa and chocolate confectionery Frodsham
  • Manufacture of electricity distribution and control apparatus Barnoldswick
  • Buying and selling of own real estate North Hykeham
  • Activities of open-ended investment companies Elland
  • Mining of uranium and thorium ores Masham
  • Retail sales in non-specialised stores with food, beverages or tobacco predominating Dewsbury
  • Manufacture of wiring devices in Portland
  • Operation of rail freight terminals Royston
  • Collection of non-hazardous waste Newport
  • Sea and coastal freight water transport Bordon
  • Wireless telecommunications activities Dawley
  • Manufacture of cutlery Chorley
  • Renting and leasing of freight air transport equipment Ongar
  • Manufacture of other tanks, reservoirs and containers of metal Maltby
  • Packaging activities Minchinhampton
  • Undifferentiated goods-producing activities of private households for own use Stalham

Drawbacks of Home Reversion Plans

Monthly payments and a lifetime mortgage can reduce the inheritance for your family. Monthly payment lifetime mortgage may impact entitlements to benefits. You may need to pay a broker’s fee, and some products expose you to changes in interest rates.

Retirement Mortgage Properties Valued Less Than £70000 UK

Hodge Lifetime Drawdown Lifetime Mortgages

More2Life Equity Release

Hodge Lifetime Retirement Mortgages

Equity Release percentages of your current property value

The more aged you are and the more serious your illnesses you are, the more tax-free money you can release.

Equity Release UK Providers

  • More2Life
  • Santander
  • Just Retirement
  • More to Life
  • AIG Life

Difficult-to-mortgage property types include properties currently undergoing substantial alterations, extensions or repairs, properties where multiple third parties are living in an annexe, leasehold properties (England, Wales, Northern Ireland) subject to a lease length of 160 years, properties with unregistered titles subject to these being registered as part of the legal process and freehold flats (England, Wales, Northern Ireland).

Popular pensioner mortgage products are Lloyds retirement mortgages, HSBC interest-only lifetime mortgages, Halifax mortgages for over 65, L&G equity release schemes and Nationwide BS interest-only mortgages for over 60s.

Difficult to mortgage home variants include pre-fabricated reinforced concrete (PRC), properties with any externally applied insulation to the walls after construction, properties with a minimum floor area of 30 square metres, freehold/freehold flats (Scotland only) and flats above or adjacent to commercial premises.

Some of the most popular loans to values of Lloyds over 60 lifetime mortgages, HSBC later life mortgages for over 70s, Post Office over 60 lifetime mortgages no fees, L&G pensioner mortgages over 70s, RBS later life borrowing schemes over 55 and Nationwide Building Society interest only mortgages for over 60s are 45%, 60% and 65%.

Tough-to-mortgage property titles include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, use of the land and any outbuildings for a small amount of personal, commercial use., properties using rooms, land or outbuildings for business purposes which are not personal to the borrower(s) or which extend to more than 50% of the property to be secured and properties in coastal areas that may be affected by erosion.

Tough-to-mortgage home variants include properties that will be assessed for flood risk, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, properties of non-standard construction, asbestos construction and properties that have never been registered with the land registry.

How much cash can I get?

You can borrow 60% of your property’s valuation. For example, if your house is valued at £260,000, you can borrow £156,000.

It’s very regular to find individuals searching for lumpsum lifetime mortgages, lump sum lifetime mortgages or interest-only lifetime mortgages, however, Lifetime Mortgage from L&G like Zurich are keen to see evidence of your situation in the form of bank statements.

More2Life - Capital Choice Plus Plan

Pensioner Mortgage Properties Purchased Through A Right To Buy Scheme

More2Life - Flexi Choice Super Lite
Aviva lifetime mortgage with cashback

Interest Only Lifetime Mortgages Properties Purchased Through A Right To Buy Scheme

Canada Life Home Finance lifetime mortgage for properties in Scotland

How much is it common to release from a home

  • 50% monthly payment lifetime mortgage VitalityLife Equity Release
  • 45% loan to value (LTV) monthly payment equity release Liverpool Victoria
  • 60% loan to value monthly payment equity release Just Retirement
  • 45% loan to value (LTV) home reversion schemes Optimum Credit

Areas of the UK where equity release is routine

  • Woburn Sands
  • Liskeard
  • Grange-over-Sands
  • Stowmarket
  • Bradford-on-Avon
  • Tenterden
  • Framlingham
  • Wilmslow
  • Bebington
  • Aldershot
  • Polegate
  • Haslemere
  • Cleckheaton
Equity Loan M&S Bank UK

The lender will want to know if the property is a semi-detached freehold house or a leasehold flat with a share of freehold and if the resident is an owner-occupier primary residence.