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
It’s often found to encounter people looking for lifetime mortgage with flexible drawdown cash release, lumpsum lifetime mortgages or home reversion schemes, however, Key Solutions like Zurich are keen to see proof of your personal circumstances in the form of investment statements.
The older you are and the unhealthier you are the more money you can release.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Private Tenant.
Lump-sum lifetime mortgages can reduce your estate value. A monthly payment lifetime mortgage may impact the ability to claim entitlements. You may need to pay a valuation fee and you could have higher rates to pay with some schemes.