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
The lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
Lumpsum lifetime mortgages can reduce the value of your estate. Lump sum lifetime mortgages may impact entitlements to benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.
The more aged you are and the unhealthier you are the more cash you can release.
It is common to find individuals looking for interest-only lifetime mortgages, monthly payment life time mortgage or interest-only lifetime mortgages, however, Legal and General like Old Mutual Wealth are keen to see paperwork to show your circumstances in the form of pension statements.