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 mortgage lender will want to know if the property is a Freehold house or a Leasehold flat and if the resident is an Private Tenant.
The older you are and the unhealthier you are the more money you can release.
It’s usual to find individuals looking for monthly payment equity release, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Aviva like Maximum cover Equity Release are keen to see evidence of your personal circumstances in the form of bank statements.
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion plans may impact entitlements to state benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.