If you don’t want a lifetime mortgage or equity release, and just want a normal interest only mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest only mortgage at 1.97% regardless of your age please Click Here
It’s usual to find people looking for home reversion plans, monthly payment life time mortgage or monthly payment equity release, however, More2Life like VitalityLife Equity Release are keen to see evidence of your personal situation in the form of pension statements.
The more aged you are and the the more illnesses you have you are the more money you can release.
Monthly payment lifetime mortgage can reduce the value of your estate. Interest-only lifetime mortgages may impact ability to claim entitlements. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
The lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier.