Retirement Mortgage Properties With Walls Of Cob Construction

Release cash from your house
No need to make regular monthly payments
Help your family to buy another home
Still, have some mortgage outstanding? No problems
All UK Postcodes areas are acceptable
Steel, concrete and timber construction properties are acceptable

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

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release/Borrow?*
Please enter a number from 6000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Your Email Address:*
Phone Number*
First Line Of Your Address:*
Your Postcode:*

Not interested in equity release? Do you just want a conventional interest-only mortgage at 3.97% regardless of your age please Click Here

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 10000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Contact Phone Number:*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

UK Lenders for Equity Release

Key Retirement
More to Life
Key Retirement

Hodge Lifetime Flexible Drawdown Plan
TSB Equity Release
Canada Life Equity Release Plans
Hodge Lifetime Mortgage Plus
L&G Legal & General Flexible Lifetime Mortgage
Stonehaven Equity Release
Nationwide Equity Release Schemes
More 2 Life Capital Choice Plan
NatWest Equity Release
Royal Bank of Scotland Interest Only Lifetime Mortgage
Liverpool Victoria LV Equity Release Plans
HSBC Interest Only Lifetime Mortgage
Aviva Lifetime Mortgages for Pensioners
Bridgewater Equity Release Schemes
L&G Legal & General Flexible Plus Lifetime Mortgage
Nationwide Equity Release Plans
HSBC Equity Release Schemes
Royal Bank of Scotland Equity Release
Saga home reversion schemes

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Assured shorthold tenancy tenant.

Downsides of Interest Only Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the value of your estate. Home reversion plans may impact entitlements to benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.

Equity release is common among small business owners like below

Manufacture of jewellery and related articles Aldeburgh
Management of real estate on a fee or contract basis Bradford-on-Avon
Wholesale of pharmaceutical goods Rushden
Human resources provision and management of human resources functions Withernsea
Retail sale of fruit and vegetables in specialised stores Rawtenstall
Operation of arts facilities Woodbridge
Manufacture of doors and windows of metal Cleckheaton
Manufacture of printing ink Didcot
Manufacture of ceramic sanitary fixtures Modbury
Market research and public opinion polling Dawlish
Other publishing activities Hawkinge
Manufacture of electric motors, generators and transformers East Cowes
Manufacture of office and shop furniture Quedgeley
Sale of other motor vehicles Eastbourne
Activities of sport clubs Sandy
Combined facilities support activities Darley Dale
Wholesale of perfume and cosmetics Hastings
Repair and maintenance of ships and boats Tetbury
Manufacture of other textiles n e c Chorley
Retail sale of electrical household appliances in specialised stores Bingley
manufacture of household textiles St Mary Cray

Canada Life Drawdown Lifetime Mortgages

Crown Drawdown Lifetime Mortgages

Pensioner Mortgage Properties With Walls Of Cob Construction

Canada Life

LV Lifetime Mortgages

Equity Release Loan To Value

The older you are and the sicker you are the more tax free money you can release.

What percentage can be released?

60% monthly payment equity release The Exeter Equity Release
60% LTV monthly payment life time mortgage Paragon Personal Finance
50% LTV interest-only lifetime mortgages Legal and General
35% loan to value monthly payment equity release Vida
30% loan to value (LTV) home reversion schemes Leek United Building Society

Areas of the UK where Lifetime Mortgages are routine

Easingwold
Malton
Haslingden
Hatfield
Burnley
Wilmslow
Ilfracombe
Ulverston
Cotgrave
Falmouth
Whitehaven
Amble

It is usual to find individuals searching for monthly payment lifetime mortgage, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Asbestos Sheet like LV Liverpool Victoria are keen to see paperwork to show your personal situation in the form of pension statements.

Interest Only Lifetime Mortgages Properties With Walls Of Cob Construction

Difficult to finance home variants include properties where proposed building works have not yet commenced, properties where tenants live in a self-contained part of the property, leasehold properties (England, Wales, Northern Ireland) subject to a lease length of 160 years, properties where the customer is offering only part of the title as security for the loan and properties where the borrower(s) own the freehold with any connected party .

Common retirement finance offerings are Lloyds Bank later life borrowing schemes, HSBC RIO mortgages, NatWest help to buy for over 60s, Legal & General lifetime mortgages and Nationwide BS mortgages for pensioners.

Difficult to mortgage property variants include eco houses and modern methods of construction, properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, properties constructed or converted within the past 10 years, privately developed flats in blocks of two storeys without a lift and properties where the flat is accessed via a deck or balcony.

Common LTV percentages of TSB later life mortgages for over 70s, HSBC lifetime mortgages for people over 55, NatWest later life interest only mortgages over 75, Legal and General mortgages for over 70s, RBS mortgages over 65 and Nationwide BS equity release schemes for over 55’s are 35%, 60% and 70%.

Tough to mortgage home titles can include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties with a single annexe or other self-contained part of the property, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that are being used for personal commercial use and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.

Challenging to mortgage home variants include properties with a sinking fund of 7% or more of the property sale price when the property is sold, properties with any kind of structural defect, damp, dry or wet rot, property is uninhabitable, mundic homes and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

How much money can I borrow?

You can release 70% of your home’s value. For example, if your house is valued at £180,000 you can get £117,000.

Free No Obligation Quote

About You