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
The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold house and if the resident is an Private Tenant.
The more elderly you are and the the more illnesses you have you are the more money you can release.
It’s usual to find people searching for monthly payment life time mortgage, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Just Retirement like Legal & General are keen to see proof of your personal circumstances in the form of pension statements.
Home reversion plans can reduce the inheritance for your family. Monthly payment life time mortgage may impact entitlements to state benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.