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 often found to discover individuals seeking out monthly payment lifetime mortgage, lumpsum lifetime mortgages or home reversion plans, however, Legal and General like Legal & General are keen to see proof of your circumstances in the form of bank statements.
Home reversion schemes can reduce your estate value. Lump sum lifetime mortgages may impact ability to claim entitlements. You may need to pay a legal fee and you could have higher rates to pay with some schemes.
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 aged you are and the the more illnesses you have you are the more money you can release.