Lifetime Mortgage Refinance

Equity Release Refinance
  • Remove tax-free money from your property with an Equity Release Refinance
  • You don’t need to make regular monthly payments
  • Help your family with the money you release
  • Still have a mortgage? We can help with that
  • Stay living in your own property for as long as you like
  • It could be used to help tax planning.

How much cash can I borrow?

You can achieve 65% of your property’s value. For example, if your home is worth £270,000 you can borrow £162,000.

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


  • Free No Obligation Quote

  • Please enter a number from 6000 to 2000000.
  • About You

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

retirement mortgage
retirement mortgage
  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

lifetime mortgage interest only rates
pensioner mortgages interest only

Pensioner Mortgage Refinance

lifetime mortgage interest only

Pitfalls of Home Reversion Schemes

Home reversion plans can reduce the value of your estate. A lifetime mortgage with a flexible drawdown cash release may impact the ability to claim entitlements. You may need to pay a solicitor’s fee, and some products expose you to changes in interest rates.

RIO Precise Mortgages in 2024

Difficult to mortgage home types include properties in the course of construction or pre-construction, properties where multiple third parties are living in an annexe, feuhold/freehold properties (including flats) in Scotland, properties where the customer is offering only part of the title as security for the loan and freehold flats (England, Wales, Northern Ireland).

Some of the most popular retirement finance offerings are TSB mortgages for people over 50, Barclays Bank later life borrowing schemes, Post Office pensioner mortgages, L&G mortgages for people 60 plus and Nationwide lifetime mortgages.

Difficult to finance property variants include pre-fabricated reinforced concrete (PRC), properties with spray foam insulation applied to the underside of the roof, steel frame/clad properties built before 1990, privately developed flats in blocks of five storeys or more and flats above or adjacent to commercial premises.

Typical LTV percentages of Lloyds Bank mortgages over 65, Barclays interest-only lifetime mortgages for those over the 60s, Post Office help to buy for those over 60s, L&G retirement interest-only mortgages over 75, RBS help to buy for those over 60s and Nationwide over 60-lifetime mortgages are 35%, 60% and 65%.

Tough to mortgage home titles can include properties with outbuildings used for everyday domestic purposes (garage, workshop, stables, barn etc), properties with flying or creeping freehold which comprises 15% or less of the total floor area, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties, where there is a self-contained part of the property or annexe, i.e. basement flat etc 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.

Tough-to-mortgage home variants include properties with legal agreements such as Overage, Clawback, Option, Pre-emption, or any onerous Restrictive Covenant, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, property is uninhabitable, thatched buildings and missing planning permission or building regulations approval.

Loan to value for equity release?

You can get 60% of your property’s valuation. As an example, if your house is valued at £220,000 you can get £154,000.

Examples of small business owners with home equity to release

  • Retail sale of sports goods, fishing gear, camping goods, boats and bicycles Ashford
  • Construction of railways and underground railways Epsom and Ewell
  • Residential care activities for the elderly and disabled Crewkerne
  • Manufacture of assembled parquet floors Downham Market
  • Other residential care activities n e c Skelmersdale
  • Cold forming or folding Wotton-under-Edge
  • Manufacture of other special-purpose machinery n e c St Austell
  • Financial intermediation not elsewhere classified Walton-on-Thames
  • Wholesale of machinery for the textile industry and of sewing and knitting machines Newton-le-Willows
  • Repair and maintenance of aircraft and spacecraft Bishops Castle
  • Manufacture of fertilizers and nitrogen compounds Pershore
  • Removal services Topsham
  • Glazing Oldbury
  • Manufacture and processing of other glass, including technical glassware Pateley Bridge
  • Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & video tapes and the equipment used for playing them Henley-on-Thames
  • Activities of patent and copyright agents; other legal activities n e c Braunstone Town
  • Retail sale of hardware, paints and glass in specialised stores in Dunwich
  • Security systems service activities Belper
  • Regulation of and contribution to more efficient operation of businesses Penwortham
  • Artistic creation Willenhall
  • Dismantling of wrecks Market Rasen
  • Data processing, hosting and related activities Canvey Island
  • Agents involved in the sale of food, beverages and tobacco Filey
  • Satellite telecommunications activities Blackrod
  • Forging, pressing, stamping and roll-forming of metal; powder metallurgy Heanor and Loscoe
  • Installation of industrial machinery and equipment Paddock Wood
  • Manufacture of men’s underwear Corbridge
  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Canada Life Landlord Voluntary Select Plan
  • Hodge Lifetime Flexible Drawdown Plan
  • Just Retirement Equity Release Plans
  • Stonehaven Equity Release
  • Saga home reversion schemes
  • Canada Life Lifestyle Lite Flexi
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • TSB Lifetime Mortgage
  • Aviva Equity Release Schemes
  • Just Retirement Equity Release
  • L&G Legal & General Flexible Max Plus
  • Liverpool Victoria LV Equity Release
  • More 2 Life Capital Choice Plus Plan
  • Lloyds Bank Equity Release Schemes
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Liverpool Victoria LV Equity Release Schemes
  • Pure Retirement Equity Release Plans
  • Royal Bank of Scotland Equity Release Plans
  • Saga Lifetime Mortgage
  • Age Partnership Equity Release Plans

How much is it common to release from a home

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

Bad Credit Mortgages The Mortgage Works UK

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 Owner Occupier.

It’s often found to find individuals looking for interest-only lifetime mortgages, monthly payment lifetime mortgage or home reversion plans, however, Aviva like Old Mutual Wealth are keen to see proof of your circumstances in the form of pension statements.

OneFamily joint lifetime mortgage
Legal & General Home Finance lifetime mortgage

Interest Only Lifetime Mortgages Refinance

More2Life - Flexi Choice Lite
OneFamily lifetime mortgage
LV= Lump Sum+ Lifetime Mortgage
Hodge Lifetime - Lump Sum Lifetime Mortgage
Legal & General - Flexible Yellow
Legal & General - Flexible Indigo

Towns where retirement mortgages are common

  • Ulverston
  • Malton
  • Wolverton and Greenleys
  • Higham Ferrers
  • Rowley Regis
  • Otley
  • Whitehaven
  • Wadhurst
  • Southport
  • Ilminster
  • Alsager
  • Thornaby-on-Tees
  • Reepham

Equity Release Scheme Lenders

  • More2Life
  • LV equity release
  • Key Retirement
  • Prudential Lifetime

Aviva Drawdown Lifetime Mortgages

Crown

More2Life

Just Equity Release

Canada Life Equity Release

Crown Retirement Mortgages

Equity Release Loan To Value Equity Release Refinance

  • 60% interest-only lifetime mortgages. The Exeter Equity Release
  • 45% LTV monthly payment lifetime mortgage Stepchange
  • 25% loan to value (LTV) lump sum lifetime mortgages Prestige Finance
  • 30% loan to value monthly payment equity release Agricultural Land Mortgage UK
  • 40% LTV lump sum lifetime mortgages Step Change
  • 25% loan to value lump sum lifetime mortgages Clydesdale Bank PLC