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
Interest-only lifetime mortgages can reduce your estate value. Lumpsum lifetime mortgages may impact entitlements to state benefits. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.
The more elderly you are and the sicker you are the more cash you can release.
It’s often found to find people searching for home reversion schemes, monthly payment life time mortgage or home reversion plans, however, Just Retirement like LV Liverpool Victoria are keen to see paperwork to show your situation in the form of pension statements.