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
K lath equity release is getting more and more popular as many lenders understand its value better and are willing to lend.
Home reversion plans can reduce the value of your estate. Home reversion schemes may impact ability to claim benefits. You may need to pay a solicitor’s fee and you could have higher rates to pay with some schemes.
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
It’s usual to encounter people looking for home reversion plans, monthly payment lifetime mortgage or home reversion plans, however, Lifetime Mortgage from L&G like The Exeter Equity Release are keen to see proof of your situation in the form of pension statements.
The older you are and the the more illnesses you have you are the more tax free cash you can release.