Lifetime Mortgage Repayment Option

Retirement Mortgage Repayment Option

  • Release tax-free cash from your home
  • No regular monthly payments
  • Use the money to keep another family member away from a high loan to value mortgage
  • Prefabricated properties are OK

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

  • Your Requirements

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

  • Please enter a number from 25 to 95.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Not interested in equity release? Do you just want a conventional interest only mortgage at 1.97% regardless of your age please Click Here



pensioner mortgages
Over 55

  • Get a RIO mortgage before Brexit ruins house prices

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

  • Please enter a number from 25 to 95.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

retirement mortgage
equity release
retirement mortgages
Over 55

The lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier Primary Residence.

Retired small business owners that may be interested in lifetime mortgages

  • Operation of sports facilities Alsager
  • Renting and leasing of office machinery and equipment including computers Wivenhoe
  • Manufacture of other tanks, reservoirs and containers of metal Long Sutton
  • Licensed carriers Ossett
  • Other service activities n e c Braunstone Town
  • Production of meat and poultry meat products Southend-on-Sea
  • Construction of domestic buildings Battle
  • Activities of extraterritorial organizations and bodies Thatcham
  • Private security activities Stainforth
  • Manufacture of motor vehicles Burgh-le-Marsh
  • Cold drawing of bars Blandford Forum
  • Manufacture of batteries and accumulators Church Stretton
  • Butter and cheese production Lydney
  • Wholesale of china and glassware and cleaning materials Rawtenstall
  • Furnace and chimney cleaning services Highbridge
  • Manufacture of other technical ceramic products Pickering
  • Repair of consumer electronics Bury
  • Wholesale of sugar and chocolate and sugar confectionery Andover
  • Publishing of computer games Southport
  • Wholesale of watches and jewellery Wirksworth
  • Printing n e c Northam
  • Manufacture of industrial gases Bournemouth

Equity Release LTV Percentages

  • 60% home reversion plans Aegon
  • 35% loan to value (LTV) home reversion schemes Liverpool Victoria
  • 45% loan to value (LTV) lumpsum lifetime mortgages Shawbrook
  • 30% LTV monthly payment life time mortgage Prestige
  • 40% loan to value lifetime mortgage with flexible drawdown cash release Saga
  • 25% loan to value home reversion schemes Equifinance

It’s very regular to encounter people seeking out lump sum lifetime mortgages, lumpsum lifetime mortgages or home reversion schemes, however, Just Retirement like Old Mutual Wealth are keen to see paperwork to show your personal situation in the form of bank statements.

Legal & General - Flexible Yellow

Pure Retirement - Classic Super Lite Plan

Pensioner Mortgage Repayment Option

Canada Life - Lifestyle Lite

More2Life - Flexi Choice Lite

Pure Retirement Ltd lifetime mortgage

Hodge Lifetime lifetime mortgage

Legal & General - Flexible Indigo

Interest Only Lifetime Mortgages Repayment Option

More2Life - Flexi Choice Super Lite

Areas where equity release is common

  • Faringdon
  • St Neots
  • Paignton
  • Axminster
  • Longridge
  • Charlbury
  • Kidderminster
  • Uxbridge
  • Lowestoft
  • Twickenham
  • Okehampton
  • Brixham
  • Redenhall with Harleston
  • Hertford
  • Watchet
  • Fleet
  • New Alresford
  • Wellington
  • Somerton
  • Leighton-Linslade
  • Meltham

Hodge Lifetime Drawdown Lifetime Mortgages

Just Mortgages

LV Drawdown Lifetime Mortgages

Just Lifetime Mortgages

 

Equity Release LTV

The more aged you are and the unhealthier you are the more tax free money you can release.

Disadvantages of Home Reversion Plans

Lump sum lifetime mortgages can reduce the value of your estate. Interest-only lifetime mortgages may impact ability to claim benefits. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.

Home Equity Loan Monmouthshire Building Society in 2020

  • Just retirement defined benefit
  • L&G Legal & General Flexible Max Scheme
  • More to Life Flexi Choice Drawdown Lite Plan
  • Royal Bank of Scotland Lifetime Mortgage
  • Stonehaven Lifetime Mortgage
  • TSB Lifetime Mortgage
  • Aviva Lifetime Mortgages
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Bridgewater Equity Release Schemes
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Liverpool Victoria LV Equity Release
  • Stonehaven Lifetime Mortgage
  • HSBC Equity Release Schemes
  • More to Life Capital Choice Plus Plan
  • Bridgewater Equity Release Plans
  • Age Partnership Equity Release

Pensioner Mortgage Danske Bank UK

Providers for UK Equity Release

  • Key Retirement
  • Liverpool Victoria
  • Aviva