Lifetime Mortgage Restrictive Covenant Overage Clawback Option Pre Emption – 1.9% APR

Retirement Mortgage Restrictive Covenant Overage Clawback Option Pre Emption

  • No monthly repayments
  • Help a member of your family buy their own home that they couldn’t afford otherwise
  • Still, have a few more mortgages payments to make? No problems
  • Lenders not affected by corona virus-covid 19 crisis

If you don’t want a lifetime mortgage or equity release, and just want a normal 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

Over 65
Over 55

  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.

  • About You

Over 55
retirement mortgage

Successful business owners who could benefit from Home Reversion Scheme tax planning

  • Finishing of textiles Shaftesbury
  • Liquid milk and cream production Haslemere
  • Manufacture of soft furnishings Houghton Regis
  • Film processing Bude-Stratton
  • Manufacture of computers and peripheral equipment Shoreham-by-Sea
  • Gambling and betting activities Newlyn
  • Mixed farming Glossop
  • Logging Hawkinge
  • Quantity surveying activities Southend-on-Sea
  • Inland freight water transport Bideford
  • Manufacture of other non-distilled fermented beverages Faversham
  • Manufacture of basic iron and steel and of ferro-alloys Wallasey
  • Mining of lignite Fairford
  • Manufacture of electrical and electronic equipment for motor vehicles and their engines Scarborough
  • Data processing, hosting and related activities Tavistock
  • Operation of warehousing and storage facilities for air transport activities Beaminster
  • Activities of households as employers of domestic personnel Stony Stratford
  • Retail sale by opticians Staveley
  • Repair of footwear and leather goods Gillingham
  • manufacture of canvas goods, sacks, etc Fordwich
  • Manufacture of prepared feeds for farm animals Staines-upon-Thames

 

Towns of the UK where Lifetime Mortgages are common

  • Alsager
  • South Shields
  • Woburn
  • Southsea
  • Spalding
  • Battle
  • Stockton-on-Tees
  • Swindon
  • Nantwich
  • Whitchurch
  • Northampton
  • Market Harborough
  • Hounslow
  • Westbury
  • Tring

 

Aviva Mortgages

Hard to finance home types include homes requiring essential repairs, properties where tenants live in a self-contained part of the property, right to buy – properties in England, Wales and Northern Ireland, commonhold properties and properties with single skin brickwork.

Popular retirement mortgage products include TSB equity release schemes, Barclays later life mortgages, Halifax interest only mortgages for over 65 year olds, Legal and General lifetime mortgages and Nationwide Building Society interest only mortgages for people over 60.

Difficult to finance property types include properties with post 1945 asbestos or similar composition roof tiles , properties with any externally applied insulation to the walls after construction, properties with minimum floor area of 30 square metres, privately developed flats in blocks of two storeys without a lift and basement or lower ground floor flats with level access to private or communal garden space.

Some of the most popular loan to value percentages of Lloyds Bank later life interest only mortgages over 75, Barclays Bank lifetime mortgages for people over 55, Halifax retirement interest only mortgages over 60, Legal and General retirement interest only mortgages over 60, RBS pensioner mortgages over 60 and Nationwide Building Society mortgages for 60 year olds are 50%, 55% and 70%.

Challenging to mortgage home titles include properties built or converted into dwellings within the last 10 years , properties with grounds in excess of five acres, use of the land and any outbuildings for a small amount of personal commercial use., properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.

Tough to finance property variants can 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, some properties with sitting tenants or regulated tenancies, asbestos construction and properties that has never been registered with the land registry.

How much cash can I borrow?

You can borrow 65% of your property’s value. For example, if your house is worth £360,000 you can release £234,000.

Hodge Lifetime Lifetime Mortgages

Pensioner Mortgage Restrictive Covenant Overage Clawback Option Pre Emption

One Family Drawdown Lifetime Mortgages

Legal and General Equity Release

The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Assured shorthold tenancy tenant.

UK Lenders for Equity Release

  • Aviva
  • One Family
  • More2Life

More2Life - Flexi Choice Lite

Canada Life Home Finance lifetime mortgage for properties in Scotland

More2Life - Tailored Choice Plan

Interest Only Lifetime Mortgages Restrictive Covenant Overage Clawback Option Pre Emption

Pure Retirement Ltd lifetime mortgage

LV= lifetime mortgage

Equity Loan Pitched Roofs Of Asbestoscement Tiles in 2024

  • Aviva Lifestyle Flexible Option
  • Hodge Lifetime Flexible Drawdown Plan
  • Pure Retirement Equity Release Plans
  • HSBC Equity Release Schemes
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement Classic Voluntary Payment Super Lite
  • More 2 Life Capital Choice Plan
  • NatWest Lifetime Mortgage
  • More2Life Capital Choice Plan
  • Bridgewater Lifetime Mortgage
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • Pure Retirement Equity Release Schemes
  • Stonehaven Interest Only Lifetime Mortgage
  • Nationwide Equity Release
  • NatWest Equity Release Schemes
  • Canada Life Landlord Voluntary Select Plan
  • TSB Equity Release

Drawbacks of Equity Release Plans

Monthly payment equity release can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact ability to claim benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.

What percentage can be released?

The more elderly you are and the unhealthier you are the more cash you can release.

Retirement Mortgage Saga in 2024

It’s often found to discover people looking for interest-only lifetime mortgages, monthly payment lifetime mortgage or home reversion plans, however, Legal and General like The Exeter Equity Release are keen to see proof of your personal situation in the form of bank statements.

What percentage can be released?

  • 60% monthly payment life time mortgage Fortify Insurance Solutions
  • 50% loan to value home reversion plans Norton Finance
  • 60% loan to value lifetime mortgage with flexible drawdown cash release Key Retirement

 

Secured Loan And Equity Release Lenders

  1. 5.73% Teachers Building Society Secured Loans with No Fees and 85% LTV
  2. 5.55% Swansea Building Society Secured Loans No Fees 90% LTV
  3. Newcastle Building Society Secured Loans No Fees
  4. 7.5% Second Homes Secured Loans No Fees Free Valuation 90%
  5. 7.29% Crofted Houses Secured Loans – No Fees, Free Valuation
  6. 7.46% Properties Held In Trust Secured Loans No Fees 90% LTV
  7. 7.5% Asbestos Composition Roof Tiles Secured Loans No Fees
  8. 5.75% The Mortgage Lender Secured Loans with No Fees, Even with Bad Credit
  9. 5.52% Precise Mortgages Secured Loans No Fees Free Valuation
  10. 7.21% Annexe Self Contained Granny Flats Secured Loans
  11. 5.72% Fixed Halifax Secured Loans – No Fees, Free Valuation, 90% LTV
  12. 90% LTV with 7.4% Pre-Fabricated Properties Secured Loans
  13. 5.57% Fixed Amber Home Secured Loans No Fees Free Valuation
  14. 7.38% Under 50 UK Property Secured Loans No Fees Bad Credit
  15. 7.36% High Acceptance Secured Loans No Fees Free Valuation
  16. 5.5% Intelligent Finance Secured Loans No Fees Bad Credit
  17. 7.34% Properties Purchased Right To Buy Scheme Secured Loans
  18. 5.58% First Direct Secured Loans No Fees Free Valuation 85%
  19. 5.57% Royal Bank of Scotland Secured Loans No Fees 90% LTV
  20. 7.34% Asbestos Sheet Secured Loans No Fees Free Valuation
  21. 5.68% Harpenden Building Society Secured Loans No Fees 90%
  22. 5.75% Yorkshire BS Secured Loans: No Fees, Free Valuation, 85% LTV
  23. 7.35% Properties Adjacent Commercial Premises Secured Loans
  24. 5.74% Secured Loans with Mansfield BS: No Fees, Free Valuation, and 85% LTV
  25. 7.29% Property Made Up Of Multiple Titles Secured Loans 85%
  26. 5.72% Fixed Rate on Leeds Building Society Secured Loans – No Fees, 90% LTV
  27. 7.21% No Broker Fee Secured Loan with Free Valuation and No Fees – 90% LTV
  28. 2% Retirement Apartment Secured Loans: No Fees for Bad Credit
  29. 5.61% Fixed APR M&S Bank Secured Loans: No Hidden Fees, Valuation is Free
  30. 5.71% Nedbank Private Wealth Secured Loans No Fees 90% LTV
  31. 5.62% Foundation Home Loans Secured Loans No Fees Bad Credit 2024
  32. 5.73% Secured Loans from Manchester Building Society – No Fees, 85% LTV
  33. 7.26% Corrugated Iron Roofs and Iron Secured Loans: Get 85% Financing
  34. 7.44% Loft Conversion Secured Loans No Fees Free Valuation
  35. 5.83% Legal And General Secured Loans – No Fees, Free Valuation
  36. 5.65% Fixed Atom Bank Secured Loans No Fees Free Valuation
  37. 7.28% Category A & B Listings Scotland Listed Secured Loans
  38. Leeds BS Secured Loans – Get Free Valuation & No Fees
  39. 5.67% Cambridge Building Society Secured Loans No Fees 90%
  40. 7.44% Laing Easiform Homes Mortgages Secured Loans No Fees