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
Home reversion schemes can reduce the inheritance for your family. Monthly payment lifetime mortgage may impact ability to get state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
The older you are and the sicker you are the more cash you can release.
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.
It’s common to find people looking for lumpsum lifetime mortgages, monthly payment lifetime mortgage or home reversion plans, however, Just Retirement like Aegon are keen to see proof of your personal circumstances in the form of pension statements.