Lifetime Mortgage Retirement Apartment

Retirement Mortgage Retirement Apartment
  • Not necessary to make regular monthly payments
  • Help your family get a deposit for their own home
  • Still, have a few more mortgages payments to make? No problems
  • Stay living in your own house
  • Often used to help tax planning
  • All UK Postcodes areas are acceptable
  • Properties near power lines, mobile masts, wind turbines and substations acceptable

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

pensioner mortgages
pensioner mortgages interest only
retirement mortgage
  • Free No Obligation Quote

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

pensioner mortgages
reverse mortgage

Equity Release percentages of your current property value

The older you are and the sicker you are the more tax free cash you can 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 Private Tenant.

Equity Release LTV

  • 50% monthly payment lifetime mortgage Legal & General
  • 35% loan to value (LTV) monthly payment equity release LV lifetime mortgage
  • 60% LTV monthly payment equity release 1st Stop Home Loans

Areas of the UK where equity release is common

  • Harwich
  • Whitchurch
  • Biddulph
  • Long Sutton
  • Staines-upon-Thames
  • Aylesbury
  • Mildenhall
  • Frinton and Walton
  • Penryn
  • Hedon
  • Tow Law
  • West Ham
  • Thorpe St Andrew
  • Cheshunt
  • Ongar
  • Hednesford
  • Hadleigh
Just lifetime mortgage

Pensioner Mortgage Retirement Apartment

LV= Flexible Lifetime Mortgage
Canada LIfe - Interest Select Gold Flexi
Canada Life - Lifestyle Gold
Aviva - Lifestyle Flexible Option

It is very regular to discover individuals searching for lumpsum lifetime mortgages, monthly payment life time mortgage or monthly payment equity release, however, Sunlife Plans like Maximum cover Equity Release are keen to see proof of your personal circumstances in the form of bank statements.

Retirement Mortgage Age 53 UK

Interest Only Lifetime Mortgages Retirement Apartment

  • Hodge Lifetime Flexible Drawdown Plan
  • Pure Retirement Classic Drawdown Lite Plan
  • TSB Equity Release Plans
  • NatWest Equity Release
  • Royal Bank of Scotland Equity Release
  • Saga Lifetime Mortgage
  • Bridgewater Equity Release
  • Pure Retirement Classic Drawdown Lite Plan
  • Stonehaven Equity Release Scheme
  • Nationwide Equity Release Schemes
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Bridgewater Equity Release Schemes
  • Canada Life Interest Select Gold Flexi
  • L&G Legal & General Flexible Max Scheme
  • NatWest Equity Release Plans
  • Age Partnership Interest Only Lifetime Mortgage
  • Canada Life Interest Select Gold Flexi
  • NatWest Lifetime Mortgage
Refinance Flats And Maisonettes In Blocks Of More Than 10 Storeys UK

Hodge Lifetime Retirement Mortgages

Legal and General

More2Life Equity Release

Just Mortgages

Crown Mortgages

Lenders for UK Equity Release

  • the Telegraph
  • More to Life
  • Aviva
  • More to Life

Drawbacks of Interest Only Lifetime Mortgages

Monthly payment life time mortgage can reduce your estate value. Monthly payment life time mortgage may impact ability to get state benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.

Small business owners detail likely with equity to release from their homes

  • Wholesale of machine tools Mablethorpe and Sutton
  • Casting of steel Bishops Castle
  • Joinery installation Carnforth
  • Public relations and communications activities Portland
  • Management consultancy activities other than financial management Hendon
  • Social work activities without accommodation for the elderly and disabled Aldeburgh
  • Casting of other non-ferrous metals Upton-upon-Severn
  • Activities of collection agencies Partington
  • Activities of open-ended investment companies Rugby
  • Production of abrasive products Corsham
  • Freight transport by road Reading
  • Manufacture of fasteners and screw machine products Rayleigh
  • Manufacture of household and sanitary goods and of toilet requisites Winslow
  • Manufacture of mattresses Sprowston
  • Wholesale of agricultural machinery, equipment and supplies Wooler
  • Renting and leasing of office machinery and equipment including computers Hatfield
  • Repair and maintenance of other transport equipment n e c Coulsdon
  • Processing and preserving of potatoes Wiveliscombe
  • Manufacture of soft drinks; production of mineral waters and other bottled waters Fordingbridge
  • Retail sale of leather goods in specialised stores Southwick
  • Manufacture of fluid power equipment Penryn
  • Combined office administrative service activities Tamworth
  • Video distribution activities Hingham
  • Sawmilling and planing of wood Stalybridge

Hard to finance home variants can include homes requiring essential repairs, entirely tenanted properties, leasehold properties where the lease length is currently unacceptable, properties where the customer is offering only part of the title as security for the loan and properties where the borrower(s) own the freehold with any connected party .

Some of the most popular retirement loan offerings are Lloyds mortgages for over 60s, Barclays Bank retirement mortgages, NatWest mortgages for 60 plus pensioners, L&G mortgages for 60 plus and Nationwide later life interest only mortgages over 70.

Hard to finance property types can include difficult roof structures, properties with pre 1945 asbestos or similar composition roof tiles, properties constructed or converted within the past 10 years, privately developed flats in blocks of five storeys or more and basement or lower ground floor flats without level access to private or communal garden space.

Some of the most popular LTV ratios of Lloyds Bank interest only lifetime mortgages for people over 60, Barclays later life interest only mortgages over 70, Post Office interest only mortgages for over 60s near London, Legal & General mortgages for over 70s, Royal Bank of Scotland interest only lifetime mortgages for over 70s and Nationwide Building Society over 60 mortgages are 50%, 55% and 65%.

Tough to finance home titles include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties converted from modern commercial premises, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that have solar farms or a large number of wind turbines on the land and properties with mobile phone masts which are within influencing distance of the house.

Tough to finance home titles can include properties will be assessed for flood risk, leasehold properties with a short lease, typically less than 70 years, or a defective lease, derelict property or where part of the building is in severe disrepair and needs demolishing, timber buildings and concrete frame.

Loan to value for equity release?

You can get 70% of your property’s valuation. For example, if your house is valued at £250,000 you can borrow £162,000.