- 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
Not interested in equity release? Do you just want a conventional interest-only mortgage at 3.97% regardless of your age please Click Here
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
Pensioner Mortgage Retirement Apartment
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.
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
Hodge Lifetime Retirement Mortgages
- Retirement Mortgage Age 53 UK
- Home Equity Loan Paragon in 2023
- Bad Credit Mortgages Clydesdale Bank in 2023
- Home Equity Loan Pensioners Over 65 for 2023
- Equity Loan Landbay UK
- Interest Only Mortgage Newbury Building Society Mortgages for 2023
- Home Equity Loan Allied Irish Bank Aib for 2023
- RIO Newcastle Building Society for 2023
- RIO Habito in 2023
- Interest Only Mortgage Flats And Maisonettes In Blocks Of More Than 10 Storeys in 2023
- Remortgage Bad Credit Aldermore Bank UK
- Refinance Monmouthshire Building Society UK
- Equity Loan Scotland UK
- Home Equity Loan Bluestone Mortgages for 2023
- Refinance Fleet Mortgages in 2023
- Coutts Finance Co
- Interest Only Lifetime Mortgages First Direct in 2023
- Refinance Vida Homeloans UK
- Equity Loan Flats Within A Block Of 4-5 Storeys Or More No Lift for 2023
- Refinance Cambridge Building Society for 2023
- Interest Only Mortgage Saffron Building Society Mortgages in 2023
- RIO Bank Of Ireland Mortgages for 2023
- RIO Remote Rural And Agricultural Properties in 2023
- Equity Loan Under 50 UK
- Retirement Mortgage Royal Bank Of Scotland for 2023
- Legal And General
- Equity Loan For Retirement Properties for 2023
- RIO Non Standard Construction for 2023
- Remortgage Reinforced Mesh K Lath Construction in 2023
- Remortgage Bad Credit For Tenants In Common in 2023
- RIO The Mortgage Works UK
- Home Equity Loan Age 43 for 2023
- Equity Loan Under 50 in 2023
- RIO Bad Credit in 2023
- St James Place Bank
- Equity Loan Ahli United Bank for 2023
- Refinance New Street Mortgages for 2023
- Remortgage National Counties Building Society Bs UK
- Interest Only Mortgage Ex-Local Authority Steel Frame Properties in 2023
- RIO Restrictive Covenant Overage Clawback Option Pre Emption for 2023
- Move Provider
- Remortgage Bad Credit NatWest in 2023
- Remortgage Bad Credit Leasehold Houses in 2023
- Equity Loan Wimpey No Fines Construction for 2023
- Equity Loan Yorkshire Bank in 2023
- Interest Only Lifetime Mortgages Drawdown for 2023
- Pensioner Mortgage Properties Held By Companies for 2023
- RIO Masthaven Bank UK
- Interest Only Lifetime Mortgages Repayment Option UK
- Tax Free And Estate Planning
- Equity Loan Magellan Homeloans for 2023
- Refinance Iva UK
- RIO Together Personal Finance UK
- Interest Only Lifetime Mortgages First Active in 2023
- Home Equity Loan Asbestos Composition Roof Tiles UK
- Remortgage Bad Credit Freehold Held By Local Authority for 2023
- Interest Only Lifetime Mortgages Nationwide for 2023
- Retirement Mortgage Property Is Grade 1 Listed for 2023
- Remortgage Prefabricated Concrete Houses for 2023
- Pensioner Mortgage Investec Bank UK
- Equity Loan Precast Reinforced Concrete Prc Properties UK
- Bad Credit Mortgages Properties Built Entirely Of Timber Or Timber Frame UK
- Interest Only Lifetime Mortgages Sheltered Accommodation for 2023
- Refinance Furness Building Society in 2023
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.