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
Interest-only lifetime mortgages can reduce the inheritance for your family. Monthly payment lifetime mortgage may impact ability to claim entitlements. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
The more elderly you are and the more serious your illnesses you are the more money you can release.
It’s common to find people searching for interest-only lifetime mortgages, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, Age Partnership like Maximum cover Equity Release are keen to see proof of your personal situation in the form of bank statements.
The lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an AST Tenant.