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
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Owner Occupier Primary Residence.
The older you are and the more serious your illnesses you are the more tax free money you can release.
Home reversion plans can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to claim benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.
It’s common to discover people looking for lumpsum lifetime mortgages, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, Sunlife Plans like Royal London Equity Release are keen to see paperwork to show your situation in the form of pension statements.