Lifetime Mortgage Sell House

Retirement Mortgage Sell House
  • Remove tax-free equity from your property
  • Use the money for a motorhome or new car
  • Are you still paying a mortgage? No problems
  • Continue to stay in your house
  • Can be used to manage inheritance tax bills
  • No lenders fee added on
  • Prefabricated property titles are OK

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

Under 55
  • Free No Obligation Quote

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

lifetime mortgage interest only rates
lifetime mortgage

Pensioner Mortgage Sell House

retirement mortgage

Downsides of Home Reversion Plans

Monthly payment lifetime mortgage can reduce the inheritance for your family. Monthly payment equity release may impact entitlements to benefits. You may need to pay a legal fee and you could have higher rates to pay with some schemes.

Examples of business owners with home equity to release

  • Reproduction of computer media Tavistock
  • Manufacture of women’s underwear Syston
  • Manufacture of glass fibres Fareham
  • Activities of professional membership organizations Ventnor
  • Manufacture of ready-mixed concrete Totton and Eling
  • Activities of conference organisers Hyde
  • Manufacture of light metal packaging Leiston
  • Cargo handling for land transport activities Morpeth
  • Other telecommunications activities Dewsbury
  • Fund management activities Stevenage
  • Research and experimental development on biotechnology Frodsham
  • Manufacture of irradiation, electromedical and electrotherapeutic equipment Chatteris
  • Manufacture of sugar confectionery Woburn Sands
  • Operation of warehousing and storage facilities for land transport activities Somerton
  • Educational support services Hounslow
  • Manufacture of metal structures and parts of structures Dovercourt
  • Freight air transport New Milton
  • Financial management Thame
  • Freshwater aquaculture Grays
  • Manufacture of machinery for mining Middlesbrough
  • Wholesale of mining, construction and civil engineering machinery Paddock Wood
  • Manufacture of breakfast cereals and cereals-based food Sutton Coldfield
  • Sale of new cars and light motor vehicles Biggleswade

Equity Release percentages of your current property value

The older you are and the unhealthier you are the more tax free cash you can release.

Providers for Equity Release

  • Age Concern
  • Santander
  • Just Retirement
  • Norwich Union
  • AIG Life
Retirement Mortgage Liverpool Victoria in 2024
  • Aviva Equity Release
  • Stonehaven Equity Release Plan
  • Nationwide Interest Only Lifetime Mortgage
  • Canada Life Lifestyle Lite Flexi
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • More to Life Capital Choice Plan
  • Pure Retirement Drawdown Plan
  • HSBC Lifetime Mortgage
  • More 2 Life Capital Choice Plan
  • Aviva Lifetime Mortgage
  • More2Life Flexi Choice Drawdown Lite Plan
  • Bridgewater Equity Release Plans
  • NatWest Lifetime Mortgage
  • Bridgewater Equity Release Schemes
  • Stonehaven Interest Select Plan

LV Retirement Mortgages

More2Life Mortgages

How much is it common to release from a home

  • 55% lump sum lifetime mortgages Fortify Insurance Solutions
  • 50% loan to value monthly payment equity release Precise
  • 25% loan to value interest-only lifetime mortgages Expat Packager
  • 60% loan to value home reversion plans Legal and General
  • 30% loan to value lifetime mortgage with flexible drawdown cash release Paragon NonPortfolio
Interest Only Mortgage Britannia Co-Operative Bank UK

The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier.

Towns where Lifetime Mortgages are routine

  • Solihull
  • Yateley
  • Aldershot
  • Wolsingham
  • Petworth
  • Driffield
  • Stone
  • Bingley
  • Burntwood
  • Burnham-on-Crouch
  • Bollington
  • Lowestoft
  • Chorleywood
  • South Molton
  • Lewes
  • Downham Market
  • Edgware
  • Hadleigh
  • Rye

It is often found to discover individuals looking for lifetime mortgage with flexible drawdown cash release, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, Key Retirement like Aegon are keen to see paperwork to show your situation in the form of bank statements.

Canada Life Home Finance lifetime mortgage for properties in Scotland
Pure Retirement - Classic Super Lite

Interest Only Lifetime Mortgages Sell House

More2Life - Flexi Choice Lite
Pure Retirement - Classic Super Lite Plan
Just Retirement - Roll-Up Lifetime Mortgage
More2Life - Flexi Choice Super Lite
Legal & General Home Finance lifetime mortgage
LV= lifetime mortgage
Aviva lifetime mortgage with cashback

Difficult to finance property variants can include homes requiring essential repairs, properties where letting arrangement where the tenancy agreement is not appropriate, feuhold/freehold properties (including flats) in Scotland, properties with unregistered titles subject to these being registered as part of the legal process and properties with owned solar panels.

Common retirement loan offerings include TSB equity release schemes, Barclays mortgages for 60 plus, Post Office interest only mortgages for people over 60, L&G mortgages for over 65 and Nationwide equity release schemes.

Hard to mortgage home variants include Timber-framed properties constructed post 1965, properties with spray foam insulation applied to the underside of the roof, properties constructed or converted within the past 10 years, coach houses i.e. freehold properties with garages beneath and properties where the flat is accessed via a deck or balcony.

Popular loan to value percentages of Lloyds Bank later life interest only mortgages over 70, Barclays Bank pensioner mortgages over 70s, Post Office mortgages for over 60s, L&G mortgages for over 50 year olds, Royal Bank of Scotland over 60 lifetime mortgages and Nationwide Building Society interest only lifetime mortgages for people over 60 are 45%, 55% and 65%.

Tough to mortgage home variants can include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties with flying or creeping freehold which comprises 15% or less of the total floor area, properties without direct access to an adopted highway or which are accessed over an unmade road, properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.

Tough to mortgage home titles include properties built on contaminated land, ground rent where the lease or any deed varying the lease provides for a ground rent exceeding, or where the escalating provisions would result in the ground rent exceeding £250 per annum (or £1000 per annum where the property is in Greater London), property is uninhabitable, timber buildings and missing planning permission or building regulations approval.

Loan to value for equity release?

You can borrow 70% of your home’s value. For example, if your house is worth £200,000 you can borrow £120,000.