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
Release equity from:*
How Much Would You Like Release/Borrow?*
Please enter a number from 6000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Your Email Address:*
Phone Number*
First Line Of Your Address:*
Your Postcode:*

Not interested in equity release? Do you just want a conventional interest only mortgage at 3.97% regardless of your age please Click Here

Free No Obligation Quote
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 10000 to 2000000.
Estimated Value Of Your Home?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Contact Phone Number:*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

Pensioner Mortgage Sell House

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

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

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.

Interest Only Lifetime Mortgages Sell House

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.

Free No Obligation Quote

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