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
It is common to find people searching for lumpsum lifetime mortgages, monthly payment life time mortgage or monthly payment equity release, however, Key Retirement like Zurich are keen to see paperwork to show your circumstances in the form of investment statements.
The more aged you are and the unhealthier 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 with share of freehold and if the resident is an Owner Occupier Primary Residence.
Monthly payment lifetime mortgage can reduce the inheritance for your family. Monthly payment equity release may impact entitlements to state benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.