Lifetime Mortgage South Yorkshire Sheffield

Retirement Mortgage South Yorkshire Sheffield
  • Remove tax-free cash from your property.
  • Use the money for anything you like
  • Still, have a few more mortgage payments to make? We can help with that
  • Continue to live in your own home
  • It can be used to help with tax planning
  • No lenders fees are added on
  • Steel, concrete and timber construction properties are acceptable

If you don’t want a lifetime mortgage or equity release, and 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 want a conventional interest-only mortgage at 3.97%, regardless of your age? Please Click Here

interest only lifetime mortgage
interest only mortgage rates

  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.

  • About You

reverse mortgage
pensioner mortgages interest only

Areas where retirement mortgages are popular

  • Harpenden
  • Bromley
  • Northampton
  • Stone
  • Whitehaven
  • Bewdley
  • Hoddesdon
  • Whaley Bridge
  • Ashington
  • Walsall
  • Keynsham
  • Enfield
  • Stourport-on-Severn
  • Watchet
  • Leigh-on-Sea

Equity Release Loan To Value

The more elderly you are and the sicker you are, the more money you can release.

UK Equity Release Lenders

  • Key Retirement
  • LV equity release
  • Sunlife Plans
The Mortgage Works

Retired small business owners who may be interested in lifetime mortgages

  • Manufacture of mortars Marlborough
  • Manufacture of perfumes and toilet preparations Hayle
  • Growing of cereals except rice, leguminous crops and oil seeds Willesden
  • Manufacture of oils and fats Penzance
  • Gambling and betting activities Sedbergh
  • Growing of tobacco Stainforth
  • Inland passenger water transport Nelson
  • Renting and leasing of other machinery, equipment and tangible goods n e c Chesham
  • Wholesale of coffee, tea, cocoa and spices Corringham
  • Sewerage Hawkinge
  • Manufacture of homogenized food preparations and dietetic food Harpenden
  • Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played Cleckheaton
  • Renting and leasing of freight air transport equipment Mirfield
  • Buying and selling of own real estate Ipswich
  • Manufacture of fibre optic cables Lydd
  • Processing and preserving of poultry meat Blackrod
  • Silviculture and other forestry activities St Columb Major
  • Manufacture of machinery for mining Madeley
  • Market research and public opinion polling Yateley
  • Repair of fabricated metal products Lewes
  • Manufacture of synthetic rubber in primary forms Pocklington

It’s often found to discover individuals looking for lifetime mortgages with flexible drawdown cash releases, lump sum lifetime mortgages or home reversion plans. However, age partnerships like VitalityLife Equity Release are keen to see paperwork showing your circumstances in the form of bank statements.

Pitfalls of Equity Release Schemes

Lumpsum lifetime mortgages can reduce your estate value. A lifetime mortgage with flexible drawdown cash release may impact your entitlements to state benefits. You may need to pay a valuation fee, and with some schemes, you could pay higher rates.

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 Assured shorthold tenancy tenant.

Aviva lifetime mortgage with cashback
More2Life - Capital Choice Plus Plan

Pensioner Mortgage South Yorkshire Sheffield

Canada Life - Lifestyle Lite
More2Life - Tailored Choice Plan
Canada Life Home Finance lifetime mortgage
Aviva - Lifestyle Flexible Option
More2Life - Flexi Choice Lite
more 2 life lifetime mortgage
Premier Flexible Black
Legal & General - Flexible Pink

How much is it expected to release from a home

  • 60% monthly payment lifetime mortgage Aegon
  • 45% loan to value lump sum lifetime mortgages Pepper
  • 30% LTV monthly payment equity release New Street Mortgages
  • 50% loan to value (LTV) home reversion schemes Norton Finance
  • 25% loan to value lifetime mortgage with flexible drawdown cash release Aldermore Bank PLC
Home Equity Loan Barnsley Building Society for 2024
  • More 2 Life Tailored Choice Plan
  • Bridgewater Equity Release
  • Canada Life Lifestyle Gold Flexi
  • Hodge Lifetime Mortgage Plus
  • Nationwide Equity Release Schemes
  • Lloyds Bank Equity Release
  • More to Life Flexi Choice Drawdown Lite Plan
  • Saga home reversion plan
  • Aviva Lifetime Mortgages for Pensioners
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • Aviva Flexible Voluntary Repayment Plan
  • Hodge Lifetime Mortgage Plus
  • More 2 Life Flexi Choice Drawdown Lite Plan
  • HSBC Equity Release Plans
  • Lloyds Bank Equity Release Schemes
  • TSB Equity Release
  • Bridgewater Equity Release Schemes
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Royal Bank of Scotland Equity Release

Pure Retirement Lifetime Mortgages

Just Lifetime Mortgages

Interest Only Lifetime Mortgages South Yorkshire Sheffield

Canada Life Lifetime Mortgages

Crown Retirement Mortgages

LV Retirement Mortgages

Hard-to-finance home variants can include properties currently undergoing substantial alterations, extensions, or repairs, properties with a letting arrangement where the tenancy agreement is not appropriate, right–to–buy properties in England, Wales, and Northern Ireland, properties made up of multiple titles, and properties with single-skin brickwork.

Some of the most popular pensioner mortgage products are Lloyds interest-only mortgages for people over 70, HSBC interest-only lifetime mortgages, Post Office later life interest-only mortgages over 60, L&G retirement mortgages, and Nationwide mortgages for people 60 plus.

Difficult-to-mortgage property types can include timber-framed properties built before 1920, properties with pre-1945 asbestos or similar composition roof tiles, steel-frame/clad properties built before 1990, former local authority flats, and basement or lower ground-floor flats without level access to private or communal garden space.

Standard loan to value ratios of Lloyds equity release schemes for over 55’s, HSBC interest only lifetime mortgages for over 70s, NatWest later life interest only mortgages over 60, Legal and General over 60 lifetime mortgages, Royal Bank of Scotland later life borrowing schemes over 55 and Nationwide BS mortgages over 70s are 35%, 55% and 70%.

Tough-to-mortgage home titles include properties built or converted into dwellings more than 10 years ago, properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties with mobile phone masts which are not within influencing distance of the house and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.

Challenging to mortgage home variants can include high service charges, 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), properties where there are boundary disputes or where planning applications have not been applied for correctly, asbestos construction and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.

How much money can I get?

You can borrow 65% of your home’s valuation. For example, if your home is valued at £250,000, you can get £162,000.

Secured Loan And Equity Release Lenders

  1. Black Horse Secured Loans: No Fees, Free Valuation
  2. 90% LTV with 7.4% Pre-Fabricated Properties Secured Loans
  3. 7.44% Laing Easiform Homes Mortgages Secured Loans No Fees
  4. 5.61% Fixed APR M&S Bank Secured Loans: No Hidden Fees, Valuation is Free
  5. 5.71% Nedbank Private Wealth Secured Loans No Fees 90% LTV
  6. Newcastle Building Society Secured Loans No Fees
  7. 7.21% Annexe Self Contained Granny Flats Secured Loans
  8. 5.57% Fixed Amber Home Secured Loans No Fees Free Valuation
  9. 5.55% Swansea Building Society Secured Loans No Fees 90% LTV
  10. 7.29% Crofted Houses Secured Loans – No Fees, Free Valuation
  11. 7.35% Properties Adjacent Commercial Premises Secured Loans
  12. 7.21% No Broker Fee Secured Loan with Free Valuation and No Fees – 90% LTV
  13. 5.73% Teachers Building Society Secured Loans with No Fees and 85% LTV
  14. 7.38% Under 50 UK Property Secured Loans No Fees Bad Credit
  15. 5.72% Fixed Halifax Secured Loans – No Fees, Free Valuation, 90% LTV
  16. 7.34% Properties Purchased Right To Buy Scheme Secured Loans
  17. 5.62% Foundation Home Loans Secured Loans No Fees Bad Credit 2024
  18. 5.73% Secured Loans from Manchester Building Society – No Fees, 85% LTV
  19. 5.65% Fixed Atom Bank Secured Loans No Fees Free Valuation
  20. 7.46% Properties Held In Trust Secured Loans No Fees 90% LTV
  21. 5.52% Precise Mortgages Secured Loans No Fees Free Valuation
  22. 5.74% Secured Loans with Mansfield BS: No Fees, Free Valuation, and 85% LTV
  23. 5.75% Yorkshire BS Secured Loans: No Fees, Free Valuation, 85% LTV
  24. Leeds BS Secured Loans – Get Free Valuation & No Fees
  25. 7.26% Corrugated Iron Roofs and Iron Secured Loans: Get 85% Financing
  26. 7.29% Property Made Up Of Multiple Titles Secured Loans 85%
  27. 5.75% The Mortgage Lender Secured Loans with No Fees, Even with Bad Credit
  28. 7.29% Ex Council Property Housing Association Secured Loans
  29. 7.24% Spray Foam Insulation Secured Loans
  30. 5.58% First Direct Secured Loans No Fees Free Valuation 85%
  31. 7.44% Loft Conversion Secured Loans No Fees Free Valuation
  32. 7.5% Asbestos Composition Roof Tiles Secured Loans No Fees
  33. 2% Retirement Apartment Secured Loans: No Fees for Bad Credit
  34. 5.72% Fixed Rate on Leeds Building Society Secured Loans – No Fees, 90% LTV
  35. 7.36% High Acceptance Secured Loans No Fees Free Valuation
  36. 7.41% Pilot Training Secured Loans No Fees Free Valuation
  37. 5.83% Legal And General Secured Loans – No Fees, Free Valuation
  38. 7.5% Second Homes Secured Loans No Fees Free Valuation 90%
  39. 5.57% Royal Bank of Scotland Secured Loans No Fees 90% LTV
  40. 5.68% Harpenden Building Society Secured Loans No Fees 90%