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 more elderly you are and the sicker you are the more money you can release.
Lifetime mortgage with flexible drawdown cash release can reduce the value of your estate. Monthly payment lifetime mortgage may impact ability to claim entitlements. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.
It is often found to find individuals seeking out interest-only lifetime mortgages, lump sum life time mortgages or home reversion plans, however, More2Life like AIG Life are keen to see evidence of your personal circumstances in the form of investment statements.
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier.