Lifetime Mortgage Swansea Building Society

Retirement Mortgage Swansea Building Society
  • Remove money from your home
  • You don’t need to make regular monthly payments
  • Help your family with the cash you release
  • Continue to stay in your home
  • Can be used to optimise tax planning
  • All UK Postcodes are acceptable
  • Flat roof properties 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

lifetime mortgage
pensioner mortgages interest only
  • Free No Obligation Quote

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

lifetime mortgage interest only
pensioner mortgages interest only

Areas in the UK where retirement mortgages are routine

  • Gainsborough
  • Ringwood
  • Soham
  • Kington
  • Bampton
  • Sprowston
  • Newbury
  • Wilton
  • Bedford
  • Lechlade
  • Swanley
  • Chulmleigh
  • Ilkley
  • Henley-on-Thames
  • Grassington
  • Partington
  • Castle Cary
  • Stainforth
  • Jarrow
  • Aviva Lifetime Mortgages
  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Canada Life Second Home Voluntary Select Plan
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Aviva Lifetime Mortgages for Pensioners
  • Bridgewater Lifetime Mortgage
  • More2Life Capital Choice Plus Plan
  • Just Retirement Drawdown Lifetime Mortgage
  • TSB Equity Release Plans
  • Royal Bank of Scotland Lifetime Mortgage
  • Bridgewater Equity Release Plans
  • Just retirement equity release key features
  • Pure Retirement Equity Release
  • Stonehaven Interest Select Plan
  • Bridgewater Equity Release Schemes
  • Canada Life Lifetime Mortgages
  • Liverpool Victoria LV Equity Release Plans
  • Stonehaven Lifetime Mortgage
  • Nationwide Equity Release Plans

Equity Release Scheme Lenders

  • Bower
  • New Life
  • Key Solutions

Pitfalls of Lifetime Mortgages

Monthly payment equity release can reduce your estate value. Home reversion plans may impact ability to claim entitlements. You may need to pay a valuation fee and some products expose you to changes in interest rates.

Equity Release Loan To Value

The more elderly you are and the sicker you are the more tax free cash you can release.

Equity Release Loan To Value

  • 55% interest-only lifetime mortgages Old Mutual Wealth
  • 40% loan to value (LTV) interest-only lifetime mortgages LV lifetime mortgage
  • 45% loan to value lifetime mortgage with flexible drawdown cash release 1st Stop Home Loans
  • 30% LTV lump sum lifetime mortgages Secure Trust Bank
  • 45% loan to value lumpsum lifetime mortgages Blemain
RIO Rooftop Mortgages in 2024

Do Swansea Building Society do mortgages up to 85?

Yes, Swansea Building Society does mortgages up to 85 at 2.09% MER. Swansea Building Society mortgages up to 85 have a loan to value (ltv) of 70%.

Do Swansea Building Society offer later life lending to Under 55?

Yes, Swansea Building Society later life lending Under 55 is 2.2% MER.

Do Swansea Building Society offer mortgages over 70?

Yes, Swansea Building Society mortgages over 70 are 2.14% APR.

Do Swansea Building Society offer mortgages over 75?

Yes, Swansea Building Society mortgages over 75 are 2.24% MER.

Does Swansea Building Society offer later life lending?

Yes, Swansea Building Society later life lending is 1.94% MER.

What are Swansea Building Society rates for retirement mortgages?

Swansea Building Society interest rates for retirement mortgages are 2.18% APR.

Do Swansea Building Society have good reviews for pensioner mortgages?

Yes, Swansea Building Society reviews are splendid for pensioner mortgages.

Does the Swansea Building Society rio mortgage calculator show the LTV?

Yes, the Swansea Building Society RIO mortgage calculator shows a good LTV of 70%.

Does a Swansea Building Society retirement interest only mortgage advisor charge a large fee?

No, Swansea Building Society retirement interest only mortgage advisors are free.

Do Swansea Building Society offer mortgages over 60?

Yes, Swansea Building Society mortgages over 60 are 2.26% APRC.

Do Swansea Building Society offer mortgages over 55?

Yes, Swansea Building Society mortgages over 55 are 2.19% APRC.

Equity Loan Landbay UK
Pure Retirement - Classic Super Lite Plan
Legal & General Home Finance lifetime mortgage

Pensioner Mortgage Swansea Building Society

LV= Lump Sum+ Lifetime Mortgage
Hodge Lifetime lifetime mortgage
LV= Flexible Lifetime Mortgage
Canada LIfe - Interest Select Gold Flexi
Pure Retirement - Classic Lite
OneFamily joint lifetime mortgage

Interest Only Lifetime Mortgages Swansea Building Society

More2Life - Capital Choice Plus Plan
OneFamily lifetime mortgage

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.

Canada Life Mortgages

Legal and General Mortgages

One Family Drawdown Lifetime Mortgages

Legal and General Lifetime Mortgages

More2Life Drawdown Lifetime Mortgages

Just Equity Release

It’s very regular to find people seeking out lifetime mortgage with flexible drawdown cash release, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Age Concern like AA equity release are keen to see paperwork to show your personal circumstances in the form of investment statements.

Equity release is common among business owners like below

  • Manufacture of other electronic and electric wires and cables Hatfield
  • Undifferentiated goods-producing activities of private households for own use Oswestry
  • Performing arts Kirkby-in-Ashfield
  • Unlicensed carrier Ponteland
  • Manufacture of explosives Dursley
  • Television programme production activities Macclesfield
  • Manufacture of other games and toys, n e c Mablethorpe and Sutton
  • Child day-care activities Burnley
  • Licensed clubs Falmouth
  • Mining of other non-ferrous metal ores Braunstone Town
  • Logging Harwich
  • Renting and leasing of other personal and household goods Loughborough
  • Seed processing for propagation Altrincham
  • Manufacture of tubes, pipes, hollow profiles and related fittings, of steel Stonehouse
  • Operation of historical sites and buildings and similar visitor attractions Wallsend
  • Repair of other equipment Mitcham
  • Manufacture of cement Kingston-upon-Thames
  • Retail sale of newspapers and stationery in specialised stores Radstock
  • Environmental consulting activities Easingwold
  • Manufacture of other chemical products n e c Harworth and Bircotes
  • Veterinary activities Rochester
  • Manufacture of cordage, rope, twine and netting Gillingham

Difficult to finance home variants include properties in poor condition, age restricted properties, freehold houses and bungalows (England, Wales, Northern Ireland), properties where the customer is offering only part of the title as security for the loan and properties owned under any form of shared equity scheme.

Appealing pensioner finance products are Lloyds interest only mortgages for people over 70, HSBC interest only lifetime mortgages, NatWest over 60 lifetime mortgages, L&G retirement mortgages and Nationwide equity release schemes.

Hard to finance property types include eco houses and modern methods of construction, properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, steel frame/clad properties built before 1990, studio flats outside the M25 and basement or lower ground floor flats without level access to private or communal garden space.

Some of the most common loan to values of Lloyds Bank over 60 mortgages, HSBC mortgages for pensioners over 60, NatWest interest only mortgages for over 60s near London, Legal and General mortgages for 60 plus pensioners, Bank of Scotland pensioner mortgages over 70s and Nationwide mortgages for people 60 plus are 45%, 60% and 70%.

Tough to finance property titles include properties built or converted into dwellings more than 10 years ago, properties with flying or creeping freehold which comprises 15% or less of the total floor area, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that have solar farms or a large number of wind turbines on the land 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.

Tough to finance property variants include rentcharges properties with a high estate rentcharge, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, properties where there are boundary disputes or where planning applications have not been applied for correctly, asbestos construction and missing planning permission or building regulations approval.

How much can I release?

You can borrow 65% of your property’s valuation. For example, if your home is worth £340,000 you can release £238,000.