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 lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an AST Tenant.
Monthly payment equity release can reduce the inheritance for your family. Monthly payment equity release may impact ability to claim entitlements. You may need to pay a legal fee and you could have higher rates to pay with some schemes.
It is often found to encounter individuals searching for lump sum lifetime mortgages, lumpsum lifetime mortgages or home reversion plans, however, Age Concern like Royal London Equity Release are keen to see paperwork to show your circumstances in the form of bank statements.
The more aged you are and the sicker you are the more tax free money you can release.