Lifetime Mortgage Tipton And Coseley Building Society
Not necessary to make monthly payments
Buy a family member a home without a mortgage
Still, have a few more mortgages payments to make? We can help with that
Stay living in your own house
Product not affected by coronavirus
No lenders fee added on
All parts of the UK are acceptable including Northern Ireland
Difficult property types are OK
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
Equity Release percentages of your current property value
The more elderly you are and the sicker you are the more tax free cash you can release.
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.
It’s often found to encounter people searching for interest-only lifetime mortgages, monthly payment life time mortgage or home reversion schemes, however, Sunlife Plans like Maximum cover Equity Release are keen to see proof of your circumstances in the form of investment statements.
Equity Release LTV Percentages
55% lifetime mortgage with flexible drawdown cash release Royal London Equity Release
Lifetime mortgage with flexible drawdown cash release can reduce the value of your estate. Monthly payment equity release may impact entitlements to state benefits. You may need to pay a legal fee and you could have higher rates to pay with some schemes.