- Use the money to pay off debts
- Are you still paying a mortgage? No problems
- Continue to live in your own property
- Often used to help tax planning
- Mortgage lender not affected by covid19-corona virus crisis
- All non-standard construction properties considered
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
Pensioner Mortgage Under 40
The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the resident is an Owner Occupier.
Small business owners detail likely with equity to release
- Renting and leasing of media entertainment equipment West Bromwich
- Investigation activities Medlar-with-Wesham
- Motion picture, television and other theatrical casting activities Chard
- Manufacture of other organic basic chemicals Newton-le-Willows
- Growing of rice Selsey
- Activities of distribution holding companies Cromer
- Retail sale of antiques including antique books in stores South Elmsall
- Landscape service activities Northwich
- Publishing of consumer and business journals and periodicals Hessle
- Trade of electricity Barrow-in-Furness
- Operation of rail freight terminals Seaton
- Distribution of electricity Blackwater and Hawley
- Casting of steel Edgware
- Retail sale of meat and meat products in specialised stores Kirkbymoorside
- Marine aquaculture Redcar
- Disinfecting and exterminating services Frodsham
- Retail sale of tobacco products in specialised stores Stapleford
- Performing arts Enfield
- Urban planning and landscape architectural activities Rothwell
- Manufacture of sports goods Watchet
- Manufacture of other articles of paper and paperboard n e c Farnham
- Support activities to performing arts Kirton-in-Lindsey
- Sale of new cars and light motor vehicles Worksop
- Other food services Pontefract
- Wholesale of sugar and chocolate and sugar confectionery Maldon
- Regulation of and contribution to more efficient operation of businesses Fakenham
- Security and commodity contracts dealing activities Newmarket
- Other building completion and finishing Finchley
Equity Release LTV Percentages
- 60% lump sum lifetime mortgages AIG Life
- 35% loan to value lifetime mortgage with flexible drawdown cash release Prudential Lifetime
- 35% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Prudential
- 25% loan to value home reversion schemes Spring Finance
- 40% loan to value lumpsum lifetime mortgages Optimum Credit
Equity Release Loan To Value
The older you are and the unhealthier you are the more tax free cash you can release.
Equity Release Scheme Lenders
- Bower
- New Life
- Just Retirement
- Zurich
It is usual to encounter people seeking out lump sum lifetime mortgages, monthly payment lifetime mortgage or monthly payment equity release, however, Legal and General like Maximum cover Equity Release are keen to see proof of your personal situation in the form of bank statements.
Pitfalls of Home Reversion Plans
Monthly payment lifetime mortgage can reduce the inheritance for your family. Home reversion plans may impact ability to claim benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.
Towns in the UK where retirement mortgages are routine
- Ponteland
- Crosby
- Warwick
- Snaith and Cowick
- Somerton
- Heathfield
- Bishops Waltham
- Bradford-on-Avon
- Thirsk
- Glastonbury
- Hedge End
- Darley Dale
- Aylsham
- Loftus
- Aviva Equity Release
- More 2 Life Flexi Choice Drawdown Lite Plan
- Bridgewater Equity Release
- Hodge Lifetime Mortgage Plus
- L&G Legal & General Flexible Max Scheme
- Lloyds Bank Equity Release Plans
- Royal Bank of Scotland Lifetime Mortgage
- Age Partnership Equity Release Plans
- More2Life Flexi Choice Voluntary Payment Super Lite
- L&G Legal & General Premier Flexible Lifetime Mortgage
- Nationwide Equity Release Schemes
- NatWest Lifetime Mortgage
- Just retirement equity release key features
- L&G Legal & General Flexible Max Scheme
- More 2 Life Capital Choice Plan
- HSBC Equity Release
- Lloyds Bank Lifetime Mortgage
- Royal Bank of Scotland Equity Release Plans
- Saga Lifetime Mortgage
- Aviva Lifetime Mortgages
- Canada Life Lifetime Mortgage
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- Liverpool Victoria LV Equity Release Schemes
Aviva Drawdown Lifetime Mortgages
Pure Retirement Retirement Mortgages
- Interest Only Mortgage Rooftop Mortgages in 2021
- Refinance Molo Finance UK
- Remortgage Bad Credit Precast Reinforced Concrete Prc Properties for 2021
- Interest Only Lifetime Mortgages Masthaven Bank for 2021
- Refinance Mod Or Housing Association Houses And Bungalows for 2021
- Equity Loan Laing Easiform Homes in 2021
- Pensioner Mortgage Kent Reliance UK
- RIO Properties More Than Five Acres Of Land for 2021
- RIO Under 50 UK
- Property With Historic Restrictive Ties
- Pensioner Mortgage Investec Bank UK
- Interest Only Lifetime Mortgages Stonehaven UK
- Remortgage Asbestos Composition Roof Tiles in 2021
- Properties Held By Companies
- Retirement Mortgage Age 51 for 2021
- Pensioner Mortgage State Bank Of India Uk UK
- Pensioner Mortgage Scottish Isles Property in 2021
- RIO Santander Uk for 2021
- Remortgage Bad Credit In House Under 55 for 2021
- Retirement Mortgage Together Personal Finance for 2021
- Refinance Housing Association Or Social Housing UK
- Equity Loan Bank Of Ireland UK
- Remortgage Declined UK
- Refinance South Yorkshire Sheffield UK
- Interest Only Lifetime Mortgages Topaz Finance for 2021
- Refinance Typical Interest Rates for 2021
- Remortgage Bower for 2021
- Pensioner Mortgage Age 50 in 2021
- Properties Adjacent To Commercial Premises
- Pensioner Mortgage Age 42 for 2021
- Pensioner Mortgage In-Situ Cast Concrete Properties for 2021
- Remortgage Hampden And Co for 2021
- Remortgage Bad Credit First Direct UK
- RIO No Advisor Fee UK
- Pensioner Mortgage Swansea Building Society for 2021
- Refinance Melton Mowbray UK
- Refinance More Than Two Borrowers for 2021
- Equity Loan Mansfield Bs for 2021
- Remortgage St James Place Bank for 2021
- Remortgage Ulster Bank in 2021
- Bad Credit Mortgages Skipton Building Society in 2021
- Pensioner Mortgage Godiva Mortgages Ltd UK
- Home Equity Loan Properties Above Commercial Premises UK
- Home Equity Loan Onesavings Bank for 2021
- Home Equity Loan Cob Construction House for 2021
- Equity Loan Isle Of Wight And Anglesey UK
- Refinance Halifax Retirement Home Plan in 2021
- RIO West Yorkshire Leeds Bradford in 2021
- Equity Loan Age 48 UK
- Pensioner Mortgage Jpmorgan Chase Bank UK
- RIO Family Building Society in 2021
- RIO Scotland in 2021
- Pensioner Mortgage Coventry Building Society in 2021
- Pensioner Mortgage Scottish Building Society UK
- Interest Only Lifetime Mortgages No Early Repayment Charges for 2021
- RIO No Broker Fee in 2021
- Bad Credit Mortgages Royal Bank Of Scotland in 2021
- Retirement Mortgage One Family UK
- Retirement Mortgage Ex Council Properties Ex-Housing Association in 2021
- Equity Loan Wimpey No Fines Construction for 2021
- Asbestos Sheet
- Retirement Mortgage Bad Credit UK
- Refinance Magellan Homeloans UK
- Cambridge Building Society
- Equity Loan Leeds Building Society UK
- Refinance Dudley Building Society UK
- Home Equity Loan Property Is Grade 1 Listed in 2021
- RIO Retirement Apartment in 2021
- Refinance Vida Homeloans UK