- Remove tax free money from your house
- No regular monthly payments
- Help a member of your family buy their own home that they couldn’t afford otherwise
- Still, have some mortgage outstanding? No problems
- Continue to stay in your property for as long as you like
- Often used to manage inheritance tax bills
- 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 3.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest-only mortgage at 3.97% regardless of your age please Click Here
Equity Release UK Providers
- Legal and General
- LV lifetime mortgage
- Legal and General
Drawbacks of Equity Release Schemes
Monthly payment lifetime mortgage can reduce your estate value. Monthly payment life time mortgage may impact ability to get state benefits. You may need to pay a valuation fee and you could be exposed to changes in interest rates with some products.
Equity Release percentages of your current property value
- 55% lump sum lifetime mortgages VitalityLife Equity Release
- 45% LTV home reversion schemes Step Change
- 25% loan to value monthly payment lifetime mortgage Shawbrook
- 40% loan to value home reversion plans Prudential Lifetime
- More 2 Life Capital Choice Plan
- Bridgewater Equity Release Plans
- Pure Retirement Equity Release
- NatWest Lifetime Mortgage
- Age Partnership Equity Release Schemes
- More to Life Capital Choice Plan
- Pure Retirement Drawdown Plan
- Nationwide Equity Release Schemes
- NatWest Interest Only Lifetime Mortgage
- Saga Lifetime Mortgage
- Bridgewater Equity Release Plans
- Canada Life Lifetime Mortgage
- Liverpool Victoria LV Equity Release
- Nationwide Equity Release
- HSBC Equity Release Schemes
- TSB Lifetime Interest Only Mortgage
Pensioner Mortgage Under Power Of Attorney
Equity Release Loan To Value
The more aged you are and the the more illnesses you have you are the more cash you can release.
Areas of the UK where Lifetime Mortgages are common
- Winsford
- Billingham
- Chatteris
- Henley-on-Thames
- St Just-in-Penwith
- Redruth
- Polegate
- Midsomer Norton
- Hemel Hempstead
- Cullompton
- Shirebrook
- Whitchurch
- Staveley
- Scarborough
- Okehampton
- Haslemere
Pure Retirement Drawdown Lifetime Mortgages
Interest Only Lifetime Mortgages Under Power Of Attorney
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.
It is very regular to encounter people searching for interest-only lifetime mortgages, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Age Concern like The Exeter Equity Release are keen to see proof of your personal situation in the form of pension statements.
- Pensioner Mortgage Hanley Economic Building Society for 2023
- Bad Credit Mortgages External Walls Built Entirely Of Single Skin Brickwork UK
- Refinance M&S Bank for 2023
- Retirement Mortgage Age 42 UK
- Properties Adjacent To Commercial Premises
- Home Equity Loan More To Life in 2023
- Equity Loan Nedbank Private Wealth in 2023
- Remortgage Bad Credit Clay Lump Construction House for 2023
- Pensioner Mortgage Retirement Advantage in 2023
- Interest Only Mortgage No Credit Check for 2023
- Interest Only Mortgage Crofted Houses UK
- Interest Only Mortgage Wolverhampton for 2023
- Remortgage Roll Up UK
- Equity Loan Pre-Fabricated Properties for 2023
- Home Equity Loan Under 40 UK
- Refinance Kensington Mortgage Company UK
- Retirement Mortgage Cynergy Bank UK
- Retirement Mortgage Age 52 UK
- Pensioner Mortgage Ulster Bank for 2023
- Equity Loan Molo Finance for 2023
- Pitched Roofs Of Asbestoscement Tiles
- Interest Only Lifetime Mortgages Under 50 for 2023
- Refinance More Than Two Borrowers for 2023
- Bad Credit Mortgages Precast Reinforced Concrete Prc Properties UK
- Refinance Flats Within A Block Of 4-5 Storeys Or More No Lift for 2023
- Interest Only Lifetime Mortgages Property Is Grade Ii Listed 2 UK
- RIO Wimpey No Fines Construction in 2023
- Remortgage Sunderland for 2023
- Bad Credit Mortgages Saga for 2023
- Interest Only Lifetime Mortgages Secure Trust Bank in 2023
- Interest Only Lifetime Mortgages Yorkshire Bank for 2023
- Retirement Mortgage Spary Foam for 2023
- Pensioner Mortgage Zephyr Mortgages UK
- Remortgage Bad Credit Tipton And Coseley Building Society in 2023
- For 50 Year Olds
- Equity Loan Age 54 UK
- RIO Spray Foam Insulation for 2023
- Equity Loan Converted Flats Or Maisonettes UK
- Refinance Asbestos Sheet for 2023
- Pensioner Mortgage Capital Home Loans UK
- Home Equity Loan Bank Of Ireland Mortgages in 2023
- Equity Loan Sell House for 2023
- RIO Vernon UK
- RIO Refinance in 2023
- Bad Credit Mortgages Monmouthshire Building Society in 2023
- Refinance Age 49 UK
- Refinance Age 48 UK
- RIO Britannia Co-Operative Bank UK
- Interest Only Mortgage Danske Bank UK
- RIO Properties With An Agricultural Tie UK
- Remortgage Isle Of Wight And Anglesey for 2023
- RIO Which in 2023
- Retirement Mortgage Newcastle Building Society in 2023
- Remortgage Intelligent Finance in 2023
- Refinance Teachers Building Society in 2023
- Stafford Railway
- Age 43
- Interest Only Lifetime Mortgages Lendinvest UK
- Pensioner Mortgage Age 41 for 2023
- Pensioner Mortgage In-Situ Cast Concrete Properties for 2023
- Home Equity Loan Declined for 2023
- Remortgage Earl Shilton Building Society UK
- Remortgage Freehold Held By Local Authority for 2023
- Home Equity Loan Metro Bank in 2023
- Refinance Ex-Local Authority Steel Frame Properties for 2023
- Interest Only Lifetime Mortgages Hsbc in 2023
- Liquid milk and cream production North Walsham
- Life insurance Corby
- Hunting, trapping and related service activities Petersfield
- Other research and experimental development on natural sciences and engineering Richmond
- Mining of other non-ferrous metal ores Andover
- Manufacture of non-domestic cooling and ventilation equipment Walthamstow
- Manufacture of ceramic sanitary fixtures Hoddesdon
- Activities of sport clubs Mere
- Activities of professional membership organizations Fleetwood
- Freight transport by road Bottesford
- Growing of vegetables and melons, roots and tubers Steyning
- Manufacture of tools Ashburton
- Casting of steel Bolsover
- Deep coal mines Tenbury Wells
- Extraction of peat East Ham
- Non-life insurance Harworth and Bircotes
- Manufacture of machinery for paper and paperboard production Brierley
- Film processing Keswick
- Casting of iron Dulverton
- Inland freight water transport Tadley
- Manufacture of other articles of paper and paperboard n e c East Grinstead
- Pre-primary education Corsham
- Window cleaning services Clevedon
- Manufacture of fruit and vegetable juice Southwell
- Development of building projects Stanley
- Repair of footwear and leather goods St Blaise
Difficult to mortgage home variants include homes requiring essential repairs, properties where multiple third parties are living in an annexe, freehold houses and bungalows (England, Wales, Northern Ireland), commonhold properties and properties where the borrower(s) own the freehold with any connected party .
Some of the most common pensioner finance products are Lloyds Bank mortgages for 60 plus, HSBC lifetime mortgages, NatWest mortgages for people over 50, Legal and General mortgages over 70s and Nationwide Building Society lifetime mortgages.
Difficult to mortgage home types can include Timber-framed properties constructed post 1965, timber framed properties built between 1920 and 1965, properties constructed or converted within the past 10 years, privately developed flats in blocks of two storeys without a lift and privately developed flats in blocks of three or four storeys without a lift.
Some of the most common LTV percentages of Lloyds Bank mortgages for pensioners over 60, HSBC interest only mortgages for over 70s, Halifax interest only mortgages for people over 60, Legal & General interest only mortgages for over 60s, Bank of Scotland mortgages for over 50 year olds and Nationwide Building Society help to buy for over 60s are 50%, 60% and 70%.
Tough to mortgage property titles include flats of less than 30 square metres in any location, properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties that are being used for personal commercial use and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.
Challenging to finance home variants can include properties with legal agreements such as Overage, Clawback, Option, Pre-emption, or any onerous Restrictive Covenant, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, some properties with sitting tenants or regulated tenancies, cob property and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.
How much cash can I release?
You can achieve 70% of your home’s valuation. For example, if your house is worth £320,000 you can get £192,000.