Stay living in your own property for as long as you like
Can be used to manage inheritance tax bills
Mortgage lender not impacted by coronavirus-covid 19
All parts of the UK are acceptable
Prefabricated property titles 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
Royal Bank of Scotland Interest Only Lifetime Mortgage
Bridgewater Equity Release
L&G Legal & General Flexi Max Voluntary Repayment Plan
Lloyds Bank Equity Release Schemes
More 2 Life Flexi Choice Drawdown Lite Plan
L&G Legal & General Flexible Max Plus
Liverpool Victoria LV Equity Release Plans
Royal Bank of Scotland Equity Release
Just Retirement Interest Only Lifetime Mortgage
Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold house and if the resident is an Owner Occupier.
It is very regular to encounter individuals looking for monthly payment lifetime mortgage, lumpsum lifetime mortgages or home reversion schemes, however, Aviva like AA equity release are keen to see paperwork to show your circumstances in the form of bank statements.
Areas where retirement mortgages are common
Greater Willington
Staveley
Tipton
Ludlow
Smethwick
Beaconsfield
Halesworth
Westerham
Barnes
Cowes
Princes Risborough
Elland
Melksham
Wallasey
Cirencester
Lostwithiel
Southsea
What percentage can be released?
The older you are and the the more illnesses you have you are the more money you can release.
25% loan to value home reversion schemes Monmouthshire
50% loan to value monthly payment equity release Precise
35% loan to value lump sum lifetime mortgages United Trust Bank
30% loan to value (LTV) lumpsum lifetime mortgages Paragon NonPortfolio
Wealthy business owners who could benefit from equity release tax planning
Growing of vegetables and melons, roots and tubers East Grinstead
Manufacture of railway locomotives and rolling stock Topsham
Manufacture of electrical and electronic equipment for motor vehicles and their engines Hessle
Manufacture of condiments and seasonings Biggleswade
Manufacture of plastics and rubber machinery Barnsley
Manufacture of sugar Kesgrave
Wholesale of wine, beer, spirits and other alcoholic beverages Horncastle
Other information technology service activities Hunstanton
Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & video tapes and the equipment used for playing them Cinderford
Extraction of crude petroleum Diss
Environmental consulting activities Ross-on-Wye
Other retail sale not in stores, stalls or markets Hadleigh
Retail sale via stalls and markets of other goods Totton and Eling
Activities of agricultural holding companies Watford
Letting and operating of conference and exhibition centres Cannock
Manufacture of electronic industrial process control equipment Halesworth
Manufacture of other chemical products n e c Hailsham
Manufacture of other plastic products Millom
Manufacture of other builders’ carpentry and joinery Hedon
Other manufacturing n e c Buntingford
Wholesale of textiles Bridgnorth
Mining of chemical and fertilizer minerals Fowey
Inland freight water transport Hedge End
Cargo handling for air transport activities Bedworth
Home reversion plans can reduce the inheritance for your family. Monthly payment life time mortgage may impact entitlements to state benefits. You may need to pay a valuation fee and you could have higher rates to pay with some schemes.
