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
What percentage can be released?
The older you are and the the more illnesses you have you are the more money you can release.
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.