The lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Private Tenant.
Towns where equity release is popular
Thorpe St Andrew
St Columb Major
Disadvantages of Lifetime Mortgages
Monthly payment life time mortgage can reduce the value of your estate. Home reversion schemes may impact entitlements to state benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.
Interest Only Lifetime Mortgages Which
UK Equity Release Scheme Providers
Lifetime Mortgage from L&G
It’s common to encounter people seeking out monthly payment equity release, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Lifetime Mortgage from L&G like AIG Life are keen to see proof of your circumstances in the form of investment statements.
Equity Release Loan To Value
55% home reversion plans Royal London Equity Release
45% loan to value (LTV) interest-only lifetime mortgages Pepper