- Release tax-free cash from your house
- No monthly payments
- Help your family to buy house
- Continue to stay in your property
- Often used to help tax planning
Equity Release Loan To Value
The more elderly you are and the the more illnesses you have you are the more money you can release.
Equity Release LTV
- 60% interest-only lifetime mortgages Fortify Insurance Solutions
- 55% loan to value monthly payment lifetime mortgage Key Solutions
- 25% loan to value lump sum lifetime mortgages Prestige Finance
- 55% loan to value home reversion plans Equifinance
- 25% loan to value monthly payment life time mortgage Barclays
- 25% loan to value lifetime mortgage with flexible drawdown cash release Yorkshire Building Society
Hodge Lifetime Equity Release
LV Mortgages
- Aviva Equity Release Schemes
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- More to Life Tailored Choice Plan
- Bridgewater Equity Release Plans
- More2Life Capital Choice Plan
- Just Retirement Equity Release
- Pure Retirement Equity Release Schemes
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Royal Bank of Scotland Equity Release
- Aviva Equity Release Schemes
- Hodge Lifetime Mortgage Flexible Drawdown Plan
- Stonehaven Interest Select Plan
- Lloyds Bank Equity Release
- Saga Equity Release Schemes
- Bridgewater Lifetime Mortgage
- Canada Life Voluntary Select Gold
- L&G Legal & General Flexible Max Plus
- Nationwide Equity Release Plans
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.
It’s very regular to find people looking for interest-only lifetime mortgages, monthly payment life time mortgage or home reversion plans, however, Age Concern like AA equity release are keen to see paperwork to show your personal circumstances in the form of investment statements.
Equity Release Scheme Providers
- Just Retirement
- Norwich Union
- Age Partnership
- Aegon
Disadvantages of Home Reversion Plans
Monthly payment life time mortgage can reduce the inheritance for your family. Monthly payment lifetime mortgage may impact entitlements to benefits. You may need to pay a valuation fee and you could be exposed to changes in interest rates with some products.
Equity release is common among business owners like below
- Other social work activities without accommodation n e c Wigan
- Activities of construction holding companies Wellington
- Manufacture of macaroni, noodles, couscous and similar farinaceous products Crowle
- Manufacture of non-electronic industrial process control equipment Haverhill
- Buying and selling of own real estate Radstock
- Growing of fibre crops Medlar-with-Wesham
- Extraction of peat Southam
- Manufacture of ceramic insulators and insulating fittings Weston-super-Mare
- Floor and wall covering Ponteland
- Manufacture of bricks, tiles and construction products, in baked clay Chorleywood
- Photocopying, document preparation and other specialised office support activities Leatherhead
- Growing of rice Withernsea
- Other engineering activities Kington
- Retail sale of audio and video equipment in specialised stores Darley Dale
- Shaping and processing of flat glass Coulsdon
- Extraction of natural gas Redruth
- Wired telecommunications activities Hounslow
- Physical well-being activities Rochester
- Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & video tapes and the equipment used for playing them Leigh-on-Sea
- Activities of investment trusts Shepshed
- Business and domestic software development Kirkbymoorside
Areas of the UK where equity release is common
- Andover
- Leek
- Spilsby
- Braintree
- Barnstaple
- Newbiggin-by-the-Sea
- Moreton-in-Marsh
- Framlingham
- Cromer
- Colyton
- Midsomer Norton
- Sutton Coldfield
- Brentford
- Chatteris
- Ashby-de-la-Zouch
- Marazion
- Kendal
- Reigate
- Hatfield
- Alston
Phone: 03454 500 151
Email: info@more2life.co.uk
Website: https://www.more2life.co.uk/
