Pure Retirement Classic Drawdown Lite Lifetime Mortgage


  • Remove tax-free cash from your property
  • No monthly payments
  • Help your family get a deposit for their own home
  • Continue to stay in your property
  • Can be used to optimise tax planning
  • Your Requirements

  • Please enter a number from 9000 to 20000000.
  • About You

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equity release lender
equity release is right for you
industry body
Under 65 Home owner
Under 65 Home owner
lending criteria
financial services

financial advisers
arrangement fees
equity release products
early repayment
Pure Retirement - Classic Super Lite Plan
equity release products

form of equity release

How much is it common to release from a home

  • 50% lumpsum lifetime mortgages AIG Life
  • 25% loan to value monthly payment lifetime mortgage Manchester Building Society

financial advice

is equity release safe

Canada Life

Successful business owners who could benefit from equity release estate planning

  • Retail sale of musical instruments and scores Letchworth Garden City
  • Steam and air conditioning supply Ellesmere
  • Support activities for petroleum and natural gas extraction Cheshunt
  • Other amusement and recreation activities n e c Colne
  • Wholesale of dairy products, eggs and edible oils and fats Tow Law
  • Plumbing, heat and air-conditioning installation Ross-on-Wye
  • Manufacture of batteries and accumulators Acton
  • Wholesale of pharmaceutical goods Thorpe St Andrew
  • Repair and maintenance of aircraft and spacecraft South Brent
  • Remediation activities and other waste management services Calne
  • Retail sale via stalls and markets of other goods Fleet
  • Retail sale of clothing in specialised stores Immingham
  • Support activities for other mining and quarrying Ponteland
  • Electrical installation Desborough
  • Operation of rail freight terminals Leyton
  • Manufacture of plaster products for construction purposes West Bromwich
  • Data processing, hosting and related activities Northfleet
  • Life insurance Rochdale
  • Sale of used cars and light motor vehicles Hatfield
  • Recreational vehicle parks, trailer parks and camping grounds Hetton
  • Processing and preserving of fish, crustaceans and molluscs Orford


interest rates

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Hard to finance home types can include properties where proposed building works have not yet commenced, properties where the ownership is set up on a tenancy in common basis, leasehold properties (England, Wales, Northern Ireland) subject to a lease length of 160 years, properties which are made up of multiple titles and properties where the borrower(s) own the freehold with any connected party.

Many of the most appealing pensioner finance products include Lloyds interest only mortgages for over 70s, Barclays Bank interest only lifetime mortgages, Halifax retirement mortgages, L&G equity release schemes and Nationwide BS later life interest only mortgages over 60.

Hard to mortgage home types include Timber-framed properties constructed post-1965, properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, properties with minimum floor area of 30 square metres, coach houses i.e. freehold properties with garages beneath and freehold flats (England, Wales, Northern Ireland).

Some of the most popular LTV ratios of TSB interest only mortgages for over 65 year olds, Barclays interest only mortgages for people over 70, Halifax interest only lifetime mortgages for over 70s, Legal and General mortgages for pensioners over 60, Bank of Scotland interest only mortgages for over 60s near London and Nationwide BS pensioner mortgages over 60 are 50%, 60% and 70%.

Challenging to mortgage property variants include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties with grounds in excess of five acres, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties with mobile phone masts which are not within influencing distance of the house and properties which have been built on a previously contaminated land are acceptable provided the result of an environmental search determines the land to be clear of contamination.

Challenging to finance home titles can include properties will be assessed for flood risk, properties with any kind of structural defect, damp, dry or wet rot, derelict property or where part of the building is in severe disrepair and needs demolishing, mundic homes and concrete frame.

How much money can I get?

You can get 70% of your home’s value. For example, if your home is worth £340000 you can get £238000.

equity release work

HSBC Equity Release From House

Equity Release percentages of your current property value

The more elderly you are and the more serious your illnesses you are the more money you can release.

The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Private Tenant.

equity release cost

UK Providers for Equity Release

  • Aviva
  • Santander
  • Bower
  • Step Change
  • Maximum cover Equity Release


Pitfalls of Home Reversion Plans

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 legal fee and some products expose you to changes in interest rates.

It is very regular to encounter individuals looking for lumpsum lifetime mortgages, lump sum life time mortgages or home reversion plans, however, Legal and General like Royal London Equity Release are keen to see evidence of your personal circumstances in the form of bank statements.

equity release schemes

home reversion plans

Towns in the UK where retirement mortgages are popular

  • Kettering
  • Heywood
  • Rushden
  • Alcester
  • Camborne
  • Thorpe St Andrew
  • Stourport-on-Severn
  • Upton-upon-Severn
  • Oakengates
  • Chorley
  • Dinnington St Johns
  • Ellesmere
  • Polegate
  • Rugeley
  • Petersfield
  • Eastleigh
  • Surbiton
  • Queenborough-in-Sheppey
  • Tottenham
  • Sandwich

HSBC Equity Release

  • Aviva Lifetime Mortgage
  • Just Retirement Equity Release
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • HSBC Lifetime Mortgage
  • NatWest Equity Release
  • More to Life Capital Choice Plan
  • Aviva Lifestyle Flexible Option
  • Bridgewater Lifetime Mortgage
  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Saga Lifetime Mortgage
  • Aviva Equity Release Plans
  • L&G Legal & General Flexible Lifetime Mortgage
  • Nationwide Equity Release Plans
  • HSBC Interest Only Lifetime Mortgage
  • More to Life Flexi Choice Drawdown Lite Plan
  • Lloyds Bank Equity Release Schemes
  • TSB Lifetime Mortgage
  • NatWest Equity Release Schemes
  • Saga Lifetime Mortgage
  • Age Partnership Equity Release
  • Canada Life Equity Release Plans
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Nationwide Equity Release
  • TSB Lifetime Mortgage


Located in: Paradigm
Address: 3175 Century Way, Leeds LS15 8ZB
Hours: Closed ⋅ Opens 9 AM Mon
Phone: 0113 366 0599