- Remove tax free cash from your home
- No regular monthly repayments
- Help your family with the equity you release
- Continue to stay in your house for as long as you like
Equity Release percentages of your current property value
- 60% home reversion schemes VitalityLife Equity Release
- 50% loan to value interest-only lifetime mortgages Key Retirement
What percentage can be released?
The more aged you are and the unhealthier you are the more tax free cash you can release.
Its often found to find individuals seeking out monthly payment lifetime mortgage, monthly payment life time mortgage or monthly payment equity release, however, Lifetime Mortgage from L&G like AA equity release are keen to see paperwork to show your situation in the form of bank statements.
UK Equity Release Scheme Lenders
- Just Retirement
- LV lifetime mortgage
- Sunlife Plans
Drawbacks of Equity Release Schemes
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion schemes may impact entitlements to state benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.
The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
- Aviva Lifetime Mortgages for Pensioners
- More 2 Life Flexi Choice Drawdown Lite Plan
- Bridgewater Lifetime Mortgage
- Hodge Indexed Lifetime Mortgage
- L&G Legal & General Flexible Lifetime Mortgage
- Liverpool Victoria LV Equity Release Plans
- NatWest Equity Release Schemes
- Canada Life Prestige Flexi Option
- L&G Legal & General Premier Flexible Lifetime Mortgage
- More to Life Flexi Choice Voluntary Payment Super Lite
- Stonehaven Equity Release
- Nationwide Interest Only Lifetime Mortgage
- NatWest Interest Only Lifetime Mortgage
- Aviva Lifetime Mortgage
- Bridgewater Equity Release Plans
- Canada Life Lifestyle Gold Flexi
- Just Retirement Drawdown Lifetime Mortgage
- Liverpool Victoria LV Equity Release Schemes
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Pure Retirement Equity Release Schemes
- Stonehaven Lifetime Mortgage
- HSBC Interest Only Lifetime Mortgage
- Age Partnership Equity Release Schemes
- Bridgewater Equity Release
- Age Partnership Equity Release
Areas where equity release is common
- New Alresford
- Halewood
- Didcot
- Masham
- Wells-next-the-Sea
- Carterton
- Scunthorpe
- Rye
- Wallingford
- Bognor Regis
- Egremont
Examples of retired business owners likely to have equity to release
- Trade of gas through mains Barnes
- Retail sale of books in specialised stores West Bromwich
- Aluminium production Whittlesey
- Foreign affairs Nailsworth
- Film processing Brampton
- Hotels and similar accommodation Sedgefield
- Retail sale of fruit and vegetables in specialised stores Redruth
- Retail sale of cosmetic and toilet articles in specialised stores Tiverton
- Manufacture of glues Sittingbourne
- Wholesale of grain, unmanufactured tobacco, seeds and animal feeds Darwen
- Manufacture of engines and turbines, except aircraft, vehicle and cycle engines Spalding
- Cold rolling of narrow strip Belper
- Activities of investment trusts Corbridge
- Other transportation support activities Tring
- manufacture of canvas goods, sacks, etc Featherstone
- Preparation and spinning of textile fibres Mablethorpe and Sutton
- Fund management activities Barnoldswick
- Driving school activities Bicester
- Manufacture of machinery for textile, apparel and leather production Corringham
- Other urban, suburban or metropolitan passenger land transport not underground, metro or similar Poynton-with-Worth
- Manufacture of ready-mixed concrete Helmsley
Crown Lifetime Mortgages
More2Life Lifetime Mortgages
One Family Lifetime Mortgages
