- Remove money from your home
- No monthly repayments
- Help a family member buy their own home with a modest mortgage
- Continue to live in your own home for as long as you like
- Could be used to help tax planning
Retired small business owners that may be interested in Home Reversion Schemes
- Other human health activities Sutton Coldfield
- Activities of property unit trusts Southport
- Other accommodation Buckingham
- Forging, pressing, stamping and roll-forming of metal; powder metallurgy Congleton
- Unlicensed restaurants and cafes Whaley Bridge
- Support services to forestry Ilminster
- Manufacture of sugar Darlington
- Renting and leasing of cars and light motor vehicles Bradford-on-Avon
- Trade of gas through mains Cleckheaton
- Manufacture of other ceramic products n e c Spennymoor
- Wholesale of computers, computer peripheral equipment and software Market Drayton
- Manufacture of household and sanitary goods and of toilet requisites Henley-on-Thames
- Mining of lignite Watchet
- manufacture of household textiles Kings Lynn
- Processing of nuclear fuel Falmouth
- Support activities for petroleum and natural gas extraction Willenhall
- Recovery of sorted materials Ashton-under-Lyne
- Archives activities Wirksworth
- Research and experimental development on social sciences and humanities Stamford
- Manufacture of bearings, gears, gearing and driving elements Knaresborough
- Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate Boroughbridge
- Aviva Lifestyle Flexible Option
- More 2 Life Capital Choice Plus Plan
- Stonehaven Lifetime Mortgage
- TSB Lifetime Mortgage
- Aviva Equity Release Schemes
- More2Life Flexi Choice Drawdown Lite Plan
- Just Retirement Drawdown Lifetime Mortgage
- L&G Legal & General Flexible Max Scheme
- More to Life Capital Choice Plan
- More2Life Tailored Choice Plan
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Nationwide Equity Release Plans
- Lloyds Bank Equity Release Plans
- TSB Equity Release
- Aviva Equity Release
- Stonehaven Interest Only Lifetime Mortgage
- NatWest Equity Release Plans
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Age Partnership Equity Release Plans
Areas where equity release is common
- Ashton-under-Lyne
- Rochdale
- Romsey
- Leatherhead
- Evesham
- Oswestry
- Wigton
- Coleshill
- Eastwood
- Leek
- Fordwich
- Hastings
- Prescot
- Ryde
- Haltwhistle
Its very regular to find individuals looking for lifetime mortgage with flexible drawdown cash release, monthly payment lifetime mortgage or home reversion plans, however, Just Retirement like AA equity release are keen to see evidence of your situation in the form of investment statements.
Equity Release Providers
- the Telegraph
- Prudential
- More2Life
The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.
Hodge Lifetime Lifetime Mortgages
Legal and General Lifetime Mortgages
Just
Pitfalls of Home Reversion Schemes
Lifetime mortgage with flexible drawdown cash release can reduce the value of your estate. Home reversion plans may impact ability to claim entitlements. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
Equity Release LTV Percentages
- 55% home reversion plans Maximum cover Equity Release
- 55% loan to value interest-only lifetime mortgages Aviva
- 60% loan to value (LTV) monthly payment lifetime mortgage Equifinance
- 60% LTV lumpsum lifetime mortgages Just Retirement
- 50% loan to value interest-only lifetime mortgages Together Money
- 35% LTV interest-only lifetime mortgages Shawbrook
- 30% loan to value lump sum lifetime mortgages Family Building Society
- 35% LTV interest-only lifetime mortgages Pepper
- 25% loan to value lump sum lifetime mortgages Holmesdale Building Society
What percentage can be released?
The older you are and the the more illnesses you have you are the more cash you can release.
