The more aged you are and the sicker you are the more cash you can release.
The lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.
Aviva Equity Release
Legal and General Lifetime Mortgages
Pure Retirement Mortgages
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Monthly payment life time mortgage may impact entitlements to benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.