Liverpool Victoria Flexible Equity Release

lv= Liverpool Victoria

  • Release tax-free money from your house
  • You don’t need to make regular monthly payments
  • Buy a family member a home without a mortgage
  • Still, have a mortgage? No problems
  • Continue to stay in your home for as long as you like
  • Could be used to optimise tax planning
  • Your Requirements

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

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Under 65 Home owner
Old money home

Home equity Tied Up

  • L&G Legal & General Flexible Lifetime Mortgage
  • Liverpool Victoria LV Equity Release
  • Pure Retirement Equity Release
  • Lloyds Bank Equity Release
  • More to Life Flexi Choice Drawdown Lite Plan
  • Saga home reversion schemes
  • Pure Retirement Equity Release Schemes
  • Aviva Lifestyle Flexible Option
  • Canada Life Equity Release
  • Nationwide Equity Release
  • NatWest Lifetime Mortgage
  • Stonehaven Interest Only Lifetime Mortgage
  • Nationwide Interest Only Lifetime Mortgage
  • TSB Equity Release Plans

Lloyds Retirement Mortgage Broker

Equity Release LTV Percentages

The more elderly you are and the sicker you are the more money you can release.

die or move into long term care

What percentage can be released?

  • 50% interest-only lifetime mortgages Legal & General
  • 40% loan to value (LTV) monthly payment lifetime mortgage Santander
  • 60% loan to value lifetime mortgage with flexible drawdown cash release Equifinance
  • 45% loan to value interest-only lifetime mortgages West One
  • 30% loan to value (LTV) home reversion schemes Holmesdale Building Society
  • 55% LTV interest-only lifetime mortgages Sunlife Plans
  • 45% loan to value (LTV) lumpsum lifetime mortgages More to Life
  • 25% LTV lumpsum lifetime mortgages Yorkshire Bank
  • 50% LTV lifetime mortgage with flexible drawdown cash release Norton Finance
  • 35% loan to value interest-only lifetime mortgages Foundation Home Loans
  • 25% loan to value interest-only lifetime mortgages Newcastle Building Society

 

Downsides of Home Reversion Schemes

Monthly payment equity release can reduce your estate value. Home reversion plans may impact the ability to claim entitlements. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

is equity release safe

early repayment
equity release work

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, right to buy – properties in England, Wales and Northern Ireland, crofted houses and properties with owned solar panels.

Appealing retirement loan offerings include Lloyds remortgages for people over 50 years old, Barclays Bank retirement mortgages, Halifax remortgages for people over 50 years old, Legal and General pensioner mortgages and Nationwide equity release plans.

Difficult to finance home types include properties with post-1945 asbestos or similar composition roof tiles , properties with spray foam insulation applied to the underside of the roof, studio flats located within the M25, freehold/feuhold flats (Scotland only) and freehold flats (England, Wales, Northern Ireland).

Some of the most common loan to value ratios of Lloyds mortgages for over 60s, Barclays interest only mortgages for over 70s, Halifax retirement interest only mortgages over 60, L&G interest only mortgages for over 60s, Royal Bank of Scotland mortgages for over 60s and Nationwide BS lifetime mortgages for over 60s are 45%, 55% and 70%.

Challenging to mortgage home variants can include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties with a large number/scale of outbuildings, properties without direct access to an adopted highway or which are accessed over an unmade road, 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.

Tough to mortgage home titles include high service charges, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, the property is uninhabitable, cob property and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

How much money can I release?

You can borrow 65% of your home’s value. For example, if your home is worth £290000 you can get £188500.

Just Retirement - Roll-Up Lifetime Mortgage
arrangement fees
equity release advice
authorised and regulated

Successful business owners who could benefit from equity release tax planning

  • Portrait photographic activities Deal
  • Retail sale of telecommunications equipment other than mobile telephones Stapleford
  • Manufacture of cordage, rope, twine and netting Yarm
  • Manufacture of malt Redenhall with Harleston
  • Growing of other non-perennial crops Bacup
  • Manufacture of ovens, furnaces and furnace burners Shifnal
  • Operation of gravel and sand pits; mining of clays and kaolin Leyburn
  • Window cleaning services Shirebrook
  • Wholesale of other food, including fish, crustaceans and molluscs Hessle
  • Landscape service activities Lyme Regis
  • Film processing Mitcham
  • Scheduled passenger air transport Beaconsfield
  • Activities of production holding companies Dewsbury
  • Travel agency activities Walthamstow
  • Disinfecting and exterminating services Fleet
  • Roofing activities Halesowen
  • Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & videotapes and the equipment used for playing them Sutton
  • Manufacture of ceramic sanitary fixtures Shanklin
  • Taxi operation Westbury
  • Raising of dairy cattle Lechlade
  • Information technology consultancy activities Wadebridge

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 Assured shorthold tenancy tenant.

LV= Lump Sum+ Lifetime Mortgage

equity release products

Canada Life Lifetime Mortgages

Crown Lifetime Mortgages

Hodge Lifetime Drawdown Lifetime Mortgages

Pure Retirement

Just Drawdown Lifetime Mortgages

LV Mortgages

Lloyds Retirement Mortgage Interest Rates

home reversion schemes

all rights reserved

cash lump sum

amount you can borrow

Providers for UK Equity Release

  • Age Partnership
  • Liverpool Victoria
  • Legal and General

financial advice

Its often found to encounter individuals searching for home reversion plans, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Lifetime Mortgage from L&G like Zurich are keen to see evidence of your circumstances in the form of bank statements.

financial ombudsman service

Areas of the UK where equity release is common

  • Staveley
  • Windermere
  • Shrewsbury
  • Skegness
  • Redcar
  • Bromborough
  • Sherborne
  • Wath-upon-Dearne
  • Ottery St Mary
  • Billingham
  • Camborne