Lloyds Retirement Mortgage – rates from 2.39%

Lloyds Bank

  • Remove money from your property
  • Not necessary to make regular monthly payments
  • Use the money to buy another property
  • Continue to live in your own home
  • Your Requirements

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

  • Please enter a number from 25 to 90.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Lender Awards
Equity Release Council
Raise money with your home
Money tied up in home
Access home equity tied up
Old money home
Homeowner in their 60s
Pure Retirement Equity Release

LV Retirement Mortgages

LV Equity Release

Halifax Equity Release Interest Rates

Downsides of Home Reversion Schemes

Lumpsum lifetime mortgages can reduce the inheritance for your family. Monthly payment life time mortgage may impact ability to claim benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.

  • Bridgewater Equity Release Schemes
  • Canada Life Equity Release Schemes
  • Nationwide Equity Release Plans
  • TSB Equity Release Schemes
  • Just Retirement Equity Release Schemes
  • Age Partnership Equity Release Schemes
  • More2Life Flexi Choice Drawdown Lite Plan
  • Hodge Indexed Lifetime Mortgage
  • Just retirement equity release key features
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Nationwide Interest Only Lifetime Mortgage
  • HSBC Lifetime Mortgage
  • Just retirement equity release key features
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • More to Life Capital Choice Plus Plan
  • Pure Retirement Drawdown Plan
  • Saga home reversion plan
  • Age Partnership Equity Release

 

Halifax Equity Release Drawdown

Equity Release Loan To Value

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

Premier Flexible Black
LV= lifetime mortgage
Pure Retirement - Classic Super Lite
LV= Flexible Lifetime Mortgage
Pure Retirement - Classic Lite
Legal & General - Flexible Blue

It is usual to encounter people searching for home reversion plans, lumpsum lifetime mortgages or home reversion plans, however, Bower like Maximum cover Equity Release are keen to see evidence of your circumstances in the form of investment statements.

Areas where retirement mortgages are popular

  • Halifax
  • Maltby
  • Reading
  • Marlow
  • Ledbury
  • Romsey
  • Oswestry
  • Hendon
  • Chipping Campden
  • Kirkby Stephen
  • Dulverton
  • Southwold
  • Ilfracombe
  • Houghton Regis
  • Brentford
  • Burton Latimer
  • Keswick

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 Assured shorthold tenancy tenant.

Equity Release LTV Percentages

  • 50% lumpsum lifetime mortgages Old Mutual Wealth
  • 25% LTV monthly payment lifetime mortgage Shawbrook
  • 60% loan to value (LTV) lumpsum lifetime mortgages Paragon Personal Finance
  • 55% LTV monthly payment life time mortgage Sunlife Plans
  • 40% loan to value home reversion schemes Pepper
  • 45% loan to value home reversion plans Pepper

 

Examples of retired small business owners likely to have equity to release

  • Other reservation service activities n e c Chatteris
  • Retail sale of mobile telephones Epsom and Ewell
  • Aluminium production Chard
  • Manufacture of industrial gases Ferndown
  • Manufacture of bearings, gears, gearing and driving elements Brightlingsea
  • Activities auxiliary to financial intermediation n e c Alton
  • Other telecommunications activities Kirkby Stephen
  • Activities of call centres Saxmundham
  • Wholesale of wood, construction materials and sanitary equipment Warminster
  • Striking of coins Burntwood
  • Manufacture of other games and toys, n e c Towcester
  • Reproduction of computer media Totton and Eling
  • Life insurance Darwen
  • Renting and leasing of passenger water transport equipment Cleator Moor
  • Wholesale of meat and meat products Yateley
  • Retail sale of textiles in specialised stores Watchet
  • Sports and recreation education Rochester
  • Production of coffee and coffee substitutes Banbury
  • Retail trade of motor vehicle parts and accessories Great Dunmow
  • Repair of electrical equipment Doncaster
  • Wholesale of mining, construction and civil engineering machinery Woburn Sands

 

UK Providers for Equity Release

  • Legal and General
  • Stonehaven Mortgage
  • Key Retirement
  • AA equity release