- Release-tax free equity from your house
- You don’t need to make monthly payments
- Use the money to help your family
- Continue to live in your own home
Crown Retirement Mortgages
More2Life
One Family Drawdown Lifetime Mortgages
Towns of the UK where equity release is routine
- Burgess Hill
- Thorne
- Wembley
- Horwich
- Dalton Town with Newton
- Holt
- Maghull
- Stamford
- Rowley Regis
- New Milton
- Harworth and Bircotes
- Blackburn
- Brigg
- Blackburn
- Hedge End
It’s often found to encounter individuals seeking out monthly payment lifetime mortgage, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, Just Retirement like AIG Life are keen to see proof of your personal situation in the form of investment statements.
- Age Partnership Equity Release Schemes
- Canada Life Interest Select Gold Flexi
- Just Retirement Interest Only Lifetime Mortgage
- Pure Retirement Equity Release Plans
- HSBC Equity Release Plans
- Lloyds Bank Equity Release Schemes
- NatWest Equity Release Schemes
- Saga Equity Release Schemes
- Aviva Equity Release Schemes
- Liverpool Victoria LV= Flexible Lifetime Mortgage
- Canada Life Lifetime Mortgage
- L&G Legal & General Premier Flexible Lifetime Mortgage
- Pure Retirement Classic Voluntary Payment Super Lite
- Nationwide Equity Release
- HSBC Interest Only Lifetime Mortgage
- TSB Equity Release Schemes
Downsides of Equity Release Schemes
Monthly payment lifetime mortgage can reduce your estate value. Home reversion plans may impact ability to claim benefits. You may need to pay a valuation fee and you could have higher rates to pay with some schemes.
What percentage can be released?
The more aged you are and the unhealthier you are the more cash you can release.
Retired business owners that may be interested in lifetime mortgages
- Manufacture of prepared feeds for farm animals Stockport
- Manufacture of other general-purpose machinery n e c Leek
- Retail sale of games and toys in specialised stores Westbury
- Wholesale of machine tools Newlyn
- Hunting, trapping and related service activities Morecambe
- Wholesale of textiles Chester-le-Street
- News agency activities Kirkby Lonsdale
- Urban and suburban passenger railway transportation by underground, metro and similar systems Chard
- Non-specialised wholesale of food, beverages and tobacco Maghull
- Retail sale of beverages in specialised stores Edgware
- Media representation services Royal Wootton Bassett
- Marine fishing Wadebridge
- Manufacture of cutlery Hatherleigh
- Reproduction of video recording Newbiggin-by-the-Sea
- Repair of consumer electronics Southend-on-Sea
- Growing of vegetables and melons, roots and tubers Burnham-on-Crouch
- Glazing Keighley
- Repair of other equipment Leatherhead
- Renting and leasing of agricultural machinery and equipment Beverley
- Retail sale of medical and orthopaedic goods in specialised stores not incl hearing aids n e c Bishops Castle
- Wholesale of grain, unmanufactured tobacco, seeds and animal feeds Newmarket
Equity Release LTV
- 50% monthly payment equity release AIG Life
- 55% loan to value monthly payment life time mortgage Aviva
- 45% loan to value (LTV) interest-only lifetime mortgages Blemain
- 25% LTV monthly payment lifetime mortgage Metro Bank Plc
The mortgage lender will want to know if the property is a Freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
Equity Release Scheme Lenders
- Aviva
- New Life
- Lifetime Mortgage from L&G
- New Life
Direct Legal and General Details.
Flexible Lifetime Mortgage Product Summary– Issue Date 14/08/2019
Home Equity Release plans
Product variant:
Premier Flexible Black
Flexible Pink
Flexible Orange
Flexible Yellow
Flexible Green
Interest rates Fixed and Variable
Standard 3.36% MER 3.41% AER 3.45% MER 3.51% AER 3.45% MER 3.51% AER 3.62% MER 3.68% AER 3.76% MER 3.83% AER 2% Cashback N/A 3.65% MER 3.71% AER 3.65% MER 3.71% AER 3.81% MER 3.88% AER 3.96% MER 4.03% AER £599 Arrangement fee 3.32% MER 3.37% AER 3.42% MER 3.47% AER 3.42% MER 3.47% AER 3.58% MER 3.64% AER 3.73% MER 3.79% AER Flexible Turquoise 3.96% MER 4.03% AER 4.15% MER 4.23% AER 3.92% MER 3.99% AER Flexible Blue 4.46% MER 4.55% AER 4.65% MER 4.75% AER 4.42% MER 4.51% AER Flexible Navy 4.81% MER 4.92% AER 5.00% MER 5.12% AER 4.77% MER 4.88% AER Flexible Indigo 5.25% MER 5.38% AER 5.44% MER 5.58% AER 5.21% MER 5.34% AER Call us on 03330 048444 Lines are open 8.30am to 5.30pm Monday to Friday. Call charges will vary. Calls may be monitored and recorded.
Legal & General Home Finance Limited is a wholly-owned subsidiary of Legal & General Group plc. We are registered in England and Wales number 04896447. Registered office: One Coleman Street, London EC2R 5AA. Legal & General Home Finance Limited is authorised and regulated by the Financial Conduct Authority.
