- Remove tax free equity from your house
- No monthly repayments
- Use the money to keep another family member away from a high LTV mortgage
- Still have a few more mortgages payments to make? No problems
- Stay living in your own house
Equity Release Loan To Value
The older you are and the sicker you are the more money you can release.
Pitfalls of Home Reversion Plans
Interest-only lifetime mortgages can reduce the inheritance for your family. Lump sum lifetime mortgages may impact entitlements to benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.
- Aviva Lifetime Mortgages
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Stonehaven Equity Release Plan
- Nationwide Interest Only Lifetime Mortgage
- Lloyds Bank Equity Release Schemes
- Saga home reversion plan
- Bridgewater Equity Release Schemes
- Stonehaven Interest Select Plan
- HSBC Lifetime Mortgage
- Lloyds Bank Equity Release
- More 2 Life Capital Choice Plus Plan
- TSB Equity Release
- NatWest Interest Only Lifetime Mortgage
- Saga Equity Release Plans
- Canada Life Voluntary Select Gold Flexi
- Pure Retirement Classic Drawdown Lite Plan
- Stonehaven Lifetime Mortgage
- HSBC Equity Release Plans
- Royal Bank of Scotland Lifetime Mortgage
- Bridgewater Equity Release Schemes
- Liverpool Victoria LV Equity Release Plans
Equity Release Scheme Lenders
- Key Solutions
- New Life
- Age Partnership
- VitalityLife Equity Release
Aviva Drawdown Lifetime Mortgages
The lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Private Tenant.
What percentage can be released?
- 50% home reversion schemes Aegon
- 30% loan to value monthly payment life time mortgage Skipton Building Society
- 30% loan to value home reversion plans Bank of China UK
It’s very regular to find people looking for home reversion schemes, lumpsum lifetime mortgages or home reversion plans, however, Bower like Royal London Equity Release are keen to see evidence of your situation in the form of bank statements.
Towns where equity release is common
- Torpoint
- Henley-on-Thames
- Hitchin
- Tewkesbury
- Todmorden
- Ingleby Barwick
- Ashton-under-Lyne
- Knaresborough
- Melton Mowbray
- Padiham
- Mexborough
- Stalybridge
- Sidmouth
- Scunthorpe
- Lydney
- Blackburn
Examples of small business owners with home equity to release
- Manufacture of non-electronic measuring, testing etc equipment, not for industrial process control Strood
- Manufacture of pulp Solihull
- Retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores Dorking
- Water collection, treatment and supply Oldbury
- Other building completion and finishing Smethwick
- Retail sale of meat and meat products in specialised stores Henley-in-Arden
- Retail sale of watches and jewellery in specialised stores Haslingden
- Distilling, rectifying and blending of spirits Leiston
- Manufacture of office and shop furniture Henley-on-Thames
- Freight transport by road Spilsby
- Combined facilities support activities Barton-upon-Humber
- Manufacture of motor vehicles Chatteris
- General cleaning of buildings Rochford
- Growing of oleaginous fruits Eastbourne
- Support activities for crop production Margate
- Computer facilities management activities Middlewich
- Satellite telecommunications activities Great Dunmow
- Demolition Newbiggin-by-the-Sea
- Wholesale of coffee, tea, cocoa and spices Wickham
- Open cast coal working East Ham
- Manufacture of starches and starch products Mirfield
Phone: 03454 500 151
Email: info@more2life.co.uk
Website: https://www.more2life.co.uk/
