- Release tax-free equity from your home
- You don’t need to make regular monthly payments
- Use the money to help your family
- Stay living in your own home for as long as you like
Canada Life Drawdown Lifetime Mortgages
- Bridgewater Lifetime Mortgage
- Canada Life Landlord Voluntary Select Plan
- Nationwide Equity Release
- More to Life Capital Choice Plan
- Bridgewater Lifetime Mortgage
- Canada Life Equity Release
- Just Retirement Equity Release Plans
- Lloyds Bank Equity Release Schemes
- Royal Bank of Scotland Equity Release
- Saga Lifetime Mortgage
- Canada Life Voluntary Select Gold
- Just Retirement Equity Release
- L&G Legal & General Flexible Lifetime Mortgage
- Stonehaven Lifetime Mortgage
- HSBC Lifetime Mortgage
- Saga home reversion schemes
- Aviva Equity Release Schemes
- Bridgewater Lifetime Mortgage
- Just retirement defined benefit
- Saga home reversion plan
- Age Partnership Interest Only Lifetime Mortgage
Equity Release Scheme Providers
- Key Solutions
- Liverpool Victoria
- Key Retirement
It’s often found to encounter individuals looking for monthly payment lifetime mortgage, lump sum lifetime mortgages or interest-only lifetime mortgages, however, More2Life like VitalityLife Equity Release are keen to see proof of your circumstances in the form of investment statements.
Retired small business owners that may be interested in Home Reversion Schemes
- Marine aquaculture Buckfastleigh
- Specialised cleaning services Buntingford
- Manufacture of other organic basic chemicals Dartford
- Technical testing and analysis Keswick
- Growing of other tree and bush fruits and nuts Adlington
- Seed processing for propagation Bishops Castle
- Youth hostels Painswick
- Support activities for other mining and quarrying Bradninch
- Retail sale of fruit and vegetables in specialised stores Sandown
- Construction of water projects Louth
- Raising of swine pigs Pershore
- Other residential care activities n e c Sutton
- Renting and leasing of freight water transport equipment Keynsham
- Growing of sugar cane Sale
- Remediation activities and other waste management services Lytchett Minster & Upton
- Hairdressing and other beauty treatment Partington
- Manufacture of plastics in primary forms Hoddesdon
- Repair of electrical equipment Richmond
- Reproduction of sound recording Haverhill
- Building of pleasure and sporting boats Chilton
- Test drilling and boring Princes Risborough
- Santander Lifetime Mortgage Comparison
- Halifax Retirement Mortgage Broker
- Nationwide Lifetime Mortgage On Second Property
- Natwest Lifetime Mortgage Buy To Let
- HSBC Retirement Mortgage Advice
- Lloyds Bank Lifetime Mortgage No Payments
- Halifax Equity Release Mortgage
- Lloyds Retirement Mortgage Age
- Santander Equity Release Schemes
- Halifax Lifetime Mortgage Comparison
- HSBC Equity Release Brokers Uk
- Nationwide Retirement Mortgage Age
- HSBC Lifetime Mortgage Comparison
- Lloyds Equity Release Plan
- Natwest Retirement Mortgage Loan
- Lloyds Bank Retirement Mortgages House
Equity Release percentages of your current property value
- 50% monthly payment equity release Old Mutual Wealth
- 35% loan to value monthly payment lifetime mortgage More to Life
- 30% loan to value monthly payment lifetime mortgage Hodge
- 30% loan to value lump sum lifetime mortgages Evolution Money
The lender will want to know if the property is a Detached freehold house or a Leasehold flat with a share of freehold and if the resident is an Assured shorthold tenancy tenant.
Areas of the UK where Lifetime Mortgages are routine
- Radstock
- Hawes
- Weston-super-Mare
- Shepton Mallet
- Gainsborough
- Partington
- Hatherleigh
- Winchcombe
- Leominster
- Kirton-in-Lindsey
- Tonbridge
- Newquay
- Deal
- St Neots
- Ashby-de-la-Zouch
- Wymondham
- South Kirkby and Moorthorpe
- Ollerton and Boughton
- Bedale
How much is it common to release from a home
The more elderly you are and the unhealthier you are the more tax-free cash you can release.
Downsides of Equity Release Plans
Lumpsum lifetime mortgages can reduce the value of your estate. Monthly payment equity release may impact the ability to claim benefits. You may need to pay a legal fee and you could have higher rates to pay with some schemes.
Hard to finance home types can include properties in poor condition, properties where letting arrangement where the tenancy agreement is not appropriate, freehold houses and bungalows (England, Wales, Northern Ireland), properties which are made up of multiple titles and properties with single skin brickwork.
Common retirement mortgage products are TSB mortgages for pensioners, Barclays mortgages for pensioners, Natwest mortgages for 60 year olds, Legal & General mortgages for pensioners and Nationwide Building Society interest only lifetime mortgages.
Hard to finance property types can include timber framed properties built before 1920, properties with any externally applied insulation to the walls after construction, steel frame/clad properties built before 1990, coach houses i.e. freehold properties with garages beneath and basement or lower ground floor flats without level access to private or communal garden space.
Common LTV percentages of TSB lifetime mortgages for over 55s, Barclays mortgages for 60 plus, Post Office interest only mortgages for over 60s, L&G retirement mortgages over 70, RBS interest only lifetime mortgages for people over 60 and Nationwide BS help to buy for over 60s are 45%, 55% and 70%.
Challenging to finance property titles can include properties built or converted into dwellings within the last 10 years , properties with a single annexe or other self-contained part of the property, use of the land and any outbuildings for a small amount of personal commercial use., properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties where Japanese Knotweed is present.
Tough to finance home variants can include high service charges, properties without a kitchen or bathroom, derelict property or where part of the building is in severe disrepair and needs demolishing, timber buildings and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.
How much cash can I get?
You can release 60% of your home’s valuation. As an example, if your house is valued at £190000 you can get £114000.
Located in: Paradigm
Address: 3175 Century Way, Leeds LS15 8ZB
Hours: Closed ⋅ Opens 9 AM Mon
Phone: 0113 366 0599