- Release tax-free money from your house
- You don’t need to make regular monthly payments
- Use the money you release for anything you like
- Stay living in your own home
How much is it common to release from a home
- 55% lifetime mortgage with flexible drawdown cash release The Exeter Equity Release
- 40% loan to value lumpsum lifetime mortgages Stonehaven Mortgage
- 55% loan to value (LTV) lump sum lifetime mortgages Legal and General
- 50% loan to value (LTV) lumpsum lifetime mortgages Norton Finance
- 25% loan to value lumpsum lifetime mortgages Bank of Ireland
- 25% loan to value monthly payment lifetime mortgage Masthaven
- 60% loan to value lumpsum lifetime mortgages 1st Stop Home Loans
- 30% loan to value lump sum lifetime mortgages Aldermore Bank PLC
Equity Release percentages of your current property value
The more aged you are and the the more illnesses you have you are the more cash you can release.
Areas in the UK where retirement mortgages are common
- Ware
- Horley
- Erith
- Brierley
- Bury St Edmunds
- Hessle
- North Hykeham
- Wood Green
- Leigh
- Newhaven
- Telscombe
- Chorley
- Nailsworth
- Surbiton
- Cullompton
Aviva Equity Release
Canada Life Retirement Mortgages
More2Life Lifetime Mortgages
Pure Retirement Retirement Mortgages
Pure Retirement Equity Release
Just Retirement Mortgages
Equity Release UK Providers
- Legal and General
- New Life
- More2Life
- Legal & General
Small business owners detail likely with equity to release from their homes
- Manufacture of jewellery and related articles Wath-upon-Dearne
- Seed processing for propagation Andover
- Operation of rail freight terminals Great Yarmouth
- Machining Tamworth
- Retail sale of carpets, rugs, wall and floor coverings in specialised stores Settle
- Renting and leasing of recreational and sports goods Penwortham
- Retail sale of fish, crustaceans and molluscs in specialised stores West Bedlington
- Growing of pome fruits and stone fruits Cleethorpes
- Manufacture of prepared pet foods Fordingbridge
- Wholesale of other office machinery and equipment Skelmersdale
- Retail sale via stalls and markets of food, beverages and tobacco products Whitehill
- Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate Tavistock
- Dismantling of wrecks Wallsend
- Processing and preserving of poultry meat Harrogate
- Extraction of crude petroleum Wolsingham
- Mining of uranium and thorium ores Surbiton
- Retail sale of beverages in specialised stores Newton Abbot
- Renting and leasing of passenger water transport equipment Grantham
- Publishing of computer games North Hykeham
- Agents involved in the sale of food, beverages and tobacco Richmond
- Processing and preserving of potatoes Stockport
- Hodge Equity Release Plans
- L&G Legal & General Flexible Max Scheme
- More2Life Flexi Choice Voluntary Payment Super Lite
- Royal Bank of Scotland Equity Release
- Saga home reversion plan
- Age Partnership Interest Only Lifetime Mortgage
- Aviva Equity Release Schemes
- Stonehaven Equity Release Plan
- Nationwide Interest Only Lifetime Mortgage
- TSB Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Age Partnership Lifetime Mortgage
- Aviva Lifestyle Flexible Option
- Bridgewater Equity Release
- Hodge Indexed Lifetime Mortgage
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Royal Bank of Scotland Equity Release Schemes
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Liverpool Victoria LV Equity Release Plans
- Stonehaven Interest Only Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- NatWest Equity Release Plans
- Saga Equity Release Plans
Disadvantages of Home Reversion Plans
Monthly payment life time mortgage can reduce the value of your estate. Lumpsum lifetime mortgages may impact entitlements to benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.
It’s very regular to encounter people seeking out monthly payment lifetime mortgage, monthly payment lifetime mortgage or monthly payment equity release, however, Key Solutions like The Exeter Equity Release are keen to see paperwork to show your personal situation in the form of pension statements.
The lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the resident is an AST Tenant.
