- Remove tax-free money from your property
- You don’t need to make monthly payments
- Use the cash to pay off loans and credit cards
- Stay living in your own house for as long as you like
Areas in the UK where retirement mortgages are routine
- Ringwood
- Hemsworth
- Witney
- Tavistock
- Tamworth
- Bishops Stortford
- Oakengates
- Madeley
- Hadleigh
- Lytchett Minster & Upton
- Royston
- Wisbech
- Jarrow
- High Wycombe
- Wednesbury
Hodge Lifetime
More2Life Drawdown Lifetime Mortgages
Canada Life
Equity Release percentages of your current property value
- 60% interest-only lifetime mortgages LV Liverpool Victoria
- 55% loan to value interest-only lifetime mortgages Bower
- 50% loan to value home reversion plans Together Money
- 50% loan to value interest-only lifetime mortgages Bower
- 45% LTV lifetime mortgage with flexible drawdown cash release Saga
- 55% loan to value (LTV) lumpsum lifetime mortgages Paragon Personal Finance
Retired business owners that may be interested in lifetime mortgages
- Media representation services Staveley
- Support activities for petroleum and natural gas extraction Edmonton
- Sports and recreation education Eastleigh
- Support activities for crop production Newquay
- Activities of agricultural holding companies Horsforth
- Wholesale of dairy products, eggs and edible oils and fats Burntwood
- Manufacture of plastics in primary forms Huntingdon
- Manufacture of trailers and semi-trailers Stony Stratford
- Wholesale of coffee, tea, cocoa and spices Cricklade
- Factoring Billingham
- Other credit granting n e c Rye
- Manufacture of light metal packaging Evesham
- Manufacture of hollow glass Market Bosworth
- Casting of steel Mansfield
- Ready-made interactive leisure and entertainment software development Crook
- Other sports activities Fazeley
- Landscape service activities Dorchester
- Activities of property unit trusts Penzance
- Retail sale of fruit and vegetables in specialised stores Sale
- Other passenger land transport Callington
- Other activities auxiliary to insurance and pension funding Bolton
UK Lenders for Equity Release
- Sunlife Plans
- Pure Retirement
- Age Partnership
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Owner Occupier Primary Residence.
Equity Release Loan To Value
The older you are and the more serious your illnesses you are the more cash you can release.
Disadvantages of Home Reversion Schemes
Monthly payment life time mortgage can reduce the inheritance for your family. Monthly payment lifetime mortgage may impact ability to claim benefits. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.
Its often found to find people searching for monthly payment lifetime mortgage, lumpsum lifetime mortgages or home reversion schemes, however, Legal and General like Fortify Insurance Solutions are keen to see evidence of your circumstances in the form of pension statements.
- More 2 Life Capital Choice Plus Plan
- Bridgewater Lifetime Mortgage
- Hodge Equity Release Plans
- Just retirement equity release key features
- L&G Legal & General Flexible Lifetime Mortgage
- Liverpool Victoria LV Equity Release Plans
- Lloyds Bank Equity Release
- Age Partnership Equity Release
- Canada Life Lifestyle Lite Flexi
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Nationwide Equity Release
- NatWest Lifetime Mortgage
- Age Partnership Equity Release Schemes
- More2Life Tailored Choice Plan
- Bridgewater Equity Release
- Liverpool Victoria LV Equity Release Schemes
- Pure Retirement Lifetime Mortgage
- Lloyds Bank Equity Release
- NatWest Equity Release
- L&G Legal & General Flexible Max Plus
- More to Life Capital Choice Plan
- Pure Retirement Equity Release
- Nationwide Equity Release Plans
- TSB Lifetime Mortgage
- NatWest Interest Only Lifetime Mortgage
