A new lender is available for equity release from Concise Finance, not available on the comparison sites, 2.23% MER rate with just a valuation fee and no other fees. No early redemption penalty. You can make monthly payments if you prefer.
How much cash can I borrow?
You can release 60% of your property’s value. As an example, if your house is valued at £260000 you can borrow £156000.
Popular loan to value percentages of Lloyds Bank mortgages for over 70s, HSBC mortgages over 70s, Post Office interest only mortgages for over 60s, Legal & General equity release schemes for over 55’s, Royal Bank of Scotland mortgages for 60 plus pensioners and Nationwide later life interest only mortgages over 70 are 45%, 55% and 65%.
Appealing retirement finance offerings include Lloyds Bank later life mortgages, HSBC pensioner mortgages, Post Office mortgages over 70s, L&G later life interest only mortgages over 70 and Nationwide BS mortgages for 60 plus.
Common loan to value ratios of LVE help to buy for over 60s, More to Life interest only mortgages for people over 60, OneFamily retirement mortgages over 65, Yorkshire Bank mortgages for 60 plus pensioners, Metro Bank retirement interest only mortgages over 75 and Sun Life retirement mortgages over 60 are 35%, 55% and 70%.
- HSBC Retirement Mortgage Providers
- Natwest Lifetime Mortgage Fixed Rate
- Natwest Equity Release On Second Homes
- HSBC Equity Release Mortgage
- Nationwide Equity Release Brokers UK
- Nationwide Lifetime Mortgage Calculator
Some of the most common loan to value percentages of Virgin Money mortgages for people over 50, Shepherds Friendly retirement mortgages over 70, Leeds Building Society interest only mortgages for people over 60, Coventry Building Society interest only mortgages for over 65 year olds, Newcastle Building Society interest only mortgages for over 65 year olds and Progressive Building Society mortgages for pensioners over 60 are 35%, 60% and 70%.
Concise Finance offers information about equity release products for people under 55 and over 55 years old.
Even if you still have a mortgage, we can help you release the tax-free money you need.
- Help your family buy their first home
- Have your dream holiday or buy a motorhome
- Get money to improve or extend your home
- Use finance to manage your estate or inheritance tax bill
- Pay down debts you have and supplement your income
Concise Finance has options available for people under 55 for equity release.
Hard to mortgage property variants can include poorly maintained at the time of the valuation inspection, properties where tenants live in a self-contained part of the property, leasehold properties where the lease length is currently unacceptable, leasehold properties (with the exception of flats and maisonettes) and properties with owned solar panels.
Hard to finance home variants can include pre-fabricated reinforced concrete (PRC), properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, large concrete panel systems, studio flats outside the M25 and basement or lower ground floor flats with level access to private or communal garden space.
Canada life equity release
Beverley
lv equity release
nationwide 70
Cumberland equity
NatWest interest only
NatWest pensioner mortgage
Yorkshire bank
Santander interest only
Skipton equity release
teachers equity release
Derbyshire equity release
Ecology
Harpenden
Earl Shilton
Darlington-equity-release
benefits-of-nationwide-equity-release
HSBC-lifetime
nationwide-interest-only
Ipswich-equity-release
nationwide-60
Yorkshire-equity-release
Tipton-Coseley-equity-release
Newcastle
Hodge
HSBC-pensioner
HSBC-lifetime-interest-only-mortgage
nationwide-pensioner-mortgage
Metrobank
RBS Lifetime Mortgages
Compare Cheshire Equity Release
Monmouthshire-equity-release
Legal General Release
Melton-Mowbray-equity-release
Loughborough BS Equity Release
RBS Retirement Mortgages
Buckinghamshire building society equity release
Saffron Building Society equity release
The Marsden building society equity release
Dudley building society equity release
Market Harborough equity release
Aviva equity release
A great lender is Santander for retirement finance products.
Age-related
under 40
Equity Release Under 50 Comparison
Equity Release Over 70 House
age-50
Mortgages for over 60s
Personal Circumstances Related
No Credit Check Interest Only Lifetime Mortgage
bad-credit-release
Tough to mortgage property titles can include flats of less than 30 square metres in any location, properties converted from modern commercial premises, properties without direct access to an adopted highway or which are accessed over an unmade road, properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties that have a private water supply provided a contract is in place with an approved maintenance company for regular testing and maintenance.
Area Related
companies
scheme
purchase
best equity
Difficult to mortgage property types
flood risk warning
High Rise Flat Retirement Mortgage
Flat Roof Definition
short-leaseholds
Contaminated Land
period-timber-frame-or-thatched-roofs
annexes
tenants-in-common
modern-timber-frame
studio flat
flat-shop
underpinned-properties
Equity Release for Flats with Short Leases
Equity Release for Joint Ownership property
flying-freeholds-and-creeping-freeholds
single skinAgricultural Mortgage Lenders
new build
Prc Property
power lines
Ex Local Authority Property
Agricultural Ties Equity Release Interest Rates
Mortgage Property With Over 10 Acres
Challenging to finance property variants include properties built on contaminated land, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, properties with structural problems, timber buildings and concrete frame.
