Age 50 Equity Release via a Lifetime Mortgage

age-50

  • Remove tax-free money from your house at 50
  • You don’t need to make regular monthly payments
  • Buy a family member a home without a mortgage
  • Stay living in your own house for as long as you like
  • Steel frame/panels ok
  • Concrete frame/panels ok
  • Over 10 acres of land ok
  • Your Requirements

  • Please enter a number from 5000 to 20000000.
  • About You

  • Please enter a number from 25 to 90.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Putney Home
Homeowner in their 70s
London House Finance
Under 65 Home owner

 

  • More to Life Capital Choice Plus Plan
  • More2Life Flexi Choice Drawdown Lite Plan
  • Just Retirement Equity Release Schemes
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • TSB Lifetime Interest Only Mortgage
  • Saga home reversion schemes
  • More2Life Flexi Choice Drawdown Lite Plan
  • Liverpool Victoria LV Equity Release Schemes
  • More 2 Life Flexi Choice Drawdown Lite Plan
  • HSBC Interest Only Lifetime Mortgage
  • NatWest Equity Release Schemes
  • Aviva Lifetime Mortgage
  • Hodge Indexed Lifetime Mortgage
  • Just Retirement Interest Only Lifetime Mortgage
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • Pure Retirement Drawdown Plan
  • HSBC Equity Release Plans
  • NatWest Equity Release Schemes
  • Age Partnership Lifetime Mortgage

 

Areas in the UK where retirement mortgages are common

  • Garstang
  • Winslow
  • Waltham Cross
  • Princes Risborough
  • Godmanchester
  • North Tawton
  • Radstock
  • Rothbury
  • Upton-upon-Severn
  • Peterlee
  • Barnet
  • Burford
  • Modbury

Yorkshire Bank Retirement Mortgage

It’s very regular to discover people searching for interest-only lifetime mortgages, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Key Retirement like Maximum cover Equity Release are keen to see evidence of your circumstances in the form of investment statements.

Equity Release LTV

The more elderly you are and the more serious your illnesses you are the more money you can release.

One Family

Pure Retirement

Canada Life Drawdown Lifetime Mortgages

More2Life - Capital Choice Plan

More2Life - Flexi Choice Super Lite

Legal & General - Flexible Indigo

Hodge Lifetime lifetime mortgage

Equity release is common among business owners like below

  • Private security activities Maidstone
  • Transmission of electricity Masham
  • Processing and preserving of fish, crustaceans and molluscs Market Harborough
  • Manufacture of tobacco products Oakham
  • Manufacture of non-electronic industrial process control equipment Bradley Stoke
  • Data processing, hosting and related activities Selsey
  • Agents involved in the sale of fuels, ores, metals and industrial chemicals Sandown
  • Construction of commercial buildings Redcar
  • Security dealing on own account Corsham
  • Manufacture of soft furnishings Banbury
  • Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Bampton
  • Manufacture of industrial gases Cullompton
  • Cultural education Marlborough
  • Operation of rail freight terminals Ryde
  • Wholesale of office furniture Harpenden
  • Distilling, rectifying and blending of spirits Halesworth
  • Publishing of newspapers Edmonton
  • Activities of call centres Clun

 

Small kitchen/bathroom extensions of single skin brickblockwork•Concrete or steel frame-blocks of flats built after 1980

What percentage can be released?

  • 50% lumpsum lifetime mortgages Old Mutual Wealth
  • 30% loan to value home reversion schemes Cambridge Building Society
  • 45% loan to value (LTV) lump sum lifetime mortgages Bridgewater
  • 50% LTV lifetime mortgage with flexible drawdown cash release Together Money

Yorkshire Bank Over 60 Mortgage

The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an AST Tenant.

Pitfalls of Equity Release Plans

Lifetime mortgage with flexible drawdown cash release can reduce your estate value. Lump-sum lifetime mortgages may impact entitlements to state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

Providers for UK Age 50 Equity Release

  • Key Retirement
  • Prudential Lifetime
  • Legal and General
  • Legal & General

Flat roofs over 50% of the total roof area (except blocks of flats)•Asbestos sheet•Corrugated metal