Release equity from your property
- No regular monthly payments
- Help your family get a deposit for their own home
- Are you still paying a mortgage? We can help with that
- Continue to live in your own home
Testimonials and Example Cases
William from London
I was told by my lawyer my inheritance tax bill would be around £250,000. I got a lifetime mortgage to give money to my son and daughter so they could buy bigger homes and we bought a house in the south of France for us all to use as a holiday home.
Mr Smith from Kendal
My financial advisor told me that I should get equity release and gift money to my 5 children now as it would save a massive amount of inheritance tax.
David P
With my power of attorney, I got equity release on my father’s house to pay for disability provisions including a lift and a new kitchen.
Mrs Daly from Glasgow
My daughter lives in the states and does not have health insurance. My £30,000 lifetime mortgage paid the medical bills for her son to be born and a years rent in advance for a new flat for the baby.
Mrs V from Hastings
I had spent my life running up credit cards and loans then getting interest-only mortgages to pay off the debt. I got to retirement age and still owed the bank £160,000. The term was about to expire, and I could not afford the payments on my pension anyway. I got £180,000 equity release and now I am more comfortable with no monthly repayments and I spent £20,000 on a new bathroom and kitchen. I now know I can stay in my home.
Sandra from Manchester
I got equity release to give money to my daughter to buy a house. Without the money I borrowed, her buying a home would have been impossible.
Mrs G from Leeds
My daughter is a single mother, and I got a £120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.
Towns where equity release is common
- Rotherham
- Walton-on-Thames
- Leiston
- Malmesbury
- Rothwell
- Matlock
- Bridlington
- Wareham
- Crook
- Whitehill
- Bromsgrove
- South Brent
- Skelmersdale
- Brixham
Drawbacks of Lifetime Mortgages
Home reversion schemes can reduce the value of your estate. A monthly payment lifetime mortgage may impact entitlements to benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
It’s very regular to discover individuals looking for lump sum lifetime mortgages, lumpsum lifetime mortgages or monthly payment equity release, however, Age Partnership like VitalityLife Equity Release are keen to see paperwork to show your personal situation in the form of pension statements.
Equity release is common among business owners like below
- Manufacture of paper stationery Market Rasen
- Manufacture of musical instruments Devizes
- Retail sale of beverages in specialised stores Chesterfield
- Joinery installation Swindon
- Manufacture of office and shop furniture Arlesey
- Manufacture of paper and paperboard Amesbury
- Renting and leasing of other machinery, equipment and tangible goods n e c Heywood
- Manufacture of concrete products for construction purposes Market Deeping
- Manufacture of builders ware of plastic South Molton
- Manufacture of prepared pet foods Chertsey
- Other information service activities n e c Corbridge
- Other building completion and finishing Ulverston
- Manufacture of bread; manufacture of fresh pastry goods and cakes Diss
- Motion picture distribution activities Leigh-on-Sea
- Investigation activities Barnard Castle
- Extraction of salt Minster
- Specialists medical practice activities Newark-on-Trent
- Growing of grapes Alcester
Pure Retirement Equity Release
LV Drawdown Lifetime Mortgages
Providers for UK Equity Release
- Aviva
- Step Change
- Key Retirement
- AA equity release
- Natwest Lifetime Mortgage On Second Property
- Lloyds Lifetime Mortgage Advisers
- Lloyds
- Lloyds Retirement Mortgage Advice
- Natwest Retirement Mortgage Uk
- Lloyds Bank Retirement Mortgages Uk
- Santander Retirement Mortgage Home
- Nationwide Equity Release On Second Homes
- Halifax Retirement Mortgage Lenders
- Santander Lifetime Mortgage Drawdown Scheme
- Nationwide Lifetime Mortgage Advisers
- HSBC Equity Release Interest Rates
- HSBC Retirement Mortgage
- Lloyds Bank Equity Release
- Lloyds Bank Lifetime Mortgage Broker
- Halifax Equity Release Best Deals
- HSBC Lifetime Mortgage Home Reversion Plan
- Natwest Equity Release Loan
- Santander
- Nationwide Retirement Mortgage Providers
Equity Release percentages of your current property value
The more elderly you are and the more serious your illnesses you are the more tax-free money you can release.
How much is it common to release from a home
- 60% monthly payment lifetime mortgage Fortify Insurance Solutions
- 55% LTV home reversion plans Bower
- 45% loan to value interest-only lifetime mortgages United Trust Bank
- 55% loan to value monthly payment equity release 1st Stop Home Loans
- 30% loan to value monthly payment lifetime mortgage New Street Mortgages
- Aviva Lifetime Mortgages for Pensioners
- More 2 Life Flexi Choice Drawdown Lite Plan
- Bridgewater Lifetime Mortgage
- More2Life Capital Choice Plus Plan
- Nationwide Interest Only Lifetime Mortgage
- Nationwide Equity Release Schemes
- Lloyds Bank Lifetime Mortgage
- More 2 Life Flexi Choice Drawdown Lite Plan
- TSB Lifetime Interest Only Mortgage
- Canada Life Equity Release Plans
- Just retirement defined benefit
- Stonehaven Lifetime Mortgage
- NatWest Equity Release Plans
- Royal Bank of Scotland Lifetime Mortgage
- Saga Equity Release Schemes
- Hodge Indexed Lifetime Mortgage
- Just retirement equity release lifetime mortgages
- Nationwide Equity Release
- HSBC Equity Release Plans
- NatWest Equity Release Schemes