Pay 2.13% interest rate
You don’t need to make regular monthly payments unless you prefer to
Use the money for a holiday
Stay living in your own house for as long as you like
Can be used to help tax planning

How much money can I borrow?

You can borrow 60% of your home’s value. As an example, if your house is valued at £330000 you can get £198000.

Your Requirements
How Much Would You Like Borrow/Release?*
Please enter a number from 4000 to 200000000.
Value of your property*
Please enter a number from 50000 to 10000000.
Total amount of mortgage/loans you have on your property

About You
Name*
First Last
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree

Date of Birth*
Your Email Address:*
Phone Number*

Your Requirements
How Much Money Would You To Like Raise?*
Please enter a number from 4000 to 20000000.
Estimated Value Of Your Property?*
Total amount of mortgage/loans you have on your property
About You
Name*
First Last
Phone*
Date of Birth*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree
By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

It’s common to discover individuals seeking out lumpsum lifetime mortgages, lump sum life time mortgages or home reversion schemes, however, Key Solutions like AA equity release are keen to see proof of your personal circumstances in the form of pension statements.

Towns in the UK where retirement mortgages are common

Winsford
Aylesbury
Crowle
Wotton-under-Edge
Maltby
Barnet
Wimborne Minster
Bude-Stratton
Winsford
Gateshead
Uttoxeter
Bury St Edmunds
Matlock
Stalybridge
Mere
Walton-on-Thames
Barking
Wivenhoe

How much is it common to release from a home

The older you are and the sicker you are the more money you can release.

The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.

Challenging to finance property variants include rentcharges properties with a high estate rentcharge, leasehold properties with a short lease, typically less than 70 years, or a defective lease, properties of non-standard construction, corrugated iron construction and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

Tough to mortgage property titles can include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties with a large number/scale of outbuildings, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that are being used for personal commercial use and properties in coastal areas that may be affected by erosion.

Difficult to finance home types can include properties with post 1945 asbestos or similar composition roof tiles , properties with any externally applied insulation to the walls after construction, steel frame/clad properties built before 1990, studio flats outside the M25 and basement or lower ground floor flats without level access to private or communal garden space.

Hard to mortgage property variants include poorly maintained at the time of the valuation inspection, properties where tenants live in a self-contained part of the property, freehold houses and bungalows (England, Wales, Northern Ireland), properties where the customer is offering only part of the title as security for the loan and properties with owned solar panels.

Popular loan to value percentage ratios of Standard Chartered retirement mortgages over 70, Zurich mortgages for 60 year olds, Churchill lifetime mortgages for over 60s, Principality Building Society mortgages for over 65, Nottingham Building Society mortgages for pensioners over 60 and Progressive Building Society retirement interest only mortgages over 75 are 45%, 55% and 65%.

Equity Release UK Lenders

Age Concern
Norwich Union
Lifetime Mortgage from L&G
Prudential

Equity Release LTV Percentages

50% home reversion schemes LV Liverpool Victoria
25% LTV monthly payment lifetime mortgage Masthaven
25% LTV monthly payment equity release Masthaven

Some of the most common loan to value percentages of LV= later life interest only mortgages over 70, More to life mortgages for pensioners over 60, One Family interest only mortgages for over 60s, Yorkshire Building Society mortgages for people 60 plus, Metro Bank mortgages for over 60s and SunLife mortgages for 60 plus are 50%, 60% and 65%.

Aviva Retirement Mortgages

More to life Retirement Mortgages

Disadvantages of Home Reversion Plans – buy a house

Lump-sum lifetime mortgages can reduce the inheritance for your family. Monthly payment equity release may impact entitlements to state benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.

Just Retirement Interest Only Lifetime Mortgage
L&G Legal & General Flexi Max Voluntary Repayment Plan
Lloyds Bank Equity Release Schemes
Stonehaven Interest Only Lifetime Mortgage
Lloyds Bank Lifetime Mortgage
NatWest Interest Only Lifetime Mortgage
Royal Bank of Scotland Equity Release
Saga home reversion plan to buy a house
Bridgewater Equity Release Plans
Just Retirement Equity Release
Stonehaven Interest Only Lifetime Mortgage
Nationwide Equity Release Plans
HSBC Equity Release Schemes
Lloyds Bank Lifetime Mortgage

Some of the most popular pensioner loan products are Lloyds mortgages for people 60 plus, Barclays lifetime mortgages, Post Office RIO mortgages, Legal & General retirement interest only mortgages and Nationwide Building Society later life interest only mortgages over 60.

Equity Release Calculator Under 55

Business owners details likely with equity to release

Shaping and processing of flat glass Crook
Fitness facilities Whitworth
Support activities for crop production Maryport
Liquid milk and cream production Wragby
Finishing of textiles Bexley
Retail sale of musical instruments and scores Chorleywood
Raising of swine pigs Minehead
Manufacture of paper and paperboard Spalding
Computer facilities management activities Westbury
Manufacture of men’s underwear Gillingham
Retail sale of newspapers and stationery in specialised stores Haltwhistle
Manufacture of electronic components Bicester
Other retail sales in non-specialised stores Alton
Other retail sales of new goods in specialised stores, not commercial art galleries and opticians Winchelsea
Justice and judicial activities Luton
Manufacture of ice cream Sutton
Wholesale of perfume and cosmetics Grimsby
Raising of dairy cattle Verwood

Common loan to value percentage ratios of Lloyds Bank mortgages for over 70s, Barclays Bank interest only lifetime mortgages for over 60s, Halifax later life interest only mortgages over 70, L&G interest only mortgages for people over 60, RBS interest only lifetime mortgages for over 70s and Nationwide Building Society remortgages for people over 50 years old are 45%, 60% and 65%.

Sorting by