Earl Shilton Building Society Equity Release new for April 2020

earl-shilton

  • Remove tax-free money from your home
  • Not necessary to make regular monthly payments
  • Use the money to pay off debts
  • Stay living in your own house for as long as you like
  • 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
Over 55 Home owner
Money tied up in home

https://www.esbs.co.uk/

 

Areas where equity release is routine

  • Leyland
  • Broughton
  • Gillingham
  • Bridport
  • Harlow
  • Widnes
  • Boroughbridge
  • Seaton
  • Chard
  • Saffron Walden
  • Mablethorpe and Sutton
  • Mablethorpe and Sutton
  • Corsham

LV= Lump Sum+ Lifetime Mortgage

More2Life - Tailored Choice Plan

Legal & General - Flexible Pink

Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges

 

UK Equity Release Scheme Lenders

  • Sunlife Plans
  • Step Change
  • Key Retirement
  • Fortify Insurance Solutions

 

  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Just retirement defined benefit
  • Liverpool Victoria LV Equity Release Plans
  • More2Life Tailored Choice Plan
  • Pure Retirement Drawdown Plan
  • Nationwide Equity Release
  • HSBC Interest Only Lifetime Mortgage
  • Aviva Equity Release Plans
  • Hodge Lifetime Mortgage Flexible Drawdown Plan
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • More2Life Capital Choice Plan
  • NatWest Equity Release
  • Royal Bank of Scotland Equity Release Schemes
  • Aviva Equity Release Plans
  • Just retirement defined benefit
  • Stonehaven Equity Release Scheme
  • Nationwide Interest Only Lifetime Mortgage
  • Lloyds Bank Equity Release Schemes
  • More 2 Life Capital Choice Plus Plan

 

Examples of business owners with home equity to release

  • Retail sale of mobile telephones Elland
  • Portrait photographic activities Ottery St Mary
  • Licensed clubs Ipswich
  • Other education n e c Earl Shilton
  • Operation of rail passenger facilities at railway stations Brough
  • Weaving of textiles Ilminster
  • Wholesale trade of motor vehicle parts and accessories Looe
  • Manufacture of medical and dental instruments and supplies Ludgershall
  • Activities of political organizations Christchurch
  • Radio broadcasting Hoddesdon
  • Manufacture of knitted and crocheted fabrics Fordwich
  • Other amusement and recreation activities n e c Bromborough
  • Wholesale of other food, including fish, crustaceans and molluscs Kendal
  • Other passenger land transport Tynemouth
  • Wholesale of wood, construction materials and sanitary equipment Hatfield
  • Other specialist photography Highbridge
  • Wholesale of pharmaceutical goods Howden
  • Other residential care activities n e c Penkridge

 

What percentage can be released?

The more elderly you are and the the more illnesses you have you are the more tax free cash you can release.

Canada Life Mortgages

Legal and General Retirement Mortgages

Pure Retirement Lifetime Mortgages

LV Equity Release

 

Downsides of Lifetime Mortgages

Interest-only lifetime mortgages can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact ability to claim benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

It is usual to discover individuals looking for home reversion schemes, lumpsum lifetime mortgages or home reversion schemes, however, Age Partnership like The Exeter Equity Release are keen to see evidence of your personal circumstances in the form of investment statements.

Equity Release LTV

  • 50% home reversion plans Zurich
  • 55% LTV lump sum lifetime mortgages More2Life
  • 30% LTV monthly payment life time mortgage Newcastle Building Society
  • 60% loan to value (LTV) home reversion plans More2Life
  • 25% loan to value home reversion plans Aldermore Bank PLC

The 1st and 2nd charge 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 Assured shorthold tenancy tenant.

Canada Life Equity Release Calculator

Canada Life Equity Release Products