Equity Release Ecology Building Society – Options for Lifetime Mortgages

ecology

  • Release-tax free equity from your house
  • No need to make monthly payments
  • Use the money to buy another property
  • Continue to live in your own property
  • 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



Homeowner in their 70s
Raise money with your home
Old money home

https://www.ecology.co.uk/

Equity Release Loan To Value

The more aged you are and the sicker you are the more tax-free money you can release.

It’s common to find people searching for lifetime mortgage with flexible drawdown cash release, monthly payment life time mortgage or monthly payment equity release, however, Just Retirement like VitalityLife Equity Release are keen to see evidence of your personal situation in the form of bank statements.

Short Leasehold No Fees

Short Leasehold Retirement Mortgage

Areas where retirement mortgages are popular

  • Taunton
  • Selby
  • Uckfield
  • Chorleywood
  • Pontefract
  • Cotgrave
  • Soham
  • Newbiggin-by-the-Sea
  • Ambleside
  • Birchwood
  • Bournemouth
  • Penryn
  • Fakenham
  • Watton
  • Lymington
  • Hatfield

 

Equity Release Scheme Lenders

  • Aviva
  • Crown
  • Lifetime Mortgage from L&G
  • The Exeter Equity Release

 

 

Equity Release percentages of your current property value

  • 55% home reversion schemes The Exeter Equity Release
  • 60% loan to value home reversion plans Bower
  • 25% loan to value (LTV) monthly payment life time mortgage Prestige Finance
  • 30% loan to value home reversion schemes Principality

 

Equity release is common among business owners like below

  • Manufacture of non-electronic measuring, testing etc equipment, not for industrial process control Halesworth
  • Manufacture of electronic components Silsden
  • Gathering of wild growing non-wood products Yateley
  • Glazing Carshalton
  • Support activities to performing arts Ashby Woulds
  • manufacture of household textiles Longridge
  • Leasing of intellectual property and similar products, except copyright works Great Torrington
  • Manufacture of other knitted and crocheted apparel Woburn
  • Operation of historical sites and buildings and similar visitor attractions Lymington
  • Manufacture of prepared feeds for farm animals Batley
  • Manufacture of ceramic tiles and flags Edgware
  • Printing of newspapers Bishops Castle
  • Operation of warehousing and storage facilities for land transport activities Langport
  • Reproduction of video recording Barnstaple
  • Activities of insurance agents and brokers Halewood
  • Operation of sports facilities Hedge End
  • Copper production Billericay
  • Roofing activities Alfreton

The mortgage 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.

  • Aviva Equity Release
  • Bridgewater Equity Release Schemes
  • Hodge Lifetime Mortgage Flexible Drawdown Plan
  • Just Retirement Equity Release Plans
  • More to Life Capital Choice Plan
  • Saga Lifetime Mortgage
  • More to Life Capital Choice Plus Plan
  • Lloyds Bank Equity Release Schemes
  • NatWest Equity Release
  • Royal Bank of Scotland Equity Release Schemes
  • Saga Equity Release Plans
  • Bridgewater Equity Release
  • More 2 Life Capital Choice Plan
  • Saga Equity Release Schemes
  • Canada Life Equity Release Plans
  • Hodge Equity Release Plans
  • Nationwide Interest Only Lifetime Mortgage
  • Saga home reversion plan
  • More 2 Life Capital Choice Plus Plan

More2Life - Tailored Choice Plan

Aviva lifetime mortgage

Hodge Lifetime lifetime mortgage

LV= Lump Sum+ Lifetime Mortgage

Aviva

Legal and General Equity Release

One Family Drawdown Lifetime Mortgages

Pure Retirement

 

Downsides of Lifetime Mortgages

Home reversion plans can reduce the inheritance for your family. Monthly payment equity release may impact ability to get state benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.