- Remove tax-free cash from your property
- Ex local authority property accepted
- Social housing accepted
- Variable rates as low as 1.56% APR
- No regular monthly payments
- Use the money to pay off credit cards and loans
- Continue to stay in your house
Recently completed mortgage, equity release and lifetime mortgage cases
Sophie G from Aberdeen
The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.
Mrs Shaw from Lancaster
I had an interest-only mortgage with Birmingham Midshires. The mortgage had come to the end of its term and they wanted the £127000 back I still owed them. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before.
Mr G from Kent
I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.
Mr Williamson from Chiswick
My son is a chef in a care home. He is not well paid. No way his bank would lend him the money to buy a flat. My equity release enabled him to put a substantial deposit down so his mortgage was very small. My equity release interest rate was close to his interest rate offered by his bank.
Ms T from Hammersmith
My husband recently died leaving me with a mortgage I could not afford to pay. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, kitchen, and roof repair.
Mrs L from Nottingham
I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years the money went to him for his share of the house. I am happy now as I am secure, and I do not need to move from my home.
Mrs E from London
My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.
Mrs M from Birmingham
With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. The money released went to my daughter for her wedding and deposit for her next house. She wanted a family, and her flat was too small.
Julia A
My mother has dementia. With my solicitor and my power of attorney, I got equity release on my mother’s house to pay for specialist modifications for her comfort.
Equity Release Scheme Lenders
- Key Solutions
- One Family
- Key Retirement
- LV equity release
It’s very regular to discover individuals searching for home reversion plans, lump sum lifetime mortgages or interest-only lifetime mortgages, however, Just Retirement like Legal & General are keen to see evidence of your personal circumstances in the form of bank statements.
Business owners details likely with equity to release
- Other software publishing Shepton Mallet
- Manufacture of other machine tools Prescot
- Activities of property unit trust Highbridge
- Dismantling of wrecks Henley-in-Arden
- Landscape service activities Royston
- Taxi operation Elstree and Borehamwood
- Manufacture of essential oils Featherstone
- Wholesale of watches and jewellery Crewkerne
- Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & videotapes and the equipment used for playing them Bawtry
- Activities of tourist guides East Retford
- Manufacture of loaded electronic boards Alfreton
- Marine aquaculture Brough
- Non-specialised wholesale of food, beverages and tobacco Loddon
- Manufacture of doors and windows of metal Clay Cross
- Development of building projects Earby
- Manufacture of steam generators, except central heating hot water boilers Selsey
- Manufacture of other ceramic products n e c Skelton-in-Cleveland
- Television programme production activities Faringdon
- Lloyds Lifetime Interest Only Mortgage No Credit Check
- Tenants In Common Over 70 Mortgage
- Crown Equity Release Providers
- Loughborough Building Society Equity Release Providers
- Melton Mowbray Building Society Over 75 Mortgage
- 55+ Mortgage
- Saffron Building Society Equity Release Interest Rates
- Legal And General Over 55 Mortgage
- Santander Lifetime Mortgage Broker
- European Self Cert Mortgages
- Buckinghamshire Building Society Equity Release Comparison
- Monmouthshire Building Society Over 55 Mortgage
- Furness Building Society Later Life Mortgages
- Vernon Building Society Pensioner Mortgage
- Nationwide Lifetime Mortgage Broker
- Japanese Knotweed Uk Law
- Newcastle Building Society Over 75 Mortgage
- Over 55 Mortgage
- National Counties Family Building Society Over 75 Mortgage
- Halifax Retirement Mortgage Reviews
- Rbs Equity Release Broker
- Flood Risk Area
- Derbyshire Building Society Glossop
- Canada Life Equity Release Schemes
- Equity Release Under 50 Rates 2021
- Santander Equity Release Drawdown
- Marsden Building Society Over 55 Mortgage
- Beverley Bs Equity Release Advice
- Equity Release Under 60 Interest Rates
- Mortgage Over 70
- Just Retirement Over 55 Mortgage
- Cheshire Building Society Equity Release Interest Rate
- Cost Of Underpinning A House
- Lifetime Mortgage Fee
- Natwest Lifetime Mortgage Rates 2021
- Equity Release On Spanish Property
- Liverpool Victoria Equity Release Interest Only
- Contaminated Property Equity Release
- Newbury Building Society Retirement Mortgage
- Harpenden Building Society Pensioner Mortgage Calculator
- Santander Pensioner Mortgage Loan
- Nationwide Equity Release On Second Homes
- Tipton And Coseley Building Society
- Nfu Mortgages
- Ni Mortgage Rates 2021
- Bridgewater Equity Release Interest Rates
- Equity Release Property With Land
- Mortgages For Retirees
- Precast Reinforced Concrete
- Lloyds Pensioner Mortgage Interest Rate
- Swansea Building Society No Fees
Areas of the UK where equity release is common
- Woodley
- Wivenhoe
- Market Deeping
- Hungerford
- Skelton-in-Cleveland
- Whitehill
- Thame
- Sandhurst
- Southwick
- Stockton-on-Tees
- Elland
- Torpoint
- Chingford
- Bebington
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 AST Tenant.
Equity Release LTV
The older you are and the sicker you are the more tax-free money you can release.
- Bridgewater Equity Release Schemes
- More2Life Tailored Choice Plan
- Stonehaven Interest Select Plan
- Nationwide Equity Release Plans
- Lloyds Bank Equity Release Schemes
- Age Partnership Equity Release Plans
- Bridgewater Equity Release Plans
- L&G Legal & General Flexible Max Plus
- Lloyds Bank Equity Release
- More 2 Life Flexi Choice Drawdown Lite Plan
- NatWest Equity Release Schemes
- Royal Bank of Scotland Equity Release
- Bridgewater Equity Release Plans
- Hodge Lifetime Mortgage Flexible Drawdown Plan
- Stonehaven Equity Release Plan
- Lloyds Bank Equity Release Schemes
- Canada Life Prestige Flexi Option
- L&G Legal & General Flexible Max Scheme
- Liverpool Victoria LV Equity Release Schemes
- More2Life Tailored Choice Plan
- Nationwide Equity Release Schemes
- Lloyds Bank Equity Release
- TSB Lifetime Interest Only Mortgage
- Royal Bank of Scotland Equity Release
- Saga home reversion plan
- Age Partnership Equity Release Plans
Canada Life Drawdown Lifetime Mortgages
Drawbacks of Lifetime Mortgages
Lump-sum lifetime mortgages can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact the ability to get state benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.
Equity Release LTV Percentages
- 50% monthly payment lifetime mortgage Maximum cover Equity Release
- 25% loan to value (LTV) home reversion plans Spring Finance
- 25% loan to value monthly payment lifetime mortgage Penrith
- 45% loan to value monthly payment lifetime mortgage Blemain
Retirement and sheltered housing• Ex- local authority, MoD or housing association flats and maisonettes• Properties purchased via a “Right to Buy” scheme and within preemption period• Studio flats• Park or mobile homes• Houseboats• Second or holiday homes•Houses in Multiple Occupation
Ex-local authority, MoD or housing association houses and bungalows• Flats and maisonettes in private blocks of more than 10 storeys.• New build houses and flats•Properties with an annexe, 2 kitchens or which are sub-divided.
