5.21% MER rate
No brokers fee
No lenders fee
Lender not available on comparison sites
Free valuation for flat roof equity release
All difficult property titles considered including ones with bitumen flat roof felt
Release tax-free cash from your house
No regular monthly payments
Still, have a mortgage? No problems
Steel frame/panels
Concrete frame/panels
Pitched roofs of concrete, slate or stone tiles
Pitched roofs of asbestos cement tiles
Flat roofs over 50% of the total roof area

How much can I get?

You can release 70% of your property’s value. For example, if your house is valued at £350000 you can borrow £245000.

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Concise Finance Customer Reviews

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 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.

Mrs E from London

I was advised to get equity release from my East London home to minimise inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low it was close to their mortgage rate.

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.

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.

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.

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.

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.

Flat Roof Houses in the UK: A Modern and Practical Choice

Flat roof houses have become increasingly popular in the UK due to their modern aesthetic and practical design. Flat roofs can offer unique architectural benefits and often complement contemporary housing styles. However, they also come with specific considerations for homeowners, especially when it comes to maintenance and resale value.

Benefits and Considerations of Houses with Flat Roofs

Flat roofs provide usable space that can be utilised as rooftop gardens or terraces, which is ideal for urban areas with limited garden space. However, properties with flat roofs can sometimes present challenges in terms of insulation and weatherproofing. This is particularly important for unique homes, such as those with single skin wall construction, where effective insulation is crucial.

Marketability of Flat Roof Properties

While flat roof homes are stylish, some buyers may be hesitant due to potential maintenance concerns. This can affect marketability, especially for those with non-standard construction homes. Homeowners looking to sell a BISF house quickly or sell a flat above a shop fast may find that flat roof designs can appeal to specific buyer demographics interested in modern aesthetics.

Financing and Selling Flat Roof Properties

When selling a flat roof property, it’s essential to consider potential buyers’ requirements, particularly if the home has unique features or construction types. For example, short lease flats or those lacking an EWS1 certificate can present challenges, though there are buyers and services available for selling flats without cladding certification. Understanding these factors can be instrumental in planning a successful sale.

Special Considerations for Flat Roof Homes Near Infrastructure

Homes with flat roofs located near infrastructure, such as those near a national grid substation, may also face specific challenges. Flat roofs, like other design elements, can influence how a property is perceived, especially in areas with environmental or infrastructural considerations.

For homeowners of flat roof properties or those with non-standard constructions like timber frame houses or BISF homes, it’s crucial to work with professionals who understand the unique needs of these types of properties. With the right approach, flat roof houses can appeal to a specific buyer segment that values modern design and innovative uses of space.

More 2 Life Flexi Choice Drawdown Lite Plan for flat roof properties

Liverpool Victoria LV Equity Release for Pitched Roof Properties
More to life Flexi Choice Voluntary Payment Super Lite specialist lender
Pure Retirement Lifetime Mortgage lender with mandatory roof inspection
Lloyds Bank Equity Release Schemes for non standard construction
Just Retirement Drawdown Lifetime Mortgage for algae growth debris properties new roof
Liverpool Victoria LV Equity Release Schemes for Property Repair Costs
More to Life Flexi Choice Drawdown Lite Plan for properties considered non standard construction modified bitumen
Pure Retirement Lifetime Mortgage for maintenance and repair costs roof covering
More 2 Life Flexi Choice Drawdown Lite Plan roofing material
Nationwide Equity Release Schemes green roofs
More to Life Flexi Choice Voluntary Payment Super Lite asphalt roofs
Lloyds Bank Equity Release Schemes roof decking
TSB Equity Release flat roof equity release roofing system
NatWest Equity Release Plans roofing systems
Bridgewater Equity Release Plans flat roof material
Hodge Lifetime Mortgage Flexible Drawdown Plan flat roof materials
Liverpool Victoria LV Equity Release Plans for properties with 50 years insurance flat roofing materials
Lloyds Bank Equity Release for Green Roof Properties
TSB Lifetime Interest Only Mortgage for property with flat roof coverings

flat roofs construction lifetime mortgage

Aviva Retirement Mortgages

Canada Life

Hodge Lifetime Mortgages

LV Mortgages

More to Life Lifetime Mortgages

It is common to encounter people looking for lump sum lifetime mortgages, lump sum lifetime mortgages or home reversion schemes, however, More to life like Vitality Life Equity Release are keen to see paperwork to show your personal circumstances in the form of pension statements.

What percentage can be released with flat roof equity release?

55% lifetime mortgage with flexible drawdown cash release AIG Life for flat roof property
30% loan to value interest-only lifetime mortgages Shawbrook for flat roofed property
55% loan to value (LTV) lump sum lifetime mortgages Paragon Personal Finance flat roof mortgage

Retired small business owners that may be interested in lifetime mortgages with flat roof house

Risk and damage evaluation Oldbury
Non-life reinsurance Reigate
Manufacture of other fabricated metal products n e c Wokingham

Challenging to mortgage home variants can include properties will be assessed for flood risk, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, derelict property or where part of the building is in severe disrepair and needs demolishing, asbestos construction and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

What are the current Ipswich Building Society interest rates for equity release?

Ipswich Building Society interest rates for equity release are 1.86% APR.

Towns where equity release is routine

Eccleshall house with flat room
Barnard Castle flat roofed houses
Ollerton and Boughton flat roof house uk
Keynsham flat roof houses uk
Saxmundham house flat roof
Highbridgeflat roofed houses
Worksop epdm rubber roof
Blackpool
Braintree
Cranbrook
Bacup
Leek
Stroud
Higham Ferrers
Barnard Castle
Wednesbury
Lutterworth

Tough to finance property variants can include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties with a large number/scale of outbuildings, agricultural use of the land and any outbuildings, properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties in coastal areas that may be affected by erosion.

Does Ipswich Building Society offer Equity Release?

Yes, Ipswich Building Society Equity Release is 2.03% APRC.

How much is it common to release from a home – flat roofs on houses

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

Equity Release Rates: A Comprehensive Guide

Lifetime Mortgage Rates

Equity release in the form of a lifetime mortgage allows homeowners to tap into the wealth tied up in their property without having to sell or move out. Here’s a deep dive into the mechanics of lifetime mortgage rates:

Understanding Lifetime Mortgage Rates

A lifetime mortgage involves taking out a loan secured against your home. The interest rate can either be fixed or variable. Unlike a traditional mortgage, you don’t have to make monthly repayments. Instead, the interest is typically rolled up, meaning it compounds over time and is repaid when the house is sold, either after your death or if you move into long-term care.

Fixed vs. Variable Rates

Just like any other mortgage product, lifetime mortgages come with either fixed or variable rates. Fixed rates mean the interest rate remains constant throughout the loan’s life, providing certainty about how much will be owed in the future. Variable rates, on the other hand, can fluctuate based on market conditions.

Implications of Rolling Interest

While rolling up the interest can be convenient since there are no monthly payments, it can also significantly increase the amount owed over time, especially if the duration of the loan is long. The compounded interest can quickly accumulate, reducing the equity left in your property.

Interest Only Lifetime Mortgage Rates

Unlike standard lifetime mortgages where interest gets rolled up, interest-only lifetime mortgages allow homeowners to make monthly interest payments. This means the amount borrowed remains the same throughout the loan’s term.

Benefits of Interest Only Arrangements

The major advantage of this scheme is that the overall debt doesn’t increase over time since you’re paying off the interest. This ensures that you retain more of your property’s value, benefiting any potential inheritors.

Criteria and Suitability

Lenders might have stricter criteria for interest-only lifetime mortgages due to the need for the borrower to prove they can make monthly interest payments.

Interest Only Retirement Mortgage Rates

These are somewhat similar to interest-only lifetime mortgages, but they cater specifically to retirees who have a stable post-retirement income.

Features of Interest Only Retirement Mortgages

Specific age criteria, typically targeting those over 60.
Repayment is made from the sale of the property, or when the homeowner passes away or moves into long-term care.
They often have a fixed term, like 10 or 15 years, after which they might revert to a roll-up interest system.

Retirement Mortgage Rates

Retirement mortgages are more traditional mortgages tailored for older individuals, allowing them to borrow into retirement.

Eligibility and Advantages

Retirement mortgages consider various income sources, including pensions, investments, and rental income. They offer flexibility for retirees and can be an alternative to equity release schemes.

Pensioner Mortgage Rates

Specifically designed for pensioners, these mortgages consider the unique financial circumstances of those in their post-working years.

Factors Influencing Rates for Pensioners

Age of the applicant.
Health conditions.
Expected lifespan (used to project the mortgage term).
Property value.

RIO Mortgage Rates

RIO, or Retirement Interest Only mortgages, are a newer offering in the market. They’re like interest-only mortgages but are designed for older borrowers.

Features and Benefits of RIO Mortgages

RIO mortgages don’t have a set term. Instead, they run for the rest of a borrower’s life or until they move into care. Only the interest is paid monthly, with the capital repaid upon the sale of the home.

Eligibility and Suitability and accessing the best equity release rates

Applicants usually need to be over 60 and demonstrate they can afford the monthly interest payments from their retirement income.

Release Equity

Equity release refers to the various ways you can unlock the equity tied up in your home without selling it.

Types of Equity Release

Lifetime Mortgages: Loan against the home’s value.
Home Reversion Plans: Selling a share of your home for a lump sum or regular payment.

Factors to Consider with retirement interest only mortgage rates

Equity release can be a helpful tool, but it’s crucial to consider the long-term implications, such as eroding the potential inheritance or affecting your tax position.

Retirement Interest Only Mortgages

As touched upon earlier, RIO mortgages allow retirees to pay just the interest on the loan, with the principal amount being repaid upon the sale of the property.

Why Choose a RIO?

RIOs can be suitable for those who don’t want the interest to roll-up and potentially consume the property’s equity. They can offer a more manageable way to harness property wealth without downsizing.

Assessing Suitability

With all these options, it’s essential to get financial advice tailored to your circumstances. Equity release and related products can provide financial flexibility in retirement, but understanding the intricacies and long-term implications is crucial. Ensure you’re making an informed choice by consulting with professionals and understanding the associated rates, terms, and conditions.

Lifetime Mortgage Interest Rates Over 60 and Equity Release Rates Over 70: An Insight into Flat Roofs

Introduction to Flat Roofs

The architecture of homes is vast and varied, with the flat roof being a popular choice for many. It offers a modern aesthetic and is often found in contemporary house designs and commercial buildings. But what is involved in flat roof construction, and how does this relate to the property value and equity release rates for homeowners?

Flat Roof Construction

Materials and Methods

There are multiple methods and materials used in constructing a flat roof, such as EPDM rubber, asphalt, and fibreglass. Among these, fibreglass roofing has surged in popularity, but it’s essential to be aware of the potential disadvantages of fibreglass roofing. It can sometimes be more expensive and requires regular maintenance.

Warm Roof Construction

A warm roof construction ensures that the insulation is above the roof structure, which keeps the entire structure warm. This method is energy-efficient and can help homeowners save on energy bills, indirectly affecting their financial standing as they reach retirement age.

Flat Roof Coverings

The choice of flat roof covering can significantly influence the roof’s longevity and maintenance needs. Common options include traditional roofing tar, modern EPDM membranes, and GRP or fibreglass sheets. The best material for a flat roof depends on the building’s specific requirements, the climate, and the budget.

Understanding the Flat Roof Design

Essential Features

A flat roof, contrary to its name, isn’t entirely flat. It has a slight pitch or slope to allow water drainage. The minimum fall for a flat roof typically ranges from 1 in 40 to 1 in 80. This fall ensures that water doesn’t pool on the roof, preventing leaks and extending the roof’s lifespan.

Cost Implications

The flat roof cost per m2 in the UK can vary based on the materials chosen and labour costs. For instance, a 3-layer felt roof cost per m2 may differ from a GRP flat roof cost per m2. Additionally, the intricacies of flat roof construction details, like the inclusion of a parapet or specific gutter details, can influence the final cost.

Inverted Roofs and Their Unique Construction

An inverted roof flips the order of materials, with the waterproofing layer placed beneath the insulation rather than above it. This structure can provide additional protection to the waterproofing membrane from physical damage and UV radiation.

The Life Expectancy of Flat Roofs

How Long Do Flat Roofs Last?

The longevity of a flat roof depends on several factors: the materials used, the quality of construction, and maintenance. For instance, a well-maintained fibreglass or EPDM roof can last over 25 years. However, traditional bitumen flat roofs might have a shorter lifespan.

Maintenance and Common Issues

Maintaining a flat roof is crucial for its longevity. Homeowners need to be vigilant about flat roof leaks, especially after heavy rain. A common issue with flat roofs is sitting water. If water remains on a roof (typically for more than 48 hours), it indicates poor drainage, which can lead to problems in the future.

Implications on Lifetime Mortgage Interest Rates Over 60

Property Value and Roof Quality

The quality of a home’s roof can influence its market value. A modern flat roof house in good condition might fetch a higher market price. For seniors looking into equity release options, the property’s value plays a crucial role in determining how much equity they can release.

Equity Release and Home Maintenance

For homeowners over 70 considering equity release, maintaining the home, including its roof, is often a requirement of the equity release agreement. Ensuring a flat roof is in good condition, with no leaks or structural issues, can smooth out the equity release process.

Equity Release Rates Over 70 and The Role of Property Condition

Assessing Property Value

When homeowners over 70 approach equity release providers, an essential step in the process is property valuation. Factors like the type of roofing, its age, and condition can play a role in this valuation. A well-maintained flat roof, for instance, can enhance property value, potentially leading to better equity release terms.

Mortgage Considerations with Flat Roofs

While flat roofs are common and accepted, some older designs or materials might pose concerns for mortgage lenders due to perceived shorter lifespans or potential maintenance issues. For homeowners over 60 considering a lifetime mortgage or other equity release products, understanding and addressing any potential roofing issues can be beneficial.

Conclusion

Flat roofs, with their modern appeal and efficient designs, are an integral part of many UK homes. Understanding their construction, maintenance, and cost implications is essential, especially for seniors considering equity release options. A well-maintained roof not only protects the home but can also positively impact property value and equity release

terms.

Flat Roof Variations and Innovations

Modern Flat Roof Homes

In recent years, the aesthetics of flat roofs have undergone a transformation. The modern flat roof offers clean lines, creating a minimalist look, making them increasingly popular for contemporary homes. Additionally, innovations such as rooftop gardens and solar panel installations are more feasible with flat roofs.

Flat Roof Extensions and Adaptations

Flat roofs aren’t limited to the primary structure of a house. Many homeowners choose to have flat-roofed extensions, such as sunrooms or added living spaces. This versatility allows homeowners to expand their living space without drastically altering the house’s original design.

Environmental Benefits

Flat roofs offer opportunities for sustainable and green initiatives. From rainwater harvesting systems to rooftop gardens, these roofs can be optimised to promote environmental sustainability. Moreover, their horizontal structure makes them ideal for solar panel installations, allowing homeowners to generate renewable energy and reduce utility costs.

The Financial Implications of Roof Choices

Cost-Effectiveness of Flat Roofing

When compared to pitched or sloped roofs, flat roofs can be more cost-effective due to reduced materials and sometimes labour costs. This cost-effectiveness can appeal to homeowners looking to manage their finances as they approach retirement.

Impact on Equity Release Rates Over 70

The property’s overall condition, which includes the state of the roof, can influence equity release rates. Homes with modern flat roof designs in good condition might fetch better rates than those needing significant roof repairs.

Equity and Roof Lifespan

Given the potential longevity of flat roofs when maintained properly, homeowners can see long-term financial benefits. The reduced need for frequent replacements or repairs means that homeowners can maintain or even increase their property value, leading to potentially better equity release terms in the future.

Addressing Flat Roof Myths and Concerns

Debunking Misconceptions

Some misconceptions persist about flat roofs, such as their supposed short lifespan and propensity for leaks. However, with advances in flat roof materials and construction methods, many of these concerns are outdated. For instance, materials like EPDM and modern fibreglass have considerably extended the life expectancy of flat roofs.

Choosing the Right Flat Roof Material

With various flat roof materials available, homeowners must make an informed choice. Factors to consider include the material’s lifespan, maintenance needs, and cost. For instance, while roofing tar might be a traditional choice, EPDM shed roofs or GRP roofing sheets may offer better longevity and durability.

Weather Considerations

One common concern is how flat roofs hold up in different weather conditions. In regions with heavy rainfall, ensuring proper drainage is crucial. For areas with significant snowfall, ensuring the roof can handle the weight and using materials that provide insulation becomes paramount.

Final Insights on Flat Roofs and Equity Release

For homeowners over 60 and especially those over 70, understanding the intricacies of their property, including the specifics of their flat roofs, is crucial when considering equity release. A well-maintained flat roof can positively impact property valuation, potentially leading to more favourable equity release rates.

As the financial landscape for retirees evolves, being informed and proactive about all property aspects, from the type of roof to its material and condition, can position homeowners advantageously in their later years. Flat roofs, with their versatility and modern appeal, are more than just a design choice; they can be a sound financial decision for the future.

Understanding Lifetime Mortgage Interest Rates Over 60 and Equity Release Rates Over 70 in the UK

The UK property market and the equity release sector have seen significant transformations over the decades. These changes have been influenced not only by economic factors but also by architectural trends. One such trend that has been at the forefront of property designs and renovations is the use of flat roofs. This document delves deep into understanding flat roofing, its impact on property valuation, and the implications it may have on lifetime mortgage interest rates for those over 60, as well as equity release rates for homeowners over 70.

The Basics of Flat Roofing

Different Types of Flat Roofs

Flat roofs, contrary to their name, are not entirely flat. They have a slight pitch to allow for drainage. Over the years, various materials have been utilised to achieve this design. Some of the popular types of flat roofs include:

Tar and Gravel Roofs: Historically, these were the most commonly used, with alternating layers of asphalt or tar, and river stone.
EPDM Membranes: Ethylene propylene diene terpolymer is a synthetic rubber material known for its durability and longevity.
Metal Flat Roofs: These provide durability and can be aesthetically pleasing, especially when using materials like copper.

Flat Roofing Material Considerations

The choice of flat roofing material can significantly impact the maintenance requirements, lifespan, and overall performance of the roof. Some factors homeowners consider are:

Durability: How long the roofing material will last without needing major repairs.
Cost: Including both the initial outlay and the long-term maintenance costs.
Weather Resistance: Especially critical in the UK with its variable weather patterns. Materials like EPDM are known for their resistance to extreme conditions.
Ease of Installation: Whether special tools or expertise are required.

Flat Roof Construction Details

While the aesthetics and material are crucial, the construction details of a flat roof also play a pivotal role in its efficiency and durability. These include aspects such as insulation, vapour barriers, and drainage systems.

Warm Roof Construction Details

A warm roof is a construction method where insulation is placed on top of the roof structure, ensuring the entire roof area is insulated. This contrasts with a ‘cold roof’ where insulation is placed between the rafters. A warm roof offers better thermal efficiency and is commonly used in modern flat roof constructions in the UK.

Inverted Warm Roof

In an inverted warm roof construction, the insulation is placed above the waterproofing layer, effectively protecting it from temperature fluctuations. This can extend the life of the waterproofing membrane.

Felt Roof Edge Detail and EPDM Edge Trims

Ensuring proper detailing at the edges of a flat roof is essential to prevent water ingress and improve longevity. Whether using traditional felt roofing or modern EPDM membranes, the edges need special attention during installation.

Cost Considerations for Flat Roofs

Initial Costs and Longevity

While some flat roof materials might be more expensive initially, they may offer longer lifespans, thus providing better value over time. For instance, while the felt roof cost per m2 might be lower than an EPDM or metal flat roof, the latter materials might require fewer repairs and replacements over their lifetime.

Impact on Lifetime Mortgage Interest Rates Over 60

The overall condition and quality of a property, including its roof, play a role in determining lifetime mortgage interest rates. For those over 60 considering this financial option, understanding how different roof types might impact valuations can be crucial.

Equity Release Implications for Homeowners Over 70

For those over 70 considering equity release, the property’s valuation is central to the amount that can be released. A flat roof in good condition, constructed with high-quality materials and detailing like flat roof edge details, can enhance a property’s valuation.

Factors Affecting Equity Release Valuations

Equity release providers will consider various factors when valuating a property. These include the overall state of the property, recent renovations, and the quality and condition of key structural elements like the roof.

Advantages and Challenges of Flat Roofs

Benefits of Flat Roof Designs

Flat roofs offer numerous advantages:

Versatility: Flat roofs provide extra usable space, ideal for roof gardens or solar panels.
Modern Aesthetics: They offer a contemporary look that can enhance the architectural appeal of a property.
Cost-Effectiveness: With potentially lower installation and repair costs, they can be more economical over the long term.

Common Challenges and Solutions

Drainage Issues: Ensuring adequate drainage prevents water pooling. This involves achieving the right flat roof slope and using materials like roof chippings to enhance drainage.
Maintenance: Regular checks, especially after heavy rains or snow, can prevent long-term issues.
Insulation: Achieving the right insulation, especially in warm roof constructions, ensures energy efficiency.

Converting Flat Roofs

Some homeowners opt to convert their flat roofs to pitched roofs, while others might replace an older flat roof with a more modern solution. These decisions can be influenced by factors like aesthetic preferences, maintenance considerations, or even the potential impact on property value and associated financial implications like equity release rates.

In summary, flat roofs, when properly chosen and maintained, can offer both aesthetic and functional benefits to a property. For homeowners, especially those over 60 or 70 in the UK, understanding the intricacies of their property and its impact on financial products like lifetime mortgages or equity release is essential. Properly constructed and maintained flat roofs can potentially enhance property valuations, offering homeowners better financial terms and greater peace of mind.

Do Ipswich Building Society do Pensioner Mortgages?

Yes, Ipswich Building Society Pensioner Mortgages are 2.08% APR.

Hard to mortgage property types can include difficult roof structures, properties with any externally applied insulation to the walls after construction, properties constructed or converted within the past 10 years, privately developed flats in blocks of two storeys without a lift and freehold flats (England, Wales, Northern Ireland).

Lenders for UK Equity Release with flat roof extension construction – flat roofs

Sun life Plans for flat roofing
Bridgewater flat roofing construction
Age Concern flat roof system

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

Difficult to mortgage home types can include properties currently undergoing substantial alterations, extensions or repairs, age restricted properties, right to buy – properties in Scotland, leasehold properties (with the exception of flats and maisonettes) and properties with leased solar panels.

Common LTV ratios of Virgin Money over 60 mortgages, Shepherds Friendly mortgages for people over 50, Leeds Building Society pensioner mortgages over 70s, Skipton Building Society interest only mortgages for over 65 year olds, West Bromwich Building Society pensioner mortgages over 55 and Progressive Building Society mortgages over 70s are 50%, 55% and 70%.

Does Ipswich Building Society offer Retirement Mortgages?

Yes, Ipswich Building Society Retirement Mortgages are 1.9% MER.

Common loan to value ratios of Liverpool Victoria lifetime mortgages for over 60s, More to life interest only lifetime mortgages for people over 60, One Family retirement interest only mortgages over 75, YBS retirement interest only mortgages over 60, Principality Building Society retirement interest only mortgages over 75 and Sun Life pensioner mortgages over 55 are 40%, 55% and 70%.

Do Ipswich Building Society do Equity Release Under 55?

Yes, Ipswich Building Society Equity Release Under 55 is 1.89% APR.

Pitfalls of Lifetime Mortgages – flat roof house

Lump sum lifetime mortgages can reduce the inheritance for your family. A monthly payment lifetime mortgage may impact entitlements to benefits. You may need to pay a legal fee and you could have higher rates to pay with some schemes.

Some of the most popular loan to values of Lloyds Bank pensioner mortgages over 70s, Barclays interest only lifetime mortgages for over 60s, Halifax interest only retirement mortgages for over 70s, L&G mortgages for pensioners over 60, Royal Bank of Scotland RIO mortgages over 75 and Nationwide equity release schemes for over 55’s are 45%, 60% and 65%.

Many of the most appealing pensioner loan products are Lloyds Bank mortgages for people over 50, pensioner mortgages, Halifax over 60 mortgages, Legal & General over 60 lifetime mortgages and Nationwide Building Society mortgages for people over 50.

Non-Standard Property Home Index

Do Ipswich Building Society do Lifetime Mortgages?

Yes, Ipswich Building Society do lifetime mortgages at 1.95% APR. Ipswich Building Society Lifetime Mortgages can have a loan to value (ltv) of 75%. Flat roof repairs can be very expensive and parapet walls can cause a similar problem. EPDM roofing is a flat roof system that could need flat roof repair.

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