- Release cash from your flat even if it’s above a commercial premises
- Ideal for flats above shops or other commercial property
- Variable rates 1.98% and fixed rates 2.56%
- No need to make monthly payments unless you want to make a payment
- Use the money to pay off debts
- Could be used to help tax planning
Buying a self contained flat above a late night shop
Finding a mortgage lender and getting a mortgage above a shop may be more difficult than say a normal freehold detached house. Your likely to need a different bank or building society that is a specialist to get mortgages near commercial premises.
It is usual to encounter people seeking out lump sum lifetime mortgages, monthly payment lifetime mortgage or home reversion plans, however, More2Life like The Exeter Equity Release are keen to see evidence of your circumstances in the form of pension statements.
- Bad Credit Rating
- Subsidence Repair Costs
- Equity Release Companies
- Nationwide Equity Release Plans
- Buying With Lifetime Mortgage
- Modern Timber Frame Equity Loan
- Crown Equity Release Loan
- HSBC Equity Release From Property
- Retirement Interest Only Mortgages Nationwide
- Barnsley Building Society Equity Release Home
- Natwest Equity Release
- Newcastle Building Society Equity Loan
- Natwest Retirement Mortgage Home
- Rbs Retirement Mortgage Comparison
- Age Partnership Equity Release Rates 2021
- Rbs Equity Release Advice
- Melton Mowbray Building Society Over 75 Mortgage
- Skipton Building Society Over 75 Mortgage
- Edinburgh Mortgage Rates 2021
- Cambridge Building Society Huntingdon
- Lloyds Bank Retirement Mortgages Providers
- Reverse Mortgage Spain
- Canada Life Equity Release Adviser
- Aviva Equity Release Interest Rates
- Nationwide Mortgage Age Limit
- Natwest Lifetime Mortgage Fixed Rate
- Property Flood Risk
- Santander Interest Only Lifetime Mortgage Uk
- Mortgage For Over 55
- Equity Release Mortgage Property With Over 15 Acres
- Beverley Bs Equity Release Calculator
- Lloyds Bank Pensioner Mortgage Interest Rates
- Natwest Mortgage Annex
- Japanese Knotweed Identification
- Mansfield Building Society Pensioner Mortgage Calculator
- Manchester Building Society Pensioner Mortgage Calculator
- Nationwide Mortgage Age Limit
- Marsden Building Society Mortgage Rates 2021
- No Credit Check Over 75 Mortgage
- Halifax Lifetime Mortgage Rates 2021
Smaller Building Societies and Lenders
- Harpenden Building Society Interest Only Lifetime Mortgage
- Ecology Building Society Over 60 Mortgage
- Pensioner Mortgages
- Ni Pensioner Mortgage
- Mortgages For Over 55S
Large banks and Building Societies
- Living Near Power Lines What’S The Risk
- HSBC Later Life Mortgages
- The Nottingham Building Society
- Market Harborough Building Society Lifetime Mortgage
- Principality Building Society Retirement Mortgage
Age-related offers
- Bath Building Society Equity Release Interest Rate
- Age 50 Equity Release Interest Rates
- Lloyds Pensioner Mortgage Rates 2021
- HSBC Retirement Mortgage Reviews
Equity Release LTV
- 60% home reversion schemes The Exeter Equity Release
- 60% loan to value home reversion plans Age Partnership
- 60% LTV monthly payment equity release Together Money
- 50% loan to value lump sum lifetime mortgages Key Retirement
- 35% loan to value monthly payment lifetime mortgage Prudential
- 35% loan to value (LTV) lumpsum lifetime mortgages 1st Stop Home Loans
- More 2 Life Capital Choice Plus Plan
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- Bridgewater Lifetime Mortgage
- More2Life Capital Choice Plan
- L&G Legal & General Premier Flexible Lifetime Mortgage
- Royal Bank of Scotland Lifetime Mortgage
- Saga Lifetime Mortgage
- Bridgewater Equity Release
- Canada Life Prestige Flexi Option
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Aviva Equity Release Plans
- TSB Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Royal Bank of Scotland Lifetime Mortgage
Pure Retirement Drawdown Lifetime Mortgages
Downsides of Home Reversion Plans
A monthly payment lifetime mortgage can reduce your estate value. Lump-sum lifetime mortgages may impact the ability to get state benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Owner Occupier.
Business owners who could benefit from equity release estate planning
- Treatment and coating of metals Long Sutton
- Manufacture of electrical and electronic equipment for motor vehicles and their engines Nelson
- Electrical installation Ponteland
- Other retail sales in non-specialised stores Eye
- Recreational vehicle parks, trailer parks and camping grounds Conisbrough
- Manufacture of batteries and accumulators Petersfield
- Manufacture of office and shop furniture Mablethorpe and Sutton
- Other food services Immingham
- Sale of other motor vehicles Sudbury
- Wholesale of audio tapes, records, CDs and videotapes and the equipment on which these are played Malton
- Video distribution activities Harworth and Bircotes
- Security and commodity contracts dealing activities Pudsey
- Manufacture of leather clothes Middlesbrough
- Manufacture of steel drums and similar containers Crowle
- Real estate agencies Blackrod
- Pre-press and pre-media services Downham Market
- Activities of collection agencies Ashby Woulds
- Manufacture of plastics in primary forms Bolsover
Towns of the UK where equity release is popular
- Burnham-on-Sea
- Haywards Heath
- Sevenoaks
- Sutton
- Cirencester
- Warminster
- Guisborough
- Colchester
- Crowland
- Newport Pagnell
- Brighouse
Lenders for Equity Release
- Aviva
- Step Change
- More2Life
- Stonehaven Mortgage
- Zurich
Equity Release Loan To Value
The older you are and the more serious your illnesses you are the more money you can release.
Equity release is idea for flats part of a semi-commercial property, mixed-use titles and commercial property nearby.
