- Remove tax-free cash from your property
- No need to make regular monthly payments
- Help a member of your family buy their own home that they couldn’t afford otherwise
- Stay living in your own home for as long as you like
Crown
One Family
Just Mortgages
LV Lifetime Mortgages
Aviva Retirement Mortgages
Its very regular to find people seeking out home reversion plans, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Legal and General like Legal & General are keen to see proof of your personal circumstances in the form of bank statements.
How much is it common to release from a home
- 55% monthly payment lifetime mortgage AA equity release
- 60% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Just Retirement
- 25% loan to value (LTV) monthly payment lifetime mortgage United Trust Bank
- 30% loan to value monthly payment lifetime mortgage Principality
- 50% loan to value monthly payment equity release Just Retirement
- 35% loan to value monthly payment lifetime mortgage Pepper
- 30% loan to value lumpsum lifetime mortgages Norton Home Loans
Towns of the UK where Lifetime Mortgages are common
- Leigh
- Kirkby Stephen
- Faringdon
- Sandbach
- Wath-upon-Dearne
- Seaford
- Chard
- Bridport
- St Austell
- Great Yarmouth
- Craven Arms
- Hedon
- Bewdley
- Ilkley
- Hednesford
The lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Owner Occupier.
- More 2 Life Flexi Choice Drawdown Lite Plan
- Lloyds Bank Equity Release Plans
- TSB Equity Release
- NatWest Equity Release Plans
- Bridgewater Equity Release
- More2Life Capital Choice Plan
- Pure Retirement Classic Drawdown Lite Plan
- More 2 Life Capital Choice Plus Plan
- Age Partnership Lifetime Mortgage
- Bridgewater Lifetime Mortgage
- Liverpool Victoria LV Equity Release Plans
- Pure Retirement Equity Release
- Stonehaven Equity Release
- Lloyds Bank Equity Release Plans
- TSB Equity Release Schemes
- NatWest Equity Release Plans
- Royal Bank of Scotland Lifetime Mortgage
- Aviva Equity Release
- More2Life Capital Choice Plan
How much is it common to release from a home
The older you are and the more serious your illnesses you are the more tax free cash you can release.
Equity Release Scheme Lenders
- Just Retirement
- Norwich Union
- Sunlife Plans
- Pure Retirement
Pitfalls of Equity Release Schemes
Lumpsum lifetime mortgages can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.
Successful business owners who could benefit from Home Reversion Scheme tax planning
- Licensed clubs High Wycombe
- Residential care activities for the elderly and disabled Stony Stratford
- Tea processing Redenhall with Harleston
- Combined facilities support activities Otley
- Retail sale of leather goods in specialised stores Southsea
- Manufacture of irradiation, electromedical and electrotherapeutic equipment Rothbury
- Repair and maintenance of ships and boats Totton and Eling
- Other retail sale not in stores, stalls or markets Staveley
- Manufacture of coke oven products Stainforth
- Manufacture of glues Wickwar
- Renting and leasing of freight air transport equipment Bingham
- Manufacture of tubes, pipes, hollow profiles and related fittings, of steel Painswick
- Growing of tobacco Haslemere
- Veterinary activities Warminster
- Operation of bus and coach passenger facilities at bus and coach stations Burslem
- Construction of railways and underground railways Swanley
- Striking of coins Stalham
- Other software publishing Ormskirk
