- Remove tax-free cash from your property with a Halifax pensioner mortgage
- Not necessary to make regular monthly payments unless you want to pay just interest
- Help a family member buy their own home with a smaller mortgage
- Still, have a few more mortgages payments to make? No problems
- Continue to live in your own property
Halifax Mortgages for over 70s – examples include younger people
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 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.
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.
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.
Ms G from Dover
I divorced my husband who was a violent alcoholic. I really feared losing my home as I sometimes look after my daughter’s children. Equity release enabled me to pay off my ex and stay secure in my home.
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.
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.
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.
Business owners who could benefit from Halifax mortgages for over 70s estate planning
- Growing of grapes Newbiggin-by-the-Sea
- Non-specialised wholesale trade Bury
- Manufacture of other non-metallic mineral products n e c Wragby
- Manufacture of compressors Hastings
- Repair of machinery New Alresford
- Retail sale of musical instruments and scores Southgate
- The casting of other non-ferrous metals New Milton
- Manufacture of agricultural and forestry machinery other than tractors Stanhope
- Opencast coal working Fleetwood
- Manufacture of other builders’ carpentry and joinery Corsham
- Manufacture of imitation jewellery and related articles Penwortham
- Manufacture of doors and windows of metal Hertford
- Manufacture of sports goods Sprowston
- Retail sale of hearing aids Moreton-in-Marsh
- Operation of bus and coach passenger facilities at bus and coach stations Ampthill
- Support activities for crop production South Brent
- Wholesale of petroleum and petroleum products Silsden
- Other engineering activities Reading
Similar products to Halifax mortgages for over 70s
- Aviva Equity Release Plans
- Just Retirement Equity Release Schemes
- More2Life Tailored Choice Plan
- Halifax Mortgages for over 70s
- Pure Retirement Drawdown Plan
- Stonehaven Interest Only Lifetime Mortgage
- Lloyds Bank Equity Release Schemes
- TSB Lifetime Interest Only Mortgage
- Royal Bank of Scotland Lifetime Mortgage
- Saga Equity Release Plans
- Aviva Flexible Voluntary Repayment Plan
- Hodge Equity Release Plans
- Stonehaven Lifetime Mortgage
- TSB Lifetime Interest Only Mortgage
- NatWest Equity Release Plans
- Saga home reversion schemes
- HSBC Interest Only Lifetime Mortgage
- NatWest Equity Release
- Just Retirement Equity Release
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Pure Retirement Lifetime Mortgage
- HSBC Equity Release
UK Equity Release Scheme Providers
- Sunlife Plans
- Norwich Union
- Lifetime Mortgage from L&G
Pitfalls of Lifetime Mortgages
Interest-only lifetime mortgages can reduce your estate value. A monthly payment lifetime mortgage may impact the ability to claim entitlements. You may need to pay a legal fee and some products expose you to changes in interest rates.
Legal and General Lifetime Mortgages
One Family Retirement Mortgages
Halifax pensioner mortgage Loan To Value comparison
- 60% monthly payment lifetime mortgage Aegon
- 65% Halifax pensioner mortgage
- 60% ltv Halifax Mortgages for over 70s
- 60% loan to value (LTV) monthly payment equity release Paragon Personal Finance
- 25% loan to value lifetime mortgage with flexible drawdown cash release Evolution Money
- Voluntary Payments Equity Release Reviews
- Prc Property
- HSBC Lifetime Mortgage Interest Only Uk
- Mortgages Over 65
- Living Near Electricity Pylons Facts
- Liverpool Victoria Lifetime Mortgage Interest Only
- Monmouthshire Building Society Pensioner Mortgage Calculator
- Shared Equity Release Interest Only
- Mortgages For The Over 70S
- Ecology Building Society Interest Only Mortgage
- No Credit Check Over 50 Mortgage
- Single Skin Brickwork Retirement Mortgage
- Equity Release Bank Of Scotland
- Lloyds Bank Interest Only Lifetime Mortgage Loan
- Short Lease Mortgage Providers
- Progressive Building Society Over 75 Mortgage
- Vernon Building Society Mortgage Rates 2021
- Bridgewater Equity Release Comparison
- Lloyds Lifetime Interest Only Mortgage Home
- Buckinghamshire Building Society Equity Release
- HSBC Retirement Mortgage Reviews
- Lv Equity Release Best Rates
- Halifax Mortgages For Over 65S
- Lloyds Bank Pensioner Mortgage Interest Only
- Ni Later Life Mortgages
- Bath Building Society Equity Release Providers
- Hodge Lifetime Later Life Mortgages
- Rbs Lifetime Mortgage Rates 2021
- Flying Freehold Mortgage
- Buy To Let Equity Release Schemes
- Manchester Building Society Pensioner Mortgage
- HSBC Pensioner Mortgage Calculator
- Coventry Building Society Lifetime Mortgage
- Lloyds Bank Lifetime Mortgage Buy To Let
- House Failed Environmental Search
- Natwest Pensioner Mortgage No Credit Check
- West Bromwich Building Society Retirement Mortgage
- Rbs Equity Release Broker
- Harpenden Building Society Later Life Mortgages
- Natwest Retirement Mortgage Providers
- Short Leasehold Mortgage Rates 2021
- Principality Building Society Pensioner Mortgage
- Saffron Building Society Lifetime Mortgage
- Stafford Railway Building Society No Fees
- Mortgages For Retirees
- Chorley Building Society Interest Rates
- Sunlife Lifetime Over 75 Mortgage
- Beverley Bs Equity Release Age
- Furness Building Society Over 75 Mortgage
- Santander Equity Release Best Deals
- Santander Lifetime Mortgage Maximum Ltv
Towns where retirement mortgages are routine
- Earley
- Nuneaton
- Hexham
- Hartland
- Oakham
- Chipping Campden
- Ollerton and Boughton
- Lymington
- Dudley
- Rye
- Corringham
- Pocklington
- Northam
- Plympton
- Ormskirk
- Bingham
- Bourne
The lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an AST Tenant.
What percentage can be released with Halifax Mortgages for over 70s?
The more elderly you are and the unhealthier you are the more cash you can release.
It is very regular to discover individuals looking for home reversion schemes, monthly payment lifetime mortgage or home reversion schemes, however, Key Retirement like The Exeter Equity Release are keen to see paperwork to show your circumstances in the form of pension statements.
