- Remove tax-free money from your home
- No monthly repayments
- Use the money you release for anything you like
- Continue to stay in your house for as long as you like
Aviva Equity Release
Canada Life Mortgages
Crown Equity Release
Hodge Lifetime Retirement Mortgages
LV
Hodge Lifetime
It’s common to find individuals looking for monthly payment equity release, lumpsum lifetime mortgages or home reversion plans. However, Key Retirement like Fortify Insurance Solutions is keen to see paperwork to show your circumstances in the form of pension statements.
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 Primary Residence.
Equity Release Scheme Providers
- Key Retirement
- Prudential Lifetime
- Key Solutions
- Crown
- Legal and General
- Liverpool Vistoria LV LVE
- Aviva Equity Release Plans
- Bridgewater Equity Release Plans
- Just retirement defined benefit
- Liverpool Victoria LV Equity Release Schemes
- Pure Retirement Classic Voluntary Payment Super Lite
- Nationwide Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Saga Lifetime Mortgage
- Aviva Lifestyle Flexible Option
- Bridgewater Equity Release
- Just Retirement Equity Release Plans
- Liverpool Victoria LV Equity Release Plans
- Pure Retirement Drawdown Plan
- Nationwide Equity Release
- Lloyds Bank Lifetime Mortgage
- Saga Lifetime Mortgage
- Age Partnership Equity Release Plans
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- TSB Lifetime Interest Only Mortgage
- Aviva Equity Release Plans
- Just retirement defined benefit
- Liverpool Victoria LV Equity Release Plans
- More2Life Capital Choice Plan
- NatWest Equity Release Schemes
How much is it common to release from a home
- 55% monthly payment life time mortgage Royal London Equity Release
- 35% loan to value interest-only lifetime mortgages One Family
- 25% loan to value lump sum lifetime mortgages Beverley
Equity Release LTV Percentages
The more elderly you are and the sicker you are, the more money you can release.
Areas where retirement mortgages are common
- Seaham
- Featherstone
- Lyme Regis
- Eccles
- Greater Willington
- Weymouth
- Leek
- Bridgwater
- Ashburton
- Watlington
- Uppingham
Equity release is standard among small business owners like below
- Publishing of computer games Telscombe
- Manufacture of other carpets and rugs Poynton-with-Worth
- Wholesale of dairy products, eggs and edible oils and fats Hartland
- Library activities Chertsey
- Operation of gravel and sand pits; mining of clays and kaolin Nantwich
- Wholesale of radio, television goods & electrical household appliances other than records, tapes, CD’s & videotapes and the equipment used for playing them Flitwick
- Wholesale of flowers and plants Elstree and Borehamwood
- Retail sale by opticians Soham
- Freshwater aquaculture Bourne
- Other amusement and recreation activities n e c Wotton-under-Edge
- Renting and operating of Housing Association real estate Rushden
- Activities of mortgage finance companies Ellesmere
- Licensed clubs Haywards Heath
- Leasing of intellectual property and similar products, except copyright, works Wolverton and Greenleys
- Operation of warehousing and storage facilities for water transport activities Slough
- Other holiday and other collective accommodation Lechlade
- Deep coal mines Hadleigh
- Renting and leasing of cars and light motor vehicles Epping
Drawbacks of Home Reversion Schemes
Lifetime mortgage with flexible drawdown cash release can reduce the value of your estate. Interest-only lifetime mortgages may impact the ability to claim entitlements. You may need to pay a broker’s fee, and you could have higher rates to pay with some schemes.
