Live in a High-rise flat over 6th floor and need equity release?

high-rise

  • Release equity from your high rise flat
  • Other difficult property types are accepted
  • No need to make regular monthly payments
  • Help a family member buy their own home with a smaller mortgage
  • Still, have a few more mortgages payments to make? We can help with that
  • Stay living in your own house
  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

  • Date Format: DD dash MM dash YYYY
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Putney Home
Putney Home
Old money home

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier Primary Residence.

Downsides of Interest Only Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the inheritance for your family. A monthly payment lifetime mortgage may impact the ability to claim benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.

Pure Retirement - Classic Lite

Just Retirement - Roll-Up Lifetime Mortgage

Just lifetime mortgage

Legal & General - Premier Flexible Black

Coventry Building Society Over 60 Mortgage

  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Pure Retirement Lifetime Mortgage
  • HSBC Interest Only Lifetime Mortgage
  • TSB Lifetime Mortgage
  • More2Life Tailored Choice Plan
  • Hodge Equity Release Schemes
  • Just Retirement Equity Release Plans
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • HSBC Equity Release
  • NatWest Equity Release
  • More2Life Capital Choice Plus Plan
  • Bridgewater Lifetime Mortgage
  • Just retirement defined benefit
  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • Stonehaven Equity Release
  • Lloyds Bank Lifetime Mortgage
  • Nationwide Equity Release
  • NatWest Equity Release Plans

 

Areas where retirement mortgages are popular

  • Southborough
  • Whaley Bridge
  • Batley
  • Hemsworth
  • Wilmslow
  • Southam
  • Stotfold
  • Hemel Hempstead
  • Loughborough
  • Padiham
  • Alford
  • Thornbury
  • Rowley Regis
  • Birkenhead

 

 

Retired business owners that may be interested in lifetime mortgages

  • Retail sale of books in specialised stores Broughton
  • Growing of rice Whitby
  • Manufacture of gas Hayle
  • Manufacture of other fabricated metal products n e c Ashby Woulds
  • Manufacture of oils and fats Clay Cross
  • Manufacture of imitation jewellery and related articles Wickwar
  • Wholesale of coffee, tea, cocoa and spices Pontefract
  • Manufacture of pulp Torpoint
  • Printing of newspapers New Mills
  • Site preparation Ferryhill
  • Manufacture of non-electronic measuring, testing etc equipment, not for industrial process control Bedworth
  • Manufacture of air and spacecraft and related machinery Warrington
  • Hospital activities Newport
  • Renting and leasing of agricultural machinery and equipment Stroud
  • Web portals Malmesbury
  • Television programme production activities Tottenham
  • Other human health activities Wellington
  • Activities of investment trusts Ross-on-Wye

Its usual to discover people searching for lifetime mortgage with flexible drawdown cash release, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Lifetime Mortgage from L&G like Legal & General are keen to see paperwork to show your circumstances in the form of investment statements.

How much is it common to release from a home

  • 50% home reversion plans Maximum cover Equity Release
  • 60% loan to value interest-only lifetime mortgages Lifetime Mortgage from L&G
  • 30% loan to value lump sum lifetime mortgages Central Trust
  • 50% loan to value monthly payment lifetime mortgage 1st Stop Home Loans
  • 40% loan to value (LTV) lump sum lifetime mortgages Shawbrook

Aviva Mortgages

Crown Lifetime Mortgages

LV Retirement Mortgages

 

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.

Coventry Building Society Lifetime Mortgage

 

Lenders for UK Equity Release

  • Just Retirement
  • LV equity release
  • Just Retirement
  • LV equity release

 

We accept the properties of Standard and Modern Methods of Construction (MMC).

The following methods of construction are maybe acceptable:

Any property of Easiform construction.
Any property containing mundic concrete.
Any property containing no-fines concrete.
Flats or maisonettes in blocks exceeding 20 storeys.
Grade 1 listed buildings in England and Wales / Grades A and B in Scotland.
Mobile homes and houseboats.
Properties constructed with high-alumina cement, timber-framed property with no brick skin or 100% steel or timber-framed property.
High rise developments.
Property designated defective under Part XVI Housing Act 1985, Housing (Scotland) Act 1987 or Pre-Cast Reinforced Concrete (PRC) property (irrespective of whether repaired under a licence repair scheme).