- Release tax-free money from your house
- No need to make monthly payments
- Buy a family member a home without a mortgage
- Continue to stay in your property for as long as you like
The 1st and 2nd charge 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 Assured shorthold tenancy tenant.
It is very regular to encounter people searching for monthly payment lifetime mortgage, lump sum life time mortgages or lifetime mortgage with flexible drawdown cash release, however, More2Life like VitalityLife Equity Release are keen to see evidence of your situation in the form of bank statements.
Aviva Drawdown Lifetime Mortgages
Crown
One Family Retirement Mortgages
LV Equity Release
Aviva Equity Release
Downsides of Equity Release Schemes
Monthly payment lifetime mortgage can reduce the value of your estate. Monthly payment lifetime mortgage may impact ability to claim entitlements. You may need to pay a valuation fee and you could be exposed to changes in interest rates with some products.
Small business owners detail likely with equity to release from their homes
- Wholesale of furniture, carpets and lighting equipment Malton
- Banks Chard
- Logging East Cowes
- Repair of consumer electronics Halifax
- Manufacture of other plastic products Olney
- Manufacture of plastics in primary forms Dereham
- Repair of footwear and leather goods Bury
- Raising of sheep and goats Sprowston
- Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Braintree
- Driving school activities Burnham-on-Sea
- Manufacture and processing of other glass, including technical glassware Tonbridge
- Wholesale of china and glassware and cleaning materials Buckfastleigh
- Renting and leasing of office machinery and equipment including computers Leyland
- Production of meat and poultry meat products North Hykeham
- Operation of gravel and sand pits; mining of clays and kaolin Haslingden
- Building societies Shanklin
- Financial intermediation not elsewhere classified Broughton
- Retail sale of books in specialised stores Bulwell
Equity Release LTV
The more aged you are and the unhealthier you are the more money you can release.
UK Providers for Equity Release
- Key Retirement
- Stonehaven Mortgage
- Just Retirement
- Aviva Equity Release Schemes
- Canada Life Interest Select Gold Flexi
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Lloyds Bank Equity Release
- Royal Bank of Scotland Lifetime Mortgage
- Saga Equity Release Plans
- Age Partnership Interest Only Lifetime Mortgage
- L&G Legal & General Flexible Lifetime Mortgage
- Liverpool Victoria LV Equity Release
- NatWest Lifetime Mortgage
- Hodge Equity Release Schemes
- Liverpool Victoria LV Equity Release Plans
- Pure Retirement Equity Release
- Nationwide Interest Only Lifetime Mortgage
- More to Life Capital Choice Plan
- Royal Bank of Scotland Interest Only Lifetime Mortgage
- Saga Equity Release Plans
- Hodge Equity Release Plans
- Lloyds Bank Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Royal Bank of Scotland Equity Release Schemes
- More 2 Life Tailored Choice Plan
Equity Release percentages of your current property value
- 50% interest-only lifetime mortgages LV Liverpool Victoria
- 55% LTV home reversion plans Legal and General
- 50% loan to value monthly payment lifetime mortgage Just Retirement
- 25% loan to value interest-only lifetime mortgages West Bromwich Building Society
Areas of the UK where Lifetime Mortgages are popular
- Chagford
- Colne
- Thrapston
- Pontefract
- Scunthorpe
- Verwood
- Cockermouth
- Calne
- Long Sutton
- Woking
- Ledbury
- Tickhill
- Raunds
