- Remove tax-free equity from your house
- No regular monthly repayments
- Help your family to buy a house
- Continue to live in your own property
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat, and if the resident is an AST Tenant.
Successful business owners who could benefit from equity release estate planning
- Manufacture of tools Whitworth
- Operation of sports facilities Stalham
- Manufacture of optical precision instruments Darley Dale
- The weaving of textiles Honiton
- Aluminium production Chipping Campden
- Manufacture of imitation jewellery and related articles Kirkby Stephen
- Holiday centres and villages Rochester
- Non-trading company Enfield
- Artistic creation St Ives
- Sale of used cars and light motor vehicles Carlton Colville
- Retail sale of sports goods, fishing gear, camping goods, boats and bicycles Winchelsea
- Non-life reinsurance Long Sutton
- Other manufacturing n e c Coleshill
- Growing of cereals except for rice, leguminous crops and oil seeds Lydney
- Processing and preserving of poultry meat Wickwar
- Repair of machinery Westhoughton
- First-degree level higher education Maryport
- Repair of electronic and optical equipment Leyton
Equity Release LTV Percentages
The older you are and the more serious your illnesses you are, the more tax-free cash you can release.
Areas in the UK where retirement mortgages are common
- Aldeburgh
- Hatfield
- Halesworth
- Bishops Waltham
- Tenbury Wells
- Orford
- Teignmouth
- Watlington
- Crowland
- Woburn Sands
- Caistor
- Loughton
- Wallasey
- Yeovil
- Skegness
- Highworth
- Chippenham
- Wath-upon-Dearne
- Lydney
- Axbridge
- Chipping Sodbury
- Stalbridge
What percentage can be released?
- 55% lumpsum lifetime mortgages LV Liverpool Victoria
- 60% LTV lump sum lifetime mortgages Lifetime Mortgage from L&G
- 40% LTV monthly payment equity release Vida
- 25% loan to value lifetime mortgage with flexible drawdown cash release West Bromwich Building Society
Drawbacks of Home Reversion Schemes
Lumpsum lifetime mortgages can reduce the inheritance for your family. Monthly payment equity release may impact the ability to claim entitlements. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
UK Lenders for Equity Release
- Lifetime Mortgage from L&G
- Stonehaven Mortgage
- Key Solutions
- Stonehaven
It’s common to find individuals searching for home reversion plans, lump sum lifetime mortgages or monthly payment equity release, however, More2Life like Legal & General are keen to see proof of your circumstances in the form of pension statements.
- Canada Life Voluntary Select Gold Flexi
- Hodge Lifetime Mortgage Flexible Drawdown Plan
- More2Life Flexi Choice Drawdown Lite Plan
- Nationwide Equity Release
- HSBC Equity Release Schemes
- TSB Equity Release
- More to Life Flexi Choice Drawdown Lite Plan
- Royal Bank of Scotland Lifetime Mortgage
- Saga Equity Release Schemes
- Bridgewater Equity Release Schemes
- L&G Legal & General Flexible Max Scheme
- Stonehaven Equity Release
- Nationwide Interest Only Lifetime Mortgage
- HSBC Equity Release Plans
- Lloyds Bank Equity Release Schemes
- More2Life Capital Choice Plus Plan
- Just retirement equity release key features
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Liverpool Victoria LV Equity Release Plans
- HSBC Lifetime Mortgage
- Lloyds Bank Equity Release Schemes
- TSB Lifetime Mortgage
- Saga Equity Release Plans
Aviva Mortgages
Canada Life Lifetime Mortgages
Crown Mortgages
