- Remove tax free cash from your house
- You don’t need to make regular monthly payments
- Help your family to buy house
- Still have some mortgage outstanding? No problems
- Continue to live in your own house
Successful business owners who could benefit from equity release tax planning
- Manufacture of industrial gases Launceston
- Manufacture of lifting and handling equipment Blackburn
- Retail of furniture, lighting, and similar not musical instruments or scores in specialised store Romsey
- Manufacture of plastics in primary forms Fordbridge
- Manufacture of other electrical equipment Torquay
- Distribution of gaseous fuels through mains Desborough
- Trade of gas through mains Wetherby
- Installation of industrial machinery and equipment Gravesend
- Repair of electronic and optical equipment East Retford
- Construction of bridges and tunnels Woodbridge
- Retail sale of textiles in specialised stores Huntingdon
- Human resources provision and management of human resources functions Tynemouth
- Wholesale of furniture, carpets and lighting equipment Ventnor
- manufacture of household textiles Wendover
- Manufacture of fibre optic cables Rushden
- Manufacture of other non-distilled fermented beverages Guildford
- Post-harvest crop activities Settle
- Manufacture of computers and peripheral equipment Sandiacre
Towns where retirement mortgages are routine
- Coalville
- Wellingborough
- Midsomer Norton
- Leyton
- Hemel Hempstead
- Kirkbymoorside
- Ellesmere
- Northwich
- Shifnal
- Dudley
- Polegate
- West Bedlington
- Horsham
- Fordbridge
- Rothwell
- Mirfield
- Buxton
- Woburn
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Just Retirement Interest Only Lifetime Mortgage
- More2Life Capital Choice Plus Plan
- Stonehaven Interest Select Plan
- Lloyds Bank Lifetime Mortgage
- NatWest Equity Release Schemes
- Bridgewater Lifetime Mortgage
- Just Retirement Equity Release Schemes
- Pure Retirement Equity Release
- Bridgewater Equity Release
- L&G Legal & General Flexible Lifetime Mortgage
- More to Life Capital Choice Plus Plan
- Aviva Equity Release Schemes
- Liverpool Victoria LV= Flexible Lifetime Mortgage
- Stonehaven Interest Only Lifetime Mortgage
- TSB Equity Release Schemes
Equity Release LTV
- 60% lumpsum lifetime mortgages VitalityLife Equity Release
- 55% loan to value (LTV) home reversion schemes Key Retirement
- 30% LTV monthly payment lifetime mortgage Keystone
- 50% loan to value (LTV) interest-only lifetime mortgages Norton Finance
- 40% loan to value monthly payment life time mortgage 1st Stop Home Loans
- 25% LTV home reversion schemes Loughborough Building Society
The lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an AST Tenant.
How much is it common to release from a home
The more elderly you are and the unhealthier you are the more money you can release.
Drawbacks of Home Reversion Schemes
Monthly payment life time mortgage can reduce the value of your estate. Lumpsum lifetime mortgages may impact ability to get state benefits. You may need to pay an advisor’s fee and you could be exposed to changes in interest rates with some products.
Aviva Drawdown Lifetime Mortgages
Hodge Lifetime Drawdown Lifetime Mortgages
Legal and General Mortgages
Equity Release Scheme Providers
- Key Solutions
- Prudential Lifetime
- the Telegraph
- Santander
Its common to discover people seeking out home reversion schemes, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Age Partnership like Royal London Equity Release are keen to see paperwork to show your personal situation in the form of pension statements.
