Remove tax-free cash from your home- You don’t need to make regular monthly payments
- Help your family get a deposit for their own home
- Still, have some mortgage outstanding? No problems
- Continue to live in your own property
How much is it common to release from a home
The older you are and the more illnesses you have you are, the more cash you can release.
Drawbacks of Home Reversion Schemes
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion plans may impact the ability to claim entitlements. You may need to pay a solicitor’s fee, and you could have higher rates to pay with some schemes.
Successful business owners who could benefit from equity release tax planning
- Translation and interpretation activities Alford
- Landscape service activities Cirencester
- Manufacture of other electronic and electric wires and cables Grays
- Renting and leasing of passenger water transport equipment Queenborough-in-Sheppey
- Gathering of wild growing non-wood products Colne
- Maintenance and repair of motor vehicles Tamworth
- Retail sale of antiques including antique books in stores Sandhurst
- Other credit granting n e c Hayes
- Other accommodation Hartlepool
- Satellite telecommunications activities Prudhoe
- Sale of new cars and light motor vehicles Leigh
- Cultural education Fazeley
- Repair of consumer electronics Wednesbury
- Plant propagation Chipping Sodbury
- Manufacture of other carpets and rugs Barton-upon-Humber
- Retail sale of musical instruments and scores Wooler
- Manufacture of knitted and crocheted hosiery Market Deeping
- Production of other food products n e c Louth
What percentage can be released?
- 60% monthly payment lifetime mortgage Old Mutual Wealth
- 40% loan to value (LTV) monthly payment lifetime mortgage Shawbrook
- 30% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Kent Reliance
- 50% LTV home reversion plans Aviva
- 50% LTV lumpsum lifetime mortgages Together Money
The lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
- HSBC Lifetime Mortgage On Second Property
- Nationwide Retirement Mortgage Interest Only
- HSBC Equity Release Plans
- Santander
- Nationwide Lifetime Mortgage Advisers
- Lloyds Bank Retirement Mortgages Interest Rates
- Natwest Retirement Mortgage Broker
- Santander Retirement Mortgage Providers
- HSBC
- Halifax Lifetime Mortgage Comparison
- Lloyds Lifetime Mortgage Home Reversion Plan
- Lloyds Bank
- Halifax Retirement Mortgage Loan
- Santander Equity Release On Second Homes
- Lloyds Equity Release Scheme
- Lloyds Bank Lifetime Mortgage Calculator
- Natwest Equity Release Drawdown
- Halifax
- Natwest Lifetime Mortgage Advisers
- Nationwide Equity Release Plan
It is very regular to encounter individuals looking for lump sum lifetime mortgages, lump sum lifetime mortgages or home reversion schemes, however, Just Retirement like VitalityLife Equity Release are keen to see proof of your personal situation in the form of investment statements.
Hodge Lifetime Retirement Mortgages
Legal and General Retirement Mortgages
Areas in the UK where retirement mortgages are routine
- Queenborough-in-Sheppey
- Henley-in-Arden
- Lytham St Annes
- Oakengates
- Leatherhead
- Shefford
- Thornbury
- Huddersfield
- Holsworthy
- Lydd
- Kenilworth
- Newton Abbot
- Rowley Regis
- Ventnor
- TSB Equity Release Plans
- NatWest Equity Release
- More to Life Capital Choice Plan
- Bridgewater Equity Release Schemes
- Just Retirement Drawdown Lifetime Mortgage
- More to Life Flexi Choice Drawdown Lite Plan
- Stonehaven Equity Release Plan
- HSBC Interest Only Lifetime Mortgage
- TSB Lifetime Interest Only Mortgage
- Canada Life Voluntary Select Gold
- Hodge Lifetime Mortgage Plus
- Nationwide Interest Only Lifetime Mortgage
- More to Life Capital Choice Plan
- TSB Equity Release
- Age Partnership Interest Only Lifetime Mortgage
- Just retirement defined benefit
- Nationwide Equity Release
- Lloyds Bank Equity Release Plans
Equity Release Scheme Providers
- Bower
- Stonehaven
- Lifetime Mortgage from L&G
- Norwich Union
- Royal London Equity Release
