Remove money from your home with L&G Equity Release- No need to make regular monthly payments
- Use the cash for anything you like
- Stay living in your own property for as long as you like
How much can I borrow?
You can achieve 65% of your home’s valuation. As an example, if your house is valued at £180,000 you can borrow £117,000.
Recently completed mortgage, equity release and lifetime mortgage cases
Sophie G from Aberdeen
The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.
Mrs Shaw from Lancaster
I had an interest-only mortgage with Birmingham Midshires. The mortgage had come to the end of its term and they wanted the £127000 back I still owed them. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before.
Mr G from Kent
I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.
Mrs Daly from Glasgow
My daughter lives in the states and does not have health insurance. My £30,000 lifetime mortgage paid the medical bills for her son to be born and a years rent in advance for a new flat for the baby.
Mrs V from Hastings
I had spent my life running up credit cards and loans then getting interest-only mortgages to pay off the debt. I got to retirement age and still owed the bank £160,000. The term was about to expire, and I could not afford the payments on my pension anyway. I got £180,000 equity release and now I am more comfortable with no monthly repayments and I spent £20,000 on a new bathroom and kitchen. I now know I can stay in my home.
Mr Williamson from Chiswick
My son is a chef in a care home. He is not well paid. No way his bank would lend him the money to buy a flat. My equity release enabled him to put a substantial deposit down so his mortgage was very small. My equity release interest rate was close to his interest rate offered by his bank.
Sandra from Manchester
I got equity release to give money to my daughter to buy a house. Without the money I borrowed, her buying a home would have been impossible.
It’s very regular to find people searching for home reversion plans, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Aviva like VitalityLife Equity Release are keen to see paperwork to show your personal situation in the form of pension statements.
- Canada Life Landlord Voluntary Select Plan
- Just Retirement Drawdown Lifetime Mortgage
- Stonehaven Equity Release
- Lloyds Bank Equity Release Plans
- Royal Bank of Scotland Equity Release Plans
- More2Life Tailored Choice Plan
- Hodge Lifetime Flexible Drawdown Plan
- Stonehaven Interest Select Plan
- Aviva Equity Release Schemes
- Nationwide Equity Release Schemes
- Royal Bank of Scotland Equity Release Plans
- Hodge Equity Release Plans
- Stonehaven Interest Only Lifetime Mortgage
- HSBC Equity Release Plans
Towns where L&G Equity Release is routine
- Ponteland
- Stalbridge
- Crowland
- Colburn
- Great Torrington
- Chorley
- Amesbury
- Tidworth
- Bourne
- Wednesbury
- Ashington
- Heanor and Loscoe
- Sandiacre
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Assured shorthold tenancy tenant.
Equity Release percentages of your current property value
- 60% lumpsum lifetime mortgages Old Mutual Wealth
- 55% loan to value interest-only lifetime mortgages Key Retirement
- 45% loan to value (LTV) home reversion plans Stonehaven
- 45% loan to value lifetime mortgage with flexible drawdown cash release Vida
- 35% loan to value lump sum lifetime mortgages Foundation Home Loans
Lenders for UK Equity Release
- Sunlife Plans
- Prudential
- More2Life
- Aegon
More2Life Retirement Mortgages
One Family Retirement Mortgages
Pure Retirement Retirement Mortgages
- Halifax Lifetime Mortgage Reviews
- Natwest Retirement Mortgage Uk
- Halifax Retirement Mortgage Reviews
- HSBC Equity Release Retirement
- Halifax Equity Release Schemes
- Natwest Equity Release Retirement
- Nationwide Lifetime Mortgage Reviews
- HSBC Retirement Mortgage House
- Nationwide Retirement Mortgage Broker
- Santander Lifetime Mortgage
- Lloyds Bank
- Lloyds Lifetime Mortgage Maximum Ltv
- Nationwide Equity Release From Property
- Santander Retirement Mortgage Interest Rates
- Lloyds Bank Equity Release From House
- Santander Equity Release Plans
- HSBC
- Natwest Lifetime Mortgage Broker
- Lloyds Retirement Mortgage Interest Rate
- Lloyds Bank Retirement Mortgages Age
Disadvantages of L&G Equity Release Schemes
Monthly payment equity release can reduce the value of your estate. Monthly payment equity release may impact the ability to claim entitlements. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.
L&G Equity Release Loan To Value
The more elderly you are and the more illnesses you have you are the more cash you can release.
Equity Release Calculator Under 55
- Other telecommunications activities Tottenham
- Temporary employment agency activities Huddersfield
- Support activities for crop production Skelmersdale
- Manufacture of magnetic and optical media Stowmarket
- Wholesale of china and glassware and cleaning materials Swaffham
- Construction of railways and underground railways Dartmouth
- Postal activities under universal service obligation Crewkerne
- Activities of investment trust Royal Wootton Bassett
- Production of meat and poultry meat products Littlehampton
- Operation of historical sites and buildings and similar visitor attractions Amble
- Risk and damage evaluation Newport
- Other human health activities Alnwick
- Manufacture of tubes, pipes, hollow profiles and related fittings, of steel Burton Latimer
- Wholesale of musical instruments Rothbury
- Manufacture of electrical and electronic equipment for motor vehicles and their engines Seaton
- Retail sale of audio and video equipment in specialised stores Southend-on-Sea
- Packaging activities Cannock
- Manufacture of central heating radiators and boilers Northfleet