1.98% APR Lloyds equity release - is it a good deal for me 2021?

Release tax-free money from your home
You don’t need to make monthly payments
Use the cash for anything you like
Continue to stay in your house

Your Requirements
How Much Would You Like Borrow/Release?*
Please enter a number from 4000 to 200000000.
Value of your property*
Please enter a number from 50000 to 10000000.
Total amount of mortgage/loans you have on your property*
Please enter a number from 50000 to 10000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- I'm Not Sure

About You
Name*
First Last
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
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Date of Birth*
Your Email Address:*
Phone Number*

Your Requirements
My Property or Home:*
How Much Money Would You To Like Raise?*
Please enter a number from 4000 to 20000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- Not Sure
I would like to*
- Refinance my existing property and stay
- Get new finance for a new property
Estimated Value Of Your Property?*
Total amount of mortgage/loans you have on your property*
About You
Please tell us about your self and what you want
Name*
First Last
Phone*
Date of Birth*
DD dash MM dash YYYY
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree
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NatWest Lifetime Mortgage
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Equity Release Scheme Providers

Lifetime Mortgage from L&G
Crown
Lifetime Mortgage from L&G
AA equity release

Towns where Lifetime Mortgages are common

Epworth
Highworth
Burgh-le-Marsh
Mirfield
High Wycombe
Stone
Newton-le-Willows
Lowestoft
Daventry
Wolsingham
Northfleet
Mablethorpe and Sutton
Shefford

Disadvantages of Equity Release Schemes

Home reversion plans can reduce your estate value. Home reversion schemes may impact the ability to claim benefits. You may need to pay a valuation fee, and you could have higher rates to pay with some plans.

Retired business owners that may be interested in Home Reversion Schemes

- Manufacture of synthetic rubber in primary forms Trowbridge

Artistic creation Skegness
First-degree level higher education Loddon
Post-graduate degree higher education Frodsham
Landscape service activities Stowmarket
Joinery installation Medlar-with-Wesham
Wholesale of petroleum and petroleum products Ampthill
Activities of credit bureaus Thornbury
Service activities incidental to air transportation Corby
Freshwater aquaculture Northampton
Manufacture of photographic and cinematographic equipment March
Other building and industrial cleaning activities Billericay
Wholesale of fruit and vegetable juices, mineral water and soft drinks Market Rasen
Growing of beverage crops Evesham
Activities of head offices Wickham
Raising of horses and other equines Harrogate
Manufacture of metal forming machinery Winchelsea
Retail sale of mobile telephones Bognor Regis

The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Owner Occupier.

How much is it common to release from a home

50% lifetime mortgage with flexible drawdown cash release Royal London Equity Release
50% LTV monthly payment equity release Together Money
25% loan to value (LTV) lifetime mortgage with compliant drawdown cash release United Trust Bank

It is common to find people looking for interest-only lifetime mortgages, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Just Retirement like Maximum cover Equity Release are keen to see evidence of your situation in the form of bank statements.

Aviva Retirement Mortgages
One Family
Pure Retirement Equity Release
Just Mortgages

Equity Release Loan To Value

The more elderly you are and the sicker you are, the more cash you can release.

Important legal information

Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme. We are covered by the Financial Ombudsman Service. Please note that due to FSCS and FOS eligibility criteria, not all Mayfair Private Banking non-personal customers will be covered.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. We are registered in England and Wales No. 2065.

PhoneBank® is a registered trademark of Lloyds Bank plc.

Contact usContact us

0345 300 0000

If you need to call us from abroad, you can call us at 0173 334 7007. Not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to an adviser for more information. Calls may be monitored or recorded.

Direct contact details for Lloyds Bank

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065 Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Visit the Lending Standards Board website

Lloyds Bank plc registered office:
25 Gresham Street,
London EC2V 7HN.
Registered in England and Wales No. 2065.

https://www.lloydsbankinggroup.com/

https://www.lloydsbank.com/

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0345 300 0000

If you need to call us from abroad, you can call us on 01733347007. Not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to an adviser for more information. Calls may be monitored or recorded.

Lloyds Bank plc and Bank of Scotland plc (members of Lloyds Banking Group), are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Authorisation can be checked on the Financial Services Register at www.fca.org.uk

https://twitter.com/AskLloydsBank

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Telephone: 020 7626 1500

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria, not all business customers will be covered.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Your Requirements

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