- Release cash from your home
- No monthly payments
- Use the money for anything you like
- Stay living in your own house for as long as you like
- Often used to help tax planning
Equity Release Providers
- Legal and General
- LV equity release
- Key Solutions
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Owner Occupier.
Hodge Lifetime
Legal and General Retirement Mortgages
Pure Retirement Mortgages
Canada Life Mortgages
Drawbacks of Lifetime Mortgages
Monthly payment lifetime mortgage can reduce your estate value. Lumpsum lifetime mortgages may impact entitlements to benefits. You may need to pay an advisor’s fee, and you could have higher rates to pay with some schemes.
Examples of retired small business owners likely to have equity to release
- Security and commodity contracts dealing activities Erith
- Mining of other non-ferrous metal ores Chester-le-Street
- Other sports activities Kirkby-in-Ashfield
- Manufacture of jewellery and related articles South Shields
- Manufacture of prepared feeds for farm animals Minster
- Renting and leasing of agricultural machinery and equipment Loughborough
- Fabrication of central heating radiators and boilers Kimberley
- Wholesale of agricultural machinery, equipment and supplies Falmouth
- Raising of other animals Ambleside
- Manufacture of other knitted and crocheted apparel Dulverton
- Wholesale of live animals Canvey Island
- Manufacture of dyes and pigments Dorchester
- Manufacture of electric lighting equipment Denholme
- Publishing of computer games Newbiggin-by-the-Sea
- Manufacture of fruit and vegetable juice Rochdale
- Manufacture of glass fibres Sutton
- Manufacture of explosives Horsforth
- Other credit granting n e c Kendal
Equity Release LTV Percentages
The more aged you are and the unhealthier you are, the more cash you can release.
- More 2 Life Capital Choice Plan
- Canada Life Voluntary Select Gold
- Pure Retirement Classic Drawdown Lite Plan
- Stonehaven Equity Release Scheme
- TSB Equity Release Plans
- More to Life Capital Choice Plan
- Age Partnership Equity Release Plans
- Aviva Lifetime Mortgages
- More2Life Flexi Choice Drawdown Lite Plan
- Hodge Lifetime Flexible Voluntary Repayment Plan
- Liverpool Victoria LV Equity Release Schemes
- Pure Retirement Lifetime Mortgage
- HSBC Interest Only Lifetime Mortgage
- Lloyds Bank Equity Release Schemes
- Aviva Equity Release
- Bridgewater Equity Release Plans
- Canada Life Voluntary Select Gold
- Just retirement equity release key features
- Liverpool Victoria LV Equity Release
- More 2 Life Flexi Choice Drawdown Lite Plan
- Stonehaven Equity Release Plan
- TSB Equity Release Plans
- NatWest Equity Release
- Aviva Lifetime Mortgages for Pensioners
- Hodge Indexed Lifetime Mortgage
- Stonehaven Lifetime Mortgage
- Nationwide Equity Release Schemes
- Lloyds Bank Equity Release
- TSB Equity Release Schemes
- NatWest Equity Release Plans
- Age Partnership Equity Release Schemes
Towns in the UK where retirement mortgages are routine
- West Bedlington
- Newmarket
- Sherborne
- Cheadle
- Dudley
- Guisborough
- Berkhamsted
- Princes Risborough
- Sprowston
- Cramlington
- Dagenham
- Rayleigh
- Tadley
It’s common to encounter people seeking out interest-only lifetime mortgages, lumpsum lifetime mortgages or monthly payment equity release, however, Bower like AIG Life is keen to see evidence of your situation in the form of bank statements.
Equity Release Loan To Value
- 60% lump sum lifetime mortgages Legal & General
- 35% loan to value (LTV) monthly payment lifetime mortgage LV equity release
- 50% LTV monthly payment lifetime mortgage Equifinance
- 30% loan to value lumpsum lifetime mortgages Post Office Mtgs
