- Release tax-free money from your house
- No monthly repayments
- Use the money for a motorhome or new car
- Are you still paying a mortgage? We can help with that
- Continue to stay in your property
What percentage can be released?
The more elderly you are and the unhealthier you are, the more tax-free cash you can release.
Providers for Equity Release
- the Telegraph
- Bridgewater
- Key Solutions
- Santander
- Maximum cover Equity Release
Aviva
More2Life
Retired business owners that may be interested in Home Reversion Schemes
- Wholesale of tobacco products Kirkby-in-Ashfield
- Support activities for other mining and quarrying Camelford
- Funeral and related activities Sawbridgeworth
- Manufacture of macaroni, noodles, couscous and similar farinaceous products Epworth
- Publishing of computer games Northallerton
- Manufacture of other plastic products Winterton
- Events of exhibition and fair organisers Newbiggin-by-the-Sea
- Butter and cheese production Holbeach
- Finishing of textiles Southwold
- Machining Padiham
- Collection of non-hazardous waste Wickwar
- Pre-press and pre-media services Haywards Heath
- Undifferentiated goods-producing activities of private households for own use Holsworthy
- Manufacture of machinery for metallurgy Haltwhistle
- Production of other knitted and crocheted apparel Stockton-on-Tees
- Binding and related services Maryport
- Retail sale of tobacco products in specialised stores Berwick-upon-Tweed
- Manufacture of glues Haslemere
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat, and if the resident is an Owner Occupier.
What percentage can be released?
- 50% home reversion schemes VitalityLife Equity Release
- 25% loan to value lump sum lifetime mortgages Masthaven
- 30% loan to value monthly payment lifetime mortgage Clearly Loans
It is usual to discover people looking for lump sum lifetime mortgages, lumpsum lifetime mortgages or home reversion schemes. However, Sunlife Plans like Legal & General are keen to see paperwork to show your situation in the form of pension statements.
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- Bridgewater Equity Release
- Canada Life Lifestyle Gold Flexi
- Hodge Indexed Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- TSB Equity Release
- Saga Equity Release Plans
- Canada Life Lifestyle Gold Flexi
- More2Life Capital Choice Plus Plan
- More to Life Tailored Choice Plan
- Pure Retirement Drawdown Plan
- Nationwide Equity Release Schemes
- Lloyds Bank Equity Release
- NatWest Equity Release
- Saga Equity Release Schemes
- Nationwide Interest Only Lifetime Mortgage
- More to Life Tailored Choice Plan
- NatWest Interest Only Lifetime Mortgage
- Saga Lifetime Mortgage
- Bridgewater Lifetime Mortgage
- Canada Life Lifetime Mortgage
- Hodge Equity Release Schemes
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Nationwide Equity Release
- HSBC Interest Only Lifetime Mortgage
- TSB Lifetime Interest Only Mortgage
Pitfalls of Lifetime Mortgages
Lifetime mortgage with flexible drawdown cash release can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact the ability to claim entitlements. You may need to pay a legal fee and some products expose you to changes in interest rates.
Areas of the UK where Lifetime Mortgages are common
- Kendal
- Birkenhead
- Wincanton
- Kington
- Paddock Wood
- Corringham
- Great Dunmow
- Winsford
- St Austell
- Ware
- Evesham
- Ealing
- Cleckheaton
- Brierfield
- Aylesbury
- Bampton
- Sherborne
- Morley
- Banbury
- Clun
- Loughton
