Nationwide lifetime interest only mortgage – No Fees

nationwide-interest-only

  • Release money from your house
  • No lenders fees
  • No monthly payments
  • Use the money to buy another property
  • Continue to live in your own house
  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

  • Date Format: DD dash MM dash YYYY
  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

Under 65 Home owner
West London Home
Money tied up in house
Raise money with your home


https://www.nationwide.co.uk/

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

  • Date Format: DD dash MM dash YYYY
  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

UK Equity Release Scheme Providers

  • Age Partnership
  • Stonehaven Mortgage
  • Legal and General
  • Royal London Equity Release

Marsden Building Society Over 55 Mortgage

Marsden Building Society Lifetime Mortgage

Towns where Lifetime Mortgages are popular

  • Rugby
  • Broughton
  • Alton
  • Hoddesdon
  • Kingsteignton
  • Westbury
  • Droitwich Spa
  • Peacehaven
  • Yarmouth
  • Bletchley and Fenny Stratford
  • Swaffham
  • Kingsteignton
  • Ashburton
  • Helston
  • Ollerton and Boughton
  • Hemel Hempstead

The lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an AST Tenant.

How much is it common to release from a home

  • 55% lumpsum lifetime mortgages The Exeter Equity Release
  • 35% loan to value monthly payment equity release Santander
  • 55% loan to value monthly payment lifetime mortgage 1st Stop Home Loans
  • 40% loan to value (LTV) lump sum lifetime mortgages Optimum Credit
  • 25% loan to value lifetime mortgage with flexible drawdown cash release Central Trust
  • 55% loan to value (LTV) interest-only lifetime mortgages Precise
  • 25% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Virgin Money PLC

 

What percentage can be released?

The older you are and the sicker you are the more cash you can release.

Disadvantages of Home Reversion Plans

Interest-only lifetime mortgages can reduce your estate value. Lumpsum lifetime mortgages may impact entitlements to benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.

Aviva Equity Release

Canada Life Retirement Mortgages

LV Lifetime Mortgages

 

Successful business owners who could benefit from Home Reversion Scheme estate planning

  • Foreign affairs Eastwood
  • Manufacture of men’s underwear Padstow
  • Raising of horses and other equines Wadebridge
  • Life insurance Swanley
  • Processing and preserving of potatoes Staveley
  • Aluminium production Lydd
  • Manufacture of printing ink Withernsea
  • Sale of new cars and light motor vehicles Bishop Auckland
  • Publishing of consumer and business journals and periodicals Ashton-under-Lyne
  • Painting Torquay
  • Manufacture of other articles of concrete, plaster and cement Winterton
  • Cargo handling for water transport activities Stevenage
  • Technical and vocational secondary education Ivybridge
  • Public houses and bars Chagford
  • Manufacture of other builders’ carpentry and joinery Halesworth
  • Manufacture of steam generators, except central heating hot water boilers Clitheroe
  • Manufacture of metal structures and parts of structures Sturminster Newton
  • Wholesale of watches and jewellery Bootle

 

 

  • More 2 Life Flexi Choice Drawdown Lite Plan
  • Just Retirement Equity Release Schemes
  • L&G Legal & General Flexible Max Scheme
  • More2Life Tailored Choice Plan
  • Lloyds Bank Equity Release Plans
  • Royal Bank of Scotland Equity Release Plans
  • Aviva Lifetime Mortgages for Pensioners
  • Bridgewater Lifetime Mortgage
  • Canada Life Equity Release Plans
  • More to Life Tailored Choice Plan
  • Royal Bank of Scotland Equity Release Plans
  • L&G Legal & General Flexible Max Plus
  • HSBC Equity Release
  • Lloyds Bank Equity Release
  • Saga Lifetime Mortgage
  • Bridgewater Equity Release
  • Canada Life Landlord Voluntary Select Plan
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • More2Life Flexi Choice Drawdown Lite Plan
  • More to Life Capital Choice Plus Plan
  • Pure Retirement Classic Drawdown Lite Plan
  • Stonehaven Equity Release Plan
  • Nationwide Interest Only Lifetime Mortgage
  • Lloyds Bank Equity Release Plans
  • TSB Equity Release
  • NatWest Equity Release Schemes
  • Saga Equity Release Plans
  • Age Partnership Lifetime Mortgage

Its usual to encounter people looking for home reversion schemes, monthly payment life time mortgage or interest-only lifetime mortgages, however, Aviva like VitalityLife Equity Release are keen to see paperwork to show your situation in the form of investment statements.

Legal & General Home Finance lifetime mortgage

OneFamily lifetime mortgage

Canada Life - Lifestyle Lite

More2Life - Capital Choice Plan