- Remove tax-free cash from your property
- No monthly payments
- Use the money to keep another family member away from a high LTV mortgage
- Stay living in your own property
Equity Release LTV Percentages
The more elderly you are and the sicker you are the more tax free cash you can release.
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 AST Tenant.
Downsides of Interest Only Lifetime Mortgages
Interest-only lifetime mortgages can reduce the inheritance for your family. Lump sum lifetime mortgages may impact ability to get state benefits. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.
Successful business owners who could benefit from equity release tax planning
- Technical and vocational secondary education Pontefract
- Environmental consulting activities Helmsley
- Manufacture of prepared feeds for farm animals Poynton-with-Worth
- Steam and air conditioning supply East Ham
- Grain milling Bicester
- Manufacture of tobacco products Staines-upon-Thames
- Manufacture of machinery for textile, apparel and leather production Reading
- Construction of utility projects for electricity and telecommunications Ulverston
- Packaging activities Walton-on-Thames
- Freight air transport Warrington
- Manufacture of non-electronic industrial process control equipment Kirkby Stephen
- Mixed farming Sprowston
- Non-trading company Wolsingham
- Manufacture of other articles of concrete, plaster and cement Weybridge
- Renting and leasing of cars and light motor vehicles Alnwick
- Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods Tenterden
- Manufacture of veneer sheets and wood-based panels Needham Market
- Other manufacturing n e c Tow Law
Providers for UK Equity Release
- Age Concern
- Pure Retirement
- Just Retirement
Its often found to find people searching for home reversion plans, lump sum life time mortgages or interest-only lifetime mortgages, however, Key Retirement like Royal London Equity Release are keen to see proof of your situation in the form of investment statements.
- Aviva Equity Release Plans
- Bridgewater Equity Release Schemes
- L&G Legal & General Flexible Max Scheme
- More2Life Capital Choice Plan
- Nationwide Equity Release Plans
- TSB Lifetime Mortgage
- Bridgewater Equity Release Schemes
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- More to Life Capital Choice Plus Plan
- Pure Retirement Equity Release Plans
- Nationwide Equity Release Plans
- HSBC Equity Release
- Age Partnership Interest Only Lifetime Mortgage
- Canada Life Voluntary Select Gold Flexi
- More 2 Life Capital Choice Plan
- NatWest Equity Release Schemes
- Saga home reversion plan
- Aviva Equity Release
- L&G Legal & General Flexible Lifetime Mortgage
- Stonehaven Interest Only Lifetime Mortgage
- Nationwide Equity Release
- Royal Bank of Scotland Equity Release Plans
- Saga Equity Release Plans
- Age Partnership Interest Only Lifetime Mortgage
Areas where retirement mortgages are popular
- Bridlington
- Scunthorpe
- Bradley Stoke
- Heathfield
- St Helens
- Langport
- Northallerton
- Cleethorpes
- Eastwood
- Watchet
- Melton Mowbray
- West Bromwich
Equity Release LTV
- 60% home reversion schemes The Exeter Equity Release
- 50% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Paragon Personal Finance
- 55% loan to value (LTV) home reversion plans Equifinance
- 45% loan to value (LTV) lifetime mortgage with flexible drawdown cash release 1st Stop Home Loans
Canada Life Drawdown Lifetime Mortgages
LV Mortgages
Pure Retirement Drawdown Lifetime Mortgages
LV Mortgages
