- Remove tax-free cash from your property
- Not necessary to make regular monthly payments if you don’t want to
- Help your family to buy a home
- Continue to stay in your home for as long as you like
Equity Release Loan To Value
The older you are and the sicker you are, the more cash you can release.
Providers for Equity Release
- More2Life
- New Life
- Just Retirement
- Santander
- Fortify Insurance Solutions
It is usual to discover individuals searching for interest-only lifetime mortgages, monthly payment lifetime mortgage or home reversion schemes, however, Key Retirement like Legal & General are keen to see paperwork to show your situation in the form of bank statements.
Aviva Lifetime Mortgages
More2Life Drawdown Lifetime Mortgages
LV Mortgages
The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold house, and if the resident is an AST Tenant.
- Liverpool Victoria LV Equity Release Schemes
- More2Life Capital Choice Plan
- Just Retirement Equity Release Plans
- Pure Retirement Classic Voluntary Payment Super Lite
- HSBC Equity Release Schemes
- Royal Bank of Scotland Equity Release
- Aviva Lifetime Mortgages for Pensioners
- Nationwide Equity Release Schemes
- More to Life Flexi Choice Drawdown Lite Plan
- Royal Bank of Scotland Interest Only Lifetime Mortgage
- Canada Life Lifestyle Lite Flexi
- Hodge Lifetime Mortgage Plus
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Pure Retirement Equity Release Plans
- Royal Bank of Scotland Equity Release Schemes
- More 2 Life Tailored Choice Plan
Equity Release LTV
- 55% home reversion schemes Legal & General
- 25% loan to value (LTV) lump sum lifetime mortgages Spring Finance
- 40% LTV interest-only lifetime mortgages Crown
- 40% LTV interest-only lifetime mortgages West One
Drawbacks of Home Reversion Schemes
Lump sum lifetime mortgages can reduce the inheritance for your family. Home reversion plans may impact entitlements to benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
Business owners details likely with equity to release
- Production of meat and poultry meat products Beverley
- Repair of electronic and optical equipment Witham
- Manufacture of ceramic sanitary fixtures Colchester
- Furnace and chimney cleaning services Chesterfield
- Retail sale of clothing in specialised stores Shefford
- Human resources provision and management of human resources functions Kings Lynn
- Manufacture of photographic and cinematographic equipment Amble
- Construction of water projects Bottesford
- Wholesale of mining, construction and civil engineering machinery Chilton
- General medical practice activities Arundel
- Development of utility projects for fluids Market Harborough
- Other software publishing Shaftesbury
- Sewerage Bodmin
- Retail sale by opticians Thatcham
- Defence activities Holsworthy
- Wholesale of wine, beer, spirits and other alcoholic beverages Leek
- Manufacture of wiring devices Queenborough-in-Sheppey
- Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Ashford
Towns of the UK where equity release is popular
- Mossley
- Filey
- Barnsley
- Stalham
- Hoddesdon
- Weymouth
- Saffron Walden
- Bromborough
- Poynton-with-Worth
- South Elmsall
- Patchway
- Bampton
- Bishops Stortford
- St Blaise
- Chagford
