Property with over 10 or 15 acres land

over-10-or-15-acres

  • Release money from your house
  • No regular monthly payments unless you want to pay just interest
  • 1.89% variable rate
  • 2.89% fixed rate
  • New product for June 2020
  • Help your family with the equity you release
  • Still have a mortgage? We can help with that
  • Continue to live in your own home for as long as you like

  • Your Requirements

  • Please enter a number from 5000 to 20000000.

  • About You

  • Please enter a number from 25 to 90.

  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Home equity Tied Up
West London Home
Homeowner in their 70s

Equity Release Under 50 Rates 2020

 

    • Bridgewater Equity Release Schemes
    • Hodge Lifetime Flexible Drawdown Plan
    • Just Retirement Drawdown Lifetime Mortgage
    • Lloyds Bank Equity Release Plans
    • More to Life Capital Choice Plus Plan
  • Nationwide Equity Release
  • NatWest Interest Only Lifetime Mortgage
  • Royal Bank of Scotland Equity Release Plans
  • Saga Equity Release Schemes
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Pure Retirement Equity Release Plans
  • NatWest Equity Release Plans
  • Bridgewater Lifetime Mortgage
  • Just Retirement Equity Release
  • Liverpool Victoria LV Equity Release Schemes
  • Pure Retirement Equity Release
  • Nationwide Equity Release Plans
  • Lloyds Bank Lifetime Mortgage

 

Equity Release Loan To Value

  • 60% lumpsum lifetime mortgages LV Liverpool Victoria
  • 55% loan to value (LTV) lump sum lifetime mortgages Legal and General
  • 35% loan to value (LTV) monthly payment lifetime mortgage Norwich Union
  • 40% loan to value (LTV) monthly payment lifetime mortgage Vida
  • 30% loan to value (LTV) lump sum lifetime mortgages NatWest Intermediary
  • 30% loan to value monthly payment lifetime mortgage Magellan Homeloans

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.

It is often found to find individuals looking for lifetime mortgage with flexible drawdown cash release, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Legal and General like Aegon are keen to see paperwork to show your circumstances in the form of bank statements.

Equity Release Loan To Value

The more elderly you are and the the more illnesses you have you are the more tax free money you can release.

 

Areas where equity release is common

  • Hadleigh
  • Cheltenham
  • Wigton
  • Easingwold
  • Morley
  • Wolverton and Greenleys
  • Wymondham
  • South Kirkby and Moorthorpe
  • Weybridge
  • Beaconsfield

 

Pitfalls of Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the inheritance for your family. Lumpsum lifetime mortgages may impact ability to get state benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

Aviva lifetime mortgage with cashback

LV= lifetime mortgage

More2Life - Flexi Choice Super Lite

more 2 life joint lifetime mortgage

UK Equity Release Providers

  • Age Concern
  • Stonehaven
  • the Telegraph

Equity Release Under 50

Examples of retired small business owners likely to have equity to release

  • Manufacture of central heating radiators and boilers Andover
  • Manufacture of leather clothes Yarmouth
  • Banks Lewes
  • Manufacture of steam generators, except central heating hot water boilers Leyton
  • Residential nursing care facilities New Mills
  • Construction of utility projects for fluids Kingsteignton
  • Specialists medical practice activities Henley-in-Arden
  • Manufacture of workwear Thornaby-on-Tees
  • Repair and maintenance of ships and boats Chickerell
  • Manufacture of tobacco products Wantage
  • Veterinary activities Wragby
  • Processing and preserving of potatoes Blandford Forum
  • Accounting and auditing activities Earby
  • Manufacture of hollow glass Hitchin
  • Manufacture of other technical and industrial textiles Sutton
  • Manufacture of prepared feeds for farm animals Burford
  • Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores Altrincham
  • Retail sale of hearing aids Finchley

Canada Life Lifetime Mortgages

Hodge Lifetime Drawdown Lifetime Mortgages

Just

LV Drawdown Lifetime Mortgages

Agricultural tie or restriction•Over 10 acres of land•Farms/smallholdings

Properties with more than 10 acres of land•Small scale hobby farming

Properties with up to 10 acres of land without large outbuildings or equestrian facilities

Unacceptable Property Types

The following types of property could be acceptable:

Commercial Properties and Coach houses.
Live/work units.
Non Standard construction method
Any property affected by Japanese knotweed.
Any property deemed unsuitable security by the valuer.
Any property where there is ongoing movement/monitoring is required.
Property where material environmental hazards are present.
Property where saleability may be adversely affected by local planning or by an unsatisfactory mining search.
Property being purchased under any social housing schemes other than Right to Buy. We are unable to consider remortgaging any property purchased under any such scheme where the original vendor retains any interest or where any pre-emption clause remains.
A property that is affected by or within influencing distance of any significant factor which will have a negative impact on the property’s value or re-saleability

Properties that have overhead electricity pylons, substations, mobile phone masts
Property has been purchased from a corporation that the applicant has an interest in.
Property is subject to either a back-to-back or sub-sale agreement or subject to a Finder’s Fee or has been owned by the vendor for less than 6 months.