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House or flat near power lines? No problem with our equity release lender

power lines
  • Remove tax-free cash from your property, even with high-voltage cables near
  • No need to make monthly payments
  • Use the money for anything you like
  • Do you still have a mortgage? No problems
  • Stay in your house for as long as you like, even with power lines.

Loan-to-value for equity release?

You can borrow up to 70% of your home’s value. For example, if your home is worth £200,000, you can release £140,000.

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Customer Reviews

Electricty pylons

Mrs M from Birmingham

With no broker or lender fees, I got an interest-only retirement mortgage, which I pay each month from my private pension. The money released was used for my daughter’s wedding and a deposit for her next house. She wanted a family, and her flat was too small. Even though my house is near the pylons, it was no problem.

power lines

Mrs Shaw from Lancaster

I had an interest-only mortgage with Birmingham Midshires. The mortgage had come to the end of its term, and they wanted the £ 127,000 back that I still owed them. My lifetime mortgage saved me from losing my home, and the rate was close to what I had been paying. 

high voltage electricity supply

William from London

My lawyer told me my inheritance tax bill would be around £250,000. I got a lifetime mortgage to give my son and daughter money to buy bigger homes, and we bought a house in the south of France for us all to use as a holiday home. The high-voltage electricity supply cables nearby were not a problem.

RIO

Mrs E from London

I was advised to take out an equity release on my East London home to minimise inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low that it was close to their mortgage rate.  The close proximity of the electricity pylons was not a problem.

RIO

Mrs G from Leeds

My daughter is a single mother, and I got a £120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.

RIO

Mrs L from Nottingham

I had to pay a valuation and solicitor fees, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years, the money went to him for his share of the house. I am happy now as I am secure and do not need to move from home.

Non-Standard Property Home Index

RIO

Ms G from Dover

I divorced my husband, who was a violent alcoholic. I feared losing my home as I sometimes looked after my daughter’s children. Equity release enabled me to pay off my ex and stay secure in my house.   The close electricity pylons were no problem.

London House Finance
Old money home

Does Market Harborough Building Society have positive reviews for equity release?

Yes, Market Harborough Building Society reviews are commendable for equity release.

Over 55 Home owner

The mortgage lender will want to know if the property is a Freehold terraced or Leasehold house, and if the resident is an AST Tenant.

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  • Canada Life Interest Select Gold Flexi
  • Hodge Equity Release Schemes
  • Liverpool Victoria LV Equity Release
  • Pure Retirement Equity Release Plans
  • Lloyds Bank Equity Release
  • Age Partnership Equity Release Schemes
  • More to Life Capital Choice Plan
  • Liverpool Victoria LV Equity Release Plans
  • More to Life Capital Choice Plan
  • Bridgewater Lifetime Mortgage
  • Canada Life Voluntary Select Gold
  • Pure Retirement Equity Release Schemes
  • Nationwide Interest-Only Lifetime Mortgage
  • Just Retirement Drawdown Lifetime Mortgage
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • Lloyds Bank Equity Release Plans
  • Royal Bank of Scotland Lifetime Mortgage
Yorkshire Building Society Over 65 Mortgage

UK Providers for Equity Release

  • the Telegraph
  • Prudential
  • Legal and General

It is very regular to encounter individuals searching for a monthly payment equity release, a monthly payment lifetime mortgage, or a lifetime mortgage with flexible drawdown cash release. However, Sunlife Plans, like Zurich, are keen to see evidence of your situation, such as bank statements.

What are Market Harborough Building Society’s interest rates for equity release?

Market Harborough Building Society’s interest rates for equity release are 4.93% APR.

Equity Release percentages of your current property value

The older you are and the more serious your illnesses, the more tax-free cash you can release.

Business owner’s details likely with equity to release

  • Retail sale of other second-hand goods in stores, not including antiques, Todmorden
  • Manufacture of paper and paperboard in Oundle
  • Wholesale of machinery for the textile industry and of sewing and knitting machines, Halesowen
  • Manufacture of computers and peripheral equipment, Kidsgrove

Tough-to-finance property variants include properties with a sinking fund of 7% or more of the property’s sale price at the time of sale, properties with any structural defect, damp, dry, or wet rot, properties with structural problems, mundic homes, and properties that have never been registered with the land registry.

Does Market Harborough Building Society offer Equity Release?

Yes, Market Harborough Building Society Equity Release is 5.18% MER.

Towns where equity release is routine

  • Winsford
  • Marazion
  • Church Stretton
  • Chatham
  • Tonbridge
  • Ossett
  • Grays
  • Surbiton
  • Buntingford
  • Church Stretton
  • Abingdon-on-Thames
  • Heywood
  • Totton and Eling
  • Pocklington
  • Alton
  • Falmouth
  • Belper

Tough-to-finance property variants can include flats of less than 30 square metres in any location, properties with a single annexe or other self-contained part of the property, properties without direct access to an adopted highway or which are accessed over an unmade road, properties with mobile phone masts which are not within influencing distance of the house and properties adversely affected by existing or proposed issues including roads, rail, airports, power plants, power lines/pylons, wind turbines, substations, sewage works, quarries, fuel stations, refuse sites, sports grounds, noise, light or environmental pollution.

Does Market Harborough Building Society do Pensioner Mortgages?

Yes, Market Harborough Building Society Pensioner Mortgages are 5.82% MER.

Drawbacks of Home Reversion Schemes for properties near power lines

A monthly payment lifetime mortgage can reduce the inheritance for your family. A monthly-payment lifetime mortgage may affect eligibility for benefits. You may need to pay an advisor’s fee, and some schemes may have higher rates.

Hard-to-mortgage home types can include timber-framed properties built before 1920, properties with single-skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, large concrete panel systems, coach houses, i.e., freehold properties with garages beneath, and basement or lower ground-floor flats with level access to private or communal garden space.

Does Market Harborough Building Society offer retirement mortgages?

Yes, Market Harborough Building Society Retirement Mortgages are 5.18% APRC.

Aviva lifetime mortgage

Difficult-to-mortgage home variants can include properties during construction or pre-construction, properties where tenants live in a self-contained part of the property, leasehold properties where the lease length is currently unacceptable, crofted houses and properties owned under any form of shared equity scheme.

Canada Life - Lifestyle Lite

Some of the most popular loan-to-values for Aviva mortgages for 60-plus pensioners, Shepherds Friendly equity release plans for people over 60, Sainsbury’s interest-only mortgages for over 70s, Coventry Building Society RIO mortgages over 75, Nottingham Building Society retirement interest-only mortgages over 60, and National Counties Building Society mortgages over 70s are 50%, 55%, and 65%.

more 2 life lifetime mortgage

Some of the most common loan-to-value ratios for LV= lifetime mortgages for people over 55, More to Life lifetime mortgages for people over 55, OneFamily interest-only mortgages for over 60s, Yorkshire Bank mortgages for over 65, Principality Building Society pensioner mortgages over 70s, and Axa later life mortgages for over 70s are 50%, 55%, and 65%.

Canada Life Home Finance lifetime mortgage for properties in Scotland

Does Market Harborough Building Society offer equity release under 55?

Yes, Market Harborough Building Society Equity Release Under 55 is 1.89% APR.

Pure Retirement Mortgages

Equity Release percentages of your current property value

  • 50% monthly payment lifetime mortgage Maximum cover Equity Release power lines
  • 35% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Blemain
  • 35% loan to value, monthly payment equity release, Stepchange power lines
  • 30% loan to value (LTV), monthly payment,t lifetime mortgage, Nottingham
high voltage electricity supply

Some of the most common loan to values of TSB later life interest only mortgages over 70, remortgages for people over 50 years old, Halifax later life borrowing schemes over 55, L&G interest only lifetime mortgages for over 60s, Royal Bank of Scotland interest only mortgages for over 60s and Nationwide Building Society mortgages for 60 year olds are 35%, 60% and 65%.

Appealing pensioner finance products include Lloyds Bank equity release schemes, retirement interest-only mortgages, NatWest mortgages for 60+, Legal & General later-life mortgages, and Nationwide mortgages for over-70s.

A property that is affected by or within the influencing distance of any significant factor which will hurt the property’s value or re-saleability (e.g. overhead pylons, substations, etc.).

Does Market Harborough Building Society offer Lifetime Mortgages?

Yes, Market Harborough Building Society does lifetime mortgages at 5.15% MER. Market Harborough Building Society Lifetime Mortgages have an LTV of 75%.