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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
  • Still, have a mortgage? No problems
  • Continue to stay in your house for as long as you like even with power lines

Loan to value for equity release?

You can borrow 70% of your home’s valuation. As an example, if your home is worth £200,000 you can release £140,000.

  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000000.
  • Please enter a number from 50000 to 10000000.
  • Leave blank if no mortgage outstanding

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Customer Reviews

Electricty pylons

Mrs. M from Birmingham

With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. The money released went to my daughter for her wedding and deposit for her next house. She wanted a family, and her flat was too small.  Even though my house with near 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 £127000 back I still owed them. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before.  Being near to power lines was no problem.

high voltage electricity supply

William from London

I was told by my lawyer my inheritance tax bill would be around £250,000. I got a lifetime mortgage to give money to my son and daughter so they could 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 get equity release from my East London home to minimize inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low it was close to their mortgage rate.  The close electricity pylons were 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 I do not need to move from my home.

Non-Standard Property Home Index

RIO

Ms G from Dover

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

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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 house or a Leasehold house and if the resident is an AST Tenant.

Understanding the UK’s Electrical Infrastructure

The vast expanse of the UK’s landscape is dotted with various tall metal structures that play an integral role in the nation’s power distribution. For most people, these structures, commonly referred to as pylons or electrical towers, are everyday sights. But how much do we really know about them and the intricate system they represent?

The Basics of Power Distribution

What is the National Grid in Physics Terms?

The National Grid is a network of high-voltage power lines, including electricity pylons and cable towers, which distribute electricity from power stations to homes and businesses across the UK. But when we refer to “what is the national grid physics”, we delve deeper into the mechanics of electricity distribution, voltage regulation, and power conversion.

How Do Power Lines Work?

Electricity, once generated at power stations, needs to be transported to various parts of the country. This is done through overhead power lines, which are essentially cables held high above the ground by pylons or transmission towers. These cables carry electricity at very high voltages, often referred to as high-voltage power lines, to reduce energy loss during transmission.

Power Towers UK and Their Role

Also known as electricity towers, these tall metal structures support the overhead cables, ensuring they are safely elevated from the ground. Their design varies based on factors like the amount of electricity they carry, geographical challenges, and the region’s specific requirements.

Diving Deeper: Pylons, Power Lines, and More

Differentiating Pylons and Towers

  • Pylons UK: The term ‘pylon’ in the UK refers to the steel lattice towers used to support high-voltage electricity conductors. Electricity pylons, or electrical pylons as they’re sometimes known, are characterised by their tall structures made of steel and their distinctive ‘T’ shape at the top.
  • Electric Towers: This term is often used interchangeably with pylons but can refer more broadly to any tall structure, including concrete or wooden poles, that supports power lines.

Overhead Power Lines UK

The overhead power lines are essentially the conductors or cables that transport electricity. These can be of different types based on the voltage they carry. In the UK, the overhead power lines voltage typically ranges between 132kV to 400kV, with anything above 1,000V often considered as high voltage.

  • Overhead Carries: This term refers to the act of transporting electricity via cables that are elevated above the ground. The opposite would be underground cables.

Electricity Pylon Components

  • Pylon Insulators: These are devices made from materials that do not conduct electricity. They separate the live conductors from the pylon structure to prevent electricity from ‘leaking’ to the ground or the tower. Pylon insulator ensures that the high-voltage electricity is safely contained within the cables.
  • Electricity Mast: It’s a type of tall tower used to support overhead power lines, ensuring they remain elevated.

From Power Generation to Homes: The Journey

Transmission and Distribution

After generation, electricity travels through the national grid pylons and enters regional substations. Here, transformers reduce the voltage so it can be distributed to homes and businesses.

The National Grid System

Answering the query, “what name is given to the system that distributes electricity from power stations around the UK?”, the National Grid is the central system ensuring the country’s electrification. It’s a marvel of engineering, balancing supply and demand in real-time and ensuring that electricity generated, sometimes hundreds of miles away, reaches your electric kettle or heater efficiently.

Safety and Environmental Considerations

Electric Pylon Near House

Proximity to pylons and overhead cables often raises safety and health concerns. However, the UK has strict regulations in place to ensure that pylons are built at safe distances from residential areas. The electromagnetic fields generated by the high-voltage cables are well below international safety limits.

Power Without Pylons

Environmentalists and aesthetic enthusiasts often rally for power without pylons – essentially advocating for underground power cables. While this eliminates the ‘visual pollution’ of pylons, undergrounding is significantly more expensive and can be more environmentally disruptive during installation.

Pylon Aesthetics and Innovations

Pylon Images and Their Influence

Pylon images have inspired artists, photographers, and even filmmakers for decades. These tall metal structures, silhouetted against the sky, represent human ingenuity and our ability to harness natural forces.

Model Pylons

For enthusiasts and educators, model pylons offer a way to study, display, or even play with these iconic structures. Whether made from metal, plastic, or even paper, these miniatures capture the essence of the real thing.

Future of Pylons

As technology advances and the demands on the National Grid evolve, pylons too will undergo changes. From designs that minimise their impact on the landscape to innovative materials that make them more efficient, the future of power distribution in the UK is bound to be electrifying.

In the vast tapestry of the UK’s infrastructure, pylons stand tall, both literally and figuratively. They are a testament to engineering prowess and the nation’s commitment to powering every home and business. While they may just be “metal lines” in the sky to some, understanding their function and importance provides a new perspective on these omnipresent giants.

  • 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 monthly payment equity release, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Sunlife Plans like Zurich are keen to see evidence of your situation in the form of bank statements.

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

Market Harborough Building Society interest rates for equity release are 1.93% APR.

Equity Release percentages of your current property value

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

Business owners details likely with equity to release

  • Retail sale of other second-hand goods in stores, not incl antiques Todmorden
  • Manufacture of paper and paperboard 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 sale price when the property is sold, properties with any kind of structural defect, damp, dry or wet rot, properties with structural problems, mundic homes and properties that has never been registered with the land registry.

Does Market Harborough Building Society offer Equity Release?

Yes, Market Harborough Building Society Equity Release is 2.18% 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.

Do Market Harborough Building Society do Pensioner Mortgages?

Yes, Market Harborough Building Society Pensioner Mortgages are 1.82% 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 impact the ability to claim benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.

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 do Retirement Mortgages?

Yes, Market Harborough Building Society Retirement Mortgages are 2.18% APRC.

Aviva lifetime mortgage

Difficult to mortgage home variants can include properties in the course of 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 of Aviva mortgages for 60 plus pensioners, Shepherds Friendly equity release plans for people over 60, Sainsburys 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 values of 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 do 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 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 plus, Legal & General later life mortgages and Nationwide mortgages over 70s.

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 (e.g. overhead pylons, substations, etc).

Does Market Harborough Building Society offer Lifetime Mortgages?

Yes, Market Harborough Building Society does lifetime mortgages at 2.15% MER. Market Harborough Building Society Lifetime Mortgages have a LTV of 75%.