- Remove tax-free equity from your property
- No need to make monthly payments
- Help your family to buy a home
- Stay living in your own home for as long as you like
- Can help tax planning
Equity release is common among small business owners like below
- Financial leasing Ormskirk
- Manufacture of knitted and crocheted fabrics Dagenham
- Manufacture of motor vehicles Bishops Waltham
- Manufacture of fibre optic cables Woking
- Inland passenger water transport Kettering
- Wholesale of metals and metal ores Erith
- Hunting, trapping and related service activities Knutsford
- Manufacture of wooden containers Evesham
- Motion picture, television and other theatrical casting activities Bedford
- Finishing of textiles Windsor
- Raising of poultry New Alresford
- specialised design activities Trowbridge
- Film processing Brigg
- Casting of steel Swindon
- Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played Andover
- Fire service activities Bolsover
- Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods Silsden
- Steam and air conditioning supply Arundel
- Just retirement equity release key features
- Stonehaven Lifetime Mortgage
- Nationwide Equity Release Plans
- NatWest Equity Release
- More to Life Capital Choice Plan
- Royal Bank of Scotland Equity Release
- Aviva Lifestyle Flexible Option
- Hodge Lifetime Flexible Voluntary Repayment Plan
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- Pure Retirement Equity Release
- Stonehaven Equity Release Scheme
- TSB Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Saga Equity Release Plans
- Canada Life Voluntary Select Gold
- Hodge Equity Release Schemes
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Nationwide Equity Release Schemes
- HSBC Equity Release Schemes
- Pure Retirement Lifetime Mortgage
- Nationwide Interest Only Lifetime Mortgage
- TSB Equity Release Plans
- Saga Equity Release Schemes
- More 2 Life Flexi Choice Drawdown Lite Plan
What percentage can be released?
The more elderly you are and the more serious your illnesses you are the more tax free money you can release.
How much is it common to release from a home
- 60% lumpsum lifetime mortgages Fortify Insurance Solutions
- 45% loan to value (LTV) monthly payment lifetime mortgage Saga
- 30% loan to value lifetime mortgage with flexible drawdown cash release Platform Mainstream
Aviva Equity Release
Lenders for Equity Release
- Key Retirement
- Prudential
- More2Life
- Fortify Insurance Solutions
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 Owner Occupier Primary Residence.
It is usual to discover individuals looking for monthly payment equity release, lumpsum lifetime mortgages or home reversion schemes, however, the Telegraph like Zurich are keen to see proof of your situation in the form of bank statements.
Towns where Lifetime Mortgages are routine
- Ulverston
- Saxmundham
- Acle
- Saxmundham
- Totnes
- St Ives
- Wallsend
- Tickhill
- Stretford
- Grimsby
- Clitheroe
- Pudsey
- Redruth
- Worthing
- Dunstable
- Walton-on-Thames
Downsides of Home Reversion Plans
Monthly payment lifetime mortgage can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.
