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2.1% APRC Sunlife Equity Release for homeowners – Free Valuation

  • Sunlife Lifetime MortgageRemove tax-free money from your property with Sunlife equity release
  • Not necessary to make regular monthly payments with Sun Life equity release
  • Help a member of your family buy their own home that they couldn’t afford otherwise
  • Free valuation
  • Stay living in your own home
  • Can be used to optimise tax planning

How much cash can I get?

You can get 65% of your home’s value. As an example, if your house is valued at £330000 you can get £214500.

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • Please enter a number from 50000 to 10000000.

Customer Testimonials

julia-a

Julia A

My mother has dementia. With my solicitor and my power of attorney, I got equity release on my mother’s house to pay for specialist modifications for her comfort.

david-p-london

David P

With my power of attorney, I got equity release on my father’s house to pay for disability provisions including a lift and a new kitchen.
mr-g

Mr G from Kent

I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.

mrs-daly

Mrs Daly from Glasgow

My daughter lives in the states and does not have health insurance. My £30,000 lifetime mortgage paid the medical bills for her son to be born and a years rent in advance for a new flat for the baby.

RIO

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.

RIO

Mr Smith from Kendal

My financial advisor told me that I should get equity release and gift money to my 5 children now as it would save a massive amount of inheritance tax.

RIO

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.

RIO

Sandra from Manchester

I got equity release to give money to my daughter to buy a house. Without the money I borrowed, her buying a home would have been impossible.

RIO

Sophie G from Aberdeen

The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.
RIO

Ms T from Hammersmith

My husband recently died leaving me with a mortgage I could not afford to pay. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, kitchen, and roof repair.

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

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Old money home
Wandsworth Family Home
Home equity Tied Up
Over 55 Home owner
Access home equity

It’s usual to encounter people seeking out lump sum lifetime mortgages, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Sunlife Plans like VitalityLife Equity Release is keen to see paperwork to show your situation in the form of bank statements.

Lloyds Equity Release Loan

Hard to mortgage home variants include homes requiring essential repairs, properties where tenants live in a self-contained part of the property, right to buy – properties in Scotland, properties which are made up of multiple titles and properties with single skin brickwork.

Hard to mortgage property types include difficult roof structures, properties with any externally applied insulation to the walls after construction, large concrete panel systems, privately developed flats in blocks of two storeys without a lift and basement or lower ground floor flats with level access to private or communal garden space.

Hodge Lifetime lifetime mortgage

Tough to finance home variants include properties built or converted into dwellings more than 10 years ago, properties converted from modern commercial premises, properties with more than one annexe or self-contained part of the property, properties with mobile phone masts which are not within influencing distance of the house and properties where Japanese Knotweed is present.

OneFamily joint lifetime mortgage

Tough to finance home variants can include properties with legal agreements such as Overage, Clawback, Option, Pre-emption, or any onerous Restrictive Covenant, properties without a kitchen or bathroom, derelict property or where part of the building is in severe disrepair and needs demolishing, asbestos construction and missing planning permission or building regulations approval.

More to life  - Flexi Choice Super Lite

LV= lifetime mortgage

  • Hodge Lifetime Flexible Drawdown Plan
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • More to life Tailored Choice Plan
  • Lloyds Bank Equity Release Plans
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • Lloyds Bank Equity Release Schemes
  • TSB Equity Release Plans
  • Royal Bank of Scotland Equity Release Schemes
  • Hodge Equity Release Schemes
  • Just retirement equity release key features
  • Stonehaven Lifetime Mortgage
  • More to Life Tailored Choice Plan
  • Age Partnership Lifetime Mortgage
  • Aviva Equity Release
  • Hodge Lifetime Mortgage Plus
  • TSB Equity Release Plans
  • Saga Lifetime Mortgage
  • Age Partnership Lifetime Mortgage

Towns in the UK where Sunlife Equity Release are common

  • Middlesbrough
  • Thorne
  • St Ives
  • Tavistock
  • Midhurst
  • Edmonton
  • Bentham
  • Polegate
  • Louth
  • Clare
  • Spilsby
  • Pudsey
  • Broseley
  • Brampton
  • Callington
  • Guisborough
  • Burgess Hill
  • Blandford Forum
  • Newmarket
  • Lowestoft
  • Pickering

Aviva Lifetime Mortgages

Pure Retirement Mortgages

Just Equity Release

LV Mortgages

LV Lifetime Mortgages

Lloyds Equity Release Scheme

Drawbacks of Sunlife Equity Release

Home reversion schemes can reduce your estate value. Monthly payment equity release may impact entitlements to benefits. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.

Some of the most common loan to value ratios of Standard Chartered mortgages for people over 50, Direct Line interest only mortgages for over 60s near London, Sainsbury’s interest only lifetime mortgages for over 60s, Skipton Building Society interest only mortgages for over 70s, West Bromwich Building Society retirement mortgages over 70 and Progressive Building Society later life interest only mortgages over 60 are 50%, 55% and 65%.

Sun Life Equity Release percentages of your current property value comparison

  • 50% lifetime mortgage with flexible drawdown cash release Zurich
  • 50% LTV home reversion schemes the Telegraph
  • 30% loan to value interest-only lifetime mortgages Marsden
  • 60% LTV lifetime mortgage with flexible drawdown cash release More to life
  • 45% LTV monthly payment lifetime mortgage LV lifetime mortgage
  • 25% loan to value monthly payment lifetime mortgage Virgin Money PLC

Does Sunlife do Equity Release?

Yes, Sunlife Equity Release is 2.07% MER.

Popular loan to value ratios of LVE lifetime mortgages for people over 55, More to Life later life mortgages for over 60s, One Family interest only mortgages for people over 60, Yorkshire Bank later life mortgages for over 60s, Principality Building Society interest only mortgages for over 60s near London and Axa mortgages for over 70s are 50%, 55% and 70%.

Does Sunlife do Pensioner Mortgages?

Yes, Sunlife Pensioner Mortgages are 1.98% APR.

How much is it common to release from a home with Sunlife equity release

The more elderly you are and the sicker you are the more tax-free money you can release.

Retired business owners that may be interested in Sunlife equity release Schemes

  • Manufacture of printed labels Hyde
  • Wholesale of agricultural machinery, equipment, and supplies Finchley
  • Retail sale of games and toys in specialised stores Harpenden
  • Sports and recreation education Newton-le-Willows
  • Activities of exhibition and fair organisers Heanor and Loscoe
  • Activities of professional membership organizations Portland
  • Lead, zinc and tin production Wimbledon
  • Manufacture of watches and clocks Sawbridgeworth
  • Wholesale of meat and meat products Bakewell
  • Research and experimental development on social sciences and humanities Cranbrook
  • Manufacture of bodies coachwork for motor vehicles except for caravans Hawes
  • Retail sale via stalls and markets of food, beverages, and tobacco products Boroughbridge
  • Agents specialized in the sale of other particular products Bingley
  • Manufacture of fluid power equipment Sandbach
  • Other building and industrial cleaning activities Olney
  • Veterinary activities South Shields
  • Repair and maintenance of ships and boats Buxton
  • Manufacture of imitation jewellery and related articles Lyme Regis

Popular loan to value ratios of Lloyds interest only mortgages for people over 60, HSBC interest only mortgages for over 70s, Halifax mortgages for pensioners over 60, Legal and General over 60 lifetime mortgages no fees, Royal Bank of Scotland retirement interest only mortgages over 75 and Nationwide BS mortgages for over 70s are 45%, 55% and 65%.

Does Sunlife do Retirement Mortgages?

Yes, Sunlife Retirement Mortgages are 2.12% MER.

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is a Private Tenant.

UK Lenders for Equity Release similar to Sunlife Equity Release

  • Age Partnership
  • Stonehaven
  • Bower
  • Norwich Union
  • Sunlife Equity Release

Does Sunlife offer Equity Release Under 55?

Yes, Sunlife Equity Release Under 55 is 1.97% MER.

Sun Life Equity Release Plans

If you are looking for a low rate, no fee equity release you should consider Sun Life Equity Release Schemes.

Common retirement finance offerings include Lloyds Bank later life mortgages, Barclays Bank retirement mortgages, Post Office interest only mortgages for over 70s, L&G interest only lifetime mortgages and Nationwide mortgages for over 65.

Does Sunlife offer Lifetime Mortgages?

Yes, Sunlife do lifetime mortgages at 2.13% APRC. Sunlife Lifetime Mortgages have a loan to value of 65%.