2.42% APR TSB Bank Lifetime Mortgages and Equity Release

tsb

  • Release equity from your house
  • No need to make regular monthly payments
  • Use the money for a motorhome or new car
  • Are you still paying a mortgage? We can help with that
  • Continue to stay in your property for as long as you like
  • Could be used to help tax planning
  • 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



Raise money with your home
Homeowner in their 60s
Home equity Tied Up
Putney Home

Interest Only Mortgages For Over 60S

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 Owner Occupier.

  • Aviva Lifetime Mortgage
  • Canada Life Voluntary Select Gold
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Lloyds Bank Equity Release
  • Saga Equity Release Schemes
  • L&G Legal & General Flexible Lifetime Mortgage
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • TSB Equity Release
  • Royal Bank of Scotland Equity Release Schemes
  • Age Partnership Equity Release
  • More2Life Capital Choice Plus Plan
  • Bridgewater Equity Release Schemes
  • Nationwide Equity Release Plans
  • Royal Bank of Scotland Interest Only Lifetime Mortgage
  • Age Partnership Interest Only Lifetime Mortgage
  • Just retirement defined benefit
  • Stonehaven Interest Select Plan
  • Royal Bank of Scotland Interest Only Lifetime Mortgage

Downsides of Lifetime Mortgages

Lumpsum lifetime mortgages can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to claim benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

Equity release is common among small business owners like below

  • Renting and leasing of other machinery, equipment and tangible goods n e c Walton-on-Thames
  • Collection of non-hazardous waste Whitworth
  • Manufacture of other technical ceramic products Burton Latimer
  • Transport via pipeline Marazion
  • Retail sale by opticians Northfleet
  • Plant propagation Wickham
  • Foreign affairs Ramsgate
  • Repair of footwear and leather goods Watton
  • Support activities for other mining and quarrying Manningtree
  • Activities of sport clubs Bude-Stratton
  • Other treatment of petroleum products excluding petrochemicals manufacture Cramlington
  • Other activities auxiliary to insurance and pension funding Southminster
  • Manufacture of malt Langport
  • Deep coal mines Highbridge
  • Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Halesworth
  • Manufacture of sugar Accrington
  • Manufacture of other ceramic products n e c Harlow
  • Pre-primary education Banbury

Aviva Retirement Mortgages

More2Life Drawdown Lifetime Mortgages

LV

Aviva Drawdown Lifetime Mortgages

Legal and General Mortgages

LV Drawdown Lifetime Mortgages

Equity Release LTV Percentages

  • 50% monthly payment equity release Legal & General
  • 40% loan to value monthly payment equity release Step Change
  • 30% loan to value lifetime mortgage with flexible drawdown cash release Spring Finance
  • 60% loan to value (LTV) lumpsum lifetime mortgages Precise
  • 25% loan to value monthly payment equity release Keystone
  • 25% LTV monthly payment lifetime mortgage Evolution Money

It is usual to find individuals searching for home reversion schemes, lump sum life time mortgages or home reversion schemes, however, Age Partnership like AIG Life are keen to see evidence of your personal circumstances in the form of bank statements.

Providers for Equity Release

  • Age Partnership
  • Norwich Union
  • Key Retirement
  • The Exeter Equity Release

Legal & General - Flexible Blue

Pure Retirement - Classic Super Lite Plan

Just Retirement - Roll-Up Lifetime Mortgage

Canada Life Home Finance lifetime mortgage for properties in Scotland

Mortgages For Retirees


Equity Release LTV Percentages

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

Areas of the UK where Lifetime Mortgages are common

  • Scunthorpe
  • Faringdon
  • Dukinfield
  • Barnsley
  • Gillingham
  • Northwich
  • Billericay
  • Christchurch
  • Redhill
  • Gillingham
  • Cranbrook
  • Stalybridge
  • Southwick
  • Stony Stratford
  • Henley-in-Arden
  • Kempston
  • St Blaise
  • Brixham