1.98% MER Aviva Equity Release for homeowners and RIO

Retirement Interest Only Pensioner Mortgages

Release tax-free cash from your house
Not necessary to make regular monthly payments unless you want to pay interest only
Use the cash to pay off loans and credit cards
Continue to stay in your property
Could be used to optimise tax planning

Your Requirements
Property is:*
How Much Money Would You Like Release or Borrow?*
Please enter a number from 5000 to 2000000000.
Value Of Your Property?*
Total amount of mortgage/loans you have on your home*
About You
Please tell us about yourself and what you want
My circumstances*
- I have no spare income for a monthly payment
- I have income but don't want a monthly payment
- I want to make a monthly payment
- I'm not sure
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Date of Birth*
Date Format: DD dot MM dot YYYY
Contact Phone Number:*
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RIO retirement interest only mortgages for people on a pension

5 Year Chart of 10 Year Interest Rates — 5 Year Chart

RIO retirement interest only mortgages
Money tied up in home
RIO

Home equity
Homeowner in their 70s

It is very regular to discover individuals looking for interest-only lifetime mortgages, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, the Telegraph like Fortify Insurance Solutions are keen to see paperwork to show your situation in the form of bank statements.

Providers for Equity Release

Key Retirement
Stepchange
Age Partnership
AA equity release

Advantages of Equity Release Schemes

Can be a vehicle to reduce tax bills and interest rates can be quite low. A low-cost way of helping the family to buy their own home or pay down your credit cards and loans, so you have lower monthly outgoings.

Equity Release LTV

55% lump sum lifetime mortgages Fortify Insurance Solutions
60% loan to value lump sum lifetime mortgages Legal and General
30% LTV monthly payment lifetime mortgage Scottish Widows Bank

The lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.

UK Equity Release Lenders

It is usual to find individuals searching for monthly payment equity release, monthly payment lifetime mortgage or home reversion plans, however, Aviva like AA equity release are eager to see proof of your situation in the form of investment statements.

Aviva Lifetime Mortgages for Pensioners
Bridgewater Lifetime Mortgage
Just Retirement Equity Release
Liverpool Victoria LV Equity Release
Stonehaven Interest Only Lifetime Mortgage
Nationwide Equity Release Schemes
NatWest Equity Release
Royal Bank of Scotland Equity Release
Age Partnership Equity Release Plans
Canada Life Lifetime Mortgage
Just Retirement Drawdown Lifetime Mortgage
Liverpool Victoria LV Equity Release Schemes
HSBC Interest Only Lifetime Mortgage
Saga home reversion plan
Age Partnership Equity Release
Just retirement equity release key features
Nationwide Equity Release Plans
Royal Bank of Scotland Interest Only Lifetime Mortgage
Liverpool Victoria LV= Lump-Sum Plus Lifetime Mortgage
More2Life Tailored Choice Plan
Stonehaven Interest Select Plan
Nationwide Equity Release Plans
Age Partnership Lifetime Mortgage

hitachi interest only retirement mortgage

Telephone:

02087486233

Drawbacks of Equity Release Schemes

A monthly payment lifetime mortgage can reduce the inheritance for your family. Lifetime mortgage with flexible drawdown cash release may impact the ability to claim entitlements. You may need to pay a valuation fee, and you could be exposed to changes in interest rates with some products. Under 55 Home owner

How much is it common to release from a home

The more aged you are and the unhealthier you are, the more cash you can release.

Aviva

Your Requirements