- Release equity from your home
- No monthly repayments
- Use the cash for anything you like
- Continue to live in your own home
- Can be used to optimise tax planning
It’s usual to discover people seeking out a lifetime mortgage with flexible drawdown cash release, lifetime mortgage with compliant drawdown cash release or lumpsum lifetime mortgages. However, Age Concern like Maximum cover Equity Release is keen to see proof of your circumstances in the form of investment statements.
UK Lenders for Equity Release
- Age Concern
- Prudential
- Age Partnership
- Liverpool Victoria
Uses of Lifetime Mortgages
Often used to manage inheritance tax bills and interest rates can be attractive. Help a family member buy their own home with a modest mortgage or pay off your debts like loans and credit cards so you can spend more of your monthly income.
Equity Release LTV
- 55% home reversion schemes Aegon
- 55% LTV home reversion plans the Telegraph
- 25% LTV home reversion plans Hodge
The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an AST Tenant.
Providers for Equity Release
It’s often found to discover individuals seeking out a lifetime mortgage with flexible drawdown cash release, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Key Retirement like Zurich are eager to see paperwork to show your circumstances in the form of investment statements.
- Bridgewater Lifetime Mortgage
- Canada Life Voluntary Select Gold
- Nationwide Equity Release Schemes
- HSBC Equity Release
- NatWest Equity Release
- L&G Legal & General Flexible Plus Lifetime Mortgage
- Liverpool Victoria LV Equity Release Schemes
- Stonehaven Equity Release Scheme
- Nationwide Equity Release
- HSBC Equity Release Plans
- Royal Bank of Scotland Interest Only Lifetime Mortgage
- Saga home reversion schemes
- Age Partnership Lifetime Mortgage
- More2Life Capital Choice Plus Plan
- Canada Life Voluntary Select Gold
- Hodge Equity Release Schemes
- Stonehaven Interest Only Lifetime Mortgage
- HSBC Equity Release Schemes
- Lloyds Bank Lifetime Mortgage
- TSB Equity Release
- Barclays Equity Release
- NatWest Equity Release Plans
- Royal Bank of Scotland Lifetime Mortgage
- Hodge Lifetime Mortgage Plus
- Stonehaven Equity Release
- TSB Equity Release
- Barclays Equity Release
- Royal Bank of Scotland Equity Release
- More 2 Life Capital Choice Plan
Downsides of Home Reversion Schemes
Home reversion schemes can reduce the inheritance for your family. Lump-sum lifetime mortgages may impact the ability to get state benefits. You may need to pay a legal fee, and you could be exposed to changes in interest rates with some products.
Equity Release LTV
The more aged you are, and the sicker you are, the more money you can release.
- More2Life Equity Release Advisor
- Lve Equity Release Interest Rates
- Lifetime Mortgages Just Retirement
- Age Partnership Equity Release
- Bridgewater Equity Release Advisor
- Marsden Building Society Equity Release Interest Rates
- Lifetime Mortgages Santander
- Equity Release HSBC
- Yorkshire Bank Lifetime Mortgage
- Lifetime Mortgage Telegraph
- Halifax Lifetime Mortgage
- Pure Retirement Equity Release Schemes
- Sun Life Interest Only Lifetime Mortgages
- Zurich Equity Release Interest Rates
- Yorkshire Building Society Lifetime Mortgage
- Equity Release Canada Life
- Legal And General Lifetime Mortgage
- Key Retirement Equity Release
- Retirement Advantage Equity Release Schemes
- Canada Life Interest Only Lifetime Mortgages
- Saga Equity Release Interest Rates
- Under 55 Equity Release Advisor