- Remove tax free cash from your house
- No need to make monthly payments
- Use the money for a holiday
- Continue to stay in your property for as long as you like
- Can be used to manage inheritance tax bills
Its usual to discover individuals looking for interest-only lifetime mortgages, lump sum lifetime mortgages or lump sum lifetime mortgages, however, Just Retirement like Maximum cover Equity Release are keen to see paperwork to show your situation in the form of pension statements.
UK Equity Release Lenders
- Key Retirement
- Bridgewater
- Sunlife Plans
- Fortify Insurance Solutions
Advantages of Home Reversion Schemes
Often used to optimise tax planning and interest rates can be attractive. Buy a family member a home without a mortgage or pay off your own debts like loans and credit cards so you have more monthly disposable income.
Equity Release LTV
- 50% lumpsum lifetime mortgages Aegon
The 1st and 2nd charge lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.
UK Equity Release Lenders
It is common to discover people searching for lifetime mortgage with flexible drawdown cash release, lumpsum lifetime mortgages or home reversion schemes, however, More2Life like LV Liverpool Victoria are eager to see evidence of your personal situation in the form of pension statements.
- More 2 Life Tailored Choice Plan
- Lloyds Bank Equity Release
- Barclays Equity Release
- NatWest Lifetime Mortgage
- More to Life Flexi Choice Drawdown Lite Plan
- Royal Bank of Scotland Lifetime Mortgage
- HSBC Equity Release Schemes
- Age Partnership Equity Release Plans
- More2Life Flexi Choice Drawdown Lite Plan
- Stonehaven Lifetime Mortgage
- TSB Equity Release Plans
- NatWest Equity Release Schemes
- L&G Legal & General Flexible Max Scheme
- Pure Retirement Lifetime Mortgage
- Age Partnership Lifetime Mortgage
Common UK Equity Release Products
- Retirement Advantage Interest Only Lifetime Mortgages
- Lifetime Mortgage Norwich Union
- Equity Release Tsb
- Lifetime Mortgage Telegraph
- Hodge Equity Release
- Royal Bank Of Scotland Home Reversion Plans
- Lloyds Bank Equity Release
- Aviva Home Reversion Plans
- One Family Equity Release Interest Rates
- Zurich Equity Release Schemes
- Saga Equity Release
- Legal & General Lifetime Mortgage
- L&G Drawdown Lifetime Mortgage
- More2Life Lifetime Mortgages
- Marsden Building Society Home Reversion Plans
- Scottish Building Society Equity Release Reviews
- Yorkshire Bank Equity Release Advisor
- More 2 Life Equity Release Reviews
- Just Retirement Lifetime Mortgage
- Halifax Equity Release
- Pure Retirement Drawdown Lifetime Mortgage
- Rbs Interest Only Mortgage
- Canada Life Home Reversion Plans
- Equity Release Lloyds Bank
- Crown Lifetime Mortgages
- Canada Life Equity Release Schemes
- Lifetime Mortgage Sunlife
Pitfalls of Interest Only Lifetime Mortgages
Monthly payment equity release can reduce your estate value. Lumpsum lifetime mortgages may impact entitlements to state benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
Equity Release LTV
The older you are and the sicker you are the more tax free cash you can release.