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4.39% APR Just Retirement Equity Release Over 60 – Updated For 2024

Just Retirement Equity Release
retirement interest only mortgages
  • Remove tax-free equity from your house with Just Retirement Equity Release
  • You don’t need to make regular monthly payments
  • Free Valuation
  • No product fee
  • No early repayment charges
  • Use the money to buy another property
  • Continue to stay in your property for as long as you like
  • Often used to help tax planning
  • Variable rates 2.39% APR
  • Your Requirements

  • About You

Product Reviews

equity release

William from Birmingham

My son knew a guy that owned 6 pubs. Because of successive lockdowns due to covid 19 coronavirus, he had to do a quick sale on his holiday home in Cornwall. My equity release money bought his flat at 35% under market value and not only does my family have the shared use of a holiday home, but the rental income is also much more than the interest on the equity release.

lifetime mortgages

Mr Shaw from Bradford

I thought I was going to have to sell my home to pay back my mortgage as the bank wanted their money back. With the money left, I could only afford a flat and I would have been further away from my daughter and her children. Downsizing was a bad idea for me.

My lifetime mortgage was ideal for me as I had no monthly repayments and I paid off my old mortgage. I saved the cost of moving to a new flat where I would pay to move to a place I did not want. The no negative equity guarantee and equity release council assurances were very important to me. I am better off each month and have some tax-free cash ready if repairs to the house are necessary.

retirement interest-only mortgages

Mr Howarth from Leeds

I am healthy and have a good income from my pensions for later life. I decided to release money from my unencumbered home with a retirement interest-only mortgage (RIO mortgage), so I could get a new kitchen and bathroom and give money to my children so they could move house and buy bigger homes.

I did not have any problems with a minimum or maximum age requirement or affordability. The interest rate was very low like a prime conventional mortgage from a bank or building society. The monthly payment was tiny compared with the rest of my outgoings. The whole process was authorised and regulated by the finance conduct authority.

equity release

Mrs Yardly from Sheffield

I had an old, tired car and a very unreliable central heating system. Repair bills continually mounted up meaning I had less money to spend on holidays and other nice things. A friend said I should consider equity release, but I was put off by the horror stories of the roll-up/compounded interest destroying people’s homes.

When I did my own homework, I found in 2024 equity release interest rates were very low and the negative press was around people who had been ripped off with high rates in the past.

Even if my house price only went up a little the roll-up interest would be covered. The equity release enabled me to get a nice 3-year-old car and a new boiler, so I was not wasting money all the time on repairs!

Equity Release

Mrs Heart from Aberdeen

I was struggling to pay my mortgage and had no money left at the end of the month for emergencies, let alone saving for a holiday. I had investigated home reversion plans, but they did not appear to be the right solution. Equity Release for older borrowers with no monthly repayments was exactly what I wanted, and the interest rate was very low.

I was able to pay off my mortgage.

I live in an area where house prices are going up nicely so keeping 100% ownership of my own home is wise. I am confident that my house price appreciation will be much bigger than my roll-up interest.

Under 55 Homeowner

It’s often found to encounter people seeking out interest-only lifetime mortgages, monthly payment lifetime mortgages or home reversion plans. However, Age Partnership like Zurich is keen to see paperwork to show your circumstances in the form of investment statements.

retirement interest only mortgages

Equity Release percentages of your current property value

The more elderly you are and the unhealthier you are, the more cash you can release with Just Retirement Equity Release

Equity Release Lenders

  • the Telegraph
  • Prudential
  • Bower
  • Just Retirement Equity Release
  • Maximum cover Equity Release
  • Simply Just Rethink Retirement!
  • Just Retirement Equity Release

How much is it common to release from a home

  • 50% monthly payment lifetime mortgage Old Mutual Wealth
  • 50% loan to value monthly payment lifetime mortgage – Age Concern
  • 25% loan to value lifetime mortgage with flexible Bank
  • 60% Just Retirement Equity Release

The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the occupier is an AST Tenant.

retirement interest only mortgages

UK Equity Release Scheme Providers similar to Just Retirement Equity Release

It’s very common to encounter people searching for home reversion plans, lumpsum lifetime mortgages or lifetime mortgages with flexible drawdown cash release, however, the Telegraph like Royal London Equity Release is eager to see proof of your circumstances in the form of investment statements.

  • Bridgewater Equity Release Schemes
  • Canada Life Equity Release Schemes
  • Just Retirement Equity Release Plans
  • Nationwide Interest Only Lifetime Mortgage
  • More to Life Tailored Choice Plan
  • Royal Bank of Scotland Lifetime Mortgage
  • Age Partnership Equity Release Schemes
  • More to Life Capital Choice Plus Plan
  • Liverpool Victoria LV Equity Release
  • Pure Retirement Classic Voluntary Payment Super Lite
  • Stonehaven Interest Only Lifetime Mortgage
  • NatWest Lifetime Mortgage
  • Royal Bank of Scotland Interest Only Lifetime Mortgage
  • Saga Equity Release Schemes
  • Lifestyle Flexible Option
  • Hodge Equity Release Schemes

Does Just Retirement offer Equity Release?

Yes, Just Retirement Equity Release is 1.96% APR.

Pensioner Mortgages

Equity Release Yorkshire Building Society YBS

Does Just Retirement offer Pensioner Mortgages?

Yes, Just Retirement Pensioner Mortgages are 1.86% APRC.

Yorkshire Bank Equity Release Scheme

Does Just Retirement offer Retirement Mortgages?

Yes, Just Retirement Retirement Mortgages are 1.83% APR.

YB-Yorkshire Bank Lifetime Mortgage

Legal & General Lifetime Mortgage

Downsides of Lifetime Mortgages

Monthly payment equity release can reduce the inheritance for your family. Monthly payment equity release may impact entitlements to state benefits. You may need to pay a broker’s fee, and you could be exposed to changes in interest rates with some products.

Metrobank Lifetime Mortgage

Applications of Equity Release Plans

It could be a vehicle to reduce tax bills and interest rates. Help a member of your family buy a home that they couldn’t afford otherwise, or pay down your credit cards and loans so you have more monthly disposable income.

Mortgages For Over 70’s
Metrobank Equity Release

Does Just Retirement Do Equity Release Under 55?

Yes, Just Retirement Equity Release Under 55 is 2.24% MER.

Do Just Retirement Do Lifetime Mortgages?

Yes, Just Retirement does a lifetime mortgage at 2.25% APRC. Just Retirement Lifetime Mortgages have a loan to value of 70% – Updated For August 2024

Is just retirement a good company?

Yes, just retirement reviews online are excellent.

Can I retire on equity release?

Yes, just equity release can help you with this.

Is equity release really a good idea?

Yes, it can be for many people, just rethink retirement can advise you

Does Just Equity release charge a big fee?

No, the fees when you apply for a just lifetime mortgage are very low.

Does Just Equity release do Northern Ireland?

Yes, the just retirement equity release reviews for Northern Ireland are excellent

Yes, it is safe and strictly regulated.

https://www.wearejust.co.uk/products/equity-release/our-equity-release/

https://www.wearejust.co.uk/

https://uk.trustpilot.com/review/wearejust.co.uk

Does Just Retirement offer retirement remortgages for over 60s?

Yes, a Just Retirement retirement remortgage for homeowners over 60 is 3.8% MER fixed.

Does Just Retirement offer pensioner remortgages for the over 60s?

Yes, a Just Retirement pensioner remortgage for people over 60 is 3.53% MER variable.

Does Just Retirement offer later life remortgages for over 60s?

Yes, a Just Retirement later life remortgage for pensioners over 60 is 3.76% APR variable.

Does Just Retirement do the best remortgages for the over 60s?

Yes, a Just Retirement offers the best remortgage for retired for people over 60 is 3.74% MER fixed.

Does Just Retirement do a remortgaging option for people over 60?

Yes, Just Retirement remortgaging options for over 60s are 3.64% AER fixed.

Does Just Retirement offer a mortgage calculator for pensioners over 60?

Yes, Just Retirement mortgage calculators for the over 60s show 3.85% AER fixed.

Does Just Retirement offer RIO mortgages for over 60s?

Yes, a Just Retirement RIO mortgage over 60 is 3.79% APRC fixed.

Does Just Retirement offer a retirement interest only mortgage for pensioners over 60?

Yes, Just Retirement retirement interest only mortgages for over 60s are 3.97% MER fixed.