Legal and General Lifetime Mortgages
- Remove tax free money from your home
- No need to make regular monthly payments
- Use the money for a motorhome or new car
- Still have a mortgage? No problems
- Continue to stay in your home
- Legal and General rates from 3.82%
It’s usual to find individuals seeking out lifetime mortgage with flexible drawdown cash release, lifetime mortgage with flexible drawdown cash release or monthly payment equity release however Key Retirement like The Exeter Equity Release are keen to see paperwork to show your personal circumstances in the form of bank statements.
Equity Release percentages of your current property value
The more aged you are and the sicker you are the more tax free money you can release
Equity Release UK Providers
- Key Retirement
- Liverpool Victoria
- Bower
- Prudential
What percentage can be released?
- 60% lumpsum lifetime mortgages Legal & General
- 55% loan to value home reversion plans Norton Finance
- 40% loan to value home reversion plans Foundation Home Loans
- 25% loan to value (LTV) home reversion schemes Marsden
The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the occupier is a Owner Occupier.
UK Equity Release Scheme Providers
It is common to discover individuals looking for monthly payment life time mortgage, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release however the Telegraph like AA equity release are eager to see evidence of your personal circumstances in the form of pension statements.
- Aviva Equity Release Plans
- Liverpool Victoria LV Equity Release Schemes
- Pure Retirement Equity Release Schemes
- Nationwide Equity Release Plans
- Lloyds Bank Equity Release
- TSB Equity Release Plans
- Canada Life Landlord Voluntary Select Plan
- Hodge Lifetime Mortgage Flexible Drawdown Plan
- Just Retirement Interest Only Lifetime Mortgage
- HSBC Equity Release
- Lloyds Bank Lifetime Mortgage
- More 2 Life Flexi Choice Voluntary Payment Super Lite
- NatWest Equity Release
- Aviva Lifetime Mortgages for Pensioners
- Royal Bank of Scotland Equity Release Schemes
- Hodge Lifetime Flexible Drawdown Plan
- Just retirement equity release key features
- Liverpool Victoria LV Equity Release Plans
- Stonehaven Equity Release Scheme
- Nationwide Equity Release
- HSBC Lifetime Mortgage
- Lloyds Bank Equity Release
- Barclays Equity Release
- Royal Bank of Scotland Equity Release Schemes
- Saga home reversion schemes
Drawbacks of Equity Release Schemes
Interest-only lifetime mortgages can reduce your estate value. Lifetime mortgage with flexible drawdown cash release may impact ability to get state benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.
Uses of Home Reversion Schemes
Can help tax planning and interest rates on the money can be appealing. Help a family member buy their own home with a modest mortgage or pay off your own debts like loans and credit cards so you have lower monthly outgoings.