2.12% MER More to Life Equity Release Schemes – new rates from September 2020

RIO retirement interest-only mortgages

  • Release cash from your house
  • You don’t need to make regular monthly payments unless you want to
  • RIO retirement interest-only mortgages are available
  • Help your family with the cash you release
  • Continue to stay in your house
  • Your Requirements

  • About You

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Cash tied up in home
retired pensioner remortgage
Mortgages for retired pensioners

  • Your Requirements

  • About You

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  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

It’s very regular to find individuals seeking out monthly payment lifetime mortgage, monthly payment lifetime mortgage or monthly payment lifetime mortgage however Key Retirement like Maximum cover Equity Release are keen to see evidence of your situation in the form of pension statements.

How much is it common to release from a home with more to life equity release plans

The more elderly you are and the unhealthier you are, the more tax-free cash you can release

UK Equity Release Scheme Providers

  • the Telegraph
  • Santander
  • Legal and General

TSB Equity Release Plans
Mortgages for Pensioners 65s 70s 70s
Metrobank Equity Release
Yorkshire Building Society YBS Lifetime Mortgage
Pensioner Mortgages from TSB
Equity Release Yorkshire Building Society YBS
YBS Interest Only Lifetime Mortgage
TSB Lifetime Mortgage
Metrobank Lifetime Mortgage
Which? Equity Release Scheme
Yorkshire Bank Equity Release Scheme
YB-Yorkshire Bank Lifetime Mortgage
Which? Money Lifetime Mortgage
Legal & General Lifetime Mortgage

How much is it common to release from a home

  • 60% monthly payment equity release Old Mutual Wealth
  • 25% LTV monthly payment lifetime mortgage Central Trust
  • 40% loan to value monthly payment equity release West One

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the occupier is a Private Tenant.

UK Providers for Equity Release

It is usual to discover people looking for lump sum lifetime mortgages, monthly payment lifetime mortgage or monthly payment equity release however Lifetime Mortgage from L&G like Zurich are eager to see paperwork to show your circumstances in the form of investment statements.

  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Pure Retirement Classic Voluntary Payment Super Lite
  • Hodge Lifetime Mortgage Flexible Drawdown Plan
  • More to Life Capital Choice Plus Plan
  • Stonehaven Lifetime Mortgage
  • Nationwide Equity Release Plans
  • HSBC Equity Release Schemes
  • Royal Bank of Scotland Equity Release Schemes
  • Saga Lifetime Mortgage
  • Hodge Lifetime Flexible Drawdown Plan
  • HSBC Equity Release
  • Saga home reversion plan
  • Aviva Equity Release Schemes
  • Just retirement equity release key features
  • Liverpool Victoria LV Equity Release Schemes
  • Pure Retirement Equity Release
  • TSB Equity Release Plans
  • Barclays Equity Release Plans

RIO

Disadvantages of Home Reversion Plans

A monthly payment lifetime mortgage can reduce the inheritance for your family. Home reversion schemes may impact the ability to claim entitlements. You may need to pay an advisor’s fee, and you could have higher rates to pay with some plans.
mortgages for pensioners over 70

Uses of Home Reversion Schemes

Could be used to optimise tax planning and interest rates on the money can be appealing. Help a member of your family buy their own home that they couldn’t afford otherwise or pay down your personal debts so you can spend more of your monthly income.