There are certain differences between enhanced annuities and enhanced lifetime mortgages although on the surface one can be forgiven for getting confused between the two. Enhanced Annuities The object of enhanced annuities is to provide an income stream from your private pot on the date of your retirement. You have the option of taking a […]
The four main companies that will take health into account when assessing you for your equity release plan are: Aviva more2life Partnership Just Retirement. These four equity release companies have extensive experience when it comes to enhanced lifetime mortgages and were the first companies who offered enhanced annuities to retired people. Using the data from […]
Compare deals when you’re looking to take out your enhanced lifetime mortgage. By looking at the features of the four main providers, you will be able to take the benefit of the best rates and features. Aviva Aviva is a household name when it comes to insurance and financial products and their enhanced lifetime mortgage […]
Just Retirement have been providing equity release plans for over seven years and are now offering their Just Retirement Lump Sum Plus Plan for those who are looking to maximise the value of their home and use that value to enhance retirement. There are two ways in which people can raise a much-needed lump sum: […]
The Partnership Enhanced Lifetime Mortgage has a range of benefits attached to it. Partnership has a long history in the provision of health-impaired products and has now extended this experience to offer the Partnership Enhanced Lifetime Mortgage. The Partnership Enhanced Lifetime Mortgage is based on your lifetime expectancy, the value of your home and any […]
Are you aware that you could qualify for an enhanced lifetime mortgage? You could increase the amount of tax free cash from the market value of your home by answering some simple questions on your lifestyle and health. If you answer “yes” to any of the questions on the lifestyle questionnaire you could be on […]
Naturally, there are criteria for impaired life equity release plans. The plans are medically underwritten; however, there is no medical examination required. All that is required are medical records from your doctor and in some cases depending on what you have answered in the lifestyle questionnaire, you may be required to have a visit to […]
How much can be borrowed from an Enhanced Lifetime Mortgage is an open question and is all dependent on your lifestyle questionnaire. The difference between a standard release mortgage and an enhanced one is substantial and the tax free lump sum threshold increases with a more severe history of medical problems. Here’s a typical example […]
There are some big decisions to make when it comes to choosing what you want from your lifetime mortgage plan. The biggest question that is asked is: Shall I take the maximum release? Here are five good reasons that could help you to make this decision. 1 Mortgage Repayment You’re over the age of 55-years […]
There are so many perks to equity release schemes and with the market widening and providers vying to offer you such products, as the profits for them are almost guaranteed, your health can be the deciding factor in just how much you can release from your property. Your health will always be your best asset […]
What is the Purpose of an Equity Release Calculator?
The biggest question you have with any mortgage product is — can you afford it? You may not be ready to talk with a mortgage ...
The Benefits of Not Using the Aviva Equity Release Eligibility Calculator
Calculators are not created equal in the equity release market. Instead, many companies have their own calculators on their website, while there are independent websites ...