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 […]
There are a number of reasons why impaired equity release schemes are beneficial. Here are ten good reasons to consider such a scheme: 1 Offers Maximum Release of Equity from your Home You can borrow the maximum value of your home’s value (less any outstanding mortgage) and you can choose from a number of options […]
The best enhanced lifetime mortgage plan is a matter of choice and the one that best suits your needs. While there are many insurers offering different plans and mortgage brokers who have access to an extensive market, there are actually only four main providers for lifetime mortgage plans. These are: Aviva Just Retirement More2life Partnership […]
Researching your best options for an equity release plan can be a daunting task and using an enhanced lifetime mortgage calculator will give you a good guideline on the providers and what you’re likely to receive in terms of income or lump sum. Once upon a time, equity release providers would offer information only on […]
In short, any lender of a Lifetime Mortgage is going to weigh up the risks and the lesser the risks, the higher the chance of a person borrowing more money. In simple terms, the lender’s money will be repaid quicker on a property where the person dies in a shorter period of time, as opposed […]
An equity release plan is an enormous decision. Maximum equity release schemes are available and you will want to make sure you’re able to secure the very highest amount you will be able to raise. You might feel healthy and able to manage your life quite well without the need to be thinking about long-term […]
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 ...