by Mark Gregory+
on August 14, 2014
in Equity Release
What if you start talking with a broker about potential equity release products for your retirement? What if after you go through the whole process with a credit check, credit score check, age analysis, home value appraisal, and health questionnaire only to be turned down? It would not make your day, right? In fact, you […]
by Mark Gregory+
on October 21, 2013
in Enhanced Lifetime Mortgage, Equity Release
The number of health conditions that may entitle you to an impaired life equity release plan are vast and varied. However, you could have experienced more than one at some point in your life. As your advisor begins to get to know you, he or she will gather the information in order to establish the […]
by Mark Gregory+
on October 21, 2013
in Enhanced Lifetime Mortgage, Equity Release
If and when you consider an enhanced lifetime mortgage plan then knowing which companies offer such products based on life expectancy will help you to make an informed decision on which provider to approach. Aviva Aviva is a household name that offers enhanced lifetime mortgages based on your life expectancy and the value of your […]
by Mark Gregory+
on October 21, 2013
in Annuity, Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 21, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 18, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 18, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 18, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 18, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]
by Mark Gregory+
on October 18, 2013
in Enhanced Lifetime Mortgage, Equity Release
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 […]