An interest only lifetime mortgage is a scheme that will allow you to keep as much equity in your property as possible once it is sold, and which will help you to generate a maximum income, with fairly small repayments. Basically, instead of repaying your mortgage debt in conventional instalments which are, of course, dictated […]
Read More Advantages of Interest Only Lifetime Mortgages, Conventional Loans, Conventional Mortgage Scheme, Equity, Equity Release, Equity Release Mortgages, Interest Only Lifetime Equity Releases, Interest Only Lifetime Mortgage, Interest Only Lifetime Mortgage Products, Interest Only Loans, Interest Only Mortgage, Lifetime Mortgage, Lifetime Mortgage Products, Long Term Care Facility, Lump Sum Lifetime Mortgage, Maximum Income, Mortgage Debt, Mortgage Scheme, No Negative Equity, Release Equity, Release Equity From Your Home, Small RepaymentsUnderstandably, the lower the set up costs for any mortgage, the better. This is the same for equity release schemes, which can vary significantly from lender to lender. It is always best advice therefore to seek independent financial advice from an experienced broker to research for you. Being whole of market, once a full financial […]
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