Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

We specialise in arranging mortgages for pensioners, lifetime mortgages and mortgages into retirement.

 

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LIFETIME INTEREST ONLY MORTGAGE RATES

 

Rates are currently available from 3.02% fixed for life (3.13% APRC).  

 

A lifetime interest only mortgage of £100,000 based on this interest rate would give you monthly payments of £251.66 if you chose to service the interest.  This example is based on a 74 year old owning a property valued at £400,000. 

Assuming he lived for 15 years and paid the interest (180 monthly payments) he would pay back a total of £45,299 in interest with the £100,000 capital to be repaid from the sale of the property.

The lender charges no fees and would give you a free valuation.  You would be charged our standard broker fee of £995 payable on completion.

The actual rate would depend on your individual circumstances.

 

Please ask for your free personalised key facts illustration.

Call us on freephone 0800 158 3220 or request a call back.