Take A Lifetime Mortgage Tracker & Find Out How You Could Fund
Your Financial Needs in Ashford

Whether you’d like to increase your retirement income, fund home improvements or
help loved ones, a lifetime mortgage offers a versatile solution. To qualify, you
typically need to be a homeowner aged 55+, with equity built up behind you to use
as you choose. With flexible options, you can keep living in your home while
accessing tax-free funds, giving you the financial aid you need at this stage in your
life.

What Is A Lifetime Mortgage?

A lifetime mortgage is a loan secured against your home, allowing you to release
some of the equity you have built up over the years without needing to move. Your
lifetime mortgage can be personalised to your wants and needs. There are many
features and benefits available to help ensure the plan you receive is the right one
for you. These include options such as receiving the money as a lump sum or in
smaller amounts over time. Additionally, you can choose whether or not to make
repayments, and the interest can be added to the loan balance over time. This
flexibility ensures that you can tailor the arrangement to fit your financial situation
and future plans comfortably

Key Assets of Lifetime Mortgages

  • Loan Against Home Value: Homeowners can borrow a lump sum, regular smaller sums or a combination of both, based on the value of their property.
  • No Repayments:  The loan, plus any interest, is repaid when the homeowner dies or moves into long-term care.
  • Ownership: Homeowners can continue to own their home and live in it until their circumstances change.
  • No Negative Equity: Many lifetime mortgages include a guarantee to ensure that the debt will never exceed the value of the home.

How Can Using A Lifetime Mortgage Benefit You?

  • Residential: Equity release can be used to make changes to your home to support your needs, allowing you to live independently for longer.
  • Health: Extra money can help to pay for medical bills or private healthcare, supporting you when you need it.
  • Familial: Equity release can provide financial help to family members, helping them to flourish and grow.
  • Financial: Lifetime mortgages can reduce debts, potentially lowering any monthly payments to relieve you and your outgoings.
  • Leisure: Extra funds can improve your quality of life in later years.

Talk To A Lifetime Mortgage Advisor in Kent

Our lifetime mortgage providers are here to guide you through the process, offering advice tailored to your financial needs.

Contact us for advice and book a consultation to explore how equity release could allow you to go for and achieve your future goals.

Why wait?

Phone: 07789885611 Email: money@lifetimemortgages.info

This is a lifetime mortgage. To understand the features and risks please ask for a personalised illustration. Check that this mortgage will meet your needs. If you want to move or sell your home, or you want your family to inherit it. If you are in any doubt, seek independent advice.

A fee may be charged for equity release advice. The exact amount will depend on your circumstances, but we estimate this will be £1495 on completion.

Lifetimemortgages.info is a trading style of The Later Life Lending Network Ltd which is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 09832887 Registered address 70 St. Johns Close, Knowle, Solihull, West Midlands B93

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Last Update: September 25, 2024