This brand new enhanced plan allows you to release more money from your home whilst maintaining full ownership. It takes into consideration your health and lifestyle to calculate your equity so you could access more funds than before. As an Age Partnership client you could also access exceptional plan terms saving you up to £11,504*.
These include a preferential low interest rate that isn’t available direct through Aviva and a free property valuation – or £270 off the fee if your house is worth more than £250,000. Plus, you’ll also receive a £200 cash bonus when your plan completes.
But that’s not all! You can choose to guarantee a proportion of your property’s value at no extra cost.
The overall cost for comparison is 7.8% APR. Plan availability is subject to lender’s criteria. The actual rate available will depend upon your circumstances. Ask for a personalised illustration’.
You could release up to 37% more money with this brand new enhanced lump sum maxcompared to the standard lump sum max plan available before 18th July 2011.
*As well as the cash bonus and free property valuation, worth up to £470, if you were to release £45,000 you could save £11,304 in interest (over 20 years) with our preferential plan compared to going direct through Aviva. This is a total saving of up to £11,504.
For more information please follow this link http://www.agepartnership.co.uk/equity-release/things-to-consider/