Low, Fixed Interest Rate Lifetime Mortgage
Releasing equity is a great way to supplement your income in retirement and right now you could benefit from a low, fixed interest rate lifetime mortgage courtesy of Aviva and Age Partnership.
The preferential plan offered to Age Partnership customers by Aviva makes the most of the low interest rates in the UK and will allow you to fix these for life. The overall cost for comparison is 6.7% APR.
What’s more, a main feature of any roll up lifetime mortgage will mean that you won’t have any monthly repayments to make. Instead, the value of the equity release plan will be paid when you leave your home either to move into full-time care or you pass away.
Cash Bonus Too
As well as benefitting from the low, fixed interest rate, customer’s taking out this preferential lifetime mortgage will also get £200 cash on completion.
Plus, with all equity release schemes being tax-free, you can benefit further from the value of your home with this plan.
This preferential lifetime mortgage is only available for a limited time so you’ll need to move quickly to enjoy its benefits and make the most of the value of your home.
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