A Five Star Lifetime Mortgage
Homeowners approaching retirement and considering an equity release scheme might find the latest preferential lifetime mortgage available through Age Partnership particularly appealing.
Age Partnership have teamed up with LV= to offer you a free valuation as part of this lifetime mortgage. This has the potential to save you hundreds of pounds. Furthermore, this lifetime mortgage has been awarded five stars by Defaqto for its great features.
Taking Advantage of a Great Lifetime Mortgage
Taking out a lifetime mortgage at the moment is also considered beneficial after the Nationwide reported that house prices had increased by 10.5% year-on-year in April – the first time in almost two years.
This news could be particularly useful for customers considering a lifetime mortgage. With house prices increasing, the compound interest – which is the interest on interest on the original lump sum released – will be off-set against future rises in the value of the property. This debt will then be paid off when the homeowners move into full-time care or pass away at a time when house prices might be higher.
Another key feature of lifetime mortgages is that you continue to own 100% of your property after releasing a tax-free lump sum from the value and there is a no negative equity guarantee.
This is a limited time offer so don’t miss out on the opportunity of a free property valuation when taking out this lifetime mortgage from LV= through Age Partnership.
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