Why not free up cash to enjoy your dream holiday?
Typically if you are over 55, you could release the equity in your home to allow you to enjoy life’s little luxuries. With Lifetime mortgage rates at historic lows now is a good time to consider taking much needed cash from your property. The money released can be used for any purpose: to supplement savings, pay for a new car or those long overdue home improvements, help family members or to simply reduce financial stress.
There is no need to make repayments as the interest can be rolled-up payable when the property is eventually sold. These products are designed for those over the age of 55 and should be discussed with close family members. Lenders offer a no negative equity guarantee and the property remains yours for life.