Tag: Lifetime Mortgage
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Get a Better Rate on Your Lifetime Mortgage
Are you considering a lifetime mortgage to release some equity from your home? You might want to take a look at the new Apex Interest Reward product from more2life. This new product could help you save money on your mortgage payments! How does it work? The Apex Interest Reward product works like a regular lifetime…
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Lifetime Mortgages On The Rise
It seems like house prices are on the rise again, and that’s good news for people looking to release some equity from their home. A recent study from Pure Retirement, a company that specialises in lifetime mortgages, shows that the average property value of new lifetime mortgage customers is now over £423,000. Homes Getting More…
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Early Repayment Charges on Lifetime Mortgage Costs Just Got Lower
A popular lifetime mortgage provider has just made it easier to access their money and potentially save you cash in the long run. More2Life, a big name in the lifetime mortgage market, has announced changes to their popular Maxi plan that could save you a packet! What’s Changed? The main change is that the dreaded…
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Livemore Announces Cheaper Rates to Unlock Your Home’s Value
If you’re over 55 and have a bit of equity tied up in your home, you might be interested in this news! LiveMore, a company that offers special mortgages for older homeowners, has just reduced their rates. This means you could unlock more of your home’s value and use it for things like topping up…
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No More Repayment Fees on More2life Lifetime Mortgages!
Good news for those approaching retirement age! More2life, a leading provider of lifetime mortgages, has introduced a new product called Maxi Zero ERC. This game-changing product lets you borrow money against your home without worrying about early repayment charges (ERCs). That means you can repay your loan early without paying any extra fees. Why is…
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Record Property Wealth for Over-55s
The value of homes in the UK has been on the rise, and that’s good news for homeowners, especially those approaching retirement. According to the Equity Release Council, the total value of property equity in the UK has hit a record high of £5.7 trillion. That’s more than the £5.6 trillion reached back in mid-2022,…
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Retirement Loans Take a Dip – What Does It Mean for You?
New figures have been released that show a drop in the number of people taking out later life loans, which are designed to help us make the most of our homes in retirement. The data comes from UK Finance, which keeps track of how much money is being loaned out. They found that in the…
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Unlocking Your Home’s Value – How Equity Release Can Help You Go Green
Are you thinking about retirement and how you can make your home more energy-efficient? Well, you’re not alone! Many people are looking at ways to lower their energy bills and make their homes more comfortable. And now there’s a new way to do it, combining equity release with home improvements. Equity release is a popular…
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Good News for Over-50s – Mortgage Rates Just Got Cheaper!
Are you looking to buy a new home or remortgage, but worried about rising interest rates? Well, there’s some good news for those of us over 50. LiveMore, the mortgage lender that specialises in borrowers aged 50 to 90-plus, has just slashed their mortgage rates. The biggest reductions are on the longer-term fixed rates, giving…
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How To Save Thousands on an Equity Release Loan
Are you worried about having enough money to live comfortably in retirement? You might be able to unlock some of the value of your home, and even save thousands in the process. Equity release lets homeowners over 55 borrow money against the value of their property. This way, you can access cash without having to…