The best equity release rates available on Friday 24 October
| EQUITY RELEASE AGE 55 |
| Lender: |
More2Life |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.99% (MER) |
| Free Valuation: |
Yes |
| Product Fee: |
£0 |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
10% per annum |
| Optional Monthly Interest Payment* |
£541.41 |
MORE INFO
| EQUITY RELEASE AGE 65 |
| Lender: |
Standard Life |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.05% (MER) |
| Free Valuation: |
Yes |
| Product Fee: |
£995 |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
10% per annum |
| Optional Monthly Interest Payment* |
£465.58 |
MORE INFO
| EQUITY RELEASE AGE 75 |
| Lender: |
More2Life |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
5.6% (MER) |
| Free Valuation: |
Yes |
| Product Fee: |
£0 |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
10% per annum |
| Optional Monthly Interest Payment* |
£430.91 |
MORE INFO
| EQUITY RELEASE AGE 85 |
| Lender: |
More2Life |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
5.6% |
| Free Valuation: |
Yes |
| Product Fee: |
£0 |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
10% per annum |
| Optional Monthly Interest Payment* |
£430.91 |
MORE INFO
Based on a loan of £90,000 for a property valued at £400,000, higher loan to value products are available, please asked for a personalised illustration. * Monthly Interest Payments are optional and can be amended or cancelled at any time.
Most of the best equity release mortgages can only be arranged through a mortgage broker.