The best equity release rates available on Monday 16 June
| EQUITY RELEASE AGE 60 |
|
| Lender: |
Royal London |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.22% |
| Free Valuation: |
Yes |
| Product Fee: |
FREE |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
Yes |
| EQUITY RELEASE AGE 65 |
|
| Lender: |
LV= |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.20% |
| Free Valuation: |
Yes |
| Product Fee: |
Free |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
Yes |
| EQUITY RELEASE AGE 70 |
|
| Lender: |
LV= |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.19% |
| Free Valuation: |
Yes |
| Product Fee: |
Free |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
Yes |
| EQUITY RELEASE AGE 75 |
|
|
| Lender: |
LV= |
| Mortgage Type: |
Lifetime Fixed |
| Interest rate: |
6.17% |
| Free Valuation: |
Yes |
| Product Fee: |
FREE |
| Legal Fee: |
£1095 |
| Voluntary Payments: |
Yes |
| Overpayments: |
Yes |
Based on a loan of £50,000 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.