A lifetime mortgage is the most common type of equity release mortgage in the UK and to be eligible for this type of equity release deal you must be over 55 years old. You can choose an equity release plan that will enable you to take all your money at once or obtain smaller amounts of cash as of when you require a much-needed boost.
The great thing about lifetime mortgages is that you could benefit from a combination of different options to not only save your property but also tailor your plan to your current and future requirements. You can choose an equity release plan that will enable you to take all your money at once or obtain smaller amounts of cash as of when you require a much-needed boost. If you are over the age of 55 and believe you may be eligible and are interested in applying for a lifetime mortgage, then why not contact Pinnacle today, and speak to one of our specialist mortgage brokers.
There are some methods to give you an approximate amount, such as multiplying your income by x5 or concluding how much you could afford per month.
To apply, all you need to do is visit our contact us page to make an appointment or request a quote.
For arranging a mortgage, we typically charge a fee of £295 which is only payable on receipt of a mortgage offer. However, this is dependent on your circumstances.
We offer bespoke services ranging from property sales, conventional mortgage advice through to commercial loans and home insurance.
We offer a wide range of mortgages from buy to let solutions, remortgages through to first time buyer and high mortgage loans.
We show our clients multiple properties in virtual reality using smartphones and computers and add the tours other website listings to allow anyone to view a property from anywhere in the world.