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🚂 Information Station 🚂

Writer's picture: Lyn PalmerLyn Palmer

Updated: Jan 23, 2024

Enhanced Lifetime Mortgage

 

👋Welcome to Information Station 🚂 where we dive into the world of lifetime mortgage plans.

 

Today, let's explore the "Enhanced Lifetime Mortgage" option. 🏡🔍

 

Are you looking for a way to potentially release more funds through equity release?

 

The Enhanced Lifetime Mortgage considers your health and lifestyle factors to potentially offer higher loan-to-value ratios.  It's all about getting the most out of your lifetime mortgage! 💪💰

 

This option can be beneficial if you have certain health conditions or lifestyle factors that could qualify you for a larger lump sum or a lower interest rate.

 

It's tailored to your unique circumstances.

 

Want to discover how the Enhanced Lifetime Mortgage works or learn about other equity release options? Drop me a comment 💬 or send me a message 📩. Your questions could be featured in my next video!

 

Thanks for tuning in to "My Information Station." Stay informed 🧠, and remember, knowledge is power 💪 when it comes to making decisions about your financial future.

 

Until next time! 🚂

 

This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration.  Check that this mortgage will meet your needs if you want to move or sell your home, or you want your family to inherit it. If you are in any doubt, seek independent advice.

A fee may be charged for mortgage advice, the exact amount will depend on your circumstances.

 




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Email: Lyn@simplifiedequityrelease.co.uk

Phone: 07887 885182

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Simplified Equity Release has no control or responsibility for the pages you are about to access or where any subsequent link may take you

Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care.

 

Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.

With a lifetime mortgage, if you don't make repayments interest will roll up over time.  This will increase the size of the debt and will reduce the amount left that will be left to your beneficiaries when you're gone.

 

We provide initial advice for free and without obligation. Only if your case completes would our advice fee of £1,695 be payable. Other lender and solicitor fees may apply.

Simplified Equity Release is a trading name of Equity Release Associates Limited, which is authorised and regulated by the Financial Conduct Authority. FCA registered number 932793. Company registered in England and Wales number 12258392. VAT Registered Number 365 5888 43. Registered address, 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB.


The information on this website is intended for guidance purposes only and does not constitute
advice. Furthermore, the information on this website is subject to UK regulatory regime and is
therefore intended for consumers living in the UK only. We are not responsible for the content in
any links to 3rd party sites.

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