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The Best Lifetime Mortgage Rates During May 2021

The Best Lifetime Mortgage Rates During April 2021

Share This week we published research that found the number of equity release deals available on the market is at a record high of 510. As a result those considering equity release have more options to choose from than ever before. Saying this, those considering this option should still be aware of the long-term impact it can have on finances and must speak to an independent financial adviser before taking out a plan. To help homeowners consider equity release to evaluate the deals on the market below we have highlighted some of the most competitive rates that were available during April.

Best Lifetime Mortgage Rates During February 2021

Share A lifetime mortgage can be a good way for those aged 55 and over to release equity built up in their house without having to move home. While there are benefits to taking out a lifetime mortgage, it can have a long-term impact on finances and those considering this option should speak to an independent financial adviser before going ahead to ensure it is the best decision for their circumstances. The plans highlighted below are not endorsed by Moneyfacts.co.uk but have been chosen as they offer competitive rates for the scenario that we have selected. It should be noted that other plans are available that offer similar competitive rates but may offer incentives, such as cashback, that suits the borrower’s needs better – as such borrowers should consider speaking to an equity release broker who will be able to select the best plans for individual requirements.

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