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Equity Release Calculator - with no personal details
How much money could you potentially release? Our Calculator gives INSTANT RESULTS and requires NO PERSONAL DETAILS:
Please note, the minimum property value required for a Lifetime Mortgage is £70,000.
These figures are based on the maximum loan to value for a client on standard terms, for a standard construction freehold property in England. Property value x LTV – mortgage.
Property Value
Age of youngest owner
Single or Joint Application
Property type
Country
Outstanding mortgage
Possible sum available
This Lifetime Mortgage calculator is only a guide and the amount available to borrow depends on things like a customer’s age, their health and how much their property is worth. Lifetime mortgages are usually only available to people aged 55 and over. These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made
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Take advice
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Given the complexity of a Life Time Mortgage and the different schemes available, it is strongly recommended that you seek advice from a qualified professional Later Life Adviser before proceeding.
I will listen to your circumstances and make considered recommendations on the type of Life Time Mortgage that may be most applicable to your circumstances and I will consider other options first such as a capital repayment mortgage or a retirement interest only mortgage. If these options are not available to you, then I will consider a Lifetime Mortgage.
Meral Kendrick CeMap CeRER
Accredited Later Life Professional
& Equity Release Expert
Please Note: You will need to repay an outstanding mortgage on your home with the funds from your equity release plan. After the charges against your property have been settled, you will have the remaining funds to spend as you wish.
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Visit my equity release page
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Good Life Mortgage is proud to be a member of The Equity Release Council.
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There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before we proceed.
Equity Release includes Lifetime Mortgages and Home Reversion Schemes. We can advise and arrange Lifetime Mortgages and will refer to an approved specialist for Home Reversion schemes.
Lifetime Mortgages are applicable for over 55s only, may affect state or means tested benefits and can affect the inheritance you may leave.
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Possible sum available
