{"id":16,"date":"2021-03-25T12:16:11","date_gmt":"2021-03-25T12:16:11","guid":{"rendered":"https:\/\/www.illingworthmortgages.co.uk\/?page_id=16"},"modified":"2023-12-20T00:23:44","modified_gmt":"2023-12-20T00:23:44","slug":"equity-release","status":"publish","type":"page","link":"https:\/\/www.illingworthmortgages.co.uk\/equity-release\/","title":{"rendered":"Equity release"},"content":{"rendered":"

[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=”50px”][vc_custom_heading text=”Later Life Lending Mortgages” font_container=”tag:h2|font_size:26|text_align:left” google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal” css=”.vc_custom_1617177620708{padding-bottom: 12px !important;}”][vc_column_text]<\/p>\n

Lifetime Mortgages helps UK homeowners aged 55 and over access some of the money tied up in their home.\u00a0 With a lifetime mortgage, the most popular type of equity release, clients can choose to take the money released as a lump sum or after an initial release, in smaller amounts (drawdown). There are no affordability checks and the loan is usually repaid when the house is sold following their death or admission into long-term care.<\/span><\/p>\n

Lifetime Mortgages has evolved rapidly from a niche lending option for the elderly to become a competitive, mainstream later life planning option, a sector growing faster than any other in the mortgage industry.<\/span><\/p>\n

You\u2019ll need expert\u00a0 advice before you can go about releasing equity. We offer access to a qualified specialist adviser who will be able to talk you through all of the options available and find a product that suits your needs.<\/span><\/p>\n

This service is offered by referral to a third party.*<\/b><\/p>\n

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[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=”50px”][vc_custom_heading text=”Later Life Lending Mortgages” font_container=”tag:h2|font_size:26|text_align:left” google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal” css=”.vc_custom_1617177620708{padding-bottom: 12px !important;}”][vc_column_text] Lifetime Mortgages helps UK homeowners aged 55 and over access some of the money tied up in their home.\u00a0 With a lifetime mortgage, the most popular type of equity release, clients can choose to take the money released as a lump sum or after … <\/p>\n