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NettetThe lifetime mortgage is usually repaid from the sale of the property when your clients die or move into long term care. Who is it for? Our Premier Flexible Lifetime Mortgage is designed for clients who: • Are over the age of 55 and are living in England, Wales or mainland Scotland. • Have a property valued at over £750,000. NettetThe Retirement Interest Only Mortgage (sometimes called a ‘RIO Mortgage’) is available to people over 55. It’s a loan secured against your home. You pay the interest each … linksys wifi 6 mesh router
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NettetLifetime mortgage: The most popular type of equity release. A lifetime mortgage lets you take a loan secured against your home whilst still owning it. Home reversion scheme: … NettetEligibility Criteria For Santander Customers Interested in Legal & General Lifetime Mortgages. Applicants must be at least 55 years of age. The property must be valued at £100,000. Ex-housing association, ex-council and ex-Ministry of Defence properties have a higher minimum home valuation of £150,000. The property must be owned, or the … NettetFor any equity release related complaints, you can contact the retirement department on the below contact details: Email: [email protected]. Letter: … linksys wifi 6 mesh