Provide an overall flexible cash facility. An initial lump sum is taken, with the remaining cash then being drawn down as & when required.
The benefit is that interest is only charged on cash withdrawn.
-
Drawdown Plans

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Lump Sum

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Home Reversion

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Interest Only Lifetime Mortgages

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Retirement Mortgages

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2nd Home

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Ill-Health

| Provider | Product | Type | Rate | APR | Exclusive | |
![]() |
Aviva - Lifestyle Flexible Option |
Fixed |
5.42%
|
5.60% |
|
|
![]() |
more2life protected plan |
Fixed |
5.50%
|
5.90% |
|
|
![]() |
Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges |
Fixed |
5.74%
|
6.15% |
|
|
![]() |
Just Retirement - Roll-Up Lifetime Mortgage |
Fixed |
5.92%
|
6.20% |
|
|
![]() |
LV= Flexible Lifetime Mortgage |
Fixed |
5.99%
|
6.30% |
|
|
![]() |
newlife - Flexible Lump Sum Lifetime Mortgage |
Fixed |
5.99%
|
6.30% |
|
|
![]() |
more2life enhanced lifetime mortgage |
Fixed |
6.60%
|
6.90% |
|
|
Figures are based on a 65 year old male releasing a £50,000 lump sum from a property value of £250,000. Any equity release plan is subject to lender criteria.
These are lifetime mortgages and home reversion plans. To understand their features and risks, ask for a personalised illustration.
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