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Current FCA regulations mean you are required to seek financial advice before releasing equity from your home.
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It's important, however, to use the APR when comparing lifetime mortgages in order to get an accurate picture of how much different plans could cost you.
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Over50choices provides information, reviews and comparisons to help over 50 year olds plan for later life and their retirement years.
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It's important to stress that aviva equity release redemption statement release mortgages and remortgaging to free up equity are not the same thing.
This is why over 99% of the equity release mortgages release plans that I recommend are Lifetime Mortgages. Yes, Aviva mortgages over 75 are 2.15% MER.
Because there are no principal payments, the monthly servicing requirements are low. Also, consider retirement interest-only Rio deals.
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