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Lenders define it as the money borrowed to pay for real estate. Please select the property type that the lifetime mortgage is to be secured on.
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Most equity release products have the potential to incur compound interest, but, you won't pay equity release compound interest on a Home Reversion Plan.
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10 or 15 years ago it would be very much be a one-size-fits-all approach - typically a lump sum, roll-up interest lifetime mortgage.
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These include santander lifetime mortgage calculator mortgages and home reversion plans, which allow customers to access some of the equity tied up in their home.
Whatever your financial goals your Specialist Adviser can compare hundreds of equity release calculator without personal details release plans and lifetime mortgages to help you achieve them.
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