The Mortgage Shop NI - Lifetime Mortgage

WHAT IS A LIFETIME MORTGAGE

Lifetime Mortgages allow homeowners over the age of 55 to raise money from their homes.

To be eligible to take out a Lifetime Mortgage you need to be:

• Aged over 55
• Own your own home.
• Property either mortgage free or with a small mortgage.

 KEY FEATURES OF OUR LIFETIME MORTGAGE SERVICE

Rosaleen Crawford, Cert CII (MP) Ce LTM

Face to face advice with our fully qualified adviser Rosaleen Crawford
Free initial consultation
FSA registered
All lenders members of S.H.I.P
No monthly repayments required
No income requirement
You continue to own your own home
No negative equity guarantee
Clients benefit from any rise in house prices

POINTS TO CONSIDER

Lifetime Mortgages will impact on the value of your estate
Releasing equity may impact on Means Tested Benefits
Mortgage will be repaid from the proceeds of the sale of your home either on death or when property is no longer your main residence.
Any remaining equity belongs to you or your beneficiaries.

This is a Lifetime Mortgage.  To understand the features and risks ask for a personalised illustration.

Lifetime Mortgages are not suitable for everyone.  If your feel that it might be right for you contact Rosaleen Crawford on the telephone number below.

We charge a fee of 1.5% of the loan amount or £995 whichever is smaller for arranging your Lifetime Mortgage.

Rosaleen Crawford, Cert CII (MP) CeLTM

Lifetime Mortgage Specialist

Tel: 02890 641602

Click here to contact Rosaleen by email