![]() The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an Owner Occupier. Yes, Marsden Building Society reviews are splendid for equity release. Pure Retirement Lifetime Mortgages Does Marsden Building Society have positive reviews for equity release? With my solicitor and my power of attorney, I got equity release on my mother’s house to pay for specialist modifications for her comfort. She wanted a family, and her flat was too small. The money released went to my daughter for her wedding and deposit for her next house. With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. Thanks to Concise I got equity release to pay off my mortgage. My mortgage needed to be repaid to the existing lender. ![]() My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid. I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before. The mortgage had come to the end of its term and they wanted the £127000 back I still owed them. I had an interest-only mortgage with Birmingham Midshires. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. My equity release interest rate was close to his interest rate offered by his bank. My equity release enabled him to put a substantial deposit down so his mortgage was very small. No way his bank would lend him the money to buy a flat. Equity release enabled me to pay off my ex and stay secure in my home. I really feared losing my home as I sometimes look after my daughter’s children. I divorced my husband who was a violent alcoholic. ![]() I am happy now as I am secure, and I do not need to move from my home. As I was divorcing my husband of 30 years the money went to him for his share of the house. I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, kitchen, and roof repair. My husband recently died leaving me with a mortgage I could not afford to pay. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |