February 5th 2012 - Eric's Guide to Equity Release

Lifetime Mortgage Plans

The other main type of Equity Release plan is the Lifetime Mortgage Plan.

There are three main versions of the Lifetime Mortgage Plan, each of which is designed to do a different job:

Click below for more information:

• Roll up: Drawdown Lifetime Mortgage Plan
• Roll-up: Cash Lump Sum Lifetime Mortgage Plan
• Interest Only Lifetime Mortgage
• Enhanced Lifetime Mortgage

What all Lifetime Mortgage Plans have in common, is that you will retain ownership of your home and borrow a percentage of the property value.

To understand the features and risks, please ask one of our specialist Equity Release advisors for a personalised illustration.

The Equity Release Information Centre is a trading name of Cavendish Property Investments Ltd.
Registered Office: Suite 4, Chapel Allerton, District Centre, Town Street, off Harrogate Road Chapel Allerton Leeds LS7 4NB.
Cavendish Property Investments Ltd is authorised and regulated by the Financial Service Authority. FSA Reference number 302589.