The guidance and/or advice contained within this website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK only.
Moneypoint Finance can advise and guide you through a number of schemes which enable you to tap into the value of your home without having to sell it and move out.
Over the past forty years, thousands of retired homeowners have found that Lifetime Mortgages & Home Income plans provide a safe and successful method of releasing regular income or a cash lump sum, to improve the quality of their life in retirement.
The alternative of downsizing by selling may not be very attractive, but too many elderly homeowners find themselves in the unenviable position of having to watch every penny they spend from day to day, while most of their money remains locked up in their single biggest asset - their home.
Lifetime Mortgages & Home Income Plans can resolve the problem safely.
Call us on 01625 503000, or apply here
The overall cost for comparison is 6.1% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration. Adding existing debts to your mortgage will both extend the repayment term and increase the overall cost of the debt.
There will be a fee charged for mortgage advice. Our typical fee is £2500 for all types of mortgages except Lifetime Mortgages, which will be charged at £395 + 2% of the total loan amount. Example: a £50,000 lifetime mortgage loan, the fee payable would be £395 + 2% of £50,000 (£1,000) = £1,395. All advice fees are payable upon completion. Moneypoint Finance Limited is authorised and regulated by the Financial Services Authority, and is entered on the FSA register (www.fsa.gov.uk/register/home.do) under reference 303863.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Calls may be recorded for training and monitoring purposes.