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Homeowners can opt for a drawdown lifetime mortgage or a lump sum lifetime mortgage. Drawdown equity release mortgages allow you to take cash out of your home. Hodge Indexed Lifetime Mortgage · Pure Retirement Classic Drawdown Lite Plan · Lloyds Bank Equity Release Schemes · Saga Equity Release Plans · HSBC Lifetime. Learn more about the two main types of equity release - lifetime mortgage and home reversion plan. We can help you find out which option would best suit.

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Most Lifetime Mortgages are available to homeowners aged 55 or over, with a UK property worth £70, or more. Some equity release providers may have their. Just Group has unveiled a lifetime mortgage product that enables Saga customers to receive a monthly payment. It combines an initial lump sum payment with. The Saga Lifetime Mortgage comes with a Saga Service Promise included as standard. You can rest assured that we'll aim to release your money to your solicitors.

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Equity release is an established way of raising extra funds in retirement and Saga's Lifetime Mortgage offers unique benefits. Could it be right for you? Drawdown Lifetime Mortgage from Pure Retirement ; Release tax-free equity from your home · Use the money to help your family; Stay living in your own home for as. A shared appreciation mortgage or SAM is a mortgage in which the lender agrees to receive some or all of the repayment in the form of a share of the.