A lifetime mortgage is when you borrow money secured against your home, it is a type of Equity Release. The loan is secured and only needs to be paid back once you pass away or move into long term care, provided it’s your main residence you will retaining ownership.
This is for people over the age of 55 as there is no monthly payments to meet using the tax-free money as you wish.
At BD Mortgages we take the time to understand your circumstances as everyone is different as there are a wide variety of different types available. For more information please visit our Equity Release website for more general information or call Mark on 07876-688996 for an informal chat.
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We are always looking for new ways to exceed our clients expectations.
Feel free to contact us.
9am till 5pm Mon to Thu
9am till 4pm Fridays
Closed Saturday and Sunday
Braintree – 01376 743595
Felixstowe – 01394 775711