New Era Mortgages

Let’s Chat Over Coffee – In Person or Virtually! Are you over 50 and currently on an interest-only mortgage without a repayment plan in place? You’re not alone! If you’ve been wondering what your next steps could be, lets have a friendly chat – we’ll discuss your options and how to make sure you stay in control of your home. No pressure, just a casual conversation. Virtual coffee dates are also available! Let’s keep it light, keep it fun, and ensure your future is secure! call or DM me to schedule a coffee and chat! #InterestOnlyMortgage #MortgageHelp #MortgageAdvice #Over50Mortgage #VirtualCoffee #CoffeeAndChat "Your home may be repossessed if you do not keep up repayments on your mortgage" "Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration."

Is a RIO (Retirement Interest Only) mortgage better than equity release for funding retirement?** 💡🏡 It depends on your needs. With a RIO mortgage, you make monthly interest payments and the loan is repaid when you sell the house, helping preserve your estate. Equity release gives you a lump sum with no monthly repayments, but interest is rolled up. Both can work, so it depends on whether you prefer monthly payments or no repayments at all. 💷 Stay tuned for more answers to your questions! 🔍 A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits. 𝗬𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝗿𝗲𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗻𝗼𝘁 𝗸𝗲𝗲𝗽 𝘂𝗽 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 #retirement #interestonly #laterlifelendingspecialists

What is the maximum age limit for taking out a later-life mortgage?** ⏳🏡 There’s usually no strict maximum age for taking out a lifetime mortgage, but for a RIO mortgage, some lenders set an age limit between 70 and 85 for when the mortgage should be fully repaid. Every lender is different, so it’s worth checking what’s available! 💼🔑 More answers coming soon! Keep following us for updates! 📖✨ A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits. 𝗬𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝗿𝗲𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗻𝗼𝘁 𝗸𝗲𝗲𝗽 𝘂𝗽 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 #HomeEquity #FinancialFreedom #Equityrelease

How does equity release affect my family?** 👨👩👧 Equity release allows you to unlock some of your home’s value while still living there, but it does impact your family. The amount you borrow (plus interest) is repaid when your house is sold, which means less inheritance for your heirs. The good news? Some plans let you protect a portion of your home’s value for your family! 👪💰 We’ll be answering more questions like this soon, so follow us for more equity release insights!🌟 A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits. 𝗬𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝗿𝗲𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗻𝗼𝘁 𝗸𝗲𝗲𝗽 𝘂𝗽 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 #Equityrelease #Family #Laterlifelending

What is the maximum age limit for taking out a later-life mortgage?** ⏳🏡 There’s usually no strict maximum age for taking out a lifetime mortgage, but for a RIO mortgage, some lenders set an age limit between 70 and 85 for when the mortgage should be fully repaid. Every lender is different, so it’s worth checking what’s available! 💼🔑 More answers coming soon! Keep following us for updates! 📖✨ A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits. 𝗬𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝗿𝗲𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗻𝗼𝘁 𝗸𝗲𝗲𝗽 𝘂𝗽 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 #Equityrelease #Laterlifelending #laterlifelendingspecialists

What is the impact of equity release on inheritance?💡 Great question! Equity release allows you to access some of your home’s value now, but it will reduce the amount left in your estate for your heirs. The loan (plus interest) is repaid when your house is sold, usually after you pass away or move into long-term care. The good news? Some equity release plans let you protect a portion of your home’s value for your family. It’s all about balance – and we're happy to chat more if you're interested. Look out for more helpful answers to common equity release questions in our upcoming posts! 👀💬 A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits. 𝗬𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝗿𝗲𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗻𝗼𝘁 𝗸𝗲𝗲𝗽 𝘂𝗽 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲