LiveMore is a specialist mortgage provider offering products designed for individuals aged 50 to 90+. They focus on providing flexible mortgage solutions tailored to the needs of older homeowners.
LiveMore Equity Release Plans
Lifetime Mortgages: LiveMore offers lifetime mortgages, allowing homeowners to release equity from their property without the need to make monthly repayments. The loan and accrued interest are repaid when the property is sold, typically when the borrower moves into long-term care or passes away.
Key Features
- Tax-Free Cash: Access funds without selling your home.
- No Monthly Payments: Repay the loan when the property is sold.
- Retain Homeownership: Stay in your home for life.
- No Negative Equity Guarantee: Never owe more than the value of your home when sold.
Benefits of Lifetime Mortgages
- Flexible Use of Funds: Use the released cash for home improvements, paying off debts, or helping family members.
- Inheritance Protection: Options to protect a portion of your home's value for your heirs.
- Fixed Interest Rates: Enjoy predictable costs with fixed interest rates.
Professional Advice
Seeking professional advice is essential when considering equity release. An adviser can provide personalised recommendations based on your financial situation and retirement goals. They help you understand the pros and cons of different options and make informed decisions about your equity release strategy.
Next Steps
Choosing the right equity release plan is crucial for securing your financial future in retirement. Getting expert advice can help you make the most of your home's value. By understanding your specific needs and circumstances, an adviser can guide you through the process and help you optimise your financial strategy.
Interested in learning more about LiveMore equity release and how to maximise its benefits? Speak to a knowledgeable adviser who can provide personalised advice and support.
Get Expert LiveMore Equity Release Advice Now