PAYING OFF YOUR MORTGAGE

What is your biggest asset?

For most of us it is our home, but we are still in the process of paying off our biggest debt, the conventional mortgage, even though we have had it for the majority of our working lives. People look to reduce or stop their monthly mortgage payments for many different reasons.

Do any of these resonate with you?

The existing conventional mortgage is coming to an end and cannot be extended

Too costly to maintain

Will not allow further borrowing

Has a repayment (endowment) shortfall

OR you just cannot get a conventional mortgage due to bad credit

Previous clients of Viva Retirement Solutions have consolidated their conventional mortgages with a Lifetime Mortgage to allow them to live more comfortably on a daily basis. They have also made this choice so that they do not need to worry about being eligible to get new mortgages and what future interest rate rises might mean to interest payments. That is right, once you have your money, the interest rate is fixed for life and can never increase on that initial release. If you would like to find out more about how you can pay off your existing mortgage using a Lifetime Mortgage please contact us today.

Click here to read about one of our clients.

Contact us today on 0800 046 9776 for a no obligation chat to discuss your circumstances and to find out if you are eligible. (The youngest homeowner must be over 55 to qualify).

LIFETIME MORTAGE

(no payments needed)

For home owners 55 and over.
You retain full ownership of your house.
No repayments are required (instead they can be added to the loan).
Can have access to further funds in the future.
Interest rate is fixed.

Lifetime Mortgage Info

LIFETIME MORTGAGE

(payments allowed)

For home owners 55 and over.
You retain full ownership of your house.
You can usually repay up to 10% of loan each year if you wish.
Can have access to further funds in the future.
Interest rate is fixed.

Lifetime Mortgage Info

RETIREMENT INTEREST ONLY MORTGAGE (RIO)

(payments must be made)

For home owners 55 and over.
You retain full ownership of your house.
You must repay the interest only element every year.
Cannot have access to further funds in the future.
Interest rate may not be fixed.

RIO Mortgage Info

COMPETITIVE FEES

We offer Award Winning Advice at only £995.
Payment on on completion only, no upfront costs.
We are one of the most competitive Advice Fees in the marketplace.
Our nationwide equity release advisers are waiting for your call.

Compare Fees

CONTACT US TODAY RECEIVE YOUR FREE LATER LIFE MORTGAGES BROCHURE

Please contact us today to find out how we can help you release the potential in your home with equity release. Whether it is to help the family, do some home renovations or that holiday you have always been dreaming of. The team at Viva Retirement Solutions are here to help you with your equity release goals.

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CALL US FREE ON 0800 046 9776