Need to release £20k to repair their roof that has been damaged by heavy rain
The bungalow roof is 100% flat and they have no other savings
Our Sovereign range accepts properties with 100% flat roofs, unlike most other lenders
She needs £40k to repay her interest-only mortgage
Her current monthly payment is £130k and she can afford to pay up to £300
Ms Senior could take out our Classic Lifetime Mortgage range which allows 12 optional repayments which can be increased or decreased as needed.
He wants to sell his home for £165k
to buy a retirement property for £205k
Our Heritage Lifetime Mortgage range allows lending on retirement properties provided the property value is over £200k.
Need to release £10k for a new car
They are shortly due to be released from a recent bankruptcy
Our Sovereign range accepts customers with recent bankruptcy as long as it is satisfied on completion
They need to release £70k to pay off their interest-only mortgage
Our Classic Lifetime Mortgage range allows customers to take out a lump sum loan, and then make optional repayments to limit the risk of equity erosion.
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