Lifetime Mortgages, RIOs & Equity Release
The Landlord Page Episode 53
The difference between a lifetime mortgage & traditional mortgage is not to dis-similar on rates, but how do they work and why do most of us not know about them?
This week we have Lifetime mortgage & equity release expert Greg May to take a step aside from property investing and get a real insight to a growing mortgage product which may be beneficial to us in the future or maybe our parents/relatives alongside growing our property knowledge.
Who is a lifetime mortgage for? What are the rough rates and what are the terms? Find out in this weeks episode of how property owners have taken advantage of low rates to fund holiday homes or provides extra funds to help with the cost of living...
Sage Equity Release is a trading style of The Later Life Lending Network Ltd, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 09832887. Registered Address: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
We created this show because we noticed there was a lack of property investing podcast’s that weren’t just backhanded sales funnels. This podcast is full of free advice from specialist property guests, which include business coaches, accountants, lenders, mortgage advisors, commercial finance specialists, ARLA reps, auctioneers, and new homes experts, to name but a few.
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Your hosts are Tristan Lee, Mike Robson & Ian Macbeth
