Lifetime Mortgage

For a quick property sale it is important to understand the different types of buyers and which of these your home will appeal to.

Interest roll-up mortgage

With a roll-up mortgage you do not make any payments. Interest is added to the loan which is repaid when your home is sold. If you take a lump-sum of £45,000 and the interest rate is 5%, after 25 years the amount you owe is £152,387.

Interest only mortgages

You get a lump-sum, but like a normal interest only mortgage you pay the interest monthly. Unlike a normal mortgage there is no fixed term, you can continue to borrow the original amount until your home is sold. With some lenders it may be possible to pay part-interest and the balance roll-up.

Fixed Repayment Mortgage

At the outset of this loan the full amount to be repaid is agreed. You do not make any payments. The loan is only repaid when your home is sold. This type of Equity Release can work in your favour if you live longer than expected, but this is a much worse deal than a roll-up mortgage should you die sooner than expected.

Testimonials

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Investors

Utilizing his exceptional experience and knowledge of the luxury waterfront markets, Roland serves an extensive and elite worldwide client base. 

He enjoys a reputation as a tenacious Broker who goes the extra mile for his clients and above all, is known for his stellar integrity.

For Living Purpose

Utilizing his exceptional experience and knowledge of the luxury waterfront markets, Roland serves an extensive and elite worldwide client base. 

He enjoys a reputation as a tenacious Broker who goes the extra mile for his clients and above all, is known for his stellar integrity.

Our real estate blog

Publish the best of your client testimonials and let the world know what a great agent or real estate agency you are. Testimonials make clients trust you.