Premier Flexible Black
  • Premier Flexible Black Lifetime Mortgage
  • : 2.97%
    : 3.10%
    :
    : Cashback | Free Valuation | Free Application | Legal Fees Contribution | 10%pa Optional Partial Repayments | Inheritance Protection Guarantee | 3-year No Early Repayment Charge* | Exclusive Free Legal Service**

Eligibility

  • Minimum age of 55 years for the youngest applicant
  • Maximum age of 90
  • Minimum Loan – £100,000
  • Maximum loan available – £2 million
  • FREE unlimited valuation
  • The highest acceptable property value is £4 million
  • Premier Flex Black Plan available in England, Wales & mainland Scotland

Features

  • Drawdown scheme – hence can take extra cash from a reserve facility in the future
  • 3 Year Repayment Option for Survivor on Death/Long Term Care of Partner
  • Gilt Based Early Repayment Charges
  • Downsizing protection available after 5 years
  • Members of the Equity Release Council – Hence inclusion of a No Negative Equity Guarantee
  • Interest rate shown is based on properties situated outside the London & South-East area

Options

  • Upto 10% Voluntary Repayments Each Year with No Penalty
  • Inheritance Protection Option