Knowledge Base

21st August 2024 | 1 MIN READ
Case Study: Releasing Equity for Home Modifications Due to Health Needs

21st August 2024 | 1 MIN READ
Case Study: Couple Secures a Lifetime Mortgage to Replace Income for Retirement

21st August 2024 | 1 MIN READ
Case Study: Clearing an Existing Mortgage to Eliminate Monthly Payments

21st August 2024 | 1 MIN READ
Case Study: Helping Children or Grandchildren onto the Property Ladder

21st August 2024 | 1 MIN READ
Case Study: Using a Lifetime Mortgage to Finish Over-Budget Home Renovations

21st August 2024 | 1 MIN READ
Case Study: Client Uses Lifetime Mortgage to Reduce Inheritance Tax and Provide Gifts for Family

21st August 2024 | 1 MIN READ
Case Study: Using a Lifetime Mortgage to Repay an Overdue Interest-Only Mortgage

21st August 2024 | 1 MIN READ
Case Study: Using a Lifetime Mortgage to Fulfill a Bucket List

5th August 2024 | 2 MIN READ
Equity Release and the ‘Bank of Mum and Dad’
Discover how the “Bank of Mum and Dad” is helping first-time buyers get on the property ladder with financial support from their families.

6th September 2022 | 5 MIN READ
Can you use equity release to purchase a property?
This post explains the standard process for property purchases using an equity release plan.

6th September 2022 | 5 MIN READ
What are the Pitfalls of Equity Release to avoid?
Equity release schemes are becoming increasingly popular. They offer older homeowners the opportunity to tap into some of the money tied up in their property without selling it. But there are pitfalls to sidestep. Here’s what you need to know.

6th September 2022 | 9 MIN READ
Vital Equity Release Questions to ask
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque rhoncus feugiat lectus, at accumsan nibh vulputate id. Praesent id dolor erat. Morbi sodales auctor massa. Curabitur aliquet orci in dui congue, non finibus velit auctor. Aliquam erat volutpat.
Legal
©2024 Mortgage Advice Bureau. All rights reserved.
Over 55 Mortgage is a trading name of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.
Mortgage Advice Bureau Limited. Registered Office: Capital House, Pride Place, Derby. DE24 8QR. Registered in England Number: 3368205
Mortgage Advice Bureau (Derby) Limited. Registered Office: Capital House, Pride Place, Derby. DE24 8QR. Registered in England Number: 6003803
The Financial Conduct Authority does not regulate some investment mortgage contracts. Calls may be recorded for training and compliance purposes. Your property may be repossessed if you do not keep up repayments on your mortgage.
To understand the features and risks of a Lifetime Mortgage, ask for a personalised illustration. AN EQUITY RELEASE PRODUCT WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFITS.
Under no circumstances should any of the information contained within this website be construed as “advice”. You should seek professional advice in respect of your own circumstances. 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.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.
Equity Release Mortgage Fees
You should always think carefully before securing a loan against your property.
A lifetime mortgage will reduce the value of your estate and may affect your entitlement to means tested benefits.
Clearing existing mortgage with a lifetime mortgage may result in higher cost of borrowing. Mortgage Advice Bureau charge a fee for later life mortgage advice. The fee is up to £995.