Vernon Lifetime Mortgage Full product details for the Vernon Lifetime Mortgage mortgage, including application criteria, rates, suitability, restrictions, incentives, facilities, fees & charges and equity release.
Visit the official website...
You will be instantly transferred to the Vernon website.
or Compare...
3902 mortgages...
Vernon Lifetime Mortgage Features & Benefits
Mortgage Type Equity Release
Initial Rate Type variable
Initial Rate APR 4.99% 4.99%.
Initial Rate End Date term
Maximum LTV 40% The maximum LTV is 40%
Minimum Loan £20,000 The minimum loan amount is £20000.
Maximum Loan £250,000 The maximum loan is £250000.
Remortgage Only no This is not just available for remortgages.
Maximum Number of Borrowers 4 The maximum number of borrowers is 4.
Maximum Age 95 years Maximum age is 95.
Maximum Property Value Unlimited There is no maximum property value.
Minimum Monthly Income £100 The minimum monthly cash release is £100.00.
Minimum Bedrooms 0 bedrooms There is no minimum number of bedrooms.
Minimum Lease Term Remaining 50 years The minimum unexpired lease must be 50 years.
Monthly Income yes Monthly income option available.
Minimum Age of Youngest Borrower 65 years Minimum age is 65.
Minimum Age of Single Borrower 65 years Minimum age is 65.
Minimum Initial Cash Lump Sum £1,000 The minimum initial lump sum is £1000.
Permanent UK Resident yes This product is only available to individuals who are permanent UK residents.
Existing Customers Only no This mortgage is not just available to existing customers
Existing Borrowers Only no This mortgage is not just available to existing borrowers.
Remortgage Only no This is not just available for remortgages.
First Time Buyers Only no This mortgage is not just available to first time buyers.
Available Via a Broker Only no Available direct.
Maximum Number of Borrowers 4 The maximum number of borrowers is 4.
Maximum Age 95 years Maximum age is 95.
Minimum Property Value £80,000 Minimum initial valuation is £80000.
Maximum Property Value Unlimited There is no maximum property value.
Minimum Monthly Income £100 The minimum monthly cash release is £100.00.
Available in England yes
Available in Northern Ireland no
Available in Scotland no
Available in Wales no
Minimum Bedrooms 0 bedrooms There is no minimum number of bedrooms.
Minimum Lease Term Remaining 50 years The minimum unexpired lease must be 50 years.
Minimum Age of Youngest Borrower 65 years Minimum age is 65.
Minimum Age of Single Borrower 65 years Minimum age is 65.
Available Direct no This product is not available direct from the provider, but may be available from a broker or other intermediary
Get our free money saving newsletter
Join over 480,000 other subscribers who grab our expert money tips, unmissable money guides & hottest bargains each week in our special email...
I am finding the whole site very useful,and i have saved some money and time thanks to the weekly email tips.
Michael P.
The info on energy suppliers is really helpful. Thank you.
Jennifer
Easy to use site with excellent information on money saving ideas.
Duncan
Good content and interesting for all - many thanks.
Brojan
Can I just say how much I appreciate your emails keeping people informed. I read and digest avidly.
Anne C.
So many diverse offers, it's really really helpful.
I love this site, got some great deals yesterday...
Shelley J. from Brighton
This is a fabulous site it has everything you want to know and more! I have already saved pounds and I'm thrilled. Thank you.
Susan R.
I love all the specials offers you find for me!
Kelly E.
Great site with everything under one roof! Don't need to do so much surfing....
Debbie
Compare Vernon Lifetime Mortgage With These Mortgages A term intro rate end date is available. Get an introductory rate APR of 5.44 percent from the RIM Term SVR BTL C/B LTV 60%. Get 0% loading on lender's base interest. Repayment rate of 5.7 percent is offered with this mortgage. This mortgage offers £30,000 remortgage minimum loan. 5.7 percent mortgage APR is offered to applicants. Applicants get 30 years max term. This mortgage offers 5 years minimum term. Get £350,000 maximum loan. Mortgage rate of 4.89 percent is available. 80 percent remortgage max LTV is available with the mortgage.
This mortgage offers £5,000 1st time buyer minimum loan. Get 3.99% final interest. Max LTV of 85 percent is available. A house purchase max LTV of 85% is available from Lloyds TSB. Right to buy maximum ltv/valuation of 85% is available with this mortgage. New customers enjoy 4.2 percent rate only rate from Derbyshire Building Society. 31 mar 2015 fixed interest rate end date is offered to applicants. 4.2% mortgage APR is available with the mortgage. 30 yrs max term is offered to you. New customers get minimum period of 5 years.
Max LTV of 85 percent is offered. A £0 right to buy minimum loan is offered. You will enjoy 85% house purchase max LTV. Get 01 may 2015 fixed interest rate end date from Northern Rock. Lender's base rate of 4.28% is available to you. £25,000 remortgage minimum loan is available to customers. This mortgage offers a 4.28 percent mortgage interest rate. 1st time buyer minimum loan of £25,000 is offered. Initial rate APR of 4.28 percent.
3.1% lender's base interest is available to new customers. The mortgage offers a mortgage interest rate of 3.1 percent. An interest rate only rate of 3.3 percent is available from Coventry Building Society. Remortgage max LTV of 75 percent is available. This mortgage offers an 85 percent right to buy max LTV. Customers get £6,000 house purchase minimum loan from the mortgage. This mortgage gives an introductory rate term of 36 months. Benefit from a maximum LTV of 85 percent. Shared ownership minimum loan of £6,000.