Equity Release from TSB

Compare TSB Equity release with other lenders including Aviva and Legal and General

  • You don’t need to be a TSB account holder
  • No monthly repayments
  • Get a tax free lump sum or monthly payment
  • Live in and keep your own home
  • Use the money for anything you like
  • Still paying a mortgage each month?  No problems we can help with that!
  • Your Equity Release Requirements

  • About You

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Alternatives to Equity Release Products

A remortgage or secured loan maybe a much better deal for you rather than equity release if you are under 55.  For people of an appropriate age and interst only lifetime mortgage, home reversion product or flexible voluntary repayment drawdown maybe a cheaper option.

Getting help when you need a refinance

It’s common to discover individuals searching for remortgages for people with bad credit, remortgage companies for bad credit or lenders that help with bad credit however secured loan lenders like Bank of Ireland are keen to see proof of affordability in the form of bank statements, investment statements or wage slips.

Evidence of income:

Secured loan lenders such as United Trust Bank, Central Trust or 1st Stop Home Loans often accept evidence of affordability with

  • accounts from a professional account
  • universal credit letters
  • P60
  • sa302

Types of poor credit

Loan companies such as Masthaven, Shawbrook or United Trust Bank can often extend credit to people with

  • Late installments
  • Missed installments
  • Defaults
  • Count court judgements (CCJ’s)

Opportunity for homeowner loans

It’s often a lower overall cost to get a secured loan than a refinance.

Opportunity for bad credit remortgage companies:

  • Pepper
  • Precise Mortgages
  • Secure Trust Bank
  • Bath Inv and Building Society
  • Earl Shilton Building Society
  • Cambridge Building Society

Repayment term of loans with Magellan Home Loans

  • 20 years
  • 10 years

Costs

  • broker fees
  • valuation fees
  • booking fee

Getting help when you need a a 2nd mortgage

  • UK independent financial advisor
  • independent broker
  • Financial expert

It is very regular to encounter people searching for bad credit mortgages northern ireland, bad credit mortgages or bad debt mortgages however secured loan lenders like Coventry are keen to see evidence of income in the form of pay stubs, state benefit letters or accountants certificate.

Loan to Value

It is often found to discover people seeking out loan to value percentages (LTV) of 80%, 85% or even as much as 95% however its hard to get 90%.

Getting help when its necessary for refinance

It is common to encounter people searching for bad credit remortgages uk, remortgage lenders with bad credit or subprime remortgages uk however home loan lenders like Penrith are keen to see proof of affordability in the form of p60, p60s or accountants certificate.

Costs for 2nd mortgages

  • broker fee
  • valuation fee
  • booking fee
  • completion fee

Lenders terms and rates for Buy to let Residential Property including for subprime credit

  • Buy to let mortgages Precise Mortgages
  • Capped rate mortgages Clydesdale Bank PLC

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the occupier is a Private Tenant.