Case Study –Lifetime Mortgage – New Residential Purchase

Value £740,000
Lifetime Mortgage £236,800
LTV 32%
Achieved Rate 4.05% fixed-rate

The Client

Our client was looking to move to a more expensive, thatched property, situated in a quieter area to live our their retirement. In order to protect their estate for their beneficiaries upon their passing, they wished to make regular payments using their pension income, to manage the interest.