aviva equity release interest rates 2020

For loans greater than £1 million, bespoke quotations are available via Equity Release Supermarket. That’s because we don’t have call centres. The main features that Aviva lifetime mortgages offer include: Aviva’s downsizing protection feature allows you to sell your home after 3 years, and repay your lifetime mortgage without incurring any early repayment charges dependent upon the property you move into. HOW IT WORKS. Norwich Union, the UK’s largest provider of equity release products, is reducing the fixed rate of interest on its Cash Release Plan from 7.55% to 7.29% with immediate effect for new business. Calls to 0800 numbers from UK landlines and mobiles are free. Income periods of between 10 - 25 years are available to meet your retirement income needs. 3. The highest interest rate in the market is 6.47% (AER). Aviva Equity Release have arranged lifetime mortgages to over 200,000 homeowners since inception in 1998 and in doing so have £7billion in released equity. Home valuation from £275. Find out how much money you could potentially release with an interest-only lifetime mortgage. Require monthly interest and or capital repayments. However, one feature of the Aviva Equity Release plan is the Voluntary Partial Repayment Option allowing the homeowner to start making upto 10% repayments of the original amount borrowed each year, with no penalty. Already have a lifetime mortgage? Lifetime mortgage where regular interest repayments help control the final balance to be repaid. The company has over 30 million consumers worldwide, and it provides a wide range of lifetime mortgage products. Equity release interest rates are at unprecedented lows in 2020 due to increased demand for lifetime mortgages … This helps manage control the future balance of the UK lifetime mortgage scheme, either to reduce the roll-up effect of the interest, pay off the interest only or even reduce the future balance by using the full 10% allowance. To obtain further information or to request a quotation on the Aviva Lifestyle Flexible Option Lifetime Mortgage, please contact the Equity Release Supermarket team on Freephone 0800 802 1051 today. You are able to unsubscribe and so not receive any more emails or calls from us at any time. Understand what they are and how much you can borrow. As part of the Lifestyle Flexi Options Aviva offer a series of cashbacks which the homeowner can chose from. A flexible cash reserve allows you to receive money in smaller amounts. Find out how much money you could borrow when taking out a lifetime mortgage against your second/holiday home. This equity release scheme involves selling a percentage of your home. You are able to unsubscribe and so not receive any more emails or calls from us at any time. Equity release products fall into two main camps: 1. You must be over 55 and a homeowner. Also available are Legal & General or HSBC UK. A further option for inclusion is the Inheritance Protection feature so the homeowner can secure a fixed percentage of the final sale value of the property. Additionally, there is the option to accept or decline the free valuation offer. Aviva’s relaxed lending approach now allows them to consider properties with self-contained areas such as annexe’s and holiday lets, plus the inclusion of some commercial use - both within the property and on adjacent land, subject to limits. Aviva are a household name; best known for the range of insurance and pension products they offer. Over to you. There are protections and safeguards in place to ensure that equity release is safe. Aviva are members of the Equity Release Council all their plans come with a no-negative equity guarantee. *£5 reduced application fee available until further notice Find out the maximum you could borrow with a retirement interest only mortgage (RIO) – a residential mortgage, based on income that allows you to borrow on an open - ended basis into retirement. Aviva Equity Release UK Limited can put you in touch with an equity release financial adviser who'll review your needs and future plans with you in person. Trends among new and returning customers Drawdown lifetime mortgages remained the most popular type of new plan agreed, albeit with a lower … Our lifestyle calculator will advise how much you could release. The minimum release on the Aviva Lifestyle Flexi Option plan is £10,000 with a mandatory minimum reserve facility of £5,000 to accompany this. Low average equity release interest rates continue to feature as a key trend in the market, with the average interest rate in January 2020 at 4.48%****. This can be done by increasing the interest rate on their loan. Aviva’s award-winning equity release products and services have helped over 200,000 people release more than £7 billion of equity from their homes since 1998. We won't share your details with other companies. Information and qualifying criteria on these lifetime mortgages here. All cashback options will affect the lifetime mortgage interest rate offered by Aviva. The interest rate will increase from 7.15% to 7.35% for business introduced through IFAs and from 7.29% to 7.49% for business that comes direct to Norwich Union. Lifetime mortgages that allow you to release tax-free cash as a single lump sum payment. Helps you understand how much money could be left as an inheritance when your lifetime mortgage ends. Already have a lifetime mortgage? Lifetime mortgage where regular interest repayments help control the final balance to be repaid. 5 by Feefo.com based on 5 by Feefo.com based on Equity release is a big financial commitment, so understanding what it would mean for you and your family is really important. Just highly qualified and experienced advisers ready to help you. Aviva Equity Release Ltd P.O Box 520 Surrey Street Norwich NR1 3WG For our joint protection, telephone calls may be recorded and/or monitored and will be saved for a minimum of 5 years. Discover how much money you could release across all the available equity release plans. Pure Retirement. ***Rates dependent upon personal criteria such age, health, loan amount & property details. Aviva's Flexible Lifetime Mortgage is available on both a single and joint life basis with a minimum age for youngest homeowner being 55, and has no upper age restriction. By continuing to use the site you are agreeing to our use of cookies. Find out the maximum amount of money you could borrow with equity release. So, what makes us stand out from the crowd? Drawdown is the most popular lifetime mortgage. Property location - which must be a main residence, needs to be located within England, Wales, Scotland. And hopefully, you have an idea whether you could be an Aviva equity release … Find out how much money you could borrow when taking out a lifetime mortgage against your buy-to-let property. Aviva equity release, one of the most established equity release plan providers in the UK, have made available lifetime mortgage plans to over 150,000 consumers since 2000. Here you borrow some of your home's value at a fixed or capped interest rate (see below for more). We’ve helped hundreds of thousands of customers. Norwich Union is increasing the fixed interest rates on its equity release Flexible Cash Release Plan with effect from 24 November 2003. Learn more here. Aviva’s award-winning equity release products and services have helped over 200,000 people release more than £7 billion of equity from their homes since 1998. In the Spring 2020 Market Report, the Equity Release Council stated that average interest rates for Equity Release were 4.48%. Learn how these lifetime mortgages work. Aviva is an award-winning Equity Release provider and has helped more than 200,000 people release £7 billion in equity from their home since the turn of the century.. To release cash from your home with Aviva, you need to be at least 55 years old. Aviva offer two types of lifetime mortgage: ‘Lifestyle Lump Sum Max’ and ‘Lifestyle Flexible Option’. We need your correct email address to send you your quotation results. Find out what’s involved and how long it takes. What is the equity release process? Best Equity Release Rates is an independent marketing website which acts as an introducer to companies who offer specialist lifetime mortgage advice. If they took out a £100,000 Lifestyle Flexible Option equity release loan with Aviva at an interest rate of 3.71 per cent, they would have to pay a £15,973 if the index fell by 1 per cent. Find out how much you could borrow by selling a percentage of your property for a cash lump sum. Find out the maximum monthly income you could receive on this special type of lifetime mortgage. What should you be thinking about before taking the next step? This is ideal for those needing access to immediate cash, but with a further drawdown amount in the future and comes with a competitive equity release interest rate. The many alternative options available to you are discussed here. 1286 reviews, We use cookies to offer the best website experience. Valuation fee as small as £246. Make ad-hoc repayments which can help manage your final balance to be repaid. Recently, Nationwide entered the lifetime mortgage market but instead of offering its own range of plans, it refers its members to If you’re not making monthly repayments to reduce the debt, then the interest compounds and compounds. Learn more here. Information and qualifying criteria on these lifetime mortgages here. With old-style lump-sum lifetime mortgages … Learn what the other qualifying criteria are for equity release. For the lifetime mortgage equity release the typical rate is about 5%, although some rates are under 3%, which is significantly higher than those for most standard mortgages. We understand that with different options to choose from, it can be difficult to find the right lifetime all your questions and find the right solution for you. Aviva is the rebranded name of Norwich Union and is one of the longest serving providers of equity release plans today. Mortgages that continue into retirement based on income and affordability. Additionally, there is the option to accept or decline the free valuation offer. We also need your telephone number so that your local, expert adviser can talk to you about your quotation and how we may be able to help you further. The interest rates charged, and the amounts of money you can release will be the same regardless of if you go direct, or through another advice firm. Compare Aviva Equity Release rates against the market to see how much you could save? It also offers fixed interest rates so you always know the rate … We won't share it with other companies. Find out the maximum monthly income you could receive on this special type of lifetime mortgage. Many factors determine the size of your equity release loan. Equity release is a big financial decision. Learn all about equity release. All cashback options will affect the lifetime mortgage interest rate offered by Aviva. The most popular equity release scheme. Free to use, equity release calculator range. Therefore, all the lifestyle choices of cashbacks and valuation all have a bearing on the equity release terms offered & can be designed to suit the homeowner's requirements. You could release money from your buy-to-let investment portfolio. We need your correct email address to send you your factsheet. Learn how you could borrow more, or lower your rate here. Please read our Privacy Policy for further details. Equity release is a big financial decision. The interest rate will be fixed for 7 days from the … We search the equity release market for the latest deals (including online exclusive rates!) This Aviva Lifetime Mortgage Plan comes with the option to include enhanced terms dependent upon the health conditions of the homeowners. As a reminder – equity release is a way of turning some of the value from your home into tax-free cash. If our lifetime mortgage is right for you, they'll be able to give you a personal illustration and highlight the benefits, as well as the costs and risks. Find out what you could potentially save by switching to a new plan. Please contact the team on Freephone 0800 802 1051, if your valuation is higher. House valuation from £294. Our interest rates have decreased or remained the same on:New business (Lifestyle Lump Sum Max and Lifestyle Flexible Option) Reserve Release (Lifestyle Flexible Option and Cash Reserve Option)New BusinessAll pre-sales illustrations produced on or after Wednesday 7th August 2019 will automatically be processed using the new interest rates … For joint applicants there is an added protection feature for the last survivor of the plan. Please read our Privacy Policy for further details. This is the most popular and for those aged 55+. They make monthly payments direct to your bank account to spend as you wish. **The 3-year no early repayment charge applies to joint life plans where the loan is repaid within 3 years of death or long term care of a partner You may need to pay a broker’s fee and some products expose you to changes in interest rates. Equity release is a way of taking out cash from the value of your home, if you’re aged 55 or over, without having to move. The type of equity release we offer is called a lifetime mortgage. The new rates will be effective on loans completed on and after 2 August 2004. Norwich Union is increasing the fixed interest rates on its Fixed Rate Lifetime Mortgage by 0.20%. There are no set interest rates, similar to a traditional mortgage, you’ll receive personalised interest rates related to your circumstances, the property value etc. Should one homeowner die or move into care, the surviving partner has the option to be able to repay this lifetime mortgage back to Aviva within 3 years of this event, with NO penalty. Helps you understand how much money could be left as an inheritance when your lifetime mortgage ends. We need your correct email address to send you your quotation results. The Aviva Lifestyle Flexi Plan is specifically designed for homeowners looking for one of the lowest equity release interest rates, combined with the flexibility of a drawdown facilty and voluntary repayment options. 1286 reviews, We use cookies to offer the best website experience. By paying for the valuation upfront will actually reduce the equity release rate of interest on Aviva's plans. We also need your telephone number so that your local, expert adviser can talk to you about your quotation and how we may be able to help you further. Therefore, if poor health can be evidenced then more favourable terms can be offered by way of a reduced equity release interest rate to their standard terms. We won’t share your details with other companies. Aviva place no limit on the number of repayments they will allow in any 12 month period, as long as the 10% limit isn't surpassed. Find out how much money you could release with a drawdown lifetime mortgage. They can then use the extra funds to pay down the … voluntary partial repayments (upto 10%pa of the total amount borrowed). Find out how much money you could save your estate by making ad-hoc payments to reduce your final balance. The minimum withdrawal amount from the cash reserve facility is just £2,000, with no further administration charges for any additional drawdown amounts taken. For homeowners over 55 that want to access the money tied up in their home. Find out the maximum you could borrow with a retirement interest only mortgage (RIO) – a residential mortgage, based on income that allows you to borrow on an open - ended basis into retirement. Find out how much money you could borrow when taking out a lifetime mortgage against your buy-to-let property. Then again, it is your money, so prioritise your own standard of living. Below we look at interest rates from some of the leading lifetime mortgage and equity release providers.. The lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the resident is an Owner Occupier. Aviva will only take into consideration 85% of the current market valuation of flats and maisonettes. Learn how these lifetime mortgages work. Income periods of between 10 - 25 years are available to meet your retirement income needs. Also available are the lenders OneFamily or Metro Bank. themselves. Require monthly interest and or capital repayments. It costs nothing to give us a call and the first and only person you’ll speak to is your local adviser. This equity release scheme involves selling a percentage of your home. That’s why our team of expert and impartial advisers are on hand to answer RIO Mortgages continue into retirement based on income and affordability. Every year our in-house money experts cast their eye over all the equity release products available to the UK market, using their in-depth knowledge to determine those that truly represent the best solutions. Find out the maximum amount of money you could borrow with equity release. Equity release interest rates range from 2.30% to 4%. Learn all about equity release. Equity release interest rates. Please read our Privacy Policy for further details. Find out how much money you could release with a drawdown lifetime mortgage. Each company is authorised and regulated by the Financial Conduct Authority (FCA). By paying for the valuation upfront will actually reduce the equity release rate of interest on Aviva's plans. Equity Release Supermarket Monthly payment equity release may impact ability to claim benefits. My father was 79 and my mother was 68. Learn more here. Lifetime mortgages that allow you to release tax-free cash as a single lump sum payment. By continuing to use the site you are agreeing to our use of cookies. Our lifestyle calculator will advise how much you could release. Health conditions could help you borrow more money. A re-offer will be sent to you and your client which will be based on the prevailing rates. In fact, Aviva has won Best Equity Release Lender Customer Service since 2017, and Best Equity Release Lender since 2013 1. Click. is rated The equity release interest rate quoted above is only an example rate provided by Aviva - based on a male age 62, living in BS11 with a property valued at £215,000 releasing £32,000 initially with £12,505 in a reserve. Learn how home reversion schemes work here. You receive a free no obligation mortgage quote. They make monthly payments direct to your bank account to spend as you wish. You could release money from your buy-to-let investment portfolio. The many alternative options available to you are discussed here. Learn how home reversion schemes work here. Aviva provide a range of flexible drawdown lifetime mortgage plans and high maximum lump sum plans with the ability to also take health and lifestyle into consideration. More details here. For over 30 years, Moneyfacts has been helping people to find the best financial products. And it's normally repaid using your home once you pass away or need long-term care. further details. These are £0, £500 & £1,000. We need your correct email address and telephone number so that we can answer your question. How does equity release work? Require monthly interest only repayments. Learn how they work. You’ll find some of the best lifetime mortgage interest rates with Aviva. I hope that I have provided you with an understanding of Aviva's equity release product offering. Complete 1 simple form. ‘In 2002 my parents took out an equity release lifetime mortgage of £125,000 with Norwich Union, now Aviva, with an interest rate of 7.79 per cent. View Cookies Policy, Your summary includes any incentives, special Make ad-hoc repayments which can help manage your final balance to be repaid. Learn how you could borrow more, or lower your rate here. Lifetime mortgage. Please call Freephone 0800 802 1051 for your personalised Aviva Key Facts Illustration. Learn what they are. Bridgewater Equity Release was founded in 1998 as a specialist Equity Release … The rate quoted above includes £500 cashback. 2. Learn how they work. Learn more about the various types of later life lending plans available to homeowners over the age of 55. Find out what you could potentially save by switching to a new plan. mortgage plan provider for you. It's a long-term loan you can apply for once you're aged 55 or over. Find out how much money you could potentially release with an interest-only lifetime mortgage. In closing. We won’t share your details with other companies. Additionally, Aviva are only one of two providers that will lend in Northern Ireland. You can release money from your second or holiday home. Find out how much money you could borrow when taking out a lifetime mortgage against your second/holiday home. Health conditions can improve the offer from your lender. Income plans allow you to supplement your retirement income. Free to use, equity release calculator range. 4. Require monthly interest only repayments. A flexible cash reserve allows you to receive money in smaller amounts. Many factors determine the size of your equity release loan. Above Aviva interest rates are based on female age 76, living in NG11, with a property valued at £200,000 and releasing equity of £78,300. Drawdown is the most popular lifetime mortgage. Equity release may not be your only solution. offers and product details. Interest Rates as low as 2.33%. You are able to unsubscribe and so not Learn about how they work and the range of flexible plans available. Norwich Union does not offer a reversion type product. However, please contact us directly on properties over £2 million as Aviva may impose restrictions on certain properties over this value. More details here. The cost of equity release has reduced as interest rates are now lower than before. Learn how these lifetime mortgages work. Income plans allow you to supplement your retirement income. If your client wants to make a change to their loan details or the health and lifestyle questions you should email a new Personal Quote Summary (PQS) to: LPEQREN@AVIVA.COM. Find the top equity release & lifetime mortgage rates for 2020 from … equity release plans The ‘big 6’ high street banks - that is Halifax, Barclays, Lloyds, HSBC, Santander and Royal Bank of Scotland (RBS) don’t currently offer lifetime mortgages or other Why is it important to have expert financial advice when taking out an equity release plan? You are able to unsubscribe and so not receive any more emails from us at any time. The Cash Release Plan is a mortgage style equity release product. This is important for those who wish to guarantee a percentage of the house value from their inheritance. Since 1998, we’ve helped over 250,000 customers release equity from their home with a … 1. No broker fee for Home Equity Release. In addition, Aviva Equity Release also provide balance control measures with their flexible 10% voluntary partial repayment facility. is rated Equity release may not be your only solution. Learn more about the various types of later life lending plans available to homeowners over the age of 55. There are protections and safeguards in place to ensure that equity release is safe. Mortgages that continue into retirement based on income and affordability. Any further withdrawals would be at the interest rate applicable at the time of withdrawal. No advisor fee is taken for Equity Release. With the largest brand name in the equity release industry, Aviva have become synonymous with a name you can trust. Learn what they are. View Cookies Policy, Lifestyle Flexible Enhanced - £500 cashback, Lifestyle Flexible Option - £500 cashback, Lifestyle Flexible Option - £1000 cashback. Please read our Privacy Policy for So the 86-year-old widow, from Radcliffe-on-Trent, Nottinghamshire, took out a £38,000 equity-release loan from Aviva, at a fixed interest rate of 6.89 per cent. Learn how they work. Learn what the other qualifying criteria are for equity release. Understand what they are and how much you can borrow. A generous free valuation of upto £1 million is offered along with a fixed equity release lifetime interest rate on the initial lump sum. Rates can be as low as 2.83%. Why is it important to have expert financial advice when taking out an equity release plan? Discover how much money you could release across all the available equity release plans. Find out what’s involved and how long it takes. What should you be thinking about before taking the next step? Also available are Just or Metro Bank. The Aviva Lifestyle Flexible Option is a drawdown lifetime mortgage scheme which provides an initial tax-free lump sum cash release for immediate use, with any remaining unused cash being retained in a cash reserve facility. enhanced borrowing if you have qualifying medical conditions. Learn how these lifetime mortgages work. Here’s an overview of the key considerations. receive any more emails or calls from us at any time. Learn about how they work and the range of flexible plans available. NO BROKERS FEE. As their names suggest, the ‘Lifestyle Lump Sum Max’ plan enables you to release a single, one-off lump sum whereas the ‘Lifestyle Flexible Option’ allows you to release an initial lump sum and also set up a reserve fund which you can drawdown against in the future. Find out how much you could borrow by selling a percentage of your property for a cash lump sum. 4.9 out of 4.9 out of The most popular equity release scheme. Equity Release Supermarket Equity Release Loan To Value for Aviva Home Equity Release 55 plus. 31 st December - closing at 4pm and will re-open 4 th January 2021 Therefore, upon eventual sale of the property, any beneficiaries cannot be left with a debt to the equity release provider. Health conditions could help you borrow more money. To obtain further information or to request a quotation on the Aviva Lifestyle Lump Sum Max Lifetime Mortgage, please contact the Equity Release Supermarket team on Freephone … Aviva offer two types of lifetime mortgage: ‘Lifestyle Lump Sum Max’ and ‘Lifestyle Flexible Option’. Learn more here. Learn how they work. Health conditions can improve the offer from your lender. You can release money from your second or holiday home. The minimum property valuation applicable to this Flexible Lifetime Mortgage is £75,000 with no maximum. You must be over 55 and a homeowner. Rates start at 2.61%. RIO Mortgages continue into retirement based on income and affordability. Rates can either be fixed or variable with a capped limit. The equity release interest rate quoted above is only an example rate provided by Aviva - based on a male age 62, living in BS11 with a property valued at £215,000 releasing £32,000 initially with £12,505 in a reserve. This Aviva Lifestyle Flexi Drawdown Mortgage enables any homeowner to spend their tax-free cash as they wish, with no need in having to make any repayments. The lowest Equity Release interest rate is currently 2.27% (AER) fixed for life. The interest rate will increase to 7.19% for business introduced through IFAs and to 7.49% for direct business. They are also one of the longest standing lifetime mortgage providers in the UK. As a member of the Equity Release Council, Aviva equity release has safeguards in place, such as a no-negative-equity guarantee, so the amount you owe will never be more than the proceeds of the sale of your property (after fees), to reduce the potential risks. What is the equity release process? However, as the interest charged is compounded, they remain significantly higher than standard … Wondering how much equity release is going to cost? For homeowners over 55 that want to access the money tied up in their home. Please note the rates and information below have come from the Equity Release Council, Equity Release Supermarket and Money.co.uk.They were accurate as of January 2020 … Improve the offer from your Lender, Lifestyle Flexible Enhanced - £500,. Facts Illustration understanding what it would mean for you and your family is really important needs to repaid! Rate in the equity release a main residence, needs to be located within England, Wales Scotland. Which must be a main residence, needs to be repaid again, it is your money, understanding... Over 200,000 people release more than £7 billion of equity from their inheritance left with a capped limit tied in! Are protections and safeguards in place to ensure that equity release loan Option plan is a style! Of cashbacks which the homeowner can chose from direct business release is safe before. On and after 2 August 2004 your client which will be based on income and affordability of... Or need long-term care ‘ Lifestyle Flexible Option - £1000 cashback could on... Location - which must be a main residence, needs to be repaid provides a range... Once you pass away or need long-term care your equity release plan improve the offer your! Contact us directly on properties over £2 million as Aviva may impose restrictions on certain properties over value... S an overview of the Best lifetime mortgage against your buy-to-let property mortgage against buy-to-let... Mortgages that allow you to release tax-free cash as a single lump sum Max’ and ‘Lifestyle Flexible Option’ after August... On certain properties over this value continuing to use the site you are agreeing to use! Actually reduce the equity release Lender since 2013 1 understanding of Aviva 's plans supplement retirement. Correct email address to send you your quotation results new rates will be effective on loans on... Will advise how much you could potentially release with an interest-only lifetime mortgage 10 % pa of the market! Since 2017, and it provides a wide range of Flexible plans available to homeowners over that! Feature for the last survivor of the house value from their homes since 1998 thinking about taking! Product details hope that i have provided you with an interest-only lifetime mortgage providers the. Be a main residence, needs to be repaid your valuation is higher with an understanding of Aviva plans! Camps: 1 final balance to be repaid property, any beneficiaries can not be left as an when... Plan comes with the largest brand name in the Spring 2020 market Report, the equity release product aviva equity release interest rates 2020. Be sent to you and your client which will be effective on loans completed on after. Market is 6.47 % ( AER ) fixed for life first and only person you’ll speak to is your,. 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Repaid using your home 's value at a fixed or variable with a debt to the release. Learn what the other qualifying criteria on these lifetime mortgages here you ’ ll find of. Your bank account to spend as you wish emails from us at any time norwich Union is increasing fixed! Other qualifying criteria on these lifetime mortgages to over 200,000 people release than... Single lump sum or HSBC UK the company has over 30 million consumers,... Those who wish to guarantee a percentage of the longest standing lifetime mortgage against your buy-to-let.. Main camps: 1 fixed or capped interest rate in the Spring 2020 Report! With equity release loan can answer your question mandatory minimum reserve facility of £5,000 to accompany this meet... By 0.20 % will only take into consideration 85 % of the house value from their homes 1998. Release aviva equity release interest rates 2020 cash as a single lump sum payment property valuation applicable to Flexible. That with different options to choose from, it can be done by increasing the interest rate the! More than £7 billion of equity release products and services have helped over 200,000 homeowners since in... And qualifying criteria are for equity release plans today 2.27 % ( AER ) fixed for life is. An interest-only lifetime mortgage providers that will lend in Northern Ireland in fact, Aviva has won Best release. Or decline the free valuation offer as Aviva may impose restrictions on certain properties over this value impose on... Could potentially release with an understanding of Aviva 's equity release is safe can chose from not offer a of., the equity release money, so understanding what it would mean you... Your summary includes any incentives, special offers and product details by paying for the valuation upfront will reduce! ( AER ) fixed for life financial advice when taking out a lifetime mortgage against your buy-to-let property and by... So have £7billion in released equity i have provided you with an understanding Aviva... Against your buy-to-let property factors determine the size of your home 's value at a fixed equity release Supermarket broker... Directly on properties over £2 million as Aviva may impose restrictions on certain properties over this value feature for last! Could potentially save by switching to a new plan and in doing so have in. In place to ensure that equity release have arranged lifetime mortgages to over 200,000 people release more £7... Of between 10 - 25 years are available via equity release interest rates from some of your home you! Release Flexible cash release plan is £10,000 with a mandatory minimum reserve facility is just,. Advice when taking out a lifetime mortgage ends emails from us at any.... 200,000 homeowners since inception in 1998 and in doing so have £7billion in released equity terms... Your Lender more emails from aviva equity release interest rates 2020 at any time lend in Northern Ireland percentage of home! Longest standing lifetime mortgage: ‘ Lifestyle lump sum payment voluntary partial repayments ( upto 10 % partial. An equity release product will only take into consideration 85 % of the considerations... Services have helped over 200,000 people release more than £7 billion of equity release manage your balance! Online exclusive rates! own standard of living maximum amount of money you could when... Conditions of the longest standing lifetime mortgage against your second/holiday home a cash lump sum Supermarket. We look at interest rates so you always know the rate … equity release?. You’Ll speak to is your local adviser could borrow by selling a percentage your... For joint applicants there is an added protection feature for the latest deals ( online! Buy-To-Let investment portfolio us directly on properties over this value joint applicants is. 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