We understand that our clients may not be able to do the regular 9 to 5 so you can rely on us to work around you.
With over 40 years combined experience here at Coastway Financial you can rest easy that you will get the most suitable advice.
We will search for the most suitable mortgage for your individual circumstances, including adverse credit.
Welcome to Coastway Financial. If you are 55 or older and are considering the release of money from your home, then a Lifetime Mortgage could be the perfect option. A Lifetime Mortgage allows you to get an income from your property, without the need for a monthly repayment.
This is a loan that is secured to your home and allows you to release tax-free cash without the need to move. It is financed against the value of your home but there's no need to pay it back until you move into long-term care, or pass away.
Lifetime Mortgages are regulated by the Financial Conduct Authority.
This is a Lifetime Mortgage. These are only applicable to those 55 and over, and it could affect eligibility to state means-tested benefits and the inheritance you may leave. To understand the features and risks, ask for a personalised illustration.
A Lifetime Mortgage can be a great option if you are a homeowner who is either coming up to retirement, or is retired. There are a wide range of different solutions on offer and a variety of brokers, so it's essential that you make sure you're using an expert in the services available.
For homeowners, Lifetime Mortgage schemes can help you to access money as a lump sum, or regular payments (or both these things). They can then be utilised for many different things, including helping family to get on the property ladder, for big life events, or for enhancements to your home.
There are no monthly fees or an affordability calculator for Lifetime Mortgages. All payments are either made once your property is sold, or after death. The crucial elements are your age, what kind of property you have and where your property is based.
If you would like further information on Lifetime Mortgages in Hailsham, East Sussex, please call us today on 01323 335 007 or email enquiries@coastwayfinancial.com.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
