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Lifetime Mortgage Hastings

At Coastway Financial, we are local experts in Lifetime Mortgages. Our team of specialists can provide you with their knowledge and expertise in all aspects of releasing equity from your home!

Welcome

We are a leading mortgage expert with over 40 years of combined experience.

Knowledgeable

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.

Integrity

With over 40 years combined experience here at Coastway Financial you can rest easy that you will get the most suitable advice.

Service

We will search for the most suitable mortgage for your individual circumstances, including adverse credit.

Lifetime Mortgages, East Sussex

Welcome to Coastway Financial. If you are 55 or over, and want to release capital from your home, we can help!

What is a Lifetime Mortgage?

Lifetime mortgages let you release tax-free cash from your home, with a loan secured to your property. The loan is raised against the value of the property, and repayment isn't needed, until you move in to long term care, or pass away. These mortgages give you the opportunity to receive a cash injection, without needing to move or downsize your property.

Lifetime mortgage products 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.

Lifetime Mortgages East Sussex
Equity Release Hastings

How Do Lifetime Mortgages Work?

If you're a homeowner who is going to be retiring soon, or is already retired, a Lifetime Mortgage is a great option. There are a selection of options available, from a range of different brokers. This means that it's even more essential that you use a professional.

Lifetime Mortgages give homeowners the chance to use their property as collateral to get a lump sum or regular payments of cash. A great way to get financing for simple things like enhancing your property, helping loved ones to get on to the property market, or paying for a life event.

Two of the many benefits of a Lifetime Mortgage is that there is no affordability calculator and no monthly fees. Payment is simply taken once your property sold, or after you die. Eligibility will be based on your age, your property type and where you are located.

For further information on lifetime mortgages in Hastings, East Sussex, contact us today. Call us today on 01323 335 007 or email enquiries@coastwayfinancial.com and we will be happy to answer any questions.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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