Company Details:
Stonehaven are one of the few companies who specialise in equity release. They launched in 2006 and have already become one of the leading companies offering equity release in UK.
Product Details:
All Lump Sum product options provide a one-off cash advance. It will be paid to your account or direct to your solicitors. Any outstanding mortgage or loan secured on the property must be repaid and can be repaid from the proceeds of this advance. No monthly repayments need to be made, and the loan (plus any interest accrued and charges added to the loan) is repaid when the house is sold. The minimum lump sum that can be borrowed is £10,000. The maximum depends on your circumstances, which includes your age and the value of your home. If there are two borrowers the amount available depends on the age of the younger borrower. The differences between the Lump Sum options are the maximum amount that you can borrow and the fixed interest rate charged. Exceptions: The LTV may be adjusted in certain circumstances, such as sheltered accommodation or non-standard construction types.
Our Incentive:
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Our Details:
If you would like further details on this product please don't hesitate to get in touch by calling us on 0800 15 22 525 or by requesting a callback. Alternatively click the GET QUOTE button above to submit your details to us.