Premier Flexible Black
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: 6.51%: 6.80%:: Cashback | Free Valuation | Free Application | Legal Fees Contribution | 10%pa Optional Partial Repayments | Inheritance Protection Guarantee | 3-year No Early Repayment Charge* | Exclusive Free Legal Service**
Eligibility
- Minimum age of 55 years for the youngest applicant
- Maximum age of 90
- Minimum Loan – £100,000
- Maximum loan available – £2 million
- FREE unlimited valuation
- The highest acceptable property value is £4 million
- Premier Flex Black Plan available in England, Wales & mainland Scotland
Features
- Drawdown scheme – hence can take extra cash from a reserve facility in the future
- 3 Year Repayment Option for Survivor on Death/Long Term Care of Partner
- Gilt Based Early Repayment Charges
- Downsizing protection available after 5 years
- Members of the Equity Release Council – Hence inclusion of a No Negative Equity Guarantee
- Interest rate shown is based on properties situated outside the London & South-East area
Options
- Upto 10% Voluntary Repayments Each Year with No Penalty
- Inheritance Protection Option