Compare a Lifetime Mortgage with an Open Option Home Reversion Plan?

Rookery Farm Porthtowan Truro TR4 8TY
01209 890762 email:bobstark@tiscali.co.uk

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We recently succesfully challenged a DWP statement that a married couple were not entitled to Pension Credits. As a result, their income was increased by almost £175 per month

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The Mortgage Shop is a retired IFA that no longer gives direct advice on or arranges Equity Release. Instead, it passes your enquiry to a fully qualified and
licensed professional firm in your local area that will do this for you. This is a FREE referral service to you, without any obligation, and you are completely
at liberty to negotiate with the firm concerned the terms for their advice and services. The information provided is on the basis of our understanding of UK
tax law and Inland Revenue practice and is subject to change. This site is intended for persons aged 18 or over, resident or ordinarily resident, in the
United Kingdom. email: bobstark@mortgagefor.me.uk

This is about Equity Release Plans. To understand the features and risks, ask your adviser for a personalised illustration. The actual
APR rate available will depend upon your circumstances.

This compares a lifetime mortgage with a home reversion plan. To understand the features and risks, ask for personalised illustrations

FOR PROFESSIONAL EQUITY RELEASE INFORMATION

Lifetime Mortgage Calculator ©
This calculator will help you to estimate how much you can borrow through equity release, against the value of your home, with a SHIP guaranteed Lifetime Mortgage.
1	Your name:	Age:
2	Other name:	Age:
3	Estimated current property value:

4	Maximum loan amount:
5	Enter loan amount:
6	Enter the amount of any current mortgage or loan:
7	Net capital amount you could raise:
8	IHT threshold:
9	Potential IHT saving:
10	Percentage LTV:
11	Enter the fixed interest rate you think might apply: (If you are not sure, click here)
12	Enter your estimated rate of property inflation:
13	Enter any number of years:

14	Future property value:
15	Future loan value:
16	Remaining equity:
17	Future % LTV:
18	Future percentage still owned:

Open Options Property Plan Calculator ©
This equity release calculator will help you to find out the largest current Lump Sum amount that can be released from the sale of all or part of the value of your home using a new style Joint Ownership SHIP guaranteed 'Open Options' Home Reversion Plan. It will also enable you to estimate the effect on both Inheritance Tax (IHT) and the future value of your estate according to your estimate of future inflation for property values.
1	Choose Single or Joint:	Single Joint
2	Name 1: Age: Male Female
3	Name 2: Age: Male Female
4	Estimated current property value:

5	Maximum loan amount:
6	Enter loan amount:
7	Enter the amount of any current mortgage or loan:
8	Net capital amount you could raise:
9	IHT threshold:
10	Potential IHT saving:
11	Retained Protected Share:
12	Initial Percentage sold:
13	Enter your estimated rate of property inflation:
14	Enter any number of years:

15	Future property value:
16	Remaining equity:
17	Future percentage still owned: