WITHDRAW CAPITAL and CREATE CASH RESERVES – USING LIFETIME MORTGAGES

DOWNLOAD YOUR FREE QUICK GUIDE TO LIFETIME MORTGAGES AT OUR WEBSITE LINK AT THE END OF THIS ARTICLE.

THIS GUIDE IS TOTALLY FREE WITHOUT US TAKING ANY OF YOUR PERSONAL DETAILS, CALL US IN YOUR OWN TIME, INSTEAD OF US CALLING YOU !

Real Life Situations by Chris Morgan

Names: James (45) his parents, both aged (68), Approaching Retirement, looking to release equity from their home.

James’s parents wanted to withdraw some equity so they could stay in their property,  which would allow them to remain close to their existing family and friends. They had been looking at properties in different areas, but simply did not wish to break ties with their families and friends that currently live nearby.

We arranged £150,000 capital withdrawal and £150,000 cash reserve at a very competitive interest rate, which reduced any concerns they had leaving money to James. In this case it was clear that our clients, did not need the whole amount they were being offered initially. but the thought of a cash reserve was re-assuring for them in the background.

Client Quotes: 

“All of our social connections and family members live close to our existing property, so it has been of great concern to us about what would happen once we decided to either “trade down” or release equity from our property. None of our “trade down” options were idea, so we elected to use a Lifetime Mortgage instead”. 

We had done a lot of research ourselves online, but every time we approached an adviser to arrange the mortgage they quoted us extortionate fees, plus they also wanted our personal details before downloading any information guide from their website, which we found this intrusive at such an early stage of the process”. 

Lifetime Mortgage Expert Advice … 

Lifetime Mortgages are an ideal way to release equity from your property, especially if you are looking to improve your finances without an ongoing commitment of monthly payments.  The majority of Lifetime products can be arranged without any proof of your income, especially those ones where there are zero ongoing monthly payments.

Most Lifetime Mortgage Advisers charge fees for their advice and will require you to give them your name, address, email and phone number, before you can even download their”free brochure or guide”. We believe that the most relevant and important facts about Lifetime Mortgages should be available to you to download free, without high pressure sales techniques.

Our guide is Free to Download and is available without you giving your personal details. This means that you make the decision of when to make the initial call to us for advice. When you decide to take a Lifetime Mortgage the Lifetime Mortgage Expert is likely to save on average of between £1281 and up to £2395 in broker fees up front.

We think that is a significant mount of money that you could be spending on a nice long weekend break away somewhere instead?

If you would like to download our Free Quick Guide To Lifetime Mortgages then visit www.lifetimemortgage.expert Our Lifetime Mortgage Expert, Chris Morgan can also be reached by email at enquiries@lifetimemortgage.expert

Chris Morgan’s full Biography can be read here …

http://lifetime-mortgage.expert/adviser-career-biography-chris-morgan/

Here is also a direct link to the Free Quick Guide …

http://www.lifetimemortgage.expert/assets/Lifetime_Mortgage%20_Expert_Guide.pdf

Please Note: 

Lifetime Mortgage Expert is a Trading Style of Unusual Mortgages who are authorised and regulated by the Financial Conduct Authority. Registration number 497173. We do not charge a broker fee for Lifetime Mortgages (without ongoing monthly payments) where the initial lump sum withdrawal is £50,000 or more (this is not including cash reserve) instead we receive a commission from the mortgage lender.

If you wish to draw less than £50,000 we may charge a small fee to ensure a minimum total earning of £995. Please contact us for a specific quotation. In the Lifetime Mortgage Survey 2018, the average broker fee being charged by a financial adviser for arranging a lifetime mortgage was £1281 and the largest fee charged was £2395.

REPAY YOUR INTEREST ONLY MORTGAGE – USING LIFETIME MORTGAGES

DOWNLOAD YOUR FREE QUICK GUIDE TO LIFETIME MORTGAGES AT OUR WEBSITE LINK AT THE END OF THIS ARTICLE.

THIS GUIDE IS TOTALLY FREE WITHOUT US TAKING ANY OF YOUR PERSONAL DETAILS, CALL US IN YOUR OWN TIME, INSTEAD OF US CALLING YOU !

Real Life Situations by Chris Morgan

Names: John and Marcus, Ages 55 and 62, Approaching Retirement, Existing Self Certified Mortgage (coming to an end)

John and Marcus were worried about their Interest Only mortgage which still was outstanding on their property valued at £900,000. They took out a Self certified mortgage around 15 years ago and were not required to provide a repayment vehicle by the lender. This means they are short of options to repay this amount, as the end of term gets nearer.

We helped them draw £100,000 on a Lifetime Mortgage to clear their £76,000 mortgage, so they could remain in their property and have a cash reserve to use as they choose. The new arrangement did not have any ongoing monthly payments and we didn’t charge them a broker fee for our advice.

Client Quotes: 

“It is very important to us both that we are able to remain in the property, without the pressures of moving and changing social aspects of our lives. The former Interest Only Mortgage had become a burden to us, with regular monthly payments that we felt these would become more troublesome as time moved on”. 

We had looked at several advice options, but felt that the adviser fees for advising us were very high, so finding a broker with a fees free proposition was important to us. We were surprised that there was so much difference between different financial advisers. in the amounts they charge?

Lifetime Mortgage Expert Advice … 

Lifetime Mortgages are an ideal way to repay an existing Interest Only Mortgage, especially for those that may have interest only mortgages coming to near the end of it’s term, or may wish to release themselves from the regime of monthly payments.  The majority of Lifetime products can be arranged without any proof of your income, especially ones where there are zero ongoing monthly payments.

Lifetime Mortgages have to be arranged through a qualified financial adviser, many of which only do in return for an agreed “broker fee”. The reality is that Lifetime Mortgage providers already offer brokers commissions for the business they submit, so effectively this means they are in fact being paid twice for the introduction.

This in theory means you should be able to arrange your Lifetime Mortgage through a financial adviser, without any adviser fees, if you find one that offer “Qualified Advice, Zero Broker Fee” like Lifetime Mortgage Expert, then you know that you are likely to save on average of between £1281 and up to £2395 in broker fees up front.

We think that is a significant mount of money that you could be using on a nice long weekend break away somewhere instead?

If you would like to download our Free Quick Guide To Lifetime Mortgages then visit www.lifetimemortgage.expert Our Lifetime Mortgage Expert Chris Morgan, can also be reached by email at enquiries@lifetimemortgage.expert

Chris Morgan’s full Biography can be read here …

http://lifetime-mortgage.expert/adviser-career-biography-chris-morgan/

Here is also a direct link to the Free Quick Guide …

http://www.lifetimemortgage.expert/assets/Lifetime_Mortgage%20_Expert_Guide.pdf

Please Note: 

Lifetime Mortgage Expert is a Trading Style of Unusual Mortgages who are authorised and regulated by the Financial Conduct Authority. Registration number 497173. We do not charge a broker fee for Lifetime Mortgages (without ongoing monthly payments) where the initial lump sum withdrawal is £50,000 or more (this is not including cash reserve) instead we receive a commission from the mortgage lender.

If you wish to draw less than £50,000 we may charge a small fee to ensure a minimum total earning of £995. Please contact us for a specific quotation. In the Lifetime Mortgage Survey 2018, the average broker fee being charged by a financial adviser for arranging a lifetime mortgage was £1281 and the largest fee charged was £2395.

Introducing “The Lifetime Mortgage Expert” – 30 Years Banking and Financial Services Experience

Adviser Career Biography – Chris Morgan, FPC, CeMap, CeRER 

Chris Morgan is the “Lifetime Mortgage Expert” at Unusual Mortgages, with 30 years experience in Banking, Financial, Insurance and Mortgage Industries. He has worked for three major banks in his career – Lloyds, HSBC and Barclays. He was the resident financial adviser for Barclays Regent Street, Liberty’s and Mayfair group of branches and been an Independent Financial Adviser since March 1999, when he created his own advisory practice Compass.

Awards …

He is a former Barclays Young Business Person of the year and a finalist in the Financial Times FT Adviser, Mortgage Adviser of the Year. He has also been a nominee at the European Diversity Awards for his campaigning work within human rights. Chris is one of the most consumer and media friendly financial advisers in the UK and has made many television appearances including GMTV presented by Lorraine Kelly, Simply Money on Sky Digital presented by Angela Rippon and The Money Channel presented by Gavin Campbell as their resident Financial Adviser.

Media …

He has contributed many features and interviews for consumer facing radio and media titles such as BBC Radio, Guardian Money, The Independent, The Financial Times, The Observer, Evening Standard, Money Observer, Real Money, The Telegraph, The Times and Time Out. He has also worked with many leading financial industry titles such as Cover Magazine, FT Adviser, Money Marketing, Mortgage Finance Gazette, Mortgage Introducer, Mortgage Strategy and Professional Adviser.

Experience …

With all of this qualified experience and knowledge at your service without a broker fee, firstly why would you try to arrange this type of product directly yourself through a product provider? And secondly why would you pay a broker a fee of up to £2395*, when you could get the same service without paying a fee? In our opinion high broker fees have little baring on the quality of advice you will receive, as Lifetime Mortgages are only offered by a small select group of product providers.

If you would like to download our Free Quick Guide To Lifetime Mortgages then visit www.lifetimemortgage.expert Our Lifetime Mortgage Expert Chris Morgan can also be reached by email at enquiries@lifetimemortgage.expert

Chris Morgan’s full Biography can be read here …

http://lifetime-mortgage.expert/adviser-career-biography-chris-morgan/

Here is also a direct link to the Free Quick Guide …

http://www.lifetimemortgage.expert/assets/Lifetime_Mortgage%20_Expert_Guide.pdf

Note: Lifetime Mortgage Expert is a Trading Style of Unusual Mortgages who are authorised and regulated by the Financial Conduct Authority. Registration number 497173.

We do not charge a broker fee for Lifetime Mortgages, Retirement Mortgages and Regulated Equity Release where the initial lump sum withdrawal is £50,000 or more (this is not including cash reserve) instead we receive a commission from the mortgage lender. If you wish to draw less than £50,000 we may charge a small fee to ensure a minimum total earning of £995. Please contact us for a specific quotation. In the Lifetime Mortgage Survey 2018, the average broker fee being charged by a financial adviser for arranging a lifetime mortgage was £1281 and the largest fee charged was £2395.

  • Lifetime Mortgages

    “Qualified Advice, Zero Broker Fee”

    Unusual Mortgages are Independent Mortgage Advisers who specialise in Lifetime Mortgages, Retirement Mortgages and Regulated Equity Release for over 55’s. Our resident “Lifetime Mortgage Expert” is Chris Morgan who has 30 years experience in Banking, Finance and Mortgage Advice. You can read his career biography at the link below this column. We have agencies with all the major lifetime mortgage providers and are able to provide Independent advice from the Whole of the market.

    Products …

    The concept of Lifetime Mortgages, Retirement Mortgages and Regulated Equity Release for over 55’s has grown massively over the last 20 years. It is very true that the initial products that were released into the market received poor press and were not popular. However, in more recent times these products have become highly regulated, with product providers having to meet industry standards and provide certain assurances and guarantees over negative equity – we think this is a very good thing.

    Qualications …

    Financial Advisers also have to pass a higher level qualification to be able to arrange Lifetime Mortgages, Retirement Mortgages and Regulated Equity Release. However, we have noticed that consumers have been left with a difficult choice between “chicken farm” financial advice by companies offering these products in huge volume, or local financial advisers who rarely are asked for advice in this area. Your alternative is to approach Chris Morgan, the UK’s leading Lifetime Mortgage Expert, who specialises in mortgage products for people over 55 without charging a broker fee*.

    Fees …

    He offers highly experienced “Qualified Advice, Zero Broker Fee”, which means those drawing £50,000 or more are likely to save themselves an average of £1210* in brokers fees. Instead of offering you a free pen, calculator or shopping vouchers with your quotation, we offer you enough of a saving on your advice fees advice fees equivalent to a weekend break away? Chris is always interested to hear which destination you would choose with the money you will save?

    *Please Note: 

    Lifetime Mortgage Expert is a Trading Style of Unusual Mortgages who are authorised and regulated by the Financial Conduct Authority. Registration number 497173. We do not charge a broker fee for Lifetime Mortgages (without ongoing monthly payments) where the initial lump sum withdrawal is £50,000 or more (this is not including cash reserve) instead we receive a commission from the mortgage lender.

    If you wish to draw less than £50,000 we may charge a small fee to ensure a minimum total earning of £995. Please contact us for a specific quotation. In the Lifetime Mortgage Survey 2019, the average broker fee being charged by a financial adviser for arranging a lifetime mortgage was £1210 and the largest fee charged was £2395

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