A new lifetime mortgage equity release product has been launched by Bristol &West Mortgages .
The new mortgage offers a rate fixed at 6.65 per cent for the life of the loan, as well as a no negative equity guarantee.
The mortgage also offers highly competitive loan-to-value across all age bands. Mortgage holders have an option to a lump sum release and the mortgage is fully transferable.
Bristol &West Mortgages' head of marketing Dominic Toller said: "With a reputation as The Specialist, the equity release market is one where Bristol &West Mortgages should have a presence.
"We have recognised the clear need in the market and we have developed a competitive product designed to meet the changing needs of intermediaries and their clients".
The new mortgage product is expected to meet the changing needs of intermediaries and their clients.
Bristol &West Mortgages hopes to cash in on the forecasted equity release lending of between £2 billion and £5 billion annually over the next five years.
Bristol &West Mortgages offers advice on investments based on a selection of products from a limited number of product providers.
The mortgage lender is authorised and regulated by the Financial Services Authority in respect of investment, mortgage and insurance mediation activity.
Mortgage lender launches new lifetime mortgage equity release product
Mortgage Quote Line
0845 108 0505
Mortgage lender launches new lifetime mortgage equity release product
Thu, 19 May 2005
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage