Northern Rock Lifetime Mortgages
Northern Rock's Lifetime Mortgage is a loan that is aimed at the over 60 year old
homeowner. Although it is secured on your home, there are no monthly payments and
it is designed to help you remain in your home for as long as you want to be there.
On a Northern Rock Lifetime mortgage, interest is added to your loan and the full
amount is paid back when your home is sold following your/the joint borrowers death,
or when you move into long-term care or sheltered accommodation.
Because this is a life time product, it is a good idea to talk with a financial
adviser to decide whether or Northern Rock Lifetime mortgage is suitable and the
mortgage form on this page allows you to do just that.
A little bit more about Northern Rock…
Northern Rock Building
Society, the
specialist mortgage lender, transformed itself into a plc in 1997 and was originally
an amalgamation of 53 societies.
It now has over 55 branches, the company is
currently the 5th largest
UK
lender, the largest financial institution based in the North East of England and
one of the most cost efficient
UK
mortgage lenders based on key performance ratios.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
By submitting this form you are consenting to your information being passed to an associate of Okoza who may contact you. This information may be used by us or selected partners to advise you of other useful products or services that we feel you would be interested in. Our service is free to you but to operate this service we receive fees from the lenders or brokers we refer you to. There may be a fee for mortgage advice. The adviser is obliged to disclose to you the fee before providing the advice and the precise amount will depend upon your circumstances. We estimate that a typical fee will be 1% of the sum you borrow..