Shawbrook

shawbrook.jpg

55 PLUS INTEREST-ONLY MORTGAGE

OFFER YOUR CUSTOMERS PEACE OF MIND

The Financial Conduct Authority (FCA) estimates that 600,000 borrowers will see their interest-only mortgages maturing before 2020. Of these customers, under half are estimated to have a shortfall, with around a third of these expected to be over £50,000. To meet this shortfall many customers, especially those over 55 will be faced with either selling their cherished family home, or using their pension pots to make up the difference. The Shawbrook 55 Plus Interest-Only Mortgage offers customers aged over 55 a lifeline.

Customers can;

  • Stay in the family home for up to an additional 15 years
  • Keep their savings in place for longer
  • Raise additional funds for a variety of purposes including; landscaping the garden, helping children onto the property ladder and taking a once-in-a-lifetime holiday to name but a few.
  • Make overpayments on their mortgage without charge and repay in full at any time, paying only the discharge fee of £120 in England and Wales and £180 in Scotland.

 

REGISTER TODAY

As a member of a mortgage club you can register to become accredited and gain access to the 55 Plus Interest­-Only Mortgage.

To become accredited with us, please download and complete the following:

Send these two documents, along with copies of the below to: fiftyfiveplusclub@shawbrook.co.uk

  • Indemnity Cover
  • Organisational Chart
  • Contact details including; names, email addresses and phone numbers of those individuals in the business that will require access to the system

Upon receipt of the documents, we will carry out due diligence and look to have you registered to transact business with us within 24 hours.

 

DOWNLOADS

 

If you have any queries with regard to the required documentation outlined above, or have any cases you would like to discuss, please call the Sales Team on 0330 123 4527 or email the enquiry through on fiftyfiveplusclub@shawbrook.co.uk

 

 

The latest news from Equity Release Club

Twitter News

5 rate reductions this week with JUST, LV=, more 2 life, Aviva and L&G. Click th elink to view our newsfeed. https://t.co/fKj90lvoXG May 26

Please be aware we are experiencing technical difficulties today with our broadband service!! Apr 28

RT @whitedragonPR: Bob Champion at client @Latelifeacademy : A drawdown rule of thumb https://t.co/qqKswPc9rW via @Retire_Planner Apr 05

Follow us on Twitter