More 2 Life Capital Choice Plus
Before You Start Reading...
How Much Can You Release? 👇
More 2 Life Capital Choice Plus Scheme Review
Capital Choice Plus Key Details
| Type | Rate | APR | |
|---|---|---|---|
 |
Fixed | 3.29% | 3.41% |
Scheme Incentives
- Cashback
- Free Valuation
- Free Application
Scheme Offers
- No Application Fee Option*
- 10%pa Partial Voluntary Repayments With NO Penalty
- Guaranteed Inheritance Feature
- Fixed Early Repayment Charges
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release scheme with all the choices available.
Or is it?
Is the More 2 Life Capital Choice Plus, equity release scheme the best?
Don’t let your equity release dream become a nightmare!
Luckily, we’re here to guide you on the ins and outs of equity release, as you deserve only the best.
However, it’s important to remember that not all plans are suited to each individual. You need to look for one that will serve your home, your lifestyle, and the reason why you’re considering equity release in the first place.
As leading experts in the field, we’ve delved into hours of research, unpacked all the equity release plans on the market (we’ve reviewed over 250 schemes!), and discovered the best in the business.
- We'll provide detailed information about the Capital Choice Plus scheme.
- We’ll help you assess whether this plan could be right for you and your family.
- We'll explain how low the current interest rates are for the Capital Choice Plus product.
Let’s find out!
Who Are More 2 Life?
Scheme Background
Are you 55+ and craving more flexibility in equity release lending? Choose More2Life equity release, the lending specialists that offer a range of bespoke lifetime mortgage deals to homeowners over the age of 55.
As the specialist lending arm of Key Retirement, More2Life uses external funding models to offer a range of lifetime mortgage plans, including the Tailored Choice and Flexi Choice plans.
Their Capital Choice Equity Release scheme is a Drawdown Lifetime Mortgage plan which aims to provide a low-interest rate, yet higher loan-to-value ratios.
What’s more, the Capital Choice Drawdown Plan provides a greater level of flexibility than the simpler Capital Choice Lump Sum version. With this being a drawdown scheme, a flexible cash facility is provided which enables the homeowner to access future funds, as and when required.
Eligibility & Requirements
The More 2 Life Capital Choice Plus is available for applicants age 55-84 years old.
Single vs Joint
ERC exemption within three years of the death/admission into long-term care of first borrower in joint cases.
Scheme Features
New LTVs start at 23% for those aged 55, increasing to 52% for borrower aged 84.
Loans available from £10,000 – £1.5m on either a lump sum or drawdown option.
Downsizing protection after an initial period of five years.
Scheme Options
Loans available from £10,000 – £1.5m on either a lump sum or drawdown option.
Repayment Options
Partial repayment options from day one.
Inheritance Protection
Inheritance protection of up to 50% on lump sum products.
More 2 Life's Other Equity Release Schemes
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How Much Can You Release? 👇
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