Pure Retirement Sovereign Elite Drawdown A
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Pure Retirement Sovereign Elite Drawdown A Review
Sovereign Elite Drawdown A Key Details
- £600 Cashback
- Free Valuation
- Fixed Early Repayment Charges
- 9.5% Maximum LTV
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 Pure Retirement Sovereign Elite Drawdown A, equity release scheme the best?
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What’s Equity Release?
We’ve summed up the most important information about the topic in this quick video.
Who Are Pure Retirement?
Pure Retirement, a lifetime mortgage lender and a leader in the retirement lending market for homeowners aged 55+.
Formed in 2014, Pure Retirements’ wealth of experience helped form its equity release plans both in the higher maximum loan part of the market and the lower competitive interest rate end.
Pure Retirement also aims to minimize set-up costs using cashback & fee waivers on their drawdown and lump sum lifetime mortgage plans. This makes the Pure Retirement Classic range of plans one of the lowest interest rate and application cost-to-market equity release schemes available.
Pure Retirement Classic Range
The Pure Retirement Classic range of drawdown lifetime mortgage plans are funded by Rothesay Life – a leading UK life insurer. There are many versions of the Classic Drawdown plans – the Lite and Midi. The plans only differ in the size of the loans they will provide at certain ages and the consequent interest rate that Pure Retirement applies.
Classic Drawdown Equity Release Plans
Their Classic Drawdown Equity Release Plans provide an initial capital lump sum, which aims to offer a more competitive interest rate than its industry colleagues. Combining balance control measures with their flexible 10% partial repayment facility, along with competitive lifetime mortgage interest rate, Pure Retirement aims to offer this drawdown equity release scheme to a wider generic audience of retirees.
Eligibility & Requirements
This equity release plan from Pure Retirement is available to a maximum of two applicants on a single and joint life basis.
Pure Retirement's Other Equity Release Schemes
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