Over A Million Retirees Have Outstanding Mortgages

Updated: Dec 8, 2020

A report by LV= shows that over a million retirees will have outstanding mortgages when it comes to their turn to retire.

This is a huge amount of money to find and will certainly be a determining factor of when people choose to retire.

The Pension reforms will certainly help some people find a way to pay off this debt, but will this help the majority?

Speaking to independent advisers such as Viva Retirement Solutions could help you, your friends or your clients find an answer that suits them.

When taking into account the whole picture for each client, Equity Release and Lifetime Mortgage could be a viable solution to help them when they need it the most.

1 view0 comments



A lifetime mortgage is a long term commitment which could accumulate interest and is secured against your home.   

Equity release is not right for everyone and may reduce the value of your estate

Equity Release Council

Our fee for arranging a Lifetime mortgage is £750 payable only on completion. 

Research has shown that some companies charge over £1,500 or 1.95% of the loan, whatever is greater, for this service including a letter of suitability. 

Viva Retirement Solutions is a trading name of Viva Retirement Ltd and is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is regulated by the Financial Conduct Authority.

Registered Office: 4 Severnvale, London Colney, St Albans, Herts, AL2 1TE

Registered Company Number: 10756078 Registered in England & Wales

© 2021 Viva Retirement Solutions