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Retirement Mortgages Northamptonshire

Pendragon offer straightforward Equity Release advice.Our approach is based on quality rather than quantity; the majority of our business is from existing clients and client referrals.Our motto is Excellence through Knowledge, Service and Integrity, which nicely sums up how we work.

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Retirement Mortgages Northamptonshire

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  1. Retirement Mortgages Northamptonshire Retirement Mortgages Northamptonshire

  2. Pendragon Protect Pendragon is a small mortgage and protection broker. Our approach is based on quality rather than quantity and the vast majority of our current business is from existing clients and client referrals. Our motto is Excellence through Knowledge, Service and Integrity, which nicely sums up how we work. We aim to know more about our products than anyone else, offer holistic advice without any sales pressure and always do what is best for our clients. We have a No Pressure Guarantee Our Philosophy To treat our clients the way we like to be treated. We offer high quality , jargon free advice, to allow our clients to make an informed decision on whether to proceed with our recommendation, or not. By doing this, we aim to build long term relationships with our clients. How we work We take the time to get to know our clients, so that we can ensure that whatever we recommend to you is carefully tailored to meet your specific circumstances. Our recommendation is then explained in plain English, so you fully understand how it fits your needs. Retirement Mortgages Northamptonshire

  3. Life Time Mortgages A lifetime mortgage is when you borrow money that is secured against your home, providing it is your main residence and you are the homeowner. You can still put aside some of the value of your property as an inheritance for your family. When you die or move into long-term care, the home is then sold and the money from the sale is used to pay off the loan. Anything left will go to your beneficiaries. If there is not enough money left from the sale to pay off the mortage, your beneficiaries would left to pay any outstanding debt. Most lifetime mortgages offer a no-negative-equity guarantee (Equity Release Council standard) to guard against the sale of the house not being enough to pay the mortgage. This guarantee means the lender ensures that you (or your beneficiaries) will never have to pay back more than the value of your home. Retirement Mortgages Northamptonshire

  4. Types of Life Time Mortgage: An interest roll-up mortgage. You get a lump sum or are paid a regular amount, and get charged interest which is added to the loan. This means you don't have to make any regular payments. The amount you borrowed, including the rolled-up interest, is repaid at the end of your mortgage term when your home is sold. An interest-paying mortgage. You get a lump sum and make either monthly or ad- hoc payments. This reduces, or stops, the impact of interest roll-up. Some plans also allow you to pay off capital, if you so wish. The amount you borrowed is repaid when your home is sold at the end of your mortgage term. Retirement Mortgages Northamptonshire

  5. For More Information Visit: Retirement Mortgages Northamptonshire Retirement Mortgages Northamptonshire

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