YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

A Lifetime Mortgage will reduce the value of your estate and may affect your entitlement to means-tested benefits and tax status.

The impact of not servicing monthly interest payments on a Lifetime Mortgage
is that the outstanding debt can grow rapidly, thus reducing the value of your
estate.

For example, if the interest rate was 7% a year, a £50,000 loan would double to
£100,000 after 10 years assuming no repayments are made.

This is an example for illustrative purposes only and personalised advice and
recommendations should be sought from a qualified professional. You are
strongly advised to register a lasting power of attorney. This will allow your
affairs to be managed by somebody else if your mental abilities significantly
decline.

Customer Privacy Notice Download HERE

Complaints Procedure     Download HERE

Elsby Associates Ltd is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advance Mortgage Funding Limited is authorised and regulated by the Financial Conduct Authority.

The guidance and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK.

Please be aware that by clicking onto external links / submitting your information to Elsby Associates you are leaving the Elsby Associates Limited website. Please note that Elsby Associates Limited and PRIMIS Mortgage Network are only responsible for the accuracy of specific information contained.

Registered office address - Elsby Associates Limited, Westmill House, Marsh Parade, Newcastle, Staffordshire, England, ST5 1BT

Registered in England and Wales 

Registration number - 11232168

Mortgage Broker in Stoke on Trent - Mortgage Advice Staffordshire - Mortgage Advisor in Newcastle-under-Lyme 

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