The Pure Retirement Lump Sum equity release plan has been developed to create Pure's own niche in the initial transaction itself by way of reducing, in some cases negating, the net set up costs of an equity release application. For homeowners looking for the maximum lifetime mortgage possible, this methodology helps to squeeze the maximum NET release of equity by limiting set up costs, thus maximising the cash amount available on completion.
This Pure Retirement Lump Sum scheme provides a one-off tax-free cash lump sum for immediate use and spend as the homeowner wishes. Pure Retirement aim to not only provide the highest maximum loan-to-value's, but also the lowest set-up costs thus potentially creating the largest net equity release sum in the hands of the homeowner.
The Max Drawdown plan offered by Pure Retirement comes with a lifetime fixed equity release interest rate. As no payments are required on this mortgage, this has the effect of providing a guarantee as to the future balance of the Pure plan.
A generous free valuation on properties upto £1m in value. For properties valued above this figure, contact Equity Release Supermarket on 0800 802 1051.
Pure Retirement are members of the Equity Release Council, thus all plans have a no-negative equity guarantee built into the product. Therefore, following the eventual sale of the property upon death or long term care, the beneficiaries cannot be left with any personal debt owing to the equity release company.