We offer our Impaired Life Property Plan options to homeowners aged 65 and over, suffering from any of the following conditions:
- Heart disease (excluding raised blood pressure)
- Diabetes that requires insulin treatment
- Stroke or paralysis
- Longstanding breathing problems (excluding asthma)
- Circulatory disease
- Liver disease that requires long-term treatment
- Longstanding obesity
- Hepatitis C or HIV infection
Here are some examples for you to see how much you could receive
HarryHarry is 71 and owns a property worth £200,000. Harry had a stroke two years ago. He has diabetes treated with insulin and a significant heart disease. He wants to raise the maximum amount available.
Property Plan | Monthly Equity Transfer Rate | Amount | Maximum Level of Retirement Plus Share (99.9%) reached after: |
Classic Property Plan | 0.54% | £95,440 | 11 years and 6 months |
Impaired Life | 0.59% | £113,200 | 8 years and 1 month |
Higher Release Property | 0.80% | £98,560 | 7 years and 5 months |
Higher Release | 0.85% | £116,880 | 5 years and 4 months |
Jenny aged 71 and John aged 73 own a property worth £300,000. John is healthy but Jenny has diabetes, raised blood pressure and is overweight. She also has a history of angina. They want to retain 50% of their property as a protected share.
Property Plan | Monthly Equity Transfer Rate | Amount | Maximum Level of Retirement Plus Share (99.9%) reached after: |
Classic Property Plan | 0.54% | £59,639 | 14 years and 4 months |
Impaired Life | 0.59% | £66,825 | 11 years and 6 month |
Higher Release Property | 0.80% | £61,349 | 9 years and 5 months |
Higher Release | 0.85% | £68,745 | 7 years and 9 months |
You must ask your financial adviser for an illustration.
Retirement Plus is not able to offer you an illustration direct - neither are you able to use our calculator to find a quote. Please ask your financial adviser to obtain an illustration.
