ALL ABOUT STONEHAVEN INTEREST SELECT PLAN

This is an interest only  lifetime mortgage that uses your requirements to provide you with favorable equity release schemes with some of the best interest rates that suits every person’s needs. It is totally genuine, secure and is regulated by FSA. The Stonehaven Interest Select Plan allows its beneficiaries to pay constant monthly payments of interests for the whole of their lives and end up with constant original mortgage balance.

There is also another type of the Stonehaven Interest select plan mostly used by pensioners and allows them pay tax free cash without monthly payments. There are many pensioners and lawn defaulters who will find this scheme of great help. The Stonehaven equity release provides complete financial control and a great flexibility and this makes it fit ever money-conscious individual. It is also only provided by qualified equity release providers.

Addition of interests to plans often causes the increase of balancing with time. This is counteracted by Stonehaven equity scheme as it always provide a level balance. It is very helpful in protection of inheritances. The payments which are made every month have no limit of person’s payments. It can be paid by the children themselves as a way of protecting their inheritances or by the parents. For those who have no interest in the roll up nature of many equity release schemes, this is the better option to use.

The Stonehaven equity release scheme provides repayments only in cases of early deaths or when the property is sold. This means that it has no definite term and that is why it is called interest-only lifetime mortgage. With the Stonehaven equity release, people are able to know their inheritances. You can pay a minimum of 25 pounds every month or as well opt for making the whole payment of the charged interest.

The interest rate offered by Stonehaven is fixed throughout a person’s lifetime and this provides security to people in that the fluctuations of the banks’ interest rates have no effect to your inheritance. Another great benefit that comes with this scheme is the ability to stop monthly payments if you experience difficult economic times and cannot manage to make the payments. All these make Stonehaven equity release a favorite mortgage option for many people.