|
Due to the ongoing difficulties in the wholesale banking and the mortgage markets, S.H.I.P. has temporarily withdrawn its Lifetime Mortgage products from the Irish market.
|
|
|
|
This of course will have no impact on our existing customers who will continue to be serviced as before.
|
 |
|
We expect to be in a position to reintroduce the products when normal credit conditions return and the current “credit crunch” problems have been resolved.
|
|
|
If you have any queries, please contact the client executive team on 1890 60 70 80 or email info@shipireland.ie
|
|
|
Thank you
|
|
| Are you 55 or over and looking to release some of the value that has built up in your home? |
|
| You can do this by taking out a Lifetime Mortgage from S.H.I.P. Unlike a standard mortgage, with a Lifetime Mortgage there are no monthly repayments to be made. What simply happens is that the interest on the loan accumulates over the life of the loan. See “How it Works” |
|
| You can use the money as you wish: lifestyle enhancement, travel, retirement funding, assisting family members to purchase property, buying a holiday home or simply having cash at hand for a rainy day. |
|
| Our customers all have one thing in common – they wish to raise a lump sum but also want to continue to live in their existing home for the rest of their lives. Our Lifetime Mortgage allows you to do just that. |
|
| When you bought your first home, you probably borrowed to get on the "property ladder". In other words you used "money to get property". S.H.I.P.’s Lifetime Mortgage works in reverse in that now you can use some of the significant value built up in your property to generate cash, or use "property to get money". |
|
