Aviva

Description

Mind Map on Aviva, created by dominic.young on 26/06/2013.
dominic.young
Mind Map by dominic.young, updated more than 1 year ago
dominic.young
Created by dominic.young almost 11 years ago
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Resource summary

Aviva
  1. key facts
    1. one of the only two lends that lend in NI
      1. no max property val and no max age but max release
        1. all flats, can only release 85% of val
          1. offer IHT gaurantee but may have higher interest rate
            1. free valuation when property is worth under 1million
              1. offers cash backs
                1. 500-1000
              2. reserve
                1. 50% of whats available can be in reserve
                  1. £5000 min draw down amount
                  2. when drawing down interest is the fixed at current rates when drawndown
                  3. what happens if you what to repay
                    1. erc is based on gilts max 25%
                    2. age 55 +
                      1. no partial repayments
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