| Ref |
24 |
| Plan Name |
Orchard Cash Plan |
| Plan Type |
Home Reversion |
| Min Percent Loan To Value |
50% |
| APR |
7.4% |
| Min Cash Sum to Value |
£10,000 |
| Max Percent Loan To Value |
90% |
| Max Cash Sum To Value |
£250,000 |
| Minimum Male Age |
65 |
| Minimum Female Age |
65 |
| Minimum Joint Age |
130 |
| Lump Sum |
Yes |
| Regular Income |
No |
| Life Cover |
No |
| Further ER Advances |
No |
| SHIP Member |
Yes |
| No Negative Equity Guarantee |
Yes |
| Medical Required |
No |
| Ex Council Property |
No |
| Location |
England Wales Scotland
|
| Minimum Property Value |
£75,000 |
| Minimum Length of Lease |
80 years |
| Property Condition |
Well Maintained |
| Property Type |
House |
| Property Status |
Freehold |
| Existing Mortgage |
No |
| Conditional Property Insurance |
No |
| Security of Tenure |
No |
| Minimum Income Requirement |
No |
| Income Linked to Property Value |
No |
| Plan Income Protection |
No |
| Incentives |
Yes, Refund of survey fees, searches paid for, early leaver bonus, help with moving costs, free buildings insurance. |
| Fees |
| Arrangement |
 |
No |
| Discharge |
|
No |
| Legal |
|
No |
| Valuation |
|
No |
| Early Repayment |
|
No |
| Other |
|
No |
|
| Loan Repayment Options |
No |
| Is Plan Portable |
Yes |
| Available From |
Direct, IFA |
| Other |
|
| Plan Details Date |
Sep 2007 |
