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Papilio UK Equity Release Mortgages - Lifetime Plans Originally From Northern Rock.

Are you with Papilio UK? Chances are you could benefit from switching to another provider.

Common questions about Northern Rock:

The full company details are: Papilio UK Equity Release Mortgages Limited. They are registered in England and Wales with company number 07687338. Papilio's registered office is 35 Great St Helen's, London, EC3A 6AP. Papilio's trading office is also at that address.

Papilio have very little contact with equity release brokers like us and so we urge you to contact us if you have a Northern Rock Lifetime Mortgage currently held with Papilio as we are confident we will be able to help you secure a more favourable plan with a lender such as Aviva, LV= or Just Retirement.

Can you switch from Papilio?

If you would like to switch from your Papilio Lifetime Mortgage then please call us on 0800 652 2955 to see how much could be available.

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What happens after I use the calculator?

  • Once you have the correct figures and have read through our guide you could be ready for the next step which could be meeting or having a conversation with one of our financial advisers. Our financial advisers will lay the plans out in black-and-white, providing an illustration of exactly how much you can receive and what the costs will be.
    Our initial consultations are free, relaxed and carry no-obligation to proceed.
  • If you feel equity release is for you, our advisers will advise you on the best plan that fits your needs & priorities. From here, we would look to arrange an independent valuation on the property.
    We have offers from the major lenders where a valuation can be offered free of charge (ask us about these).
  • Once the valuation has been carried out, an offer will be instructed. You will need to visit a solicitor to discuss the offer before signing. If you don't have a solicitor we would be happy to put you in touch with a solicitor well versed in Lifetime Mortgage conveyancing.
  • Once you have seen the solicitor and signed the documents, they will conduct their conveyancing work and you will receive a cheque in 2 weeks upwards.
    Our record here is 9 days from application completion but we always say allow 4 plus weeks.

Why choose a home visit?

We'd like to discuss with you the features and savings of the different plans that we have extensively sourced and negotiated on your behalf.

You'll be in the comfort of your home, explaining to a relaxed, mature, qualified adviser what you would like to achieve. Unlike our competitors, we will bring personalised quotes on the first visit so your priorities, goals and ambitions can be matched with sound, detailed advice on how you can achieve them.

  • For your peace of mind in what is an important decision, we go further than our competitors. All advice we provide benefits from a second opinion from another one of our expert advisers. They will be sent the facts to look through, discuss the proposed solution and sign off the advice.
    That way, you get twice the experience at the same cost and without any time or cost requirements to see more than one person.
  • Our knowledgeable, qualified specialists offer expert advice you can trust.
    They answer your most probing questions about future downsizing or care plans, the impact on inheritance, taxation and state benefits.
  • You'll then be free to make the right decision based on high quality equity release advice and lots of clear information.
    If you decide to proceed, you can arrange another free visit to help you with the paperwork.
  • We only ever charge for all of this should you complete a plan and we don't expect payment until you receive your money. If you decide it's not right for you, we won't charge you a thing for our time.
    It's an industry we're proud of and we want you to know all about it.