Just J2 (2022)

Just J2 Schemes Review
Contributors: Nicola Date, Katherine Read. Edited by Rachel Wait & Reviewed by Francis Hui
Are You Considering the J2 Schemes? What are the Eligibility Requirements, Features, Interest Rates & Scheme Options? Discover If These Equity Release Plans Are For You.

As experts in our field, we discuss the following in this article:

    I think you’ll agree with me when I say:

    It’s REALLY hard to choose the best equity release scheme with all the choices available.

    Or is it?

    Is the Just J2 equity release schemes the best?

    Don’t let your equity release dream become a nightmare!

    Luckily, we’re here to guide you on the ins and outs of equity release, as you deserve only the best.

    However, it’s important to remember that not all plans are suited to each individual. You need to look for one that will serve your home, your lifestyle, and the reason why you’re considering equity release in the first place.

    As leading experts in the field, we’ve delved into hours of research, unpacked all the equity release plans on the market (we’ve reviewed over 250 schemes!), and discovered the best in the business.

    Could the Just J2 be the right equity release plans for you?

    We’re here to help you:

    • We’ll provide detailed information about the J2 schemes.
    • We’ll help you assess whether this plan could be right for you and your family.
    • We’ll explain how low the current interest rates are for the J2 products.

    Just Retirement is one of the leading equity release providers on the market and might just be the answer you’ve been looking for.

    Can you truly go wrong with Just Retirement?

    Let’s find out!

    Before You Start Reading….

    Let’s See How Much You Can Release 👇

     

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    What’s Equity Release?

    An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care.

    Who Are Just Retirement?

    They have a strong social mission and are a lighthouse in the financial services industry. Just also offers products and services that assist clients in living a better later life, and believes that financial intermediaries are best positioned to assist people with the decisions they must make in order to do so.

    Here’s a range of Just equity release plans you can choose from.

    Just J2 Schemes Background

    With Just Retirement you’ll gain the advantage from choosing an established lifetime mortgage lender with a strong presence in the post retirement marketplace.

    More than providing retirement income via annuities, Just Retirement also lends money in the form of equity release schemes through their own equity release funding model. And, beyond lending they are a funder to other equity release companies.

    Just Retirement lets you enjoy traditional roll-up lifetime mortgages ranging from drawdown, lump sum and interest only lifetime mortgages to enhanced lifetime mortgage plans.

    Their lifetime mortgage plan gives you the chance to custom design your own equity release scheme. For example, you could create a drawdown facility which will provide access to extra cash withdrawals in the future, if required.

    Or benefit from one plan that can integrate multiple features which can be individually selected based on your requirements. There are five loan-to-value tiers, each of which will determine the level of borrowing available and the interest rate charged.

    With this and more, Just Retirement has proved its strength in the increasingly competitive lifetime mortgage marketplace.

    Before You Start Reading….

    Let’s See How Much You Can Release 👇

     

    Equity Release Calculator

    Value of Your Home?

    50000

    Drag me

    100% Secure & Fast

    It’s VERY FAST, takes just 8 seconds

    Just J2 Schemes Review & Comparison

    Just J2 Drawdown Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    DrawdownFixed3.1%3.15%37.2%None
    Drawdown (2% Cashback)Fixed3.3%3.35%37.2%2%
    Drawdown (4% Cashback)Fixed3.5%3.56%37.2%4%
    Drawdown (5% Cashback)Fixed3.6%3.66%37.2%5%

    Just J2 Lump Sum Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    Lump SumFixed3.25%3.1%37.2%None
    Lump Sum (2% Cashback)Fixed3.25%3.3%37.2%2%
    Lump Sum (4% Cashback)Fixed3.45%3.51%37.2%4%
    Lump Sum (5% Cashback)Fixed3.55%3.61%37.2%5%

    Just J2 Interest Servicing 100% Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    Interest Servicing 100% DrawdownFixed2.9% 2.94%37.2%None
    Interest Servicing 100% Drawdown (2% Cashback)Fixed3.1%3.15%37.2%2%
    Interest Servicing 100% Drawdown (4% Cashback)Fixed3.3% 3.35%37.2%4%
    Interest Servicing 100% Drawdown (5% Cashback)Fixed3.4% 3.46%37.2%5%
    Interest Servicing 100% Lump SumFixed2.85% 2.89%37.2%None
    Interest Servicing 100% Lump Sum (2% Cashback)Fixed3.05% 3.1%37.2%2%
    Interest Servicing 100% Lump Sum (4% Cashback)Fixed3.25% 3.3%37.2%4%
    Interest Servicing 100% Lump Sum (5% Cashback)Fixed3.35% 3.41%37.2%5%

    Just J2 Interest Servicing 75% Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    Interest Servicing 75% DrawdownFixed2.9% 2.94%37.2%None
    Interest Servicing 75% Drawdown (2% Cashback)Fixed3.1% 3.15%37.2%2%
    Interest Servicing 75% Drawdown (4% Cashback)Fixed3.3% 3.35%37.2%4%
    Interest Servicing 75% Drawdown (5% Cashback)Fixed3.4% 3.46%37.2%5%
    Interest Servicing 75% Lump SumFixed2.85% 2.89%37.2%None
    Interest Servicing 75% Lump Sum (2% Cashback)Fixed3.05% 3.1%37.2%2%
    Interest Servicing 75% Lump Sum (4% Cashback)Fixed3.25% 3.3%37.2%4%
    Interest Servicing 75% Lump Sum (5% Cashback)Fixed3.35% 3.41%37.2%5%

    Just J2 Interest Servicing 50% Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    Interest Servicing 50% DrawdownFixed2.9% 2.94%37.2%None
    Interest Servicing 50% Drawdown (2% Cashback)Fixed3.1% 3.15%37.2%2%
    Interest Servicing 50% Drawdown (4% Cashback)Fixed3.3% 3.35%37.2%4%
    Interest Servicing 50% Drawdown (5% Cashback)Fixed3.4% 3.46%37.2%5%
    Interest Servicing 50% Lump SumFixed2.85% 2.89%37.2%None
    Interest Servicing 50% Lump Sum (2% Cashback)Fixed3.05% 3.1%37.2%2%
    Interest Servicing 50% Lump Sum (4% Cashback)Fixed3.25% 3.3%37.2%4%
    Interest Servicing 50% Lump Sum (5% Cashback)Fixed3.35% 3.41%37.2%5%

    Just J2 Interest Servicing 25% Schemes

    SchemeTypeRateA monthly interest rate is simply how much interest you would be charged in one month.APRThe Annual Percentage Rate (APR) includes not only the interest expense on the loan but also all fees and other costs involved in procuring the loan.Max LTVLenders use the loan-to-value ratio as a risk indicator when determining the size of a loan they will approve.CashbackThe cash amount paid to borrowers upon completion in addition to the loan amount, increasing the maximum funds available.
    Interest Servicing 25% DrawdownFixed3.1% 3.15%37.2%None
    Interest Servicing 25% Drawdown (2% Cashback)Fixed3.3% 3.35%37.2%2%
    Interest Servicing 25% Drawdown (4% Cashback)Fixed3.5% 3.56%37.2%4%
    Interest Servicing 25% Drawdown (5% Cashback)Fixed3.6% 3.66%37.2%5%
    Interest Servicing 25% Lump SumFixed3.05% 3.1%37.2%None
    Interest Servicing 25% Lump Sum (2% Cashback)Fixed3.25% 3.3%37.2%2%
    Interest Servicing 25% Lump Sum (4% Cashback)Fixed3.45% 3.51%37.2%4%
    Interest Servicing 25% Lump Sum (5% Cashback)Fixed3.55% 3.61%37.2%5%

    Eligibility & Requirements

    This equity release plans from Just are available to a maximum of two applicants on a single and joint life basis.

    Just Retirement’s Other Equity Release Schemes

    Are you looking for a specific equity release scheme?

    These are some of the schemes offered by Just Retirement.

    Before You Go…

    Use the FREE Calculator Below 👇

     

    Equity Release Calculator

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    Editorial Note: This content has been independently collected by the EveryInvestor team and is offered on a non-advised basis. EveryInvestor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.