Release-tax free equity from your house with Cheshire Building Society Equity Release
No need to make monthly payments
Help your family to buy a house
Stay living in your own house for as long as you like
Can be a vehicle to reduce tax bills

How much can I release?

You can borrow 60% of your property’s value. For example, if your house is valued at £220000 you can borrow £132000.

Free No Obligation Quote
How Much Would You Like Borrow/Release?*
Please enter a number from 3000 to 2000000000.
Value of your property*
Please enter a number from 30000 to 100000000.
Approximate outstanding mortgage you have on your property (if applicable)
Leave blank if no mortgage outstanding
About You
Name*
First Last
First Line Of Your Address:*
Your Postcode:*
Date of Birth*
Your Email Address:*
Phone Number*

Recently completed mortgage, equity release and lifetime mortgage cases

Mrs G from Leeds

My daughter is a single mother, and I got a £120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.

Mrs L from Nottingham

I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years the money went to him for his share of the house. I am happy now as I am secure, and I do not need to move from my home.

Ms G from Dover

I divorced my husband who was a violent alcoholic. I really feared losing my home as I sometimes look after my daughter’s children. Equity release enabled me to pay off my ex and stay secure in my home.

Ms T from Hammersmith

My husband recently died leaving me with a mortgage I could not afford to pay. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, kitchen, and roof repair.

Mrs E from London

My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.

Mrs M from Birmingham

With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. The money released went to my daughter for her wedding and deposit for her next house. She wanted a family, and her flat was too small.

Julia A

My mother has dementia. With my solicitor and my power of attorney, I got equity release on my mother’s house to pay for specialist modifications for her comfort.

Free No Obligation Quote
How Much Money Would You To Like Raise?*
Please enter a number from 4000 to 20000000.
Estimated Value Of Your Property?*
Approximate outstanding mortgage you have on your property (if applicable)
Leave blank if no mortgage outstanding
About You
Name*
First Last
Phone*
Date of Birth*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

Challenging to mortgage home variants can include properties will be assessed for flood risk, ground rent where the lease or any deed varying the lease provides for a ground rent exceeding, or where the escalating provisions would result in the ground rent exceeding £250 per annum (or £1000 per annum where the property is in Greater London), some properties with sitting tenants or regulated tenancies, mundic homes and missing planning permission or building regulations approval.

Equity Release LTV Percentages similar to Cheshire Building Society Equity Release

50% monthly payment equity release The Exeter Equity Release
25% LTV monthly payment life time mortgage Platform Mainstream
25% loan to value (LTV) lump sum lifetime mortgages Prestige Finance
55% loan to value interest-only lifetime mortgages Together Money

Tough to finance home titles include properties with outbuildings used for normal domestic purposes (garage, workshop, stables, barn etc), properties with flying or creeping freehold which comprises 15% or less of the total floor area, properties without direct access to an adopted highway or which are accessed over an unmade road, properties that are being used for personal commercial use and properties with mobile phone masts which are within influencing distance of the house.

Areas where Cheshire Building Society Equity Release is popular

Syston
Shepton Mallet
Chorleywood
Blackburn
Haxby
Stanhope
Lydney
Cleator Moor
Corringham
Staveley
Diss
Stowmarket
Dereham
Barnard Castle
Farnham

Retired small business owners that may be interested in Cheshire Building Society Equity Release

Construction of railways and underground railways Bishops Castle
Retail sale of books in specialised stores Malvern
Manufacture of bearings, gears, gearing and driving elements Barnet
Wholesale of sugar and chocolate and sugar confectionery Salcombe
Manufacture of electricity distribution and control apparatus Kington
Event catering activities Letchworth Garden City

Canada Life Equity Release Plans
Just Retirement Equity Release
Cheshire Building Society Equity Release
Bridgewater Equity Release
Just Retirement Equity Release Plans
Pure Retirement Equity Release
Saga Equity Release Plans
Liverpool Victoria LV Equity Release Schemes
Royal Bank of Scotland Lifetime Mortgage
Age Partnership Equity Release Schemes
Canada Life Lifestyle Lite Flexi
Hodge Lifetime Flexible Voluntary Repayment Plan
Pure Retirement Lifetime Mortgage
Stonehaven Interest Only Lifetime Mortgage
HSBC Lifetime Mortgage
Lloyds Bank Equity Release Schemes
Royal Bank of Scotland Equity Release Schemes
More 2 Life Capital Choice Plus Plan

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an AST Tenant.

Downsides of Cheshire Building Society Equity Release

Lumpsum lifetime mortgages can reduce the value of your estate. Monthly payment Cheshire Building Society Equity Release may impact the ability to get state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

It is very regular to discover people seeking out monthly payment equity release, monthly payment lifetime mortgage or home reversion schemes, however, Key Retirement like The Exeter Equity Release are keen to see evidence of your personal situation in the form of pension statements.

Hard to finance home types can include properties with post 1945 asbestos or similar composition roof tiles, properties with pre 1945 asbestos or similar composition roof tiles, privately developed flats, maximum four storeys with a lift, privately developed flats in blocks of two storeys without a lift and basement or lower ground floor flats without level access to private or communal garden space.

Hard to mortgage home types include homes requiring essential repairs, properties where letting arrangement where the tenancy agreement is not appropriate, feuhold/freehold properties (including flats) in Scotland, commonhold properties and properties with single skin brickwork.

Common loan to value percentages of Virgin Money interest only mortgages for over 60s, Shepherds Friendly mortgages for over 70s, Sainsbury’s retirement interest only mortgages over 60, Skipton Building Society retirement mortgages over 65, Newcastle Building Society mortgages for over 70s and Cumberland Building Society equity release schemes for people over 70 are 35%, 60% and 70%.

Popular loan to value ratios of Liverpool Victoria mortgages for over 60s, More to Life mortgages for 60 plus pensioners, OneFamily help to buy for over 60s, YBS mortgages over 70s, Principality Building Society later life interest only mortgages over 75 and Axa equity release schemes for people over 70 are 50%, 55% and 70%.

How much is it common to release from a home

The more aged you are and the sicker you are the more cash you can release.

Common LTV percentages of Lloyds over 60 lifetime mortgages no fees, Barclays interest only lifetime mortgages for over 70s, NatWest mortgages for over 70s, L&G interest only mortgages for over 60s, Royal Bank of Scotland mortgages for 60 plus pensioners and Nationwide later life borrowing schemes over 55 are 35%, 60% and 65%.

UK Lenders similar to Cheshire Building Society Equity Release

Key Retirement
Step Change
the Telegraph

Aviva Retirement Mortgages

Pure Retirement Mortgages
Equity Release Calculator Under 55

Just

Popular pensioner mortgage products include Lloyds Bank interest only mortgages for over 60s near London, Barclays pensioner mortgages, NatWest mortgages for 60 year olds, Legal & General retirement mortgages and Nationwide pensioner mortgages.

Sorting by