Remove tax-free equity from your property with Cumberland Building Society Equity Release
No regular monthly repayments
Free valuation
Use the money to help your family buy their first home
Stay living in your own home for as long as you like

How much cash can I borrow?

You can get 65% of your home’s value. For example, if your home is valued at £320000 you can borrow £208000.

Cumberland Building Society Equity Release can offer the lowest available rates for people with certain circumstances.

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Customer Reviews

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.

David P

With my power of attorney, I got equity release on my father’s house to pay for disability provisions including a lift and a new kitchen.

Mr Smith from Kendal

My financial advisor told me that I should get equity release and gift money to my 5 children now as it would save a massive amount of inheritance tax.

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.

William from London

I was told by my lawyer my inheritance tax bill would be around £250,000. I got a lifetime mortgage to give money to my son and daughter so they could buy bigger homes and we bought a house in the south of France for us all to use as a holiday home.

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.

Free No Obligation Quote
How Much Money Would You To Like Raise?*
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Estimated Value Of Your Property?*
Approximate outstanding mortgage you have on your property (if applicable)
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About You
Name*
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Phone*
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First Line Of Your Address:*
Your Postcode:*
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Do The Cumberland do Lifetime Mortgages?

Yes, The Cumberland does lifetime mortgages at 2.14% MER. The Cumberland Lifetime Mortgages have a LTV of 75%.

Disadvantages of Cumberland Building Society Equity Release

Do The Cumberland do Equity Release Under 55?

Yes, The Cumberland Equity Release Under 55 is 2.13% MER.

A monthly payment lifetime mortgage can reduce the inheritance for your family. Home reversion schemes may impact the ability to get state benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.

Towns where Cumberland Building Society Mortgages are routine

Mere
Rugeley
Banbury
Skegness
Bedford
Corby
Burford
Littlehampton
Lydd
Havant
Boston

Do The Cumberland do Retirement Mortgages?

Yes, The Cumberland Retirement Mortgages are 2.11% APR.

Hodge Lifetime Mortgages

Challenging to finance home titles include properties built on contaminated land, properties close to mining works, areas of landfill, areas of recent flooding or subsidence, properties where there are boundary disputes or where planning applications have not been applied for correctly, asbestos construction and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.

Does The Cumberland offer Pensioner Mortgages?

Yes, The Cumberland Pensioner Mortgages are 2.07% MER.

Legal and General Mortgages

Pure Retirement

Cumberland Building Society Equity Release

The 1st and 2nd charge lender Cumberland Building Society Mortgages will want to know if the property is a Freehold house or a Leasehold house and if the resident is a Private Tenant.

Does The Cumberland offer Equity Release?

Yes, The Cumberland Equity Release is 2.12% APR.

Equity Release UK Lenders similar to Cumberland Building Society Equity Release

Bower
One Family
Key Retirement
Cumberland Building Society Mortgages

Challenging to finance home titles can include flats of less than 30 square metres in any location, properties with a large number/scale of outbuildings, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties where Japanese Knotweed is present.

Examples of small business owners with Cumberland Building Society Equity Release

Research and experimental development on social sciences and humanities Poynton-with-Worth
Activities of property unit trust Newlyn
Manufacture of railway locomotives and rolling stock Brightlingsea
Retail sale of hardware, paints, and glass in specialized stores Sleaford

Difficult to finance home variants include properties with post 1945 asbestos or similar composition roof tiles, properties with pre 1945 asbestos or similar composition roof tiles, large concrete panel systems, coach houses i.e. freehold properties with garages beneath and properties where the flat is accessed via a deck or balcony.

Does Cumberland Building Society offer Equity Release?

Yes, Cumberland Building Society Equity Release is 2.16% APR.

Equity Release LTV Percentages similar Cumberland Building Society Equity Release

55% lumpsum lifetime mortgages Royal London Equity Release
30% LTV monthly payment equity release Evolution Money
50% loan to value home reversion schemes Together Money
30% LTV home reversion schemes Lloyds Bank
55% loan to value lifetime mortgage with flexible drawdown cash release the Telegraph
30% LTV home reversion plans Spring Finance
60% loan to value (LTV) home reversion schemes Equifinance
45% LTV monthly payment lifetime mortgage Blemain
30% loan to value lumpsum lifetime mortgages BlueZest

It’s usual to discover individuals looking for monthly payment lifetime mortgage, monthly payment lifetime mortgage or home reversion schemes, however, Aviva like Fortify Insurance Solutions are keen to see proof of your personal circumstances in the form of bank statements.

Does Cumberland Building Society offer Pensioner Mortgages?

Yes, Cumberland Building Society Pensioner Mortgages are 1.85% APRC.

What percentage can be released?

The more elderly you are and the more illnesses you have you are the more tax-free cash you can release.

Hard to finance home types can include poorly maintained at the time of the valuation inspection, age-restricted properties, freehold houses and bungalows (England, Wales, Northern Ireland), crofted houses and freehold flats (England, Wales, Northern Ireland).

Some of the most popular LTV percentages of Aviva interest only lifetime mortgages for over 60s, Zurich interest only mortgages for over 60s, Leeds Building Society RIO mortgages over 75, Principality Building Society pensioner mortgages over 55, Nottingham Building Society interest only lifetime mortgages for over 60s and Cumberland Building Society equity release plans for people over 60 are 45%, 55% and 70%.

Does Cumberland Building Society offer Retirement Mortgages?

Yes, Cumberland Building Society Retirement Mortgages are 2.15% MER.

Some of the most common LTV percentages of LVE mortgages for pensioners over 60, More to Life interest only mortgages for over 60s, OneFamily mortgages over 70s, Yorkshire Bank mortgages for 60 plus, Principality Building Society later life interest only mortgages over 75 and Axa interest only mortgages for people over 70 are 40%, 60% and 65%.

Common loan to value percentage ratios of Lloyds Bank lifetime mortgages for over 60s, Barclays mortgages for people 60 plus, NatWest later life interest only mortgages over 75, L&G lifetime mortgages for over 55s, Bank of Scotland RIO mortgages over 75 and Nationwide Building Society interest only mortgages for over 60s near London are 45%, 60% and 70%.

Does Cumberland Building Society offer Equity Release Under 55?

Yes, Cumberland Building Society Equity Release Under 55 is 2.28% APR.

Stonehaven Equity Release Scheme
HSBC Interest Only Lifetime Mortgage
Lloyds Bank Lifetime Mortgage
Royal Bank of Scotland Equity Release
Saga home reversion plan
Age Partnership Equity Release Schemes
Aviva Lifetime Mortgage
Pure Retirement Lifetime Mortgage
Stonehaven Lifetime Mortgage
Lloyds Bank Equity Release Schemes
TSB Lifetime Interest Only Mortgage
Saga Lifetime Mortgage
More 2 Life Capital Choice Plus Plan
Pure Retirement Equity Release
Age Partnership Equity Release Schemes
Bridgewater Equity Release
More to Life Capital Choice Plan
HSBC Equity Release Schemes
NatWest Equity Release

Common retirement mortgage products include Lloyds Bank mortgages for over 50 year olds, Barclays Bank help to buy for over 60s, Halifax over 60 lifetime mortgages, Legal & General lifetime mortgages and Nationwide help to buy for over 60s.

Does Cumberland Building Society offer Lifetime Mortgages?

Yes, Cumberland Building Society do lifetime mortgages at 2.16% APRC. Cumberland Building Society Lifetime Mortgages have a loan to value (ltv) of 65%.

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