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Is Leeds Building Society Equity Release the best in the market?

Leeds BS Equity Release

  • Release cash from your home with Leeds Building Society Equity Release
  • No monthly payments
  • Use the money for home improvements
  • Still, have a mortgage? No problems
  • Continue to stay in your house for as long as you like

Equity release loan to value?

You can get 60% of your property’s valuation. As an example, if your home is worth £220000 you can borrow £132000.

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • Please enter a number from 50000 to 10000000.

Concise Finance Customer Reviews

david-p-london

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.

RIO

Mrs Shaw from Lancaster

I had an interest-only mortgage with Birmingham Midshires. The mortgage had come to the end of its term and they wanted the £127000 back I still owed them. My lifetime mortgage saved me from losing my home and the rate was close to what I paid before.

RIO

Sophie G from Aberdeen

The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.

RIO

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.

RIO

Mr Williamson from Chiswick

My son is a chef in a care home. He is not well paid. No way his bank would lend him the money to buy a flat. My equity release enabled him to put a substantial deposit down so his mortgage was very small. My equity release interest rate was close to his interest rate offered by his bank.

RIO

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.

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

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London House Finance

Do Leeds Building Society do Lifetime Mortgages?

Yes, Leeds Building Society does lifetime mortgages at 2.08% APRC. Leeds Building Society Lifetime Mortgages have a LTV of 55%.

South West London Home

It’s usual to discover people searching for lump sum lifetime mortgages, lumpsum lifetime mortgages or home reversion schemes, however, Sunlife Plans like VitalityLife Equity Release are keen to see paperwork to show your situation in the form of investment statements.

Nationwide Lifetime Mortgage Drawdown Scheme

Does Leeds Building Society offer Equity Release Under 55?

Yes, Leeds Building Society Equity Release Under 55 is 2.3% APR.

Equity Release LTV

The more elderly you are and the more serious your illnesses you are the more cash you can release.

Canada Life Lifetime Mortgages

Popular retirement finance offerings are TSB mortgages for 60 year olds, HSBC mortgages for pensioners, Post Office later life interest only mortgages over 70, Legal & General interest only lifetime mortgages and Nationwide mortgages for over 60s.

Legal and General

Does Leeds Building Society offer Retirement Mortgages?

Yes, Leeds Building Society Retirement Mortgages are 1.94% APRC.

Pure Retirement

Popular loan to value percentages of Lloyds interest only lifetime mortgages for people over 60, HSBC RIO mortgages over 75, Natwest interest only mortgages for over 60s near London, Legal and General equity release plans for people over 60, RBS mortgages for over 50 year olds and Nationwide lifetime mortgages for over 60s are 50%, 55% and 65%.

Just Equity Release

Popular loan to value percentages of Liverpool Victoria retirement interest only mortgages over 75, More 2 Life lifetime mortgages for people over 55, OneFamily interest only mortgages for over 60s, YBS later life interest only mortgages over 60, Principality Building Society later life interest only mortgages over 70 and Axa pensioner mortgages over 70s are 50%, 60% and 65%.

Canada Life

Popular loan to value percentages of Aviva interest only mortgages for over 60s, Shepherds Friendly mortgages for people 60 plus, Leeds Building Society RIO mortgages over 75, Skipton Building Society help to buy for over 60s, Newcastle Building Society mortgages for over 65 and National Counties Building Society interest only mortgages for people over 60 are 50%, 55% and 65%.

Canada LIfe - Interest Select Gold Flexi

Hard to finance property variants include homes requiring essential repairs, properties where tenants live in a self-contained part of the property, right to buy – properties in England, Wales and Northern Ireland, crofted houses and properties where the borrower(s) own the freehold with any connected party.

Legal & General Home Finance lifetime mortgage

Hard to mortgage home variants can include Timber-framed properties constructed post-1965, properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, steel frame/clad properties built before 1990, studio flats outside the M25 and privately developed flats in blocks of three or four storeys without a lift.

Legal & General - Flexible Pink

Tough to mortgage property variants can include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, use of the land and any outbuildings for a small amount of personal commercial use., properties using rooms, land or outbuildings for business purposes which are not personal to the borrower(s) or which extend to more than 50% of the property to be secured and properties in coastal areas that may be affected by erosion.

Hodge Lifetime lifetime mortgage

Do Leeds Building Society do Pensioner Mortgages?

Yes, Leeds Building Society Pensioner Mortgages are 2.26% MER.

Successful business owners who could benefit from equity release tax planning

  • Renting of videotapes and disks Alton
  • Test drilling and boring Leigh-on-Sea
  • Manufacture of prepared meals and dishes Pateley Bridge
  • Floor and wall covering Paignton
  • Activities of racehorse owners Ferndown
  • Sea and coastal passenger water transport Whitehill
  • Reproduction of sound recording Alnwick
  • Manufacture of engines and turbines, except aircraft, vehicle and cycle engines Ormskirk
  • Manufacture of other furniture Barnard Castle
  • Activities of conference organisers Hemsworth
  • Other activities of employment placement agencies Stroud
  • Wholesale of machinery for the textile industry and of sewing and knitting machines Burford
  • Sports and recreation education Moreton-in-Marsh
  • Manufacture of wiring devices Kington
  • Printing of newspapers Chagford
  • Lead, zinc and tin production Egremont
  • Renting and leasing of air passenger transport equipment Steyning
  • Processing and preserving of meat Finchley

 

Does Leeds Building Society offer Equity Release?

Yes, Leeds Building Society Equity Release is 2.02% MER.

Challenging to mortgage home variants can include properties built on contaminated land, high service charges – properties where the Service Charge per annum at the time of application is more than 2% of the property value, properties where there are boundary disputes or where planning applications have not been applied for correctly, corrugated iron construction and missing planning permission or building regulations approval.

Downsides of Lifetime Mortgages

Monthly payment equity release can reduce the inheritance for your family. Monthly payment equity release may impact entitlements to benefits. You may need to pay a legal fee and you could be exposed to changes in interest rates with some products.

 

What are Leeds Building Society rates for equity release?

Leeds Building Society rates for equity release are 1.97% APR.

  • Aviva Lifetime Mortgages for Pensioners
  • Canada Life Lifestyle Lite Flexi
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • More2Life Tailored Choice Plan
  • Stonehaven Interest Select Plan
  • Nationwide Equity Release Schemes
  • TSB Equity Release
  • Royal Bank of Scotland Lifetime Mortgage
  • Bridgewater Equity Release Plans
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • Liverpool Victoria LV Equity Release Plans
  • Stonehaven Interest Select Plan
  • Saga home reversion plan
  • Aviva Lifetime Mortgage
  • L&G Legal & General Flexible Lifetime Mortgage
  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement Equity Release Schemes
  • Lloyds Bank Equity Release Plans
  • NatWest Equity Release Schemes
  • Saga Equity Release Schemes
  • Canada Life Lifetime Mortgage
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • Saga Lifetime Mortgage

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat with share of freehold and if the resident is an Owner Occupier.

Nationwide Lifetime Mortgage Fixed Rate

Does Leeds Building Society have favourable reviews for equity release?

Yes, Leeds Building Society reviews are commendable for equity release.

 

Equity Release LTV Percentages

  • 55% monthly payment lifetime mortgage Maximum cover Equity Release
  • 50% loan to value (LTV) monthly payment lifetime mortgage 1st Stop Home Loans
  • 30% loan to value monthly payment lifetime mortgage Beverley
  • 35% loan to value home reversion schemes Crown
  • 35% loan to value lumpsum lifetime mortgages West One

 

Towns in the UK where retirement mortgages are common

  • Droitwich Spa
  • Sturminster Newton
  • Minster
  • Westbury
  • Bungay
  • Royal Leamington Spa
  • Bedford
  • Princes Risborough
  • Wednesbury
  • Southall
  • Holbeach
  • Eccles
  • Newton Aycliffe
  • Caistor
  • Stocksbridge
  • Stamford
  • Holsworthy
  • Fleetwood
  • St Helens
  • Newlyn
  • Hessle
  • Swanage

 

Equity Release UK Lenders – Leeds Building Society Equity Release

  • Age Partnership
  • Bridgewater
  • Key Retirement
  • Leeds Building Society Equity Release

Leeds Building Society Product name: Retirement Interest-Only Capital repayment or interest-only? Interest-only. Two, three and five-year fixed-rates available. Minimum property value: £50,000. Minimum/Maximum loan sum: £27,500/£1.25m. Maximum LTV: 55%. Minimum/Maximum age at application: 55/80. Minimum income: none, though you’ll need to be able to prove you can afford the interest payments. Overpayments: up to ten per cent per year without early repayment charges (ERCs). How is the loan repaid? When you die or move into care and the property is sold.