4.78% Nationwide Equity Release and Lifetime Mortgages for 2026
Release money from your home or purchase a new home
New 4.78% APRC fixed for life with Equity Release Nationwide
Release up to 50% of your home’s value
No advisor fees
No product fees
Make no monthly repayments or make payments towards some or all of the interest – the choice is yours.
Continue to live in your own home for as long as you like with a Nationwide Lifetime Mortgage
You will never owe more than the value of your home when it is sold after you die or move into permanent residential care.
Rates of 2.78% APRC fixed for life.
Testimonials and Example Cases
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.
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.
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 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.
Mr G from Kent
I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.
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.
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.
Mrs E from London
I was advised to get equity release from my East London home to minimise inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low it was close to their mortgage rate.
What percentage can be released without mortgage payments – Equity Release Nationwide?
60% interest-only flexible max plus Zurich
45% loan to value (LTV) lump sum Nationwide Lifetime Mortgage
25% LTV monthly payment equity release Central Trust
40% loan to value monthly payment interest payments LV retirement capital
30% loan to value interest-only lifetime mortgages HSBC Direct
Drawbacks of Home Reversion Schemes – Nationwide Building Society Equity Release a better option?
Lump sum lifetime mortgages can reduce the value of your estate. A monthly payment lifetime mortgage may impact the ability to claim entitlements. You may need to pay a valuation fee, and some products are subject to changes in interest rates. An equity release calculator can help you work out what money you can release with your pension income and work out your tax position. You can use a later life mortgage or a couple of life mortgage consultants to help work out your credit commitments and the impact on your pension income.
Common areas for equity release include the Isle of Man, the Scilly Isles, the Channel Islands and Northern Ireland, all places controlled by the Financial Conduct Authority.
Available to existing mortgage customers and new account holders with any provider’s name or registration number. You can use the loan amount to pay off a credit card with a high interest rate, as long as the product fees are no prohibitory or family members are not able to help out. Always consider the prudential regulation authority, insurance information and repayment charges.
Business owners details likely with equity to release – equity release nationwide scheme
Other residential care activities n e c Southborough
Buying and selling of own real estate Church Stretton
Activities of agricultural holding companies Chesterfield
Manufacture of optical precision instruments Earl Shilton
Motion picture, television and other theatrical casting activities Longridge
Manufacture of homogenised food preparations and dietetic food Halewood
Manufacture of fibre cement Newport Pagnell
Manufacture of metal structures and parts of structures Dukinfield
Manufacture of industrial gases Sutton – bank holidays
Manufacture of builders ware of plastic Kirkby Stephen
Production of motorcycles Middlewich – tax-free
Retail sale of hearing aids Battle and life insurance policies
Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores Sandown
Wholesale of coffee, tea, cocoa and spices Glastonbury – investment customers
Manufacture of consumer electronics Ashton-under-Lyne
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Bridport
Manufacture of communication equipment other than the telegraph, and telephone apparatus and equipment Corringham
Cargo handling for land transport activities Kesgrave
Nationwide Lifetime Mortgage
It is common to find individuals seeking out lump sum lifetime mortgages, monthly payment lifetime mortgages, or lifetime mortgages with flexible drawdown cash release; however, Age Partnership, like equity release nationwide, are keen to see evidence of your situation in the form of bank statements.
UK Lenders similar to Equity Release Nationwide with the financial conduct authority including Nationwide Building Society Equity Release
More2Life and Nationwide Building Society Equity Release
Step Change
Key Retirement
Zurich
Nationwide Building Society Equity Release
Nationwide Building Society Equity Release – likely mortgage holders
Some of the best terms and lowest rates can be offered by the Nationwide Building Society as the risk in the UK property market is considered very low.
Bridgewater Lifetime Mortgage
Just Retirement Interest Only Lifetime Mortgage
L&G Legal & General Flexible Max Plus
Nationwide Building Society Equity Release
Nationwide Equity Release Plans
Nationwide retirement interest-only mortgage
More to Life Flexi Choice Voluntary Payment Super Lite
L&G Legal & General Flexible Max Scheme
Pure Retirement Classic Drawdown Lite Plan – loan customers
Stonehaven Equity Release Plan
Equity Release Nationwide
TSB Equity Release- borrowers
Saga home reversion plan
Absolute Retirement Drawdown Plan
Lloyds Bank Lifetime Mortgage
Saga Lifetime Mortgage
Nationwide Lifetime Mortgage plans
L&G Legal & General Flexible Max Plus
More to Life Flexi Choice Drawdown Lite Plan
Pure Retirement and equity release nationwide
TSB Equity Release
Royal Bank of Scotland Interest Only Lifetime Mortgage
Towns in the UK where retirement mortgages and equity release nationwide schemes are routine
Ludgershall
Bollington
Kirkby Lonsdale
Chipping Campden
Grange-over-Sands
Eastleigh
Snodland
Padstow
Staveley
Darley Dale
Corringham
Bruton
Newent
Tring
Haslingden
Fakenham
Market Weighton
Hexham
Are Nationwide equity release rates the lowest in the marketplace?
For people with certain personal circumstances, they are among the most competitive, yes. Using a equity release nationwide plan could be very cost-effective.
For plans that require a monthly payment, your income details and ability to pay for home maintenance may be important, but you won’t be required to do internet banking.
Equity Release Loan To Value and state benefits potential impacts – Nationwide Lifetime Mortgage
The older you are and the more serious the illnesses you have, the more money you can release.
The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold flat with a share of freehold and if the resident is an Owner Occupier.
Nationwide may be able to offer you some very low-rate equity release options and lifetime mortgage nationwide.
Second-home mortgage nationwide and Nationwide Lifetime Mortgage offerings
Nationwide Head Office address – Swindon Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1NW
Nationwide Administration Centre address – Northampton Nationwide Building Society Kings Park Road Moulton park Northampton NN3 6NW
Portman House Bournemouth Administration Centre Richmond Hill Bournemouth BH2 6EP
Nationwide Building Society Product name: Borrowing in Later Life Capital repayment or interest-only? Both available. Minimum/Maximum property value: none. Minimum/Maximum loan sum: £1,000/£500,000. Maximum LTV: 50%. Minimum/Maximum age at application: 55/85.
Minimum income: none, though you’ll need to prove you can afford the interest payments. Overpayments: allowed, subject to early repayment charges, which reduce over time.
Exact charges are aligned to Nationwide’s prime mortgage range, which varies from 0-7%. How is the loan repaid? Interest-only option repaid when you die or move into care and the property is sold. Capital repayment mortgages will have been repaid by the end of the term. Either can be paid off early through overpayments.
