Discover the benefits of Newbury Equity Release for UK property

  • newbury building societyRelease money from your home
  • Not necessary to make regular monthly payments
  • Use the money you release for anything you like
  • Continue to live in your own house
  • Your Requirements

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

Concise Finance Customer Reviews

mr-g

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.

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

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.
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 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.

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
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Money tied up in home

Wandsworth Family Home
London House Finance
Money tied up in house

Towns where Lifetime Mortgages are routine

  • Charlbury
  • Bollington
  • Rye
  • Berkeley
  • Hawes
  • Malton
  • Southwick
  • Ventnor
  • Horncastle
  • Broseley
  • Bulwell
  • Woburn Sands
  • Wolverton and Greenleys
  • Ilfracombe
  • Ottery St Mary
  • Sevenoaks

 

Equity Release LTV

  • 50% home reversion schemes Royal London Equity Release
  • 30% loan to value monthly payment lifetime mortgage Evolution Money

 

  • Liverpool Victoria LV Equity Release Plans
  • Pure Retirement Equity Release Plans
  • Saga Lifetime Mortgage
  • More to Life Capital Choice Plus Plan
  • Pure Retirement Equity Release
  • Stonehaven Interest Only Lifetime Mortgage
  • Aviva Lifetime Mortgages for Pensioners
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Canada Life Equity Release Plans
  • Nationwide Interest Only Lifetime Mortgage
  • Lloyds Bank Lifetime Mortgage
  • TSB Lifetime Interest Only Mortgage
  • Royal Bank of Scotland Equity Release
  • Canada Life Second Home Voluntary Select Plan
  • Just retirement equity release key features
  • More2Life Tailored Choice Plan
  • Stonehaven Equity Release Scheme
  • TSB Equity Release Schemes
  • Royal Bank of Scotland Equity Release Plans
  • Saga home reversion plan
  • More 2 Life Capital Choice Plus Plan

 

Downsides of Interest Only Lifetime Mortgages

Lumpsum lifetime mortgages can reduce your estate value. Home reversion schemes may impact entitlements to benefits. You may need to pay a solicitor’s fee and you could have higher rates to pay with some schemes.

Equity release is common among business owners like below

  • Manufacture of locks and hinges South Shields
  • Operation of warehousing and storage facilities for air transport activities Horsham
  • Retail sale via stalls and markets of food, beverages and tobacco products Beckenham
  • Manufacture of other men’s outerwear Maidenhead
  • Renting and leasing of cars and light motor vehicles Stockport
  • Manufacture of other builders’ carpentry and joinery Helston
  • Other passenger land transport Brandon
  • Post-harvest crop activities Wymondham
  • Sale of other motor vehicles Wellington
  • Activities of conference organisers Sprowston
  • Retail sale of sports goods, fishing gear, camping goods, boats and bicycles Amble
  • Support activities for other mining and quarrying Stroud
  • Roofing activities Crewe
  • Retail sale via stalls and markets of textiles, clothing and footwear Crawley
  • Production of coffee and coffee substitutes Wareham
  • Other amusement and recreation activities n e c Wallasey
  • Recovery of sorted materials South Brent
  • Activities of construction holding companies Clun

Hodge Lifetime Mortgages

One Family Retirement Mortgages

Canada Life Retirement Mortgages

 

 

How much is it common to release from a home

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

Just Retirement - Roll-Up Lifetime Mortgage

More2Life - Tailored Choice Plan

more 2 life lifetime mortgage

Premier Flexible Black

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

UK Lenders for Equity Release

  • Age Partnership
  • Santander
  • Key Retirement
  • AIG Life

Santander Lifetime Mortgage Buy To Let

It is usual to discover people seeking out lump sum lifetime mortgages, monthly payment life time mortgage or home reversion plans, however, Aviva like AIG Life are keen to see evidence of your personal situation in the form of investment statements.

Santander Lifetime Mortgage Broker


Newbury Building Society Product name: Retirement Interest-Only 5-Year Discount Capital repayment or interest-only? Interest-only. Minimum property value: £125,000. Minimum/Maximum loan sum: £50,000 (or £40,000 for those with existing Newbury loans)/£500,000. Maximum LTV: 50%. Minimum/Maximum age at application: 60/90. Minimum income: £30,000. Overpayments: fee-free overpayments of up to 20% per year allowed in the first three years. For payments above that, 3% ERCs apply during the first year, dropping to 2% in year two and 1% in year three. Unlimited fee-free overpayments allowed after three years. How is the loan repaid? When you die or move into care and the property is sold.