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1.97% APRC Newcastle Building Society Equity Release

Newcastle Building Society Equity Release

Remove money from your property with Newcastle Building Society Equity Release

    • No monthly repayments
    • Use the money to help your family buy their first home
    • Are you still paying a mortgage? No problems
  • Continue to stay in your house for as long as you like

How much cash can I release?

You can get 70% of your property’s valuation. For example, if your house is worth £320000 you can borrow £224000.

  • Your Requirements

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

Testimonials and Example Cases


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.


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.


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.

  • Your Requirements

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

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Over 55 Home owner
Access home equity
Santander Equity Release On Second Homes

Disadvantages of Equity Release Plans

Monthly payment life time mortgage can reduce the value of your estate. Lump sum lifetime mortgages may impact entitlements to state benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.

How much is it common to release from a home

  • 60% monthly payment lifetime mortgage Old Mutual Wealth
  • 50% loan to value lumpsum lifetime mortgages Sunlife Plans
  • 45% loan to value (LTV) interest-only lifetime mortgages Saga
  • 40% loan to value lumpsum lifetime mortgages Optimum Credit
  • 25% LTV monthly payment equity release State Bank of India

Aviva Mortgages

Pure Retirement Mortgages

It’s common to encounter individuals seeking out lump sum lifetime mortgages, monthly payment life time mortgage or lifetime mortgage with flexible drawdown cash release, however, More to life like LV Liverpool Victoria are keen to see paperwork to show your situation in the form of bank statements.

Some of the most common loan to value ratiosof Virgin Money later life mortgages for over 70s, Zurich mortgages for people 60 plus, Churchill over 60 lifetime mortgages, Principality Building Society mortgages for over 60s, Newcastle Building Society equity release schemes for people over 70 and Progressive Building Society interest only mortgages for people over 60 are 40%, 60% and 70%.

Examples of retired business owners likely to have equity to release

  • Agents involved in the sale of food, beverages and tobacco Crewkerne
  • Removal services Warrington
  • Photocopying, document preparation and other specialised office support activities Ponteland
  • Retail sale of beverages in specialised stores Ipswich
  • First-degree level higher education South Woodham Ferrers
  • Physical well-being activities Hounslow
  • Advertising agencies Holsworthy
  • Financial leasing Pateley Bridge
  • Manufacture of woven or tufted carpets and rugs Knaresborough
  • Television programme production activities North Hykeham
  • Public houses and bars Ventnor
  • Activities of distribution holding companies Winsford
  • Manufacture of machinery for paper and paperboard production Cotgrave
  • Manufacture of other food products n e c Andover
  • Wholesale of wine, beer, spirits and other alcoholic beverages Ashby Woulds
  • Raising of other cattle and buffaloes Eccleshall
  • Performing arts Dronfield
  • Repair of other equipment Enfield

Hard to finance home variants can include properties currently undergoing substantial alterations, extensions or repairs, age restricted properties, right to buy – properties in Scotland, leasehold properties (with the exception of flats and maisonettes) and freehold flats (England, Wales, Northern Ireland).

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

Does Newcastle Building Society offer Lifetime Mortgages?

Yes, Newcastle Building Society do lifetime mortgages at 1.81% APR. Newcastle Building Society Lifetime Mortgages have a loan to value of 75%.

Common loan to value ratios of LVE lifetime mortgages for people over 55, More 2 Life mortgages for pensioners over 60, One Family remortgages for people over 50 years old, Yorkshire Building Society retirement mortgages over 65, Royal London pensioner mortgages over 55 and Axa mortgages for over 50 year olds are 45%, 60% and 70%.

Areas of the UK where equity release is routine

  • Horwich
  • Hemel Hempstead
  • Burford
  • Leiston
  • Ferryhill
  • Tetbury
  • Wimborne Minster
  • Rochester
  • Woburn Sands
  • South Molton
  • Sprowston
  • St Columb Major
  • Bradninch
  • Accrington
  • Winsford
  • Cricklade
  • Thirsk


Equity Release Providers

  • Lifetime Mortgage from L&G
  • Bridgewater
  • Key Retirement
  • Stonehaven Mortgage


Do Newcastle Building Society do Equity Release Under 55?

Yes, Newcastle Building Society Equity Release Under 55 is 1.87% MER.

Difficult to mortgage home types can include pre-fabricated reinforced concrete (PRC), timber framed properties built between 1920 and 1965, properties with minimum floor area of 30 square metres, former local authority flats and basement or lower ground floor flats without level access to private or communal garden space.

  • Bridgewater Equity Release Schemes
  • Canada Life Equity Release Plans
  • Hodge Lifetime Mortgage Plus
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • Liverpool Victoria LV Equity Release
  • TSB Lifetime Interest Only Mortgage
  • Canada Life Interest Select Gold Flexi
  • Pure Retirement Equity Release Schemes
  • Age Partnership Equity Release Schemes
  • More to life Flexi Choice Voluntary Payment Super Lite
  • Nationwide Interest Only Lifetime Mortgage
  • HSBC Equity Release Plans
  • Hodge Indexed Lifetime Mortgage
  • Saga Equity Release Schemes
  • Age Partnership Equity Release Plans

Some of the most popular loan to value ratios of Lloyds Bank interest only lifetime mortgages for people over 60, HSBC retirement interest only mortgages over 75, Halifax equity release schemes for people over 70, L&G RIO mortgages over 75, Royal Bank of Scotland retirement mortgages over 60 and Nationwide BS mortgages for over 70s are 50%, 55% and 70%.


What percentage can be released similar to Newcastle Building Society Equity Release?

The older you are and the unhealthier you are the more tax-free money you can release.

Does Newcastle Building Society offer Retirement Mortgages?

Yes, Newcastle Building Society Retirement Mortgages are 2.19% APRC.

Santander Equity Release Mortgage

Challenging to finance property titles include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties with flying or creeping freehold which comprises 15% or less of the total floor area, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that are being used for personal commercial use and properties adversely affected by existing or proposed issues including roads, rail, airports, power plants, power lines/pylons, wind turbines, sub stations, sewage works, quarries, fuel stations, refuse sites, sports grounds, noise, light or environmental pollution.

Does Newcastle Building Society have favourable reviews for equity release?

Yes, Newcastle Building Society reviews are superb for equity release.

Some of the most popular pensioner mortgage products are Lloyds remortgages for people over 50 years old, Barclays retirement mortgages, Halifax retirement interest only mortgages, Legal & General mortgages for over 65 and Nationwide equity release schemes.


Pure Retirement Ltd lifetime mortgage

Does Newcastle Building Society offer Pensioner Mortgages?

Yes, Newcastle Building Society Pensioner Mortgages are 1.96% MER.

More to life  - Flexi Choice Super Lite

Does Newcastle Building Society offer Equity Release?

Yes, Newcastle Building Society Equity Release is 2.27% MER.

Just Retirement - Roll-Up Lifetime Mortgage


Legal & General - Flexible Blue

What are the current Newcastle Building Society interest rates for equity release?

Newcastle Building Society interest rates for equity release are 2.18% MER.

Challenging to finance property titles 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), property is uninhabitable, cob property and concrete frame.