Sorting by

×

Find out if Progressive Equity Release is a good deal for you.

Progressive Building Society Equity Release

  • No need to make monthly payments
  • Help your family with the cash you release
  • Continue to live in your own home for as long as you like

How much cash can I get?

You can get 60% of your home’s value. For example, if your home is worth £180000 you can borrow £108000.

  • Your Requirements

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

Home equity Tied Up
Home equity Tied Up
Homeowner in their 60s
Under 65 Home owner
Putney Home

  • Your Requirements

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

  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

Canada Life Mortgages

Hodge Lifetime Retirement Mortgages

Legal and General Lifetime Mortgages

More2Life Drawdown Lifetime Mortgages

One Family

Pure Retirement Drawdown Lifetime Mortgages

LV Drawdown Lifetime Mortgages

Canada Life Lifetime Mortgages

Lenders for UK Equity Release

  • the Telegraph
  • Crown
  • the Telegraph
  • Santander

The 1st and 2nd charge lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is a Private Tenant.

It is usual to encounter people seeking out lump sum lifetime mortgages, monthly payment lifetime mortgage or home reversion schemes, however, Key Solutions like Zurich are keen to see proof of your personal situation in the form of pension statements.

Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges

Tough to mortgage property variants can include rentcharges properties with a high estate rentcharge, leasehold properties with a short lease, typically less than 70 years, or a defective lease, properties where there are boundary disputes or where planning applications have not been applied for correctly, thatched buildings and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

Does Progressive Building Society have good reviews for equity release?

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

Legal & General - Flexible Blue

Tough to mortgage home variants can include flats of less than 30 square metres in any location, properties with flying or creeping freehold which comprises 15% or less of the total floor area, properties without direct access to an adopted highway or which are accessed over an unmade road, properties with mobile phone masts which are not within influencing distance of the house 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.

OneFamily lifetime mortgage

Difficult to mortgage property types include properties with post 1945 asbestos or similar composition roof tiles, timber framed properties built between 1920 and 1965, steel frame/clad properties built before 1990, freehold/feuhold flats (Scotland only) and privately developed flats in blocks of three or four storeys without a lift.

Just lifetime mortgage

Equity Release LTV Percentages

  • 60% lump sum lifetime mortgages VitalityLife Equity Release
  • 25% loan to value lump sum lifetime mortgages Evolution Money
  • 40% LTV monthly payment lifetime mortgage More to Life

Difficult to finance home variants can include homes requiring essential repairs, entirely tenanted properties, leasehold properties (England, Wales, Northern Ireland) subject to a lease length of 160 years, properties which are made up of multiple titles and properties with owned solar panels.

What are Progressive Building Society rates for equity release?

Progressive Building Society rates for equity release are 1.9% MER.

 

Small business owners detail likely with equity to release

  • Machining North Petherton
  • Wholesale of other fuels and related products Newport
  • Manufacture of wine from grape Cramlington
  • Advertising agencies Redcar
  • Repair of personal and household goods n e c Swanscombe and Greenhithe
  • Production of meat and poultry meat products Sleaford
  • The building of ships and floating structures Chipping Norton
  • Manufacture of prepared meals and dishes Torpoint
  • Physical well-being activities Peacehaven
  • Manufacture of other chemical products n e c Hebden Royd
  • Wholesale of watches and jewellery Bideford
  • Manufacture of machinery for food, beverage and tobacco processing Higham Ferrers
  • Life insurance Aylsham
  • Manufacture of machinery for paper and paperboard production Burnham-on-Sea
  • Retail sale in non-specialised stores with food, beverages or tobacco predominating Clare
  • Primary education Burton Latimer
  • Manufacture of steam generators, except central heating hot water boilers Witham
  • Activities of exhibition and fair organisers Chester-le-Street

 

Some of the most common loan to value percentage ratios of Virgin Money interest only mortgages for over 60s near London, Direct Line lifetime mortgages for people over 55, Sainsburys retirement mortgages over 70, Principality Building Society interest only lifetime mortgages for people over 60, Nottingham Building Society pensioner mortgages over 70s and Cumberland Building Society retirement interest only mortgages over 60 are 50%, 55% and 70%.

Does Progressive Building Society offer Equity Release?

Yes, Progressive Building Society Equity Release is 2.29% APRC.

Pitfalls of Home Reversion Schemes

Home reversion plans can reduce the value of your estate. A monthly payment lifetime mortgage may impact the ability to get state benefits. You may need to pay an advisor’s fee and you could have higher rates to pay with some schemes.

 

Common loan to values of LV= interest only lifetime mortgages for people over 60, More2Life interest only mortgages for people over 60, One Family mortgages for 60 year olds, Yorkshire Building Society retirement interest only mortgages over 60, Principality Building Society over 60 lifetime mortgages no fees and Axa mortgages for over 60s are 50%, 55% and 70%.

Do Progressive Building Society do Pensioner Mortgages?

Yes, Progressive Building Society Pensioner Mortgages are 2.25% APRC.

Equity Release LTV

The more aged you are and the more illnesses you have you are the more money you can release.

  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • Hodge Equity Release Schemes
  • Stonehaven Lifetime Mortgage
  • Nationwide Equity Release Schemes
  • Lloyds Bank Equity Release Plans
  • Aviva Lifetime Mortgages
  • More2Life Tailored Choice Plan
  • Just retirement defined benefit
  • Stonehaven Equity Release Plan
  • NatWest Interest Only Lifetime Mortgage
  • Aviva Lifetime Mortgage
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • More 2 Life Tailored Choice Plan
  • Nationwide Equity Release Schemes
  • Aviva Lifestyle Flexible Option
  • Canada Life Lifetime Mortgages
  • Hodge Lifetime Mortgage Flexible Drawdown Plan
  • L&G Legal & General Flexible Max Scheme
  • Liverpool Victoria LV Equity Release Schemes
  • More2Life Capital Choice Plan
  • Pure Retirement Equity Release Plans
  • Stonehaven Equity Release Scheme
  • Lloyds Bank Equity Release
  • Royal Bank of Scotland Equity Release

 

Popular LTV percentages of Lloyds mortgages for people 60 plus, Barclays retirement mortgages over 60, Post Office over 60 lifetime mortgages no fees, Legal and General mortgages for people over 50, Royal Bank of Scotland lifetime mortgages for over 60s and Nationwide BS RIO mortgages over 75 are 45%, 60% and 70%.

Does Progressive Building Society offer Retirement Mortgages?

Yes, Progressive Building Society Retirement Mortgages are 2.3% MER.

Towns where equity release is routine

  • Westbury
  • Wickham
  • Brough
  • Todmorden
  • Chingford
  • Stocksbridge
  • Witham
  • Bude-Stratton
  • Leyland
  • Seaford
  • Heathfield
  • Altrincham
  • Burnley
  • Chippenham
  • Minchinhampton
  • Polegate

Does Progressive Building Society offer Equity Release Under 55?

Yes, Progressive Building Society Equity Release Under 55 is 2.27% MER.

Some of the most popular pensioner finance products include Lloyds later life borrowing schemes, Barclays Bank retirement interest only mortgages, Halifax interest-only mortgages for people over 70, Legal & General over 60 lifetime mortgages and Nationwide BS retirement interest only mortgages.

Do Progressive Building Society do Lifetime Mortgages?

Yes, Progressive Building Society do lifetime mortgages at 1.98% APRC. Progressive Building Society Lifetime Mortgages have a loan to value of 55%.