UK Santander lifetime mortgage deals

interest only lifetime mortgage santander

  • Remove tax-free equity from your property
  • Not necessary to make regular monthly payments, or you can just pay interest
  • Use the money for anything you like
  • Stay living in your own house

Lowest rate 2.39% variable new as of January 2020, with fixed rates as low as 2.96%.

No fees, just a simple valuation of your home/property.

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
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nationwide interest only lifetime mortgage


West London Home
santander retirement mortgages
santander lifetime mortgage

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https://www.santanderprivatebanking.com/
Santander lifetime mortgage
santander interest only mortgage rates

Santander UK plc. Registered Office: 2 Triton Square, Regent’s Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. Santander and the flame logo are registered trademarks.

  • Bridgewater Lifetime Mortgage
  • Just Retirement Interest Only Lifetime Mortgage
  • L&G Legal & General Flexible Max Plus
  • Pure Retirement Equity Release Plans
  • Stonehaven Lifetime Mortgage
  • TSB Equity Release Plans
  • Bridgewater Lifetime Mortgage
  • Santander retirement mortgages
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Pure Retirement Lifetime Mortgage
  • Lloyds Bank Lifetime Mortgage
  • Nationwide Equity Release
  • HSBC Interest Only Lifetime Mortgage
  • Royal Bank of Scotland Interest Only Lifetime Mortgage
  • Age Partnership Equity Release Schemes
  • Canada Life Voluntary Select Gold
  • More2Life Capital Choice Plus Plan
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement Lifetime Mortgage
  • Lloyds Bank Equity Release
  • More 2 Life Flexi Choice Voluntary Payment Super Lite

Interest only lifetime mortgage Santander

If you don’t want roll up compounded interest, an interest-only lifetime mortgage from the Santander at a very low rate can be an excellent idea.

What percentage can be released in 2020?

Santander lifetime mortgage options can be some of the most flexible products available.

  • 50% lump sum lifetime mortgages Royal London Equity Release
  • 60% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Paragon Personal Finance
  • 50% loan to value (LTV) home reversion plans Norton Finance
  • 30% loan to value monthly payment equity release Buckinghamshire Building Society
  • UK Santander retirement mortgages can be a very low-cost route to releasing equity from your home

What percentage can be released?

The older you are and the more serious your illnesses you are, the more tax-free cash you can release.

Lloyds Lifetime Mortgage No Payments
Equity Release Providers

  • Sunlife Plans
  • Stepchange
  • the Telegraph
  • Bridgewater

Pure Retirement - Classic Lite

Areas in the UK where Santander retirement mortgages are common in 2020

  • Highworth
  • Horsforth
  • Thornaby-on-Tees
  • Bridgnorth
  • Bruton
  • Halifax
  • Cleckheaton
  • Grassington
  • Chester-le-Street
  • Twickenham
  • Billingham
  • Billingham
  • Guisborough
  • Blackrod
  • Sherborne
  • Carterton
  • Bishops Waltham

It is common to encounter people searching for lump sum lifetime mortgages, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Santander like Royal London Equity Release are keen to see evidence of your situation in the form of bank statements.

Pure Retirement Retirement Mortgages
Crown Retirement Mortgages
More2Life
More2Life - Capital Choice Plus Plan
Aviva - Lifestyle Flexible Option

Examples of retired business owners likely to have equity to release for estate planning and reducing tax bills

  • Manufacture of other games and toys, n e c Sleaford
  • Retail sale of newspapers and stationery in specialised stores Stanley
  • Manufacture of cider and other fruit wines St Neots
  • Finishing of textiles Romsey
  • Activities of real estate investment trust Peacehaven
  • Medical nursing home activities Wilmslow
  • Manufacture of other general-purpose machinery n e c Ealing
  • Plumbing, heat and air-conditioning installation Morpeth
  • Fire service activities Silloth
  • Other telecommunications activities West Tilbury
  • Media representation services Somerton
  • Financial leasing Skelton-in-Cleveland
  • Manufacture of office and shop furniture Widnes
  • Manufacture of doors and windows of metal Ashburton
  • Research and experimental development on social sciences and humanities Tavistock
  • Raising of poultry Prudhoe
  • Removal services Watford
  • Manufacture of machinery for paper and paperboard production Brandon
  • Aviva lifetime mortgage

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is a Private Tenant.  Plan for your inheritance tax bills and don’t give your money to the Marxists.
Lloyds Lifetime Mortgage Buy To Let

Drawbacks of Equity Release Plans in 2020

Monthly payment equity release can reduce the value of your estate. Lumpsum lifetime mortgages may impact the ability to claim entitlements. You may need to pay a broker’s fee, and you could have higher rates to pay with some schemes.

Interest-only lifetime mortgage Santander in 2020

Pay just the interest in the money you borrow from Santander, with an interest-only lifetime mortgage with no hidden fees or penalties.

Santander UK plc. Registered Office: 2 Triton Square, Regent’s Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.

Some lenders offer retirement mortgages that rely on personal income to may repayments.