Scottish Building Society equity release rates and criteria

• Release cash from your house with the Scottish Building Society’s equity release
• You don’t need to make regular monthly payments
• Use the money for a motorhome or a new car
• Still have some mortgage outstanding? No problems
• Stay living in your own home for as long as you like
• Often used to help with tax planning
• 5.07%

How much cash can I get?

You can achieve 70% of your property’s value. For example, if your house is valued at £240,000, you can borrow £168,000.

Mrs L from Nottingham
I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years, the money went to him for his share of the house.

I am happy now as I am secure and do not need to move from home.

Mrs G from Leeds
My daughter is a single mother, and I got a £ 120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.

Mrs E from London
I was advised to take out an equity release on 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.

Mrs Daly from Glasgow
My daughter lives in the States and does not have health insurance. My £ 30,000 lifetime mortgage paid the medical bills for her son’s birth and a year’s rent in advance for a new flat for the baby.

Mr G from Kent
I took out an interest-only lifetime mortgage and gave my sons £100,000 each to put down as a deposit on a home. My money allowed them to get an excellent mortgage deal, especially for one of their poorly paid sons.

David P

With my power of attorney, I got an equity release on my father’s house to pay for disability provisions, including a lift and a new kitchen.

Julia A
My mother has dementia. With my solicitor and my power of attorney, I arranged an equity release on my mother’s house to pay for specialist modifications to improve her comfort.

Equity Release Loan To Value similar to the Scottish Building Society equity release

• 55% monthly payment life time mortgage Aegon
• 60% loan to value interest-only lifetime mortgages Key Solutions
• 30% LTV home reversion plans Coventry Building Society-Godiva
• 50% loan to value (LTV) home reversion plans Bower
• 35% loan to value (LTV) lump sum lifetime mortgages Santander
• 30% loan to value (LTV) monthly payment lifetime mortgage Spring Finance
• 60% LTV monthly payment life time mortgage Paragon Personal Finance
• 30% loan to value home reversion plans Bank of Ireland

Providers for Equity Release

• Key Retirement
• Bridgewater
• Age Partnership
• Royal London Equity Release

It’s often found to find people seeking out monthly payment lifetime mortgages, lump sum lifetime mortgages or interest-only lifetime mortgages; however, Key Retirement, like LV Liverpool Victoria, are keen to see evidence of your personal circumstances in the form of bank statements.

Small business owners will likely have equity to be released from their homes.

• Manufacture of photographic and cinematographic equipment, Corsham
• Manufacture of non-electronic measuring, testing etc equipment, not for industrial process control Moretonhampstead
• Plant propagation Chester-le-Street
• Manufacture of veneer sheets and wood-based panels, Winchelsea
• Taxi operation in Hingham
• Manufacture of oils and fats Nelson
• Museum activities Sturminster Newton
• Wholesale of meat and meat products in Watford
• Hotels and similar accommodation in Maghull
• Other passenger land transport in Stonehouse
• Repair of household appliances and home and garden equipment in Malvern
• Other letting and operating of own or leased real estate in Somerton
• Manufacture of articles of fur, Chulmleigh
• Farm Animal Boarding and Care in Cheshunt
• Joinery installation Ventnor
• Manufacture of bread; manufacture of fresh pastry goods and cakes, Colchester
• Wholesale of flowers and plants in Frodsham
• Non-specialised wholesale of food, beverages and tobacco, Nailsea

Tough-to-finance home titles include properties with outbuildings used for everyday domestic purposes (garage, workshop, stables, barn etc), 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 where Japanese Knotweed is present.

Scottish Building Society equity release schemes related to lenders

• Nationwide mortgages for over 60s Retirement Mortgages Interest Only
• Nationwide Pensioner Mortgage Broker
• Purchase Mortgage Rates 2025
• Best Mortgages For Over 50s Retirement Mortgage
• Natwest Retirement Mortgage
• Equity Release Northern Ireland Interest Rate
• Bath Building Society Equity Release Rates 2025

• Rbs Retirement Mortgage Interest Rate
• Overhead Power Supply To House
• Lg Over 75 Mortgage
• Dudley Building Society
• Cambridge Building Society Huntingdon
• Santander Over 75 Mortgage
• Key Advice: Lifetime Interest Only Mortgage Interest Rates
• Bank Of Scotland Equity Release Rates 2025
• Sunlife Lifetime Pensioner Mortgage
• Mortgages For Pensioners Over 70

• Post Office Over 75 Mortgage
• Annexes or Two Kitchens Whitehaven
• Joint Ownership Retirement Mortgage
• Beverley Bs Equity Release Age
• Derbyshire Bs
• Flying Freehold Mortgage Lenders
• Melton Mowbray Building Society Pensioner Mortgage
• Market Harborough Building Society Pensioner Mortgage
• Cheshire Building Society Equity Release Comparison
• Santander Mortgage Annexe
• Age Partnership Comparison
• Skipton Building Society Over 65 Mortgage
• Nationwide Equity Release Retirement
• Flat Above Shop Equity Release
• Mortgages For Over 55s
• Darlington Building Society Interest Rates
• Natwest Lifetime Mortgage Advisers
• Just Retirement Interest Only Lifetime Mortgage
• Equity Release Under 40 Interest Rate
• Nationwide Over 55 Mortgage
• Steel Framed Houses UK
• Canada Life UK Lifetime Mortgage Interest Only
• Yorkshire Bank Over 55 Mortgage
• Best Mortgages For Over 50s Pensioner Mortgage Calculator
• Mortgage Over 60
• Scottish Building Society Pensioner Mortgage Calculator
• Equity Release Mortgage Property With Over 15 Acres
• Land Lifetime Mortgage
• Hinckley & Rugby Building Society Equity Loan
• Natwest Equity Release Plans
• National Counties Family Building Society Interest-Only Mortgage
• Freeing Up Equity In Your Home
• Yorkshire Building Society Interest-Only Lifetime Mortgage
• Liverpool Victoria Equity Release Home
• Furness Building Society Lifetime Mortgage

How much is it common to release from a home with Scottish Building Society equity release

The older you are and the more illnesses you have, the more tax-free money you can release.

• Just Retirement Equity Release
• L&G Legal & General Flexible Max Scheme
• More to Life Capital Choice Plus Plan
• Stonehaven Equity Release Scheme
• TSB Lifetime Interest Only Mortgage
• More to Life Tailored Choice Plan
• Saga Equity Release Plans
• Age Partnership Equity Release
• Bridgewater Equity Release Schemes
• NatWest Lifetime Mortgage
• More to Life Capital Choice Plus Plan
• Nationwide Interest Only Lifetime Mortgage
• Lloyds Bank Equity Release Plans
• Hodge Lifetime Flexible Voluntary Repayment Plan
• Just Retirement Drawdown Lifetime Mortgage
• Nationwide Equity Release Schemes

Just Equity Release

LV Mortgages

Towns where the Scottish Building Society equity release is popular

• Castleford
• Devizes
• Belper
• Bletchley and Fenny Stratford
• Thetford
• Leigh
• Sutton
• Norton-on-Derwent
• Midhurst
• Leigh-on-Sea
• Bollington
• Bideford
• Dover
• Guisborough
• Desborough
• Tipton
• Dawley
• Brandon
• Tottenham
• Silsden

Some of the most popular LTV percentages of Lloyds lifetime mortgages for people over 55, Barclays Bank mortgages for people over 50, Post Office interest only lifetime mortgages for over 70s, L&G equity release schemes for people over 70, RBS over 60 lifetime mortgages and Nationwide Building Society mortgages over 65 are 50%, 55% and 65%.

The 1st and 2nd charge lender Scottish Building Society equity release will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.

Drawbacks of Scottish Building Society Equity Release Plans

Home reversion plans can reduce your estate value. Scottish Building Society equity release may impact entitlements to state benefits. You may need to pay a solicitor’s fee, and with some products, you could be exposed to changes in interest rates.

Release Equity In House Under 55

Scottish Building Society Product name: Retirement Interest-Only Mortgage Capital repayment or interest-only? Interest-only. Minimum property value: none. Minimum/Maximum loan sum: £30,000/£300,000.

Maximum loan size of 4.5x annual income if applying alone or 3.5x joint income if applying as a couple. Maximum LTV: 50%. Minimum/Maximum age at application: 60 Minimum, no max.

Minimum income: none, though you’ll need to be able to prove you can afford the interest payments. Overpayments: up to ten per cent per year without early repayment charges (ERCs).

How is the loan repaid? When you die or move into care, the property is sold, or when you sell for another reason.

Many of the most appealing retirement mortgage products include Lloyds mortgages for over 60s, retirement interest only mortgages, Halifax later life interest only mortgages, Legal & General interest only mortgages for over 60s and Nationwide BS mortgages for 60 plus pensioners.