2.21% APR Scottish Building Society equity release schemes

Release cash from your house with Scottish Building Society equity release
You don’t need to make regular monthly payments
Use the money for a motorhome or 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 tax planning

Your Requirements
How Much Would You Like Borrow/Release?*
Please enter a number from 4000 to 200000000.
Value of your property*
Please enter a number from 50000 to 10000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- Conventional Payment Mortgage

About You
Name*
First Last
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree

Date of Birth*
Your Email Address:*
Phone Number*

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 I do not need to move from my 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 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.

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 to be born and a years rent in advance for a new flat for the baby.

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.

David P

With my power of attorney, I got 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 got equity release on my mother’s house to pay for specialist modifications for her comfort.

Equity Release Loan To Value similar to 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 mortgage, 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 detail likely with equity to release 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 Hingham
Manufacture of oils and fats Nelson
Museums activities Sturminster Newton
Wholesale of meat and meat products Watford
Hotels and similar accommodation Maghull
Other passenger land transport Stonehouse
Repair of household appliances and home and garden equipment Malvern
Other letting and operating of own or leased real estate Somerton
Manufacture of articles of fur Chulmleigh
Farm animal boarding and care Cheshunt
Joinery installation Ventnor
Manufacture of bread; manufacture of fresh pastry goods and cakes Colchester
Wholesale of flowers and plants Frodsham
Non-specialised wholesale of food, beverages and tobacco Nailsea

Scottish Building Society equity release schemes related lenders

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

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

Just Retirement Equity Release
L&G Legal & General Flexible Max Scheme
More2Life 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
More2Life Capital Choice Plus Plan
Nationwide Interest Only Lifetime Mortgage
HSBC 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 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

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 you could be exposed to changes in interest rates with some products.

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 and the property is sold, or if you sell for a different reason.

Your Requirements

About You