Equity Release and Lifetime Mortgages – Scottish Building Society

scottish

  • Release cash from your house
  • 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

  • Please enter a number from 5000 to 20000000.
  • About You

  • Please enter a number from 25 to 90.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

London House Finance
Wandsworth Family Home

Equity Release Loan To Value

  • 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 life time 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

How much is it common to release from a home

The more aged you are and the 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

Lloyds Bank Retirement Mortgages Providers

Just Equity Release

LV Mortgages

Towns where retirement mortgages are 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 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 Equity Release Plans

Home reversion plans can reduce your estate value. Interest-only lifetime mortgages 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.

Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges

Canada Life Home Finance lifetime mortgage for properties in Scotland

Premier Flexible Black

Pure Retirement - Classic Super Lite

Lloyds Bank Retirement Mortgages Calculator