Remove tax-free equity from your property with Skipton Building Society Equity Release
- No need to make monthly payments
- Help your family to buy a home
- Stay living in your own home for as long as you like
- Can help tax planning
Customer Testimonials
Sandra from Manchester
I got Skipton Building Society Equity Release to give money to my daughter to buy a house. Without the money I borrowed, her buying a home would have been impossible.
Mrs V from Hastings
I had spent my life running up credit cards and loans then getting interest-only mortgages to pay off the debt. I got to retirement age and still owed the bank £160,000. The term was about to expire, and I could not afford the payments on my pension anyway. I got £180,000 equity release and now I am more comfortable with no monthly repayments and I spent £20,000 on a new bathroom and kitchen. I now know I can stay in my home.
Ms G from Dover
I divorced my husband who was a violent alcoholic. I really feared losing my home as I sometimes look after my daughter’s children. Equity release enabled me to pay off my ex and stay secure in my home.
Ms T from Hammersmith
My husband recently died leaving me with a mortgage I could not afford to pay. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, kitchen, and roof repair.
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.
Skipton building society Equity release is common among small business owners like below
- Financial leasing Ormskirk
- Manufacture of knitted and crocheted fabrics Dagenham
- Manufacture of motor vehicles Bishops Waltham
- Manufacture of fibre optic cables Woking
- Inland passenger water transport Kettering
- Wholesale of metals and metal ores Erith
- Hunting, trapping and related service activities Knutsford
- Manufacture of wooden containers Evesham
- Motion picture, television and other theatrical casting activities Bedford
- Finishing of textiles Windsor
- Raising of poultry New Alresford
- specialised design activities Trowbridge
- Film processing Brigg
- The casting of steel Swindon
- Wholesale of audio tapes, records, CDs and videotapes and the equipment on which these are played Andover
- Fire service activities Bolsover
- Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods Silsden
- Steam and air conditioning supply Arundel
- Just retirement equity release key features
- Stonehaven Lifetime Mortgage
- Nationwide Equity Release Plans
- Skipton Building Society Equity Release
- More to Life Capital Choice Plan
- Royal Bank of Scotland Equity Release
- Aviva Lifestyle Flexible Option
- Hodge Lifetime Flexible Voluntary Repayment Plan
- L&G Legal & General Flexi Max Voluntary Repayment Plan
- Pure Retirement Equity Release
- Stonehaven Equity Release Scheme
- TSB Equity Release Plans
- NatWest Interest Only Lifetime Mortgage
- Saga Equity Release Plans
- Canada Life Voluntary Select Gold
- Hodge Equity Release Schemes
- Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
- Nationwide Equity Release Schemes
- HSBC Equity Release Schemes
- Skipton Building Society Equity Release
- Nationwide Interest Only Lifetime Mortgage
- TSB Equity Release Plans
- Saga Equity Release Schemes
- More 2 Life Flexi Choice Drawdown Lite Plan
- Lloyds Equity Release Drawdown
- HSBC Lifetime Mortgage
- Santander Retirement Mortgage Providers
- Nationwide Retirement Mortgage Interest Rate
- Lloyds Bank Lifetime Mortgage Broker
- Halifax Lifetime Mortgage Calculator
- Nationwide Lifetime Mortgage
- Natwest Retirement Mortgage Rates 2021
- Natwest Lifetime Mortgage Comparison
- Santander Equity Release Retirement
- Lloyds Bank Equity Release From House
- Lloyds Bank Retirement Mortgages Providers
- Natwest Equity Release Plans
- Halifax Equity Release On Second Homes
- Santander Lifetime Mortgage Calculator
- HSBC
- Lloyds Retirement Mortgage Advice
- HSBC Equity Release Scheme
- Lloyds Lifetime Mortgage Buy To Let
- Nationwide Equity Release Plan
What percentage can be released with Skipton Building Society Equity Release?
The more elderly you are and the more serious your illnesses you are the more tax free money you can release.
How much is it common to release from a home
- 60% lumpsum lifetime mortgages Fortify Insurance Solutions
- 45% loan to value (LTV) monthly payment lifetime mortgage Saga
- 30% loan to value lifetime mortgage with flexible drawdown cash release Platform Mainstream
Lenders for Equity Release
- Key Retirement
- Prudential
- More2Life
- Fortify Insurance Solutions
The mortgage lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an Owner Occupier Primary Residence.
It is usual to discover individuals looking for monthly payment equity release, lumpsum lifetime mortgages or home reversion schemes, however, the Telegraph like Zurich are keen to see proof of your situation in the form of bank statements.
Towns where Lifetime Mortgages are routine
- Ulverston
- Saxmundham
- Acle
- Saxmundham
- Totnes
- St Ives
- Wallsend
- Tickhill
- Stretford
- Grimsby
- Clitheroe
- Pudsey
- Redruth
- Worthing
- Dunstable
- Walton-on-Thames
Downsides of Home Reversion Plans
Monthly payment lifetime mortgage can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.