2.42% APR TSB equity release schemes

Release equity from your house with TSB Bank Lifetime Mortgages
No need to make regular monthly payments
Use the money for a motorhome or new car
Are you still paying a mortgage? We can help with that
Continue to stay in your property for as long as you like
Could be used to help tax planning TSB Equity release

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.
Total amount of mortgage/loans you have on your property*
Please enter a number from 50000 to 10000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- I'm Not Sure

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*

Concise Finance Customer Reviews TSB Bank Lifetime Mortgages

Sandra from Manchester

I got 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 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.

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 E from London

My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.

Mrs M from Birmingham

With no brokers fees and no lenders fees, I got an interest-only retirement mortgage which I pay each month from my private pension. The money released went to my daughter for her wedding and deposit for her next house. She wanted a family, and her flat was too small.

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.

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.

Your Requirements
My Property or Home:*
How Much Money Would You To Like Raise?*
Please enter a number from 4000 to 20000000.
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- Not Sure
I would like to*
- Refinance my existing property and stay
- Get new finance for a new property
Estimated Value Of Your Property?*
Total amount of mortgage/loans you have on your property*
About You
Please tell us about your self and what you want
Name*
First Last
Phone*
Date of Birth*
DD dash MM dash YYYY
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Please Agree To Our T&C and Privacy*
- I Agree
By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

TSB Bank Lifetime Mortgages and TSB Bank Equity release

The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is an Owner Occupier.

Aviva Lifetime Mortgage
Canada Life Voluntary Select Gold
TSB Bank Equity release
L&G Legal & General Flexible Plus Lifetime Mortgage
Lloyds Bank Equity Release
Saga Equity Release Schemes
L&G Legal & General Flexible Lifetime Mortgage
Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
TSB Equity Release
Royal Bank of Scotland Equity Release Schemes
Age Partnership Equity Release
More2Life Capital Choice Plus Plan
Bridgewater Equity Release Schemes
Nationwide Equity Release Plans
Royal Bank of Scotland Interest Only Lifetime Mortgage
Age Partnership Interest Only Lifetime Mortgage
Just retirement defined benefit
Stonehaven Interest Select Plan
Royal Bank of Scotland Interest Only Lifetime Mortgage

Downsides of TSB Bank Lifetime Mortgages and TSB Bank Equity Release

Lumpsum lifetime mortgages can reduce the inheritance for your family. Interest-only lifetime mortgages may impact ability to claim benefits. You may need to pay an advisor’s fee and some products expose you to changes in interest rates.

TSB Bank Equity release is common among small business owners like below

Renting and leasing of other machinery, equipment and tangible goods n e c Walton-on-Thames
Collection of non-hazardous waste Whitworth
Manufacture of other technical ceramic products Burton Latimer
Transport via pipeline Marazion
Retail sale by opticians Northfleet
Plant propagation Wickham
Foreign affairs Ramsgate
Repair of footwear and leather goods Watton
Support activities for other mining and quarrying Manningtree
Activities of sport clubs Bude-Stratton
Other treatment of petroleum products excluding petrochemicals manufacture Cramlington
Other activities auxiliary to insurance and pension funding Southminster
Manufacture of malt Langport
Deep coal mines Highbridge
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials Halesworth
Manufacture of sugar Accrington
Manufacture of other ceramic products n e c Harlow
Pre-primary education Banbury

Aviva Retirement Mortgages

More2Life Drawdown Lifetime Mortgages

Aviva Drawdown Lifetime Mortgages

Legal and General Mortgages

LV Drawdown Lifetime Mortgages

Equity Release LTV Percentages

50% monthly payment equity release Legal & General
40% loan to value monthly payment equity release Step Change
30% loan to value lifetime mortgage with flexible drawdown cash release Spring Finance
60% loan to value (LTV) lumpsum lifetime mortgages Precise
25% loan to value monthly payment equity release Keystone
25% LTV monthly payment lifetime mortgage Evolution Money

It is usual to find individuals searching for home reversion schemes, lump sum life time mortgages or home reversion schemes, however, Age Partnership like AIG Life are keen to see evidence of your personal circumstances in the form of bank statements.