Sorting by

×

Yorkshire Bank Equity Release – 2.39% APR YB Lifetime Mortgages for 2021

yorkshire-bank

  • Remove tax-free cash from your home with Yorkshire Bank Equity Release
  • You don’t need to make monthly payments
  • Help your family to buy a home
  • Stay living in your own house for as long as you like

How much cash can I get?

You can achieve 70% of your home’s valuation. As an example, if your house is valued at £190000 you can borrow £133000.

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • Please enter a number from 50000 to 10000000.

Homeowner in their 70s
Money tied up in house

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
  • About You

  • 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.

55 Mortgage

Products similar to Yorkshire Bank Equity Release

  • Saga RIO Plans
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • L&G Legal & General Flexible Max Scheme
  • More 2 Life Capital Choice Plan
  • NatWest Equity Release
  • More2Life Flexi Choice Drawdown Lite Plan
  • Just Retirement Drawdown Lifetime Mortgage
  • Liverpool Victoria LV Interest Only Retirement Mortgage
  • Pure Retirement Drawdown Plan
  • Nationwide Equity Release Schemes
  • More to Life Capital Choice Plan
  • Yorkshire Bank Equity Release Schemes
  • TSB Equity Release Schemes

Does YB do Lifetime Mortgages?

Yes, YB does lifetime mortgages at 2.07% MER. YB Lifetime Mortgages can have a loan to value of 65%.

UK Equity Release Scheme Providers

  • Aviva
  • Pure Retirement
  • Key Solutions
  • Step Change

Does YB do Equity Release Under 55?

Yes, YB Equity Release Under 55 is 2.13% APRC.

Tough to finance home variants include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for normal domestic use, properties converted from modern commercial premises, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that have solar farms or a large number of wind turbines on the land and properties with mobile phone masts which are within influencing distance of the house.

Equity Release Under 55

Do YB do Retirement Mortgages?

Yes, YB Retirement Mortgages are 2.21% MER.

Difficult to mortgage home types include timber framed properties built before 1920, properties with spray foam insulation applied to the underside of the roof, properties constructed or converted within the past 10 years, coach houses i.e. freehold properties with garages beneath and freehold flats (England, Wales, Northern Ireland).

Does YB offer Pensioner Mortgages?

Yes, YB Pensioner Mortgages are 2.2% MER.

Tough to mortgage property variants can include properties built on contaminated land, properties without a kitchen or bathroom, derelict property or where part of the building is in severe disrepair and needs demolishing, mundic homes and Reema Hollow panel, Schindler and Hawksley SGS, Stent, Stonecrete, Stour, Tarran, Underdown, Unity and Butterley, Waller, Wates, Wessex, Winget and Woolaway.

Does YB offer Equity Release?

Yes, YB Equity Release is 2.19% APR.

Does Yorkshire Bank offer Equity Release?

Yes, Yorkshire Bank Equity Release is 1.93% APR.

Downsides of Yorkshire Bank Equity Release Plans

A monthly payment lifetime mortgage can reduce the inheritance for your family. Lifetime mortgage with flexible drawdown cash release may impact entitlements to benefits. You may need to pay a broker’s fee and you could have higher rates to pay with some schemes.

Business owners who could benefit from Yorkshire Bank Equity Release tax planning

  • Seed processing for propagation Lowestoft
  • Production of abrasive products Hornsea
  • Other manufacturing n e c Widnes
  • Wholesale of household goods other than musical instruments n e c Spilsby
  • Agents involved in the sale of timber and building materials Atherstone
  • Botanical and zoological gardens and nature reserves activities Middlewich
  • Manufacture of beer Kirkby Stephen
  • Binding and related services Richmond
  • Retail sale via mail order houses or via Internet Upton-upon-Severn
  • Plant propagation Colyton
  • Fitness facilities Wells-next-the-Sea
  • Raising of horses and other equines Hadleigh
  • Library activities Bury
  • Manufacture of kitchen furniture Billingham
  • Activities of other holding companies n e c Bollington
  • Scaffold erection Shrewsbury
  • Retail sale of music and video recordings in specialised stores Tickhill
  • Manufacture of women’s underwear Kirkby-in-Ashfield

It’s common to find people seeking out interest-only lifetime mortgages, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, More2Life like LV Liverpool Victoria is keen to see evidence of your personal circumstances in the form of bank statements.

One Family Retirement Mortgages

Does Yorkshire Bank offer Pensioner Mortgages?

Yes, Yorkshire Bank Pensioner Mortgages are 2.2% APR.

LV Equity Release

Equity Release Loan To Value YB Equity Release

The more elderly you are and the more illnesses you have you are the more tax-free money you can release with YB Equity Release.

Towns of the UK where YB Lifetime Mortgages are popular

  • Wallasey
  • Bury St Edmunds
  • Ludgershall
  • Oakham
  • Brigg
  • Wivenhoe
  • Thatcham
  • Honiton
  • Whitehill
  • Sutton Coldfield
  • Clare
  • Yarmouth
  • Leigh
  • Hexham
  • Castle Cary

Does Yorkshire Bank offer Retirement Mortgages?

Yes, Yorkshire Bank Retirement Mortgages are 2.27% APRC.

YB Equity Release percentages of your current property value

  • 50% interest-only lifetime mortgages The Exeter Equity Release
  • 55% LTV monthly payment lifetime mortgage the Telegraph
  • 30% loan to value lumpsum lifetime mortgages Clearly Loans
  • 55% loan to value home reversion schemes 1st Stop Home Loans
  • 25% loan to value home reversion plans Manchester Building Society
  • 50% loan to value (LTV) monthly payment equity release Key Retirement
  • 45% loan to value (LTV) home reversion plans Vida
  • 55% LTV YB Equity Release

Yorkshire Bank Equity Release

Popular LTV percentages of TSB mortgages for 60 plus, HSBC retirement mortgages over 65, Post Office retirement mortgages over 65, Legal and General mortgages for over 70s, Bank of Scotland mortgages for over 50 year olds and Nationwide Building Society retirement mortgages over 65 are 45%, 55% and 65%.

YB Equity Release

Popular loan to values of Liverpool Victoria retirement interest only mortgages over 75, More 2 Life mortgages for 60 plus, One Family later life interest only mortgages over 60, Yorkshire Bank later life interest only mortgages over 60, Royal London later life mortgages for over 60s and Sun Life mortgages for people 60 plus are 45%, 60% and 70%.

More2Life - Capital Choice Plan

Some of the most popular LTV ratios of Virgin Money retirement interest only mortgages over 75, Direct Line later life mortgages for over 60s, Churchill over 60 lifetime mortgages, Principality Building Society interest only mortgages for over 70s, Newcastle Building Society interest only lifetime mortgages for people over 60 and Cumberland Building Society retirement interest only mortgages over 75 are 45%, 60% and 65%.

Hodge Lifetime - Lump Sum Lifetime Mortgage

Hard to finance property variants can include homes requiring essential repairs, age restricted properties, right to buy – properties in Scotland, leasehold properties (with the exception of flats and maisonettes) and properties with single skin brickwork.

The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold flat and if the resident is an AST Tenant.

Do Yorkshire Bank do Equity Release Under 55?

Yes, Yorkshire Bank Equity Release Under 55 is 2.17% APRC.

Phone numbers and opening hours

As more of our colleagues become personally affected by the coronavirus situation, we have had to make some changes to our call centre opening hours. We’ll keep this page updated as the situation changes and you can also follow us on social media for regular updates.
Emergency contacts

Lost and stolen cards

0800 456 1247

Or find a branch

Lost and stolen cards (outside the UK)

+44 141 951 7315

Suspected fraud

0800 456 1247

Or visit our Fraud prevention and Security centre
Contact

24-hour customer services

0800 456 1247

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Telephone banking self-service remains 24 hour

24-hour customer services (outside the UK)

+44 141 951 7315

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Telephone banking self-service remains 24 hour

24-hour customer services (Minicom ® users)

0800 345 7365 to register*

0800 678 3528 for registered customers**

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Telephone banking self-service remains 24 hour

The Minicom service uses a small electronic typewriter and screen linked to a telephone system, enabling our customers with hearing or speech difficulties to send and receive messages with our customer service team.

Internet banking helpdesk

0800 456 1247

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Credit card customer services

0800 678 3320

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Payment Protection Insurance (PPI)

To ensure we’re doing everything we can to keep our colleagues safe during the current Coronavirus (Covid-19) situation, we have had to temporarily close our PPI office. Please visit our Payment Protection Insurance (PPI) page.

Report phishing e-mails

reportphishing-yb@ybonline.co.uk

Personal loan enquiries

0800 707 6471

Monday to Friday 8 AM to 5 PM with Saturday opening of 9 AM to 1 PM. Closed Sunday

Personal loan/savings and investments

0800 20 21 22

Monday to Friday 8 AM to 5 PM with Saturday opening of 9 AM to 1 PM. Closed Sunday

Current account application enquiries

0800 028 3632

Monday to Friday 8 AM to 5 PM with Saturday opening of 9 AM to 1 PM. Closed Sunday

Existing mortgage enquiries

0800 121 4203

Monday to Friday from 8 AM to 5 PM. Closed Saturday and Sunday.

Business direct

0800 756 0800

Business direct (Outside UK)

+44 141 229 2626

Branch information

Find a branch

ATM Dispense Error Claim (Direct Banking)

0800 456 1247

Or visit Useful forms

Monday to Saturday 8 AM – 8 PM, with Sunday opening from 10 AM to 5 PM

Contact us about a general enquiry. Alternatively, if you are registered for internet banking and wish to talk to us about something specific to you or your account you can do this by logging on to your internet banking and sending us a secure message through the contact us section.

Some of the most common pensioner loan products are Lloyds mortgages for over 50 year olds, Barclays Bank mortgages for 60 plus pensioners, Natwest over 60 lifetime mortgages, L&G mortgages for over 70s and Nationwide BS mortgages for over 50 year olds.

Does Yorkshire Bank offer Lifetime Mortgages?

Yes, Yorkshire Bank do lifetime mortgages at 2.14% MER. Yorkshire Bank Lifetime Mortgages have a LTV of 55%.