Nationwide Borrowing in Retirement

 

  • Remove tax-free equity from your house
  • You don’t need to be an existing Nationwide Building Society account holder
  • Use the money to buy another property
  • Still, have some mortgage outstanding? No problems
  • Continue to live in your own home
  • Your Requirements

  • About You

  • Please enter a value between 25 and 110.
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Feefo
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Home with equity
West London Home
Stop Repossession
London House

It is common to discover individuals looking for lifetime mortgage with flexible drawdown cash release, interest-only lifetime mortgages or lump sum lifetime mortgages, however, Key Retirement like Royal London Equity Release are keen to see proof of your personal situation in the form of bank statements.
Homeowner in their 70s

Equity Release LTV

The more elderly you are and the sicker you are the more money you can release

Equity Release UK Providers

  • Key Retirement
  • Saga
  • Just Retirement

What percentage can be released?

  • 50% monthly payment lifetime mortgage Zurich
  • 35% loan to value lump sum lifetime mortgages Saga
  • 25% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Masthaven
  • 30% loan to value home reversion plans Lloyds Bank

Old money in home
The lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the occupier is an Assured shorthold tenancy tenant.

UK Equity Release Scheme Lenders

It is common to encounter individuals searching for lumpsum lifetime mortgages, monthly payment lifetime mortgage or home reversion schemes, however, Just Retirement like AIG Life is eager to see evidence of your personal circumstances in the form of pension statements.

  • More 2 Life Capital Choice Plus Plan
  • Bridgewater Equity Release Plans
  • More2Life Flexi Choice Drawdown Lite Plan
  • TSB Equity Release Schemes
  • More to Life Capital Choice Plan
  • Age Partnership Equity Release
  • Aviva Lifestyle Flexible Option
  • Canada Life Equity Release Plans
  • More2Life Tailored Choice Plan
  • More to Life Capital Choice Plus Plan
  • Lloyds Bank Equity Release
  • TSB Equity Release Schemes
  • Barclays Interest Only Lifetime Mortgage
  • Royal Bank of Scotland Equity Release
  • More2Life Flexi Choice Voluntary Payment Super Lite
  • Bridgewater Lifetime Mortgage
  • Pure Retirement Classic Drawdown Lite Plan
  • More to Life Tailored Choice Plan
  • Lloyds Bank Equity Release
  • NatWest Equity Release Plans
  • Canada Life Second Home Voluntary Select Plan
  • Hodge Lifetime Flexible Drawdown Plan
  • Stonehaven Interest Select Plan
  • HSBC Interest Only Lifetime Mortgage
  • Lloyds Bank Equity Release Plans

West London Home

Drawbacks of Equity Release Schemes

Lumpsum lifetime mortgages can reduce the value of your estate. Home reversion plans may impact the ability to claim benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.

Benefits of Home Reversion Schemes

Could be used to help tax planning and interest rates on the money can be appealing. Help a member of your family buy their own home that they couldn’t afford otherwise or pay off your own debts like loans and credit cards so you have more monthly disposable income.