- Remove tax-free money from your home with YBS Equity Release
- New lower rates from June 2026
- No monthly repayments unless you prefer
- RIO – retirement interest-only mortgages available for those with income
- Use the money to keep another family member away from a high loan-to-value mortgage
- Stay living in your property for as long as you like
How much can I release?
You can access up to 65% of your home’s valuation. For example, if your house is worth £220,000, you can get £143,000.
Frequent Finance Reviews
Mr Hayworth from Leeds
I am healthy and have a good income from my pensions for later life. I decided to release equity from my unencumbered home using a retirement interest-only mortgage (RIO) to upgrade my kitchen and bathroom and give my children money to help them move into larger homes.
I had no issues with the minimum or maximum age requirements or affordability.
The interest rate was very low, like a prime conventional mortgage from a bank or building society. The monthly payment was tiny compared with my other outgoings. The Financial Conduct Authority authorised and regulated the whole process.
Mrs Heart from Aberdeen
I was struggling to pay my mortgage and had no money left for emergencies at the end of the month, let alone saving for a holiday.
I investigated home reversion plans, but they didn’t seem like the right solution. Equity Release for older borrowers with no monthly repayments was precisely what I wanted, and the interest rate was very low. I paid off my mortgage.
I live in an area where house prices are rising nicely, so it’s wise to keep 100% ownership of my home. I am confident that my house price appreciation will be much bigger than my roll-up interest.
Mr Shaw from Bradford
I thought I would have to sell my home to repay my mortgage, as the bank wanted its money back. With the money left, I could only afford a flat, which would have been further away from my daughter and her children. Downsizing was a bad idea for me.
My lifetime mortgage was ideal as I had no monthly repayments and paid off my old mortgage. I saved the cost of moving to a new flat, which I would have had to pay for a place I did not want.
The no-negative-equity guarantee and the Equity Release Council’s assurances were fundamental to me. I am better off each month and have some tax-free cash on hand in case repairs to the house are necessary.
William from Birmingham
My son knew a guy who owned six pubs. Because of successive COVID-19 lockdowns, he had to sell his holiday home in Devon quickly.
My equity release money enabled him to buy his flat at 35% under market value. Not only do my family members share the use of a holiday home, but the rental income is also significantly more than the interest on the equity release.
Mrs Yardage from Sheffield
I had an old, tired car and an unreliable central heating system. Repair bills continually increased, leaving me with less money for holidays and other lovely things.
A friend said I should consider equity release, but I was put off by the horror stories of the roll-up/compounded interest destroying people’s homes.
When I did my own homework, I found that interest rates were very low in the 2026 equity release, and the negative press focused on people who had been ripped off with high rates in the past.
Even if my house price only increased slightly, the roll-up interest would be covered. The equity release let me buy a nice 3-year-old car and a new boiler, so I wasn’t wasting money on repairs.
Does Yorkshire Building Society offer equity release?
Yes, Yorkshire Building Society Equity Release is 4.49% APR.
People often look for home reversion schemes, lump-sum lifetime mortgages, or monthly-payment lifetime mortgages. However, Age Concern, like Legal & General, wants paperwork that shows your situation, such as investment statements.
Does YBS do Equity Release?
Yes, YBS Equity Release is 4.93% APR.
Equity Release LTV Percentages
The older you are and the sicker you are, the more tax-free cash you can release
UK Equity Release Lenders
- Lifetime Mortgage from L&G
- Stonehaven
- Key Solutions
- Stepchange
- YBS Equity Release
What percentage can be released with Equity Release Yorkshire Building Society?
- 55% monthly payment lifetime mortgage Legal & General
- 60% loan-to-value lifetime mortgage with flexible drawdown cash release, Paragon Personal Finance
- 45% LTV lump-sum lifetime mortgages Shawbrook
The first- and second-charge lenders will want to know whether the property is a Freehold terraced house or a Leasehold flat, and whether the occupier is an Assured Shorthold Tenancy tenant.
Does Yorkshire Building Society do Retirement Mortgages?
Yes, Yorkshire Building Society Retirement Mortgages are available at a 2.2% APRC.
Does YBS do Pensioner Mortgages?
Yes, YBS Pensioner Mortgages are 4.92% APR.
Equity Release Providers similar to YBS Equity Release
People often look for monthly payment equity release, monthly payment lifetime mortgages, or lifetime mortgages with flexible drawdown cash release; however, Just Retirement, like VitalityLife Equity Release, requires paperwork showing your circumstances, such as bank statements.
Does the Yorkshire Building Society offer pensioner mortgages?
Yes, Yorkshire Building Society Pensioner Mortgages are 4.62% APR.
- More To Life Equity Release Plans
- Just Retirement Equity Release Plans
- More to Life Flexi Choice Voluntary Payment Super Lite
- TSB Equity Release
- More to Life Capital Choice Plus Plan
- Saga home reversion plan
- Hodge Equity Release Plans
- HSBC Equity Release Plans
- Barclays Lifetime Mortgage
- YBS Equity Release
- NatWest Equity Release
- Royal Bank of Scotland Equity Release
- Age Partnership Interest-Only Lifetime Mortgage
- Hodge Equity Release Plans
- Just Retirement Drawdown Lifetime Mortgage
- L&G Legal & General Flexible Max Plus
- Liverpool Victoria LV= Flexible Lifetime Mortgage
- More to Life Flexi Choice Voluntary Payment Super Lite
- Age Partnership Equity Release
- Hodge Equity Release Plans
- Just Retirement Equity Release
- YBS Equity Release
- Liverpool Victoria LV Equity Release Plans
- Nationwide Equity Release
Does YBS offer Retirement Mortgages?
Yes, YBS Retirement Mortgages are 4.85% APR.
Downsides of YBS Equity Release
A lifetime mortgage with flexible drawdown cash release can reduce your estate value.
Interest-only lifetime mortgages may affect eligibility for benefits. You may need to pay a legal fee, and some products may expose you to interest rate changes.
Does YBS do Equity Release Under 55?
Yes, YBS Equity Release Under 55 is 4.7% APR.
Applications of YBS Equity Release
You can use it to manage inheritance tax bills, and the interest rates can be attractive. A low-rate loan can help the family buy a home or pay down debts, reducing monthly outgoings.
Does Yorkshire Building Society offer equity release under 55?
Yes, the Yorkshire Building Society Equity Release Under 55 is available at a 4.18% APR.
Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Does the Yorkshire Building Society offer Lifetime Mortgages?
Yes, Yorkshire Building Society does lifetime mortgages at 4.21% APRC. Yorkshire Building Society Lifetime Mortgages have a loan-to-value of 55%.
Yorkshire Building Society is registered on the Financial Services Register, registration number 106085. Its head office is Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ.
References to ‘YBS Group‘ or ‘Yorkshire Group’ refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P, and Egg), and its subsidiary companies.
Does YBS do Lifetime Mortgages?
Yes, YBS offers lifetime mortgages at 4.91% APR and an LTV of 65%—updated for June 2026.
Unlocking the Value in Your Home: An Exploration of Equity Release, Lifetime Mortgages, and Retirement Interest-Only Mortgages in the UK
As we progress through life, our financial goals and situations evolve. Property is one of the key assets that many people in the UK accumulate over their lifetime. Over time, this property typically appreciates, giving homeowners greater financial flexibility.
One of the most common ways to do so is through equity release, lifetime mortgages, and retirement interest-only mortgages. These financial products offer a unique way to leverage your home’s value, particularly as you approach or enter retirement. Let’s explore them to better understand how they work.
Equity Release
Equity release refers to methods that allow you to access the equity (cash) tied up in your home without moving out. This often comes up for older homeowners, especially if they need to supplement their pension or cover other significant expenses.
Benefits:
- You don’t need to move out of your house.
- It can provide a lump sum, regular income, or both.
- No monthly payments, depending on the plan chosen.
Considerations:
- Reduces the inheritance value of your home.
- It might impact means-tested state benefits.
- Interest can accumulate, increasing the amount you owe over time.
Lifetime Mortgages
A lifetime mortgage is the most popular type of equity release. With this approach, you take out a mortgage secured on your property while retaining ownership. Instead of making repayments, the interest is typically rolled up, accruing over time and repaid when the property is sold, either upon your passing or upon entering long-term care.
Benefits:
- You remain the owner of your property.
- No required monthly repayments.
- Flexible ways to access funds.
Considerations:
- Compound interest can mean the amount owed grows quickly.
- It may leave less for your estate.
- Early repayment charges may apply if you repay the mortgage early.
Retirement Interest-Only Mortgages
Retirement Interest-Only (RIO) mortgages are a relatively new concept. With RIOs, you borrow a sum of money against the value of your home and only pay back the interest each month. You repay the loan when you sell the property.
Benefits:
- Monthly repayments are typically lower than with traditional mortgages because you only cover interest.
- It can help you stay in your home as your previous mortgage ends.
- Loan duration is open-ended.
Considerations:
- Monthly interest payments are required.
- The principal loan amount remains outstanding until you sell the property.
- Not all providers offer RIO mortgages.
Halifax Retirement Interest-Only Mortgage Rates
Halifax, one of the UK’s leading mortgage providers, offers competitive RIO mortgage rates tailored to retirees’ financial needs. For a comprehensive view of its offerings, explore Halifax Lifetime Mortgage.
Nationwide RIO Mortgage Rates
Nationwide is renowned for its diverse mortgage offerings, including RIOs. Those considering an RIO mortgage with Nationwide should investigate their rates and terms to ensure they align with their financial objectives. More details are available on Best Lifetime Mortgage Rates.
Mortgage for Over 70s – Yorkshire Building Society mortgage
The financial market recognises the unique needs of older homeowners. As a result, several providers offer mortgages tailored for those aged 70 and over. To explore these options in detail, visit Mortgages for Pensioners Over 70.
Retirement Interest-Only Mortgage Rates 2026
The financial market’s dynamic nature means mortgage rates fluctuate over time. For the most up-to-date 2026 RIO mortgage rates, potential borrowers should review Best Retirement Interest-Only Mortgage Rates.
Nationwide Shared Ownership Mortgage Calculator
Shared ownership is a unique way to enter the property market. Nationwide offers shared ownership mortgage options and tools, such as calculators, to help prospective borrowers gauge the feasibility of such an undertaking. You can learn more about their shared ownership offerings at Nationwide Equity Release Rates.
NatWest Equity Release
NatWest provides equity release solutions tailored for older homeowners, especially those over 75. Their product offerings can be a viable financial solution for those looking to release funds from their homes. Explore their offerings in the NatWest Lifetime Mortgage Over 75.
Navigating the Options for Mortgage Equity Release
Choosing the right mortgage product is a pivotal decision. These offerings provide diverse options to suit individual financial situations. Thoroughly analyse each product’s benefits and limitations. Seeking expert advice from financial consultants or mortgage advisers can help you understand the nuances of each offering and guide you towards a decision that aligns with your financial and personal goals.
As with all financial commitments, being well informed helps ensure your chosen path aligns with your retirement aspirations, providing peace of mind and economic stability.