Halifax Equity Release

Halifax’s equity release products are offered via Scottish Widows, but the bank does not offer any specific equity release loans directly. Limited information on the functions and applications of equity release is provided on the Halifax website, coupled with a link to the Scottish Widows equity release page. Founded in 1853, Halifax would go on to become the single biggest building society on the UK market. More recently, Halifax was acquired by the Lloyds Banking Group, making it a subsidiary of one of the largest financial service providers in the world. Halifax’s equity release products are not offered directly by the bank but instead externally via Scottish Widows. Helpful information regarding eligibility and suitability for equity release is available on the Halifax website, but all applications and inquiries are processed externally. No specific information is therefore provided regarding fees, costs, or maximum loan sizes.

Independent expert advice on equity release

At UK Property Finance, we take pride in offering 100% independent expert advice on all matters pertaining to equity release. Before applying for a Halifax equity release product via Scottish Widows, contact a member of our team for an obligation-free consultation. Equity release is not for everyone, and we can provide you with the frank and informal advice you need to assess your suitability. Whether you are an appropriate candidate for equity release will be determined by a broad range of combined factors. Examples of these include your income level, how much equity you have tied up in your home, your long-term financial goals, and more. Under no circumstances should equity release be considered without first seeking independent expert advice. Working as an independent broker with no specific brand ties, we’re able to provide objective and impartial advice you will not get from any mainstream lender. Whether you have decided to release equity in your home or are still unsure how the process works, we would be delighted to provide you with a free initial consultation at your convenience. Call today for more information or email UK Property Finance, and we will get back to you as soon as possible.

Is equity release right for me?

If you own your own home and are 55 or older, you may be able to free up some money you have tied up in your home. Equity release can be a useful way to raise cash for any purpose, with no restrictions placed on how the money can be spent. With equity release, you effectively sell some or the entire home to your chosen lender. You can then continue to live in your home for the rest of your life, and the debt is repaid when your home sells after your death. However, equity release can also have a major impact on the value of your estate and will always have inheritance-related implications. All of these must be discussed openly before going ahead so that you fully understand the benefits and drawbacks of equity release. At UK Property Finance, our skilled advisers can help you determine whether an equity release is right for you. If you decide to go ahead, we will conduct a whole-market comparison on your behalf in order to find you an unbeatable deal from a top-rated lender. For more information or to discuss any aspect of equity release in more detail, contact a member of the team at UK Property Finance today.

Bank Compare Rate
Bank of Scotland Bank of Scotland equity release
Barclays Barclays equity release
Halifax Halifax equity release
HSBC HSBC equity release
Lloyds Bank Lloyds Bank equity release
Nationwide Nationwide equity release
NatWest NatWest equity release
RBS RBS equity release
Martin Lewis Martin Lewis equity release