Nationwide Equity Release Comparison

Nationwide equity release products have become a popular choice for over 55s who own their own homes. Nationwide offers equity release products in the form of lifetime mortgages and retirement mortgages, with flexible terms and conditions to suit most requirements. Nationwide, one of the few major High Street banks or building societies to offer equity release products, has a broad range of services available for homeowners aged 55 or over. Just a few of the benefits of Nationwide’s equity release products include no valuation fees, product fees, or advice fees; flexible payment options; no restrictions on how the money can be spent; and the ability to borrow up to £500,000 against your home. However, in order to qualify for a lifetime mortgage or retirement mortgage with Nationwide, you must already be a Nationwide mortgage payer between the ages of 55 and 94.

Flexible and affordable equity release from UK Property Finance

The key to getting the best possible deal on any equity release product lies in comparing as many offers as possible from competing lenders. This is why taking your application directly to any specific lender is inadvisable, as you are likely to be provided with biassed advice and information. At UK Property Finance, we work closely with an extensive panel of established and reputable lenders across the UK. This includes all major banks and building societies like Nationwide, along with a diverse range of specialist lenders away from the High Street. On behalf of our customers, we compare hundreds of flexible and affordable equity release products from dozens of top-rated lenders. With no obligation to go ahead at any time, we can help you determine whether you are a suitable candidate for equity release. After which, we will support your application from start to finish and negotiate on your behalf to ensure you get an unbeatable deal. Call UK Property Finance anytime to learn more, or email us, and one of our advisers will get back to you as soon as possible.

How does equity release work, and is it for me?

The basic mechanics of equity release are fairly straightforward. If you have a sizeable amount of equity tied up in your home, you may be able to release up to 75% of it in the form of a lump-sum cash-free payment. For a home valued at £500,000, this would mean up to £375,000 to do with as you wish. Equity release works a little like selling your home (in part or in full) to a lender. They pay you an agreed price for your home, and you are permitted to continue living there indefinitely. The loan is then repaid when your home is sold following your death, and any remaining proceeds are passed to your beneficiaries as specified by you. Best of all, equity release can be a surprisingly flexible facility to take advantage of. Even if you have poor credit, a history of bankruptcy, or no formal proof of income, there is still every chance you could qualify for equity release. Tapping into capital tied up in equity can be ideal for those who are asset-rich but cash-poor. Something that applies to millions of homeowners across the UK. However, equity release is a paid financial product like any other and carries a variety of fees and costs. This is why it is important to seek independent expert advice before applying for equity release in order to determine whether it is right for you. Whether you are ready to get started or simply looking to learn more about your suitability for equity release, we would be delighted to provide you with an obligation-free consultation at your convenience. Call or email 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