Are any UK banks offering equity release?
You can no longer take out a new equity release plan directly from a UK bank. Instead, it’s most often available from insurance companies or specialist lenders.
If you have been looking into equity release, you may have been surprised to find that banks aren’t offering equity release directly to their customers. In this article, we explain why this is the case by looking at the relationship between banks and equity release:
- Which banks do equity release?
- What type of company is more likely to offer equity release?
- Will my bank be able to help me find an equity release provider?
- Another way to choose the right equity release plan.
We hope this article will help you understand which providers offer equity release. Our selected equity release advisers are also available to discuss your circumstances and offer further information and advice.
Just call us on 0800 096 2215 or request a call back and we’ll arrange a no-obligation appointment with an adviser for you. Alternatively, check your eligibility and get an initial indication of how much tax-free cash you could unlock.