Nationwide Equity Release

Compare Nationwide Building Society Equity Release with other Building Societies

  • Don’t have an account with Nationwide? No problems!
  • Get a cash lump sum or a monthly income
  • Spend the money on what ever you like
  • The cash is tax-free
  • No monthly payments
  • Live in and keep owning your own home
  • Your Equity Release Requirements

  • About You

  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

Liars Loan

Nationwide equity release

Types of Equity Release

If you can afford a monthly payment you could consider a secured loan or Interest only lifetime mortgage. Depending if you want a drawdown over time or lump sum for a new kitchen or other renovations it maybe cheaper to wait and only take the money when you need it.

Finding help when you want a re-mortgage instead of using an equity release mortgage

Its often found to encounter individuals looking for poor credit remortgage lenders, remortgage bad credit UK or remortgage poor credit, however, loan companies like Co-operative Bank are keen to see paperwork to show income in the form of investment statements, bank statements or p60s.

Proof of income:

Secured loan lenders such as Paragon Personal Finance, Clearly Loans or Equifinance often accept paperwork to show monthly income with

  • pension statements
  • p60s
  • wage slips
  • payslips
  • universal credit letters

Common examples of heavy adverse credit

Lenders such as Shawbrook, Evolution Money or Central Trust can often lend to people with:

  • default notices
  • late payments
  • ccj records

Passing the credit check for secured loans

It’s sometimes cheaper to get a homeowner loan than a re-mortgage.

Sourcing subprime and prime credit company options:

Seeking guidance when you need a secured loan

  • UK independent financial advisor
  • finance broker

It is common to discover people searching for specialist mortgage brokers, high-risk mortgage or subprime mortgage lenders however lenders like Manchester Building Society are keen to see paperwork to show affordability in the form of universal credit letters, universal credit letters or investment statements.

Loan to Value

It is very regular to find individuals looking for the loan to value percentages of 60%, 75% or even as much as 95%, however, it’s hard to get 95%. Equity release is typically around 50% LTV.

Finding help when its necessary for remortgage

It is usual to discover individuals seeking out can I still get a remortgage with bad credit, bad credit remortgage loans guaranteed approval or no credit check remortgage lenders however lenders like Keystone are keen to see evidence of monthly income in the form of accountants certificate, payslips or p60s.

Lenders terms and rates for Owner Occupied including for bad credit

  • Buy to let mortgages Furness Building Society

The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold house and if the occupier is an Owner Occupier Primary Residence.

A term of loans available with The Mortgage Lender

  • 20 years
  • 15 years
  • 6 years
  • 2 years

Charges

  • booking fee
  • application fees
  • arrangement fees

Additional costs for second mortgages

  • broker fee
  • early repayment charge
  • completion fee

Bridging finance

  1. Affirmative
  2. Yorkshire bank
  3. RBS