2.41% APR Royal Bank of Scotland Equity Release With Free Valuation – RBS

Royal Bank of Scotland equity release

  • Remove tax-free cash from your property with Royal Bank of Scotland Equity Release
  • No regular monthly repayments
  • Ideal for people under 55 and over 55 years old
  • No product fees
  • No lenders fees
  • Use the money to help your family
  • Stay living in your own home
  • Could be used to help tax planning
  • Free valuation in 2022

Discounted variable rates of 2.41% APR and fixed rates of 2.96%.  No hidden fees are added on.

How much can I get?

You can borrow 60% of your home’s valuation. As an example, if your home is worth £280,000 you can borrow £168,000.

Please complete the form below to find out more:

  • Your Requirements

  • Please enter a number from 5000 to 2000000000.
  • About You

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

Royal Bank of Scotland RIO retirement interest only mortgages for people on a pension

5 Year Chart of 10 Year Interest Rates
5 Year Chart

royal bank of scotland mortgage rates

retirement interest-only mortgage (RIO)

  • Your Requirements

  • Please enter a number from 5000 to 2000000000.
  • About You

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

RIO retirement interest only mortgages for people on a pension

Does RBS offer Pensioner Mortgages?

Yes, RBS Pensioner Mortgages are 2.41% APRC.

Homeowner in their 70s with RBS Bank Account

Royal Bank of Scotland Lifetime Mortgages

It is often found to encounter people searching for monthly payment lifetime mortgage, home reversion plans or monthly payment equity release, however, Age Partnership like Maximum cover Equity Release are keen to see proof of your situation in the form of bank statements.

royal bank of scotland Pensioners interest only mortgage

UK Equity Release Scheme Lenders

 

  • Lifetime Mortgage from L&G
  • Step change
  • Aviva

Does RBS offer Retirement Mortgages?

Yes, RBS Retirement Mortgages are 2.41% APRC.

Advantages of Home Reversion Schemes

Often used as a vehicle to reduce tax bills and interest rates on the money can be appealing. Buy a family member home without a mortgage or pay down your credit cards and loans so you can spend more of your monthly income.

Equity Release Loan To Value

  • 60% lump sum lifetime mortgages Maximum cover Equity Release
  • 55% loan to value (LTV) monthly payment lifetime mortgage Sun life Plans
  • 55% loan to value (LTV) home reversion plans Together Money
  • 25% loan to value (LTV) monthly payment lifetime mortgage Evolution Money

retirement interest-only mortgage (RIO)
The 1st and 2nd charge lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the resident is a Private Tenant.

Do Royal Bank of Scotland do Pensioner Mortgages?

Yes, Royal Bank of Scotland Pensioner Mortgages are 2.41% MER.

UK Lenders for Equity Release

It is often found to encounter individuals looking for home reversion schemes, lump sum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Legal and General like The Exeter Equity Release are eager to see paperwork to show your circumstances in the form of investment statements.

  • Canada Life Lifestyle Gold Flexi
  • Stonehaven Equity Release Scheme
  • HSBC Equity Release
  • Lloyds Bank Lifetime Mortgage
  • Saga Equity Release Plans
  • Aviva Lifetime Mortgage
  • Canada Life Prestige Flexi Option
  • Just Retirement Equity Release Plans
  • Liverpool Victoria LV Equity Release
  • Barclays Interest Only Lifetime Mortgage
  • Hodge Equity Release Plans
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement Equity Release Plans
  • Nationwide Equity Release Schemes
  • Saga home reversion schemes
  • Bridgewater Equity Release Schemes
  • Canada Life Second Home Voluntary Select Plan
  • Hodge Lifetime Mortgage Plus
  • Stonehaven Equity Release Scheme
  • Barclays Equity Release Plans
  • Saga home reversion schemes
  • Age Partnership Lifetime Mortgage

Does Royal Bank of Scotland offer Retirement Mortgages?

Yes, Royal Bank of Scotland Retirement Mortgages are 2.41% APR.

retirement interest-only mortgage (RIO)

Do RBS do Equity Release Under 55?

Yes, RBS Equity Release Under 55 is 2.41% APR.

Do RBS do Lifetime Mortgages?

Yes, RBS does lifetime mortgages at 2.41% MER.

RBS interest only retirement mortgage

Telephone:

02087486233

Does Royal Bank of Scotland offer Equity Release Under 55?

Yes, Royal Bank of Scotland Equity Release Under 55 is 2.41% APRC.

Drawbacks of Royal Bank of Scotland Equity Release

Home reversion schemes can reduce the value of your estate. Lump-sum lifetime mortgages may impact the ability to get state benefits. You may need to pay a solicitor’s fee and some products expose you to changes in interest rates.

Equity Release LTV Percentages

The more elderly you are and the more illnesses you have you are, the more cash you can release.

 

 

RBS Markets and International Banking UK, 8th Floor, 250 Bishopsgate, London, EC2M 4AA, outlining the requirements of the customer, including the branch(es) concerned and the pattern and volume of activity the customer is likely to transact

Does Royal Bank of Scotland offer Lifetime Mortgages?

Yes, Royal Bank of Scotland lifetime mortgages are 2.41% APR.

https://www.rbs.co.uk/