2.41% APR Royal Bank of Scotland Equity Release for homeowners

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
Property is:*
How Much Money Would You Like Release or Borrow?*
Please enter a number from 5000 to 2000000000.
Value Of Your Property?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about yourself and what you want
My circumstances*
- I have no spare income for a monthly payment
- I have income but don't want a monthly payment
- I want to make a monthly payment
- I'm not sure
Name*
First Last
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Date of Birth*
Phone Number*
Please Agree To Our T&C and Privacy*
- I Agree
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.

5 Year Chart of 10 Year Interest Rates — 5 Year Chart

Your Requirements
Property is:*
How Much Money Would You Like Release or Borrow?*
Please enter a number from 5000 to 2000000000.
Value Of Your Property?*
Total amount of mortgage/loans you have on your home
About You
Please tell us about yourself and what you want
My circumstances*
- I have no spare income for a monthly payment
- I have income but don't want a monthly payment
- I want to make a monthly payment
- I'm not sure
Name*
First Last
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*
Date of Birth*
Phone Number*
Please Agree To Our T&C and Privacy*
- I Agree
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.

Does RBS offer Pensioner Mortgages?

Yes, RBS Pensioner Mortgages are 2.41% APRC.

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.

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

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.

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.

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/