3.42% APRC Yorkshire Building Society Equity Release For UK Property – Free Valuation

Yorkshire Building Society Equity Release
  • Release equity from your home with Yorkshire Building Society Equity Release
  • No monthly payments
  • Help a family member buy their own home with a modest mortgage
  • No product fees
  • No lenders fees
  • Still, have a few more mortgage payments to make? We can help with that
  • Continue to live in your own home

3.42% APR discounted variable rate.  Fixed for life rates of 3.42%.  Rates have never been lower and there are no hidden fees.

How much cash can I get?

You can get 65% of your home’s valuation. As an example, if your home is worth £240,000 you can borrow £156,000.

RIO retirement interest only mortgages for people on a pension
Home equity
5 Year Chart of 10 Year Interest Rates

5 Year Chart

Homeowner in their 70s
RIO retirement interest only mortgages

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RIO retirement interest only mortgages for people on a pension
Home equity
Homeowner in their 80s
Money tied up in home

It’s common to encounter people looking for home reversion plans, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Key Retirement like Aegon are keen to see proof of your circumstances in the form of investment statements.

Money tied up in home

Lenders for Equity Release

  • Aviva
  • Step Change
  • Aviva
  • AIG Life

Does YBS offer Pensioner Mortgages?

Yes, YBS Pensioner Mortgages are 1.79% APRC.

Applications of Lifetime Mortgages

Can be a vehicle to reduce tax bills and interest rates are attractive. Use the money to keep another family member away from a high loan to value mortgage or pay down your debts, so you have lower monthly outgoings.

Under 55 Home owner

Equity Release Loan To Value

  • 55% monthly payment equity release Aegon
  • 50% LTV monthly payment lifetime mortgage 1st Stop Home Loans

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is an AST Tenant.

Do Yorkshire Building Society do Pensioner Mortgages?

Yes, Yorkshire Building Society Pensioner Mortgages are 1.79% MER.

Does YBS offer Retirement Mortgages?

Yes, YBS Retirement Mortgages are 1.79% MER.

UK Equity Release Lenders

It’s very regular to discover people looking for lump sum lifetime mortgages, lump sum lifetime mortgages or home reversion plans. However, Age Concern like Royal London Equity Release is eager to see evidence of your situation in the form of investment statements.

  • Canada Life Voluntary Select Gold
  • Hodge Lifetime Mortgage Plus
  • Liverpool Victoria LV= Flexible Lifetime Mortgage
  • Pure Retirement Lifetime Mortgage
  • Nationwide Equity Release Schemes
  • Aviva Lifetime Mortgages
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • Pure Retirement Equity Release Schemes
  • Stonehaven Equity Release
  • Equity Release
  • Yorkshire BS Equity Release
  • Pure Retirement Drawdown Plan
  • Nationwide Equity Release
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Equity Release Plans
  • Barclays Equity Release Schemes
  • NatWest Equity Release Plans
  • Stonehaven Equity Release Plan
  • More to Life Capital Choice Plus Plan

Do YBS do Equity Release Under 55?

Yes, YBS Equity Release Under 55 is 1.79% APR.

Yorkshire Building Society Equity Release



Pitfalls of Yorkshire Building Society Equity Release Plans

Lump-sum lifetime mortgages can reduce the value of your estate. YBS Lifetime mortgage with flexible drawdown cash release may impact entitlements to benefits. You may need to pay a solicitor’s fee, and you could have higher rates to pay with some schemes.

Does the Yorkshire Building Society offer Retirement Mortgages?

Yes, Yorkshire Building Society Retirement Mortgages are 2.42% APR.

An Equity Release Mortgage Under 55 can be a very low overall cost.

Equity Release percentages of your current property value

The older you are and the more illnesses you have you are, the more tax-free cash you can release.

Yorkshire Building Society Equity Release Schemes

YBS have many lending products.  Some are suitable for people that are interested in removing equity from their home.

Does the Yorkshire Building Society offer Equity Release Under 55?

Yes, Yorkshire Building Society Equity Release Under 55 is 2.42% APRC.

Direct contact details for YBS

Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Does YBS offer Lifetime Mortgages?

Yes, YBS do lifetime mortgages at 2.42% APRC.

Yorkshire Building Society is entered in the Financial Services Register, and its registration number is 106085.

Head Office:

Yorkshire House

Yorkshire Drive



References to ‘YBS Group’ or ‘Yorkshire Group’ refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and it’s subsidiary companies.

Call us

  • 8 am – 8 pm: Mon to Fri
  • 9am – 1pm: Sat
0345 1200 100*

Report a lost/stolen card

Call our helpline 24 hours a day, seven days a week

0345 9 10 11 12*

Do Yorkshire Building Society do Lifetime Mortgages?

Yes, Yorkshire Building Society does lifetime mortgages at 2.42% APRC.

Yorkshire Building Society (YBS), as a trusted entity in the UK’s financial landscape, has a longstanding reputation for providing its members with a variety of mortgage products, including those specifically tailored for individuals approaching or within their retirement years. The Society’s approach to retirement mortgages, including the popular YBS RIO Mortgages, reflects a comprehensive understanding of the financial requirements that come with later life. Reviews from customers who have engaged with Yorkshire Building Society’s retirement mortgage products offer valuable insights into the performance and satisfaction levels associated with these financial solutions.

Yorkshire Building Society Retirement Mortgage Products

YBS RIO Mortgages

Yorkshire Building Society’s Retirement Interest Only (RIO) Mortgages represent a cornerstone product for the retired demographic. These mortgages allow borrowers, typically over the age of 55, to pay only the interest on their loan each month. The principal is repaid when the property is sold, providing a financially manageable solution for homeowners looking to maintain their lifestyle during retirement.

Yorkshire Building Society Equity Release Calculator

For those contemplating the release of equity from their home, Yorkshire Building Society offers an Equity Release Calculator. This online tool is instrumental in providing potential borrowers with an estimate of the equity they could access, assisting in the financial planning process.

Yorkshire Building Society Interest Rates

Interest rates are an essential consideration for any mortgage product, and the Yorkshire Building Society rates are competitive within the market. These rates are critical for customers to understand as they affect the long-term affordability of their loan.

Yorkshire Building Society Mortgages for Over 50s

Yorkshire Building Society recognises the diverse financial needs of individuals over 50. Their range of mortgage products caters to this group, who may be planning for retirement and seeking financial flexibility.

Yorkshire Building Society Later Life Mortgages

Later Life mortgages from Yorkshire Building Society are tailored to meet the financial needs of those in their post-retirement years. These products offer solutions for managing finances, supplementing retirement income, or planning for future expenses.

YBS Remortgage Options for Over 60s

For individuals over 60 considering a change to their existing mortgage, whether to secure more favourable terms or release further equity, YBS provides remortgage options.

Lending Practices and Policies

Inclusive Lending

Yorkshire Building Society is known for its inclusive lending practices, notably offering products with no upper age limit. This ensures that even borrowers in the 75 plus category have access to financial products tailored to their needs.

Support for Older Borrowers

The Society also offers support for older borrowers who may have a less-than-perfect credit history or who are seeking loans that do not necessitate a credit check, recognising that past financial challenges should not be a barrier to securing a mortgage.

Professional Advice and Guidance

The Role of Brokers and Advisors

The importance of professional advice in the process of choosing a retirement mortgage is underscored by Yorkshire Building Society. They recommend consulting with brokers or advisors, which is a stance supported by experts like Martin Lewis, the Money Saving Expert, who emphasises the need for thorough financial planning when considering equity release.

Customer Experiences and Reviews

Positive Feedback

Customers of Yorkshire Building Society have often expressed their satisfaction with the Society’s retirement mortgage products. The clarity in communication and the comprehensive advice provided by YBS advisors frequently receive commendation. Many customers have appreciated the flexibility and the peace of mind these products have afforded them.

Considerations Raised in Reviews

Some reviews have drawn attention to the long-term financial implications of retirement mortgages, such as the accumulation of interest and the impact on inheritance. Yorkshire Building Society addresses these concerns by providing transparent information and detailed advice to prospective borrowers.

Product Accessibility

The Society’s commitment to making retirement mortgages accessible to a broader range of customers, including those who have been declined by other lenders, is evident in customer feedback. Their comprehensive product range and flexible lending criteria cater to various financial circumstances.

In summation, Yorkshire Building Society has established itself as a provider of thoughtful and well-constructed retirement mortgage solutions. Their offerings, from RIO mortgages to interest-only options, showcase an understanding of the unique financial challenges faced by older homeowners seeking stability and flexibility in their retirement finances.