Halifax Equity Release (Oct 2021)
Halifax Lifetime Mortgage Review
Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui
Are You Considering Halifax Equity Release? What are the Pros, Cons & Costs? Discover If Halifax Lifetime Mortgage Schemes are for You.
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Halifax Equity Release Review
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
Is Halifax equity release the best?
- Understand the services that Halifax offers.
- Determine if Halifax might be able to assist you and your family on your equity release journey.
- Learn how to get in touch with the Halifax team.
As experts in the equity release field (we’ve reviewed over 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.
What's Equity Release & How Does It Work?
We've summed up the most important information about the topic in this quick video.
An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care. The homeowner’s family usually pays back the cash released, and the interest incurred, from the sale of the home in question.
Equity release is available for individuals or couples over 55, with the youngest homeowner’s age determining the amount of equity that can be released. It is important to note that some equity release schemes may require the homeowner to be 60 or older.
Learn More: What’s Equity Release & How Does It Work?
What About the Halifax Equity Release Calculator?
Before you consider using the Halifax equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Halifax. So first use this calculator below & see how much you can release.
How Much Can You Release?
Use the FREE Calculator 👇
It's VERY FAST, takes just 8 seconds
Now, compare and save: Search over 200 equity release council approved plans and find the best deal for the amount of money that you need.
Why get a free quote?
Multiple quotes
Get quotes from our providers & choose the best one
Speak to an expert
We’ll get an expert to contact you to answer any questions
About the providers we compare
Helped more than 1 million people with equity release.
Organised over 1 in 3 plans approved by the Equity Release Council1.
Most popular reasons for releasing equity
- Add to your retirement income.
- Pay off your credit debts or loans.
- Gifting money to family. (E.g. helping children pay a deposit on their first house)
- Paying off an existing debt.
- Going on that dream holiday.
- Replacing your car with the one you've always wanted.
- Making home & garden improvements.
Learn More: 12 MOST COMMON Uses of Home Equity Release
Halifax's Equity Release & Lifetime Mortgage Schemes
- No Schemes Listed Yet
Not what you're looking for?
Who Are Halifax?
The Halifax Group is a well-known private equity firm1 that partners with owners and managers of industry-leading, successful businesses. They focus on patient, long-term capital investments in the lower middle market.
Halifax tries to provide outstanding service to all of its customers. As a result, you may anticipate equal access, facilities, and treatment regardless of your requirements or ability.
The organisation takes many steps to ensure that this occurs. The majority of their 800 locations are open concept, making it simple to get in and out as well as move about within. The majority of them also features a front desk. You may sit down with them and discuss what they can do for you. Their employees will also be able to answer your inquiries and assist you to the best of their abilities. Halifax and its staff are also pleased to provide you with any additional assistance you may require.
If you tell them about a need or a personal problem, they’ll explain how they’ll utilise the information you’ve given them, get your permission to ask more questions, and record the answers. The Halifax team will ask you further questions about your position so that they can get a better sense of your position and refer you to more resources.
They strive to make banking accessible to people of all abilities and requirements, and they will happily provide whatever assistance they can. It’s the same if you have a handicap or handicap, or if you simply need some assistance.
Regulators
- Financial Conduct Authority
- Financial Services Authority
Halifax Info
- Address: 52, 54 Union St, Aberdeen AB10 1WR
- Phone: 0345 720 3040
- Email: enquiries@halifax.co.uk
Got Questions About Halifax & Lifetime Mortgages? Check These First
Is Halifax A Member of the Equity Release Council?
What Are Halifax's Interest Rates?
Who Owns Halifax?
Where is Halifax Located?
Conclusion
PS – If you’re anything like us, you skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best lifetime mortgage so that you can spend the money on something that you really want to, rather than on a high tax bill.
⚠️(Spoiler**) Most send us a personal thank you because we do such an incredible job – you’ve been warned. ⚠️
Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations.
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How Much Can You Release?
Use the FREE Calculator 👇
Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.
Use our free equity release calculator & see how much you can release today.
