Leeds Building Society Equity Release
Leeds Building Society Lifetime Mortgage Review
Are You Considering Leeds Building Society Equity Release? What are the Pros, Cons & Costs? Discover If Leeds Building Society Lifetime Mortgage Plans are for You.
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Leeds Building Society 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 Leeds Building Society equity release the best?
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 Leeds Building Society Equity Release Calculator?
Before you consider using the Leeds Building Society equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Leeds Building Society. So first use this calculator below & see how much you can release.
How Much Can You Release?
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It's VERY FAST, takes just 8 seconds
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About the providers we compare
Most popular reasons for releasing equity
Leeds Building Society Reviews & Ratings
Leeds Building Society's Equity Release & Lifetime Mortgage Schemes
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Who Are Leeds Building Society?
Leeds Building Society is a building society based in Leeds, England. It serves approximately 719,000 customers across the United Kingdom, who together hold £9.9 billion in savings balances and is the fifth largest building society in the UK.
Since the beginning, Leeds Building Society has been a mutual right. Their roots may be traced back to 1845 when the Leeds Union Operative Land and Building Society was founded by a group of persons. Ordinary individuals struggled to find long-term loans and a place to call home back then. Mutuals responded by allowing people in working areas to save and borrow, allowing them to purchase the home of their dreams while also supporting their families.
The Leeds and Holbeck (Permanent) Building Society was formally constituted. 450 accounts had been opened by the end of their first year, and they had lent a total of £16,000 in mortgages.
26 Sovereign Street
LS1 4BJL S 1 4 B J
- Leeds Building Society
- Leeds and Holbeck Building Society
FCA Permitted Services
- Mortgages & Home Finance
- Consumer Credit
- Other Services
- Financial Conduct Authority
- Financial Services Authority
- FCA Ref Number: 164992
- FCA Reg Number: 0000320B
Leeds Building Society Info
Got Questions About Leeds Building Society & Lifetime Mortgages? Check These First
Is Leeds A Member of the Equity Release Council?
Leeds Moneycare – a free service from Leeds City Council providing a dedicated helpline and website for those looking to take out equity release schemes, has admitted it is not a member of the Equity Release Council (ERC).
What Are Leeds Interest Rates?
The latest rates from Leeds show that it is charging a whopping 4.5 percent to transfer a home into an equity release plan, which includes the arrangement fee and the product fee, plus one percent interest charged at monthly intervals for life on any loan not repaid in full by the end of term.
Who Owns Leeds?
Leeds is an arm of Leeds City Council – which itself is owned by the local taxpayer, who has no independent board of directors to report to.
Where is Leeds Located?
The Leeds website is registered to City Walk Shopping Centre, Leeds.
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.
Most send us a personal thank you because we do such an incredible job.
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. Learn more about our editorial guidelines.
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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.