It’s REALLY hard to choose the best equity release provider with all the choices available.

Or is it?

Let’s find out NOW!

As experts in the equity release field (we’ve reviewed more than 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.

NOTE: SovereignBoss is an impartial and unconnected third-party information provider via this website, and the details provided in this commentary represent the opinions of SovereignBoss only and may not reflect the views or opinions of Northern Rock. This article must not be interpreted as advice, nor is it a solicitation to conduct transactions in any financial product provided by Northern Rock.

What’s Equity Release and Lifetime Mortgage?

Equity release is a way for homeowners, usually aged 55 or older, to unlock cash from their property without having to move.

This can be done through a lifetime mortgage, where the loan is repaid when the home is sold, or a home reversion plan, where part of the home is sold for a lump sum.

Who Are Northern Rock?

Northern Rock was a British bank that used to be known as the Northern Rock Building Society.

Northern Rock was founded as a building society and is now headquartered in Regent Centre in Newcastle upon Tyne, United Kingdom.

In 1997, it demutualized and changed its name to Northern Rock Bank, which was listed on the London Stock Exchange ¹ under the ticker symbol NRK.

Equity Release Calculator?

Our providers can almost always match & BEAT any existing equity release quote that you find through Northern Rock.

So first use this calculator below & see how much you can release.

Editor’s Rating: 4.95

Northern Rock Reviews & Ratings

• Northern Rock Reviewed on UK.Indeed.com

How Did We Review Northern Rock?

We reviewed Northern Rock by gathering all the latest information available about it.

Our review of Northern Rock is independent, and we are not affiliated with it.

Northern Rock Complaints

If you’re dissatisfied with Northern Rock and wish to make a complaint, the best option is to go on their website directly.

They care about their clients and will direct you to the appropriate department if possible.

Alternatively, use a review site like Trustpilot or Feefo to leave a review and they’ll respond quickly.

Northern Rock's Equity Release Interest Rates & Schemes Compared

Are you looking for a specific equity release scheme?

Annual interest can be available from as low as 5.97% to 6.28%*.
View the most current rates here.

Have a look at all the equity release schemes available on the market,

Learn More About Northern Rock

Northern Rock was a British bank that used to be known as the Northern Rock Building Society.

In 1997, it demutualized and became Northern Rock Bank.

Virgin Group bought the company in 2012 and relaunched it as Virgin Money the following year².

Northern Rock (Asset Management) and later NRAM plc took over the mortgage portfolio of higher-risk assets.

Northern Rock was an incredible equity release company.

However, it is currently owned by Virgin Money.

FCA Details

Regulators

• Financial Conduct Authority (FAC) ³
• Financial Services Authority Now the Prudential Regulation Authority (PRA) ⁴

Northern Rock Contact Number & Address

• +44 345 605 0500
• dumfrieshighst.cb@cybg.com
• 84/86 High St, Dumfries DG1 2BJ

Common Questions

Conclusion

So here’s the scoop – our intention is to help you by finding the best Northern Rock product so that you can spend the money on something that you really want, rather than on a high tax bill.