Northern Rock 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 Northern Rock equity release the best?
Did You Know?Every 12 minutes a homeowner over 55 in the UK unlocks £91,667 tax-free cash?
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Who Are Northern Rock?
Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualised and became Northern Rock bank in 1997, when it floated on the London Stock Exchange1 with the ticker symbol NRK.
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Northern Rock FAQ's
Northern Rock are not members of the Equity Release Council.
Learn More: Who Are the Equity Release Council?
Northern Rock equity release is a means of retaining use of a house or other object which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the house.
The ‘catch’ is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
The most obvious pitfall is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
Also, one needs to keep in mind that there will be rolled up interest and that your equity release will have an impact on your inheritance.
Learn More: How Safe is Equity Release
Use Some of Your Home's Value to Live Life Your Way
What People Say
Northern Rock QUOTE
PS – If you’re anything like us, you just skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best equity release provider 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. ⚠️
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