Saga Equity Release (Oct 2021)
Saga Lifetime Mortgage Review
Are You Considering Saga Equity Release? What are the Pros, Cons & Costs? Discover If Saga Lifetime Mortgage Schemes are for You.
Before You Start Reading...
Let's See How Much You Can Release 👇
Saga 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 Saga 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 Saga Equity Release Calculator?
Before you consider using the Saga equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Saga. 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
Why get a free quote?
About the providers we compare
Most popular reasons for releasing equity
Saga's Equity Release & Lifetime Mortgage Schemes
Not what you're looking for?
Who Are Saga?
HUB Financial Solutions Limited provides the Saga Equity Release Advice Service. 1 You must be 55 or older and own a residence in the United Kingdom valued at least £70,000.
Saga is one of the most reputable companies in the United Kingdom, and it exists to assist consumers and members in living the lives they choose. They understand that the most essential thing they can do to succeed is to listen to their consumers and members. Saga’s business approach is based on their desire to learn more about their customers’ desires and requirements in order to better serve them.
Saga has become the UK’s speciality provider of goods and services to those over 50 in the UK by following this method for the past 65 years. Saga has become one of the most well-known and trusted companies among UK customers in this generation, because of its high-quality goods and outstanding customer care. These include cruises and vacations, insurance, personal finance, the Saga Magazine, and Possibilities, our membership programme.
- Financial Conduct Authority
- Financial Services Authority
Got Questions About Saga & Lifetime Mortgages? Check These First
Is Saga A Member of the Equity Release Council?
Saga is a member of the Equity Release Council.
What Are Saga's Interest Rates on Equity Release?
The standard rate for the Equity Release Plan is currently 2.79% APR, which equates to 4.97% gross/APR (including fees). This is higher than what many other equity release lenders offer, particularly on their fixed rate.
Who Owns Saga?
Saga was originally set up by Saga Holidays, a successful holiday company. After reaching their 5th birthday in the 1980s they were sold to a larger company and since its incorporation has remained privately owned.
Where is Saga Located?
Saga is now headquartered in Regent Street, London.
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.