Santander Equity Release (Oct 2021)
Santander Lifetime Mortgage Review
Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui
Are You Considering Santander Equity Release? What are the Pros, Cons & Costs? Discover If Santander Lifetime Mortgage Schemes are for You.
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Santander 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 Santander equity release the best?
- Understand the services that Santander offers.
- Determine if Santander might be able to assist you and your family on your equity release journey.
- Learn how to get in touch with the Santander 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 Santander Equity Release Calculator?
Before you consider using the Santander equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Santander. 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
Santander Reviews & Ratings
Santander's Equity Release & Lifetime Mortgage Schemes
- No Schemes Listed Yet
Not what you're looking for?
Who Are Santander?
L&G equity release mortgages are sold by Santander. .1 Santander has entered into a five-year agreement with Legal and General Home Finance to provide the company’s lifetime mortgages to its own current customers who are having trouble paying off their interest-only mortgage.
Santander UK is big retail and commercial bank established in the United Kingdom that is a wholly-owned subsidiary of Banco Santander, a prominent worldwide bank.
The company’s new goals are in line with Banco Santander’s European strategy, which was revealed in April of this year. They want to be the greatest bank for all of its stakeholders, so they’re focusing on client loyalty, simplicity, increased efficiency, and long-term development.
Santander offers innovative products and services to help individuals and companies succeed, and manages their company via three client business divisions, backed by the Corporate Centre, to deliver high-quality, seamless service throughout their branch network, digital, and telephonic channels.
Their unique worldwide offering gives them access to a wide range of markets while also providing significant experience and insight.
FCA Address
2 Triton Square
Regent’s Place
London
NW1 3ANN W 1 3 A N
UNITED KINGDOM
Trading Names
Current
- Santander Cards UK Limited
- Santander Cards
Previous
- GE Capital Bank Limited
FCA Permitted Services
- Insurance
- Investments
- Other Services
Regulators
- Financial Conduct Authority
- Financial Services Authority
Registration Numbers
- FCA Ref Number: 204572
- FCA Reg Number: 1456283
Santander Info
- Address: 2 Triton Square, Regent's Place, London NW1 3AN
- Phone: 8009123123
- Email: customerservice@santander.co.uk
Got Questions About Santander & Lifetime Mortgages? Check These First
Is Santander A Member of the Equity Release Council?
What Are Santander's Interest Rates on Equity Release?
Who Owns Santander?
Where is Santander 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.
