Scottish Building Society Equity Release
Scottish Building Society Lifetime Mortgage Review
Are You Considering Scottish Building Society Equity Release? What are the Pros, Cons & Costs? Discover If Scottish Building Society Lifetime Mortgage Plans are for You.
Before You Start Reading...
Let's See How Much You Can Release 👇
Scottish 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 Scottish 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 Is Equity Release?
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.
Learn More: What’s Equity Release?
How Does Equity Release Work
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.
What About the Scottish Building Society Equity Release Calculator?
Before you consider using the Scottish Building Society equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Scottish Building Society. 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
Scottish Building Society Reviews & Ratings
Scottish Building Society's Equity Release & Lifetime Mortgage Schemes
Not what you're looking for?
Who Are Scottish Building Society?
The Scottish Building Society is a building society based in Edinburgh, Scotland. It is the oldest building society in the world, the only independent building society based in Scotland and the 25th largest in the United Kingdom based on total assets of £431.4 million at 31 January 2020. It is a member of the Building Societies Association.
The Scottish Building Society is the world’s oldest surviving building society. they started life in 1848 as the Edinburgh Property Investment Company.
Their focus and purpose as a member-based mutual are to serve their local communities. As a result, they only offer savings accounts to members who live in Scotland. And why they will only consider new lending on residential properties in Scotland.
193 Dalry Road
EH11 2EFE H 1 1 2 E F
- Scottish Building Society
FCA Permitted Services
- Mortgages & Home Finance
- Other Services
- Financial Conduct Authority
- Financial Services Authority
- FCA Ref Number: 206034
- FCA Reg Number: 0000032B
Scottish Building Society Info
Got Questions About Scottish Building Society & Lifetime Mortgages? Check These First
Is Scottish Building Society A Member of the Equity Release Council?
The Scottish Building Society is not a member of The Equity Release Council, as they do not offer any equity release products.
What Are Scottish Building Society's Interest Rates?
The current interest rates available at the Scottish Building Society are 0.10% for a 1 year fixed rate bond, 0.10% for a 3 year fixed rate bond, and 0.15% for an 18-month self-certificate account.
Who Owns Scottish Building Society?
Scottish Building Society is owned by its members.
Where is Scottish Building Society Located?
Scottish Building Society is located in Hamilton, Scotland.
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.
You may also like
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.
See how much you can release today!