Scottish Building Society Equity Release Review

Are You Looking To Unlock Capital With Scottish Building Society Equity Release?
Contributors: Nicola Date, Katherine Read. Rachel Wait & Reviewed by Francis Hui
Are You Considering a Scottish Building Society Equity Release Plan? Learn About the Interest Rates, Schemes & Why You Should Consider Scottish Building Society. Keep Reading to Get the Answers You Need.

Before You Start Reading…

How Much Can You Release? 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Is Scottish Building Society equity release the best?

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?

The companies we profile, are the best in the business to help you unlock the cash tied into your home.We’re here to help you:

  • Understand the services that Scottish Building Society offers.
  • Determine if they might be able to assist you and your family on your equity release journey.

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.

Is Scottish Building Society the ideal equity release loan company to assist you and your family?

TABLE OF CONTENTS

What’s Equity Release?

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.

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.

What About the Scottish Building Society Equity Release Calculator?

Before you consider using the Scottish Building Society 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 Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Editor’s Rating: 4.72

Why Consider Scottish Building Society?

Scottish Building Society’s Equity Release Scheme Reviews

Homeowners are set to benefit with loan-to-value lifetime mortgage plans as household brand, Scottish Widows re-enters the equity release market in 2020 offering both drawdown and lump sum options.

Scottish Widows are recognised as one of the strongest life and pensions companies in the UK.

Originally started in 1815 as a mutual, it now helps 6 million UK customers plan their future finances.

Offering services from pensions through to savings and investments under the Lloyds Banking Group.

In 1995 Scottish Widows Bank was launched. It offered customers a range of mortgage products which included a period in the early 2000’s of providing lifetime mortgage products.

In addition, Scottish Widows took over the running of the popular Halifax Retirement Home Plan, which was withdrawn by Halifax in August 2011.

How Did We Review Scottish Building Society?

We reviewed Scottish Building Society by gathering all the latest information available about it.

This information was then thoroughly researched, vetted and then added to this review for your ease of reference.

Our review of Scottish Building Society is independent, and we are not affiliated with it.

Scottish Building Society Complaints

If you’re dissatisfied with Scottish Building Society 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.

Scottish Building Society’s Equity Release Interest Rates & Schemes Compared

Are you looking for a specific equity release scheme?

These are some of the schemes offered or covered by Scottish Building Society.

[Schemes_Query]

Not what you’re looking for?

Have a look at all the equity release schemes available on the market, with our easy-to-use table or compare the equity release rates!

What Are Scottish Building Society’s Fees?

Scottish Building Society fees may include an application fee.

It may also offer you a free valuation; however, sometimes providers charge for this depending on your plan.

FCA Details

FCA Address

SBS House

193 Dalry Road

Edinburgh

Midlothian

EH11 2EFE H 1 1 2 E F

UNITED KINGDOM

Trading Names

  • Scottish Building Society

FCA Permitted Services

  • Banking
  • Insurance
  • Mortgages & Home Finance
  • Pensions
  • Investments
  • Other Services

Regulators

  • Financial Conduct Authority (FAC) ¹
  • Financial Services Authority Now the Prudential Regulation Authority (PRA) ¹

Registration Numbers

  • FCA Ref Number: 206034
  • FCA Reg Number: 0000032B

FCA Link

Scottish Building Society Contact Number

Got Questions

Is Scottish Building Society a Member of the Equity Release Council?

What Are Scottish Building Society's Interest Rates?

Who Owns Scottish Building Society?

Scottish Building Society Jobs?

Where is Scottish Building Society Located?

Does Scottish Building Society Do Equity Release?

Is Scottish Building Society Equity Release Safe?

Conclusion

So here’s the scoop – our intention is to help you by finding the best Scottish Building Society equity release lifetime mortgage so that you can spend the money on something that you really want, rather than on a high tax bill.

Before You Go…

Use the FREE Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Editorial Note: This content has been independently collected by the SovereignBoss 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.