Scottish Widows Equity Release
Scottish Widows Lifetime Mortgage Review
Are You Considering Scottish Widows Equity Release? What are the Pros, Cons & Costs? Discover If Scottish Widows Lifetime Mortgage Plans are for You.
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Let's See How Much You Can Release 👇
Scottish Widows 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 Widows equity release the best?
- Understand the services that Scottish Widows offers.
- Determine if Scottish Widows might be able to assist you and your family on your equity release journey.
- Learn how to get in touch with the Scottish Widows 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 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 Widows Equity Release Calculator?
Before you consider using the Scottish Widows equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Scottish Widows. 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
Scottish Widows's Equity Release & Lifetime Mortgage Schemes
Not what you're looking for?
Who Are Scottish Widows?
Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions. The company has been providing financial services to the UK market since 1815. The company sells products through independent financial advisers, direct to customers and through Lloyds Banking Group bank branches.
Scottish Widows was founded in 1815 to care for women and children who had lost their fathers, brothers, and husbands during the Napoleonic Wars, and it was named after the people for whom it was established. They now serve nearly 6 million customers across the United Kingdom after more than 200 years. Their commitment is still the same today: to assist people in making financial plans for the future.
Workplace and individual pensions, annuities, life insurance, critical illness insurance, income protection, and savings and investment products are all available through Scottish Widows. Customers can get their products and services directly from Independent Financial Advisers, as well as at any Lloyds Bank, Bank of Scotland, or Halifax branch.
FCA Address
69 Morrison Street
Edinburgh
Midlothian
EH3 8YFE H 3 8 Y F
UNITED KINGDOM
Trading Names
Current
- Halifax Financial Services
- Scottish Widows Limited
- Clerical Medical
Previous
- Clerical Medical Investment Group Limited
FCA Permitted Services
- Insurance
- Banking
- Pensions
- Investments
- Other Services
Regulators
- Financial Conduct Authority
- Financial Services Authority
Registration Numbers
- FCA Ref Number: 181655
- FCA Reg Number: 03196171
Scottish Widows Info
- Address: 69 Morrison St, Edinburgh EH3 8BW, United Kingdom
- Phone: 0345 835 6644
Got Questions About Scottish Widows & Lifetime Mortgages? Check These First
Is The Scottish Widow A Member of the Equity Release Council?
What Are Scottish Widows' Interest Rates?
Who Owns Scottish Widows?
Where is Scottish Widow 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.
Most send us a personal thank you because we do such an incredible job.
Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui
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.
See how much you can release today!
