Yorkshire Bank Equity Release (Oct 2021)
Yorkshire Bank Lifetime Mortgage Review
Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui
Are You Considering Yorkshire Bank Equity Release? What are the Pros, Cons & Costs? Discover If Yorkshire Bank Lifetime Mortgage Schemes are for You.
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Yorkshire Bank 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 Yorkshire Bank equity release the best?
- Understand the services that Yorkshire Bank offers.
- Determine if Yorkshire Bank might be able to assist you and your family on your equity release journey.
- Learn how to get in touch with the Yorkshire Bank 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 Yorkshire Bank Equity Release Calculator?
Before you consider using the Yorkshire Bank equity release calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Yorkshire Bank. 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
Yorkshire Bank's Equity Release & Lifetime Mortgage Schemes
- No Schemes Listed Yet
Not what you're looking for?
Who Are Yorkshire Bank?
Clydesdale Bank plc uses Yorkshire Bank as a trading brand for its retail banking activities in England. Yorkshire Bank began as the West Riding Penny Savings Bank in 1859 and changed its name to Yorkshire Bank in 1959.
Its origins may be traced back to 1859 in Halifax, West Yorkshire. Yorkshire Bank has a large personal client base and a nationwide corporate banking network. Yorkshire Bank is part of the Virgin Money Group and is a business brand of Clydesdale Bank PLC.
The bank offers a variety of products to fit your requirements, including:
- International Services
- Savings
- Risk Management
- Retirement Plans
- Business and Private Wealth Management
Yorkshire has structured Virgin Money around three divisions – personal, mortgages, and business – offering a full range of products and services for consumers and small and medium-sized businesses, all delivered through their leading technology platform to provide customers with a consistent world-class experience.
The Group also has a Code of Conduct, which outlines the expectations of all workers in terms of duty and ethical behaviour. In addition, their ‘Supplier Code of Conduct’ paper outlines what they expect from all of their vendors.
Do you want to make a comparison between this firm and another? Try saga equity release calculator.
Regulators
- Financial Conduct Authority
- Financial Services Authority
“
Yorkshire Bank Info
- Address: 40 New St, Huddersfield HD1 2BT
- Phone: 0800 456 1247
- Email: info@ybonline.co.uk
Got Questions About Yorkshire Bank & Lifetime Mortgages? Check These First
Is Yorkshire Bank A Member of the Equity Release Council?
What Are Yorkshire Bank's Interest Rates on Equity Release?
Who Owns Yorkshire Bank?
Where is Yorkshire Bank 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.
