Santander Equity Release (Dec 2021)
Santander Lifetime Mortgage Review
Are You Considering Santander Equity Release? What are the Pros, Cons & Costs? Discover If Santander Lifetime Mortgage Schemes are for You.
Before You Start Reading...
Let's See How Much You Can Release 👇
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?
- Learn more about the equity release schems & services that Santander offer.
- 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 more than 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?
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 the age of 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: How Does Equity Release 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 and, takes just 8 seconds
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
- Boosting retirement income.
- Paying off credit debts or loans.
- Gifting money to family. (E.g. To help children pay a deposit on their first house)
- Taking a trip of a lifetime.
- Replacing your car with the one you've always wanted.
- Making home & garden improvements.
Santander Reviews & Ratings
Who Are Santander?
L&G equity release mortgages are sold by Santander.1 Santander has entered into a five-year agreement with Legal & General Home Finance to provide the company’s lifetime mortgages to its existing customers who are having trouble paying off their interest-only mortgage.
Santander is a major retail and commercial bank in the UK and is a wholly-owned subsidiary of Spanish multinational financial services company Banco Santander. The bank was established in 2010, after Abbey National combined with the savings business and branches of Bradford & Bingley. Alliance & Leicester merged into Santander in May of the same year.
The company’s new goals are in line with Banco Santander’s European strategy. Its aim is to be the greatest bank for all of its stakeholders, focusing on client loyalty, simplicity, increased efficiency, and long-term development.
Santander offers innovative products and services to help individuals and companies succeed. It manages its company via three client business divisions, backed by the Corporate Centre, to deliver high-quality, seamless service throughout its branch network, digital, and telephonic channels.
The bank’s unique worldwide offering gives it 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: https://goo.gl/maps/3gomAM555TCERCnN8
- Email: customerservice@santander.co.uk
Got Questions About Santander & Lifetime Mortgages? Check These First
Conclusion
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, rather than on a high tax bill.
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Interested in releasing money from your home while you're still living there?