Royal Bank of Scotland Equity Release

With the steep rise in house prices over the past 15 years, there are many people sitting on their biggest assets – their homes. If you are property rich and cash poor, but don’t want to move, a Royal Bank of Scotland equity release mortgage could be the solution. With a Royal Bank of Scotland equity release mortgage, you can release the capital tied up in your home without having to relocate. Features of a Royal Bank of Scotland equity release mortgage include:

Flexible – you can take your tax free cash either as a lump sum, as regular monthly instalments, or you can mix it up
Protect your assets – just because you have gone for equity release, doesn’t mean your loved ones miss out on their inheritance – you can set aside a percentage of your home’s value to leave in your will
No debt – Royal Bank of Scotland can guarantee that you will never have to pay back more than the value of your home

If you take out a Royal Bank of Scotland equity release mortgage, you will not have to worry about monthly repayments – the interest will be added to the cost of your mortgage, and this will not be payable until you home is sold.

For more information about the Royal Bank of Scotland equity release mortgage and other equity release products on the market, fill in our form, and a specialist equity release broker will be in contact to discuss your all the options available to you.

Lifetime mortgages as from October 2004 are regulated by the Financial Services Authority. A lifetime mortgage is a loan secured on your home. The loan and interest are normally repaid from the proceeds of the sale of your home when you die or move into long term care. With a home reversion plan you sell all or part of your home for cash. However you do not get the full market return for doing so.

The above equity release mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000. When considering any type of equity release product, it is important that you seek independent legal advice.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.