Scottish Widows Equity Release

The Scottish Widows equity release product is the Lifetime Mortgage. Like any equity release product the Lifetime Mortgage lets homeowners release part of the equity they have built up in their home over the years so that they can live a more comfortable life, financially. Benefits of the Scottish Widows equity release Lifetime Mortgage include:

Boost your retirement income
Use the tax free cash you release from your home for any purpose
You can stay in your own home
You can even move home during the term of the Scottish Widows equity release Lifetime Mortgage

A Scottish Widows equity release Lifetime Mortgage is a simple and flexible way of making use of your home’s equity, because you can take money as and when you need it.

If you are thinking of getting an equity release mortgage, but you are not sure which one to go for, you can use our equity release service. Just fill in the simple form, and you will be put in contact with a specialist advisor who will be able to help you decide whether equity release is for you and if so, find the best equity release product for your needs.

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.