As of the time of writing, Barclays Bank does not offer a lifetime mortgage, hence it does not offer equity release. Generally, the bank will only refer you to one of its partner lenders who does provide such a service. However, we believe it is always a good move to engage the services of an independent financial advisor who can search the ‘whole of market’ on your behalf. Equity Release lenders tend to be insurance companies such as Legal & General or Aviva, rather than banks, because the later do not have the means to fund equity release products in the same way insurance companies do.
Use the equity release calculator below to discover how much money you could release from your home, for anything from bills to the purchase of a second home or a holiday home. Once you have received the estimate from our lifetime mortgage calculator, contact us for financial advice relating to equity release, and we will inform you of the further details that may affect your decision such as interest rates, receiving a lump sum vs regular instalments, and the repayment requirements.
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