RBS Equity Release Calculator (Rates & Plans)

If you are an RSB (Royal Bank of Scotland) customer, and you also have an interest-only mortgage with this bank, then you might have heard that one way to pay this back is via equity release. This is when you pay back the mortgage with a loan you won’t have to payback until you have died or gone into long-term care.

However, RSB does not offer equity release. This means you cannot take out a lifetime mortgage or home reversion plan with RSB. RSB will instead typically refer you to a partner lending institution that deals with equity release matters.

The key disadvantage of this is that you will only receive deals that this one lender offers, when in reality, there exist many such lenders. One way to search the ‘whole of market’ is to engage the services of an independent financial advisor.

Make use of the equity release calculator below to find out how much you can borrow. The calculator asks for your name and number. Enter this information in correctly so we can contact you and expain how the equity release process works.

Now Complete RBS Equity Release Calculator (Rates & Plans)

How Much Tax Free Cash can I Release?

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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