The question you need to ask yourself is this: am I struggling to find the extra cash? Another good question is: how old am I? If you’re older than 55
Northern Rock Equity Release
Northern Rock Equity Release Scheme Review
Are You Considering Northern Rock Equity Release? What are the Pros, Cons & Costs? Discover If Northern Rock Equity Release Plans are for You.
Northern Rock 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 Northern Rock equity release the best?
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Our providers can almost always match & BEAT any existing Northern Rock equity release quote.
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These are the top uses of releasing cash according to a recent survey of our customers.
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Who Are Northern Rock?
Northern Rock was a British bank that used to be known as the Northern Rock Building Society. Northern Rock was founded as a building society and is now headquartered in Regent Centre in Newcastle upon Tyne, United Kingdom. When it launched on the London Stock Exchange in 1997, it demutualized and became Northern Rock Bank1 with the ticker symbol NRK.
Northern Rock developed new mortgage products and grew its commercial and personal finance lending operations. They also actively considered securitization as a finance strategy and a source of extra volume expansion. New retail savings products offered on and offshore and created wholesale funding sources.
While margins remained under pressure, Northern Rock was optimistic that its capacity to innovate and efficiently resulted in the Group’s continued success, allowed shareholders and customers to achieve their goals.
Northern Rock was an incredible equity release provider. However, it is now owned by Virgin Money.
Northern Rock UK Equity Release FAQs
These are the most common questions we've got asked about Northern Rock equity release.
How does Northern Rock equity release work?
Homeowners aged 55 and up can apply for Northern Rock equity release. It entails releasing money from your house, less any mortgage.
Is Northern Rock a member of the Equity Release Council?
Northern Rock is not a member of the Equity Release Council.
What's the catch with Northern Rock equity release?
Northern Rock equity release is a method of keeping a house or other asset with capital value while also receiving a lump sum or a regular stream of income from the house’s value.
The ‘catch’ is that the equity source must be paid back at some point in the future, generally when the homeowner passes away.
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Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.
Use our free equity release calculator & see how much you can release today.