Santander Equity Release Reviews (Updated 2022)

Is Santander Equity Release Any Good & Safe? We Review the Pros, Cons & Scheme Features
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Santander Equity Release

While Santander Bank doesn’t offer equity release themselves, we’ve got news for existing Santander customers!

Now your financial institution can help you pay off your existing mortgage with an equity release product without having to switch banks.

How’s this possible? We’ll show you:

  • Products offered by Halifax.
  • How their partnership with Legal and General means equity release with ease.
  • If you should consider equity release with Halifax.

So, if you’re an existing Halifax customer, this article is for you.

To find the best equity release solutions on the market, we reviewed over 220 plans by leading providers to determine who offers the best rates and flexibility.

Here’s what we found about Santander.

Before You Start Reading….

Let’s See How Much You Can Release 👇

 

Equity Release Calculator

Value of Your Home?

50000

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🔒 100% Secure & Fast

It’s VERY FAST, takes just 8 seconds

What is Equity Release?

Equity release is a UK-based financial product designed for homeowners who are at least 55 and close to retirement.

It is used as a form of retirement income, and there’s no limit to how the money is spent.

The loan is tax-free and comes with compound interest depending on the plan type.

The money owed is then repaid from the sale of the home when the last of the couple (or individual) dies or enters long-term care.

Are You Looking for the Santander Equity Release Calculator?

Before you consider using the Santander equity release calculator, we want you to know that we’ll probably be able to find you a better rate and that means a great saving!

Before You Start Reading….

Let’s See How Much You Can Release 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Secure & Fast

It’s VERY FAST, takes just 8 seconds

An Introduction to Santander

Santander UK is a retail and commercial bank established in the United Kingdom that is a wholly-owned subsidiary of Banco Santander, a prominent worldwide bank.

Santander offers innovative products and services to help individuals and companies succeed, and manages their company via three client business divisions.

Backed by the Corporate Centre, to deliver high-quality, seamless service throughout their branch network, digital, and telephonic channels.

Their unique worldwide offering gives them access to a wide range of markets and provides significant experience and insight.

Does Santander Offer Equity Release Products?

No, Santander doesn’t offer equity release products, but they have partnered with Legal & General, who provides equity release products for existing Santander customers.

In 2016, Legal and General partnered with Santander for 5 years to extend equity release services to their existing customers.

The partnership was reviewed for another 5 years in 2021, expiring again in 2026. 

The Pros & Cons of Equity Release with Santander

The pros and cons of equity release with Santander is that Legal and General is a leading equity release provider, but equity release with Santander is that it’s only available for existing bank members.

Santander Reviews

Santander Equity Release Complaint

If you’re dissatisfied with your experience and want to file a complaint, the easiest way to do so is to contact them directly through their website.

They are concerned about their clients’ needs and will refer you to the appropriate department.

Alternatively, you can submit a review on a review site like Trustpilot or Feefo, and they will swiftly contact you to assist.

Should Santander Customers Switch to Equity Release?

A Santander customer should only switch to equity release if it is what’s suggested by their financial adviser.

While equity release has incredible benefits, it is a life-long commitment and mustn’t be taken lightly.

Santander Contact Number

Got Questions About Santander?

Is Santander a Member of the Equity Release Council?

Who Owns Santander?

Does Santander Do Equity Release?

Is Santander Equity Release Safe?

Is Santander Equity Release Safe?

Not an Existing Santander Customer?

Do not worry!

Take a look at the many amazing equity release providers we profile. You’re bound to find the best possible solution for you and your family!

Conclusion

If you’re looking for Santander equity release and want the best rate use the form below.

Before You Go…

Use the FREE Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Secure & Fast

It’s VERY FAST, takes just 8 seconds

Editorial Note: This content has been independently collected by the EveryInvestor advisor team and is offered on a non-advised basis. EveryInvestor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.