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The Free Money Advice Service has been setup by the government to provide impartial advice on most financial matters but is particularly good on Equity Release. 

Equity Release is a minefield but a necessary minefield! Get it right and older people can raise money on their property - potentially allowing them to afford to stay in their homes for the rest of their lives. Get it wrong and they can accumulate an enormous debt and effectively disinherit their children as the finance company claims their home in order to repay the accumulated loan when they die. The link below may help you decide whether this might be a useful route to go down. However just as importantly consider using a financial adviser.
This is a simple AgeUK Equity Release calculator which will help you find out how much an equity release loan would allow you to raise on your house.

Independent Financial Advisers - IFAs Scarborough

Think IFA Ltd - Scarborough - Independent Financial Advice

Woodend Creative Centre, Scarborough YO11 2PW, UK – 01723 447151

Hindle Poulton Limited

Suite 203, Woodend, The Crescent, Scarborough, North Yorkshire, YO11 2PW, Scarborough YO11 1XS, UK – 01723 384553

Yorkshire Premier Financial Services Ltd

61 Westborough, Scarborough YO11 1TS, UK – 01723 352005

Click for excellent Money Saving Expert advice on choosing an Independent Financial Adviser (or IFA) around Scarborough.
This is a revolution! We are used to going to a bank with a business plan and been lent money on very high rates of interest - but only under increasingly demanding conditions. Crowd funding is the public investing directly to the businesses - at all stages of their development. Crucially there is a huge range of projects and Crowd Funders. You could do worse than just read and then click some of the WiKi link below.

Crowd Funding and Business Loans

We could not find any Crowd Funding or Business Loans around your location. Please click below to see full results from Google.

Read current articles in MoneyWeek magazine.
HSBC Bank

33 St Nicholas St, Scarborough YO11 2HN, UK – 0345 740 4404

The fast and easy to make a bank account with staff friendly

NatWest Bank

3 Westborough, Scarborough YO11 1UH, UK – 0345 788 8444

Well staffed helpful bank just like all the others in the country, in the precinct so you have to walk there, there is no immediate car park though there are plenty of car parks in the area which you have to pay for even if you have a disabled badge, there are no steps to the entrance.

Nice clean bank. Pleasant staff.

Nationwide

50 Westborough, Scarborough YO11 1YJ, UK – 0800 554 0822

Simply the best have been with them over 20 years.

Very friendly staff

Banks

Halifax

92/93 Westborough, Scarborough YO11 1LD, UK – 01723 390830

I have been a Halifax customer for years. The staff are very friendly and there is always a human to talk to. Not like other banks where you are just faced with a plethora of machines and computers. Halifax in Scarborough still offers traditional customer care.

Lovely open WiFi for travelers like me. I'm using it right now btw ♡

Lloyds Bank

1 St Nicholas St, Scarborough YO11 2YY, UK – 0345 300 0000

Staff always helpful, can be busy but waiting area comfortable. Good bank to bank with, offers internet banking which is handy.

Nice and open space for me to get my mobility scooter around. Staff are friendly.

Yorkshire Bank

24 Huntriss Row, Scarborough YO11 2EG, UK – 0800 456 1247

Love this Bank, great customer service and very professional, a pleasure to go there, must say the young man Brad and lady Sarah always very friendly Yorkshire Bank should be very proud of them.

Great bank great staff keep up the good work.

Building Societies

Skipton Building Society - Scarborough

16-17 Westborough, Scarborough YO11 1UH, UK – 01723 360461

Yorkshire Building Society

89/90 Westborough, Scarborough YO11 1JW, UK – 01723 821188

Nationwide

50 Westborough, Scarborough YO11 1YJ, UK – 0800 554 0822

Simply the best have been with them over 20 years.

Very friendly staff

Mortgage Brokers

North Bay Mortgages

58 Beechville Ave, Scarborough YO12 7NG, UK – 07800 756938

Fantastic service from Andy at Northbay ,for the self employed he is on the ball as it can be difficult to morgage or remogage ,great service highly recommended

Excellent service, all things explained, made the while process simple and straightforward.

Mark Grayshan Mortgage and Insurance Broker

Woodend Creative Centre, Scarborough YO11 2PW, UK – 01723 384558

Mortgage Insight Ltd

11 Auborough St, Scarborough YO11 1HT, UK – 01723 506553

Mortgages

The Royal Bank Of Scotland PLC

19 Huntriss Row, Scarborough YO11 2ED, UK – 01723 366250

The Scarborough staff were wonderful today. They sorted out all my problems cheerfully. John and Julie veitch.

Very helpful staff that I spoke with this morning when I needed help with sorting my account. ....thank you

Insight Financial Advice Ltd

36 Whin Bank, Scarborough YO12 5LE, UK – 01723 500727

Mortgage In Freight

Business Centre, Auborough St, Scarborough YO11 1HT, UK – 01723 506553