Subject to the terms of the lease being acceptable to your proposed lender, yes you can.
All service charges etc. will need to be paid up to date and the terms of your lease complied with. Occasionally ground rent charges may exceed threshold levels which means that a Deed of Variation will need to be agreed with the freeholder to be acceptable to your equity release lender. In such circumstances these transactions can take considerably longer (many months).
We will ensure your lease is reviewed at the outset of the transaction to identify these types of issues. We understand how disappointing and stressful it can be to expect a transaction to complete within weeks and it then takes months. We will always provide our advice in a timely and honest manner.