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I am Power of Attorney to my parents; can I take out Equity Release on their home?

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There are restrictions over when a Power of Attorney can be used and the intended use of those funds. We recommend discussing the proposed equity release with your financial adviser in the first instance to understand the financial goals and they will be able to advise if Equity Release is suitable.

If the Equity Release does proceed, specific additional documentation and evidence will be required which we will identify at the outset of the transaction.