Yes, you can. All Equity Release Council approved plans provide for you to be able to move home, transferring the equity release charge to your new home. There are lender restrictions over which type of properties are acceptable, and you may be required to repay some...
There are many different products on the market and, depending on your circumstances and wishes your financial adviser will source the most suitable product for your needs. Some products do provide for monthly interest payments, which have the advantage of ensuring...
No, you cannot, unless you have a buy to let equity release. The terms and conditions are for the applicants’ sole use as their home (save for BTL/Holiday home specific equity release products). You can, with the lender’s prior agreement have permanent ‘Occupiers’ but...
Provided your property is within the UK some lenders do have holiday home equity release products. There will be specific requirements that the lender has relating to the loan. Please enquire with your Financial Adviser as to availability and suitability. Once your...
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...
