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...
Equity Release is intended to be a lifetime product where the value of the debt increases over the term of the loan. Therefore, the checks and measures that lenders have are different because the lender will need to be repaid at the end of the term and wish to...
The Lenders have stringent lending criteria that must be met for them to lend on your property. An expert equity release solicitor will, through their experience, be aware of the requirements and will identify all documents required at the outset of the transaction to...
Some lenders do offer buy to let equity release products. There will be specific requirements as to what type and duration of tenancies the Lender will accept. Please enquire with your Financial Adviser as to availability and suitability.
All Equity Release products will have an early redemption penalty clause. It is important to discuss your longer-term financial goals with your financial adviser so that they can source a suitable product to align with your goals. However, the good news is that all...
