Can I pay off the equity release early?
Yes, in most cases, it is possible to pay off an equity release loan early. However, there may be early repayment charges associated with paying off the loan before the end of the agreed term
Can I take out equity release if I have a mortgage?
Yes, you can take out an equity release loan even if you have an outstanding mortgage on your property.
Can you take out equity release more than once?
Yes, it is possible to take out multiple equity release loans over the course of your lifetime. However, each additional equity release loan will increase the amount you owe and will also reduce the amount of equity you have in your property.
Can you take out equity release on a leasehold property?
It depends on the lender and the terms of the leasehold agreement. Some equity release lenders may not offer equity release loans on leasehold properties
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