Following the initiation of a lifetime mortgage, the possibility of moving home may arise for various reasons, such as unforeseen circumstances, proximity to family, mobility needs, or downsizing.
The Equity Release Council's approval of all lifetime mortgages ensures you have the flexibility to transfer your equity release plan to a new acceptable property. Importantly, this can be done without incurring an early repayment charge, as long as the new property aligns with the lender's specific terms and conditions. This freedom provides peace of mind for those considering a change in residence in the future.
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However, this list is by no means exhaustive and we advise speaking to one of our expert Paxton Equity Release advisers as your next step.
Telephone
01580 880529
Mobile
07498278634
Address
Cobbers Hollow, Robertsbridge, East Sussex, TN325E
