Can I end the equity release scheme early?

That depends on what type of over 55 equity release scheme you opt for. 

If you take out a lifetime mortgage and your circumstances change, you may wish to repay your lifetime mortgage early. However, it is worth remembering that these plans are intended to be long-term plans, and therefore your provider may charge an early redemption fee. 

You cannot cancel a home reversion scheme once it has started.

‘Our 55+ Equity Release adviser is very pleasant and she listened properly to what I was saying and came back to me with answers.’

NE, successful over 55 equity release scheme applicant, Kent

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