Can I take more money later?
There are a number of plans that may allow you to release more equity in the future, but the availability of further releases will depend on criteria and conditions that apply at the time.
If you think you might want more money in the future, you can take a drawdown facility, which enables you to take out your money in stages; interest only accrues on the equity that you have actually drawn down.
‘Our 55Plus Equity Release adviser made the whole process flow and answered any questions I had really quickly. She really just made the whole experience easy.’JS, successful over 55 equity release scheme applicant, Medway, Kent