Equity Release Early Repayment Charge

Find out more about equity release early repayment charges…

If you have taken an equity release scheme out but have found that you are able to repay the loan before the term is up (before your home is sold), you may be hit with an equity release early repayment charge.

 

With many loans, an early repayment charge applies as a way of covering the administration costs. However, how much an equity release repayment charge will be will depend on the equity release provider.

 

To find out more about equity release early repayment charges, use our free equity release service. It's easy, all you have to do is:

  • Fill in one form
  • Wait for one of our equity release experts to get back to you
  • Discuss your options
  • Receive free, no obligation, equity release advice and quotes

 

We can help you find out if you will be subject to an equity release early repayment charge, get in touch today to learn more!

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Equity release may affect your entitlement to state benefits and will reduce the value of your estate. It may involve a lifetime mortgage or home reversion plan. All content set out in this website is provided for information only and should not be considered as advice. It is strongly recommended that you seek advice of a qualified, independent financial advisor before making any decisions to take out an equity release product.