FAQs

Yes: equity release plans which comply with our full product standards give you the right to move to a “suitable alternative property”. This means a property which your provider would accept if it were setting up a plan for a new customer. There are some properties which providers would not be able to accept – and this is usually because there would be restrictions on their ability to sell the property in the open market when your plan comes to an end.  So, for instance, homes which are built in retirement complexes are not generally acceptable, because the provider would not be able to sell them in the open market.

There may be other restrictions on the types of property that will be acceptable to providers – such as the type of construction.  See question on “Why are some types of property not acceptable to equity release providers?”