Switching your Equity Release Plan
If you took out your Equity Release Plan a few years ago it may be worth arranging a â€˜no obligationâ€™ review as it could save you thousands of pounds switching your plan to another company with a lower interest rate.
Potential Benefits of switching your equity release plan include:
- Lower interest rate
- Additional benefits being added to your plan
- Borrowing more if your property value has increased
- Borrowing more as you are now older