• You could affect import lifetime home loan to some other household, at the mercy of your new home conference our very own credit standards on lifetime of application. When it will not and you can you’d still wish move house, after that your lifetime financial will need to be paid back in full and you can an early installment fees you’ll apply. However, if you have stored yourself mortgage to possess 36 months or even more, you are entitled to Downsizing Security. This means you can easily move home and pay off the lives home loan without having to pay an earlier fees costs. Susceptible to terms and conditions.

Interest levels and just how far you could potentially borrow depend on your private circumstances just like your age, property value, health insurance and life info. Read more “Exactly how much do i need to obtain which have a lifetime financial?”