A considerable amount of money could be saved by changing your
equity release scheme to a new provider with lower rates of interest.
There may be early redemption charges on the loan and charges to move the loan to a new lender, which need to be assessed. It is worth appointing an independent financial adviser specialising in equity release schemes to provide you with advice.
Those who already have equity release and would like to know how much money can be saved by switching lenders can find out by contacting therightequityrelease.co.uk for specialist equity release advice.