Portability
👋Welcome to Information Station 🚂 where we dive into the world of lifetime mortgage plans.
Today, let's explore a great feature that offers you flexibility and peace of mind—the "Portability" of your equity release plan. 🏡✨
Have you ever wondered what happens if you decide to move to a new property in the future? The Portability feature has you covered!
With this option, your lifetime mortgage can be transferred to your new home, as long as it meets the lender's criteria. It's like carrying your financial freedom with you! 🏠👜
This means you don't have to worry about repaying your mortgage if you decide to move, and you can continue enjoying the benefits of your equity release plan in your new home.
It's a fantastic way to adapt to changing circumstances without losing the value you've unlocked in your home.
Curious to learn more about the Portability feature or other equity release options? Drop me a comment 💬 or send me a message 📩. Your question could be featured in my next video!
Thanks for tuning in to "My Information Station." Stay informed 🧠, and remember, knowledge is power 💪 when it comes to making decisions about your financial future. Until next time! 🚂
This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home, or you want your family to inherit it. If you are in any doubt, seek independent advice.
A fee may be charged for mortgage advice, the exact amount will depend on your circumstances.
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