question category: Debt Companies

Can we have a charge applied to our house, when we have equity release already?
Submitted on: 5th May 2010 by Non-Member | Total Answers: 0

We already have Equity Release on our house up to the maximum from a few years ago. It is a lifetime mortgage. I have been told that a creditor will not be able to put a charge on the house because of the equity release already on it. Is that true?

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