We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
equity release
mikehardy
Posts: 2 Newbie
We have been turned down for ER as our ex-council property is subject to a Section 157 Covenant. Does anyone know of a lender who might lend under this ?
0
Comments
-
I doubt you will find an equity release lender who will lend with the 157 in place unfortunately.You don't say where you are in the country, but do you know if any others in a similar position have had any luck in getting released from the covenant?Did you go to one of the High St lenders direct for the equity release product, or did you use an independent advisor (whole market) ?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards