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Equity release

I'm looking into equity release as our mortgage is long paid up and we have no dependants to leave anything to.
In the past I have been on a DMP but all paid up now and doesn't show on my credit ratings.
Will this affect my ability to get an equity release offer?
It was only myself on the DMP not the wife.
If God didn't want us to eat animals, why did he make them out of meat. :beer::beer:

Comments

  • thewad
    thewad Posts: 348 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    ?????????????????


    If God didn't want us to eat animals, why did he make them out of meat. :beer::beer:
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I very much doubt it.
    You own a valuable asset and are looking at equity release.

  • Edi81
    Edi81 Posts: 1,514 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    thewad said:
    ?????????????????


    It’s a bank holiday weekend so not the best time to post. 
    You’ve had another thread about this - did you not ask the three companies you spoke to?
  • Hi,
    No, if the DMP has been repaid and there is nothing secured against your property, you should be fine.
    Only a couple of the lenders credit score.
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